climate

COP27: India wants countries to agree to phase down all fossil fuels

India wants countries to agree to phase down all fossil fuels at the COP27 climate summit in Egypt, rather than a narrower deal to...

CO2 emissions from building and construction reach 10 gigatonnes

CO2 emissions from the global building and construction sector have reached an all-time high of 10 gigatonnes in 2021, the UN Environment Programme (UNEP)...

DP World to invest $500 million to cut CO2 emissions

Sultan Ahmed Bin Sulayem, DP World Chairman and Group CEO, announced the company aims to invest up to $500 million to cut CO2 emissions...

COP27: IRENA asks leaders to bridge renewables’ deployment gap

International Renewable Energy Agency (IRENA) -- at the UN Climate Change Conference COP27 – said the collective level of energy transition ambition to date...

COP27 news: UN plan for early warnings against dangerous weather

It will cost the equivalent of just 50 cents per person per year for the next five years to reach everyone on Earth with...

COP17 news: First Movers Coalition commits $12 bn for green technologies

The World Economic Forum and US Special Presidential Envoy for Climate John Kerry announced at COP27 the expansion of a coalition of global companies,...

Progress on biggest promises made during COP26

A Reuters report has revealed the progress on the biggest promises made during COP26 event in Glasgow, Scotland, 12 months ago. NATIONAL EMISSIONS PLANS Nearly 200...

Emerson sells climate tech unit in $14 bn deal to Blackstone

Emerson Electric will sell a majority stake in its climate technologies unit to Blackstone in a deal that values it at $14 billion. The latest...