News

Aligning sovereign debt with climate action is a post-COVID way forward
As the pandemic leaves more nations on the cusp of insolvency, there are innovative tools to deal with both debt and climate action. 2030 is being dubbed the new 2050. Countries

Kenya plans to set up emissions trading system
Kenya aims to set up an emissions trading system that will allow companies and other bodies to buy emissions allowances, the finance minister said on Tuesday, as the country strives

‘Put a price’ on nature to increase biodiversity incentives, experts say
Climate change is not the only global environmental threat that demands attention. Scientists widely agree that loss of wildlife and the natural environment is an equally urgent crisis. Climate change is not

Dominica and UAE-Caribbean Renewable Energy Fund to Sign $50m Clean-Energy Plant Contract
The Government of the Commonwealth of Dominica and the UAE-Caribbean Renewable Energy Fund (UAE-CREF) have announced a deal for a hurricane-resistant clean energy project. The $50 million development in Dominica will support a 5-megawatt/2.5 megawatt-hours battery

P4G Summit to Chart Path to Green Recovery, Carbon Neutrality by 2050
In the run-up to the 2021 Seoul Summit, convened by Partnering for Green Growth and the Global Goals 2030 (P4G), the SDG Knowledge Hub is previewing how, through dedicated sessions, the Summit

WTO Aims for Agreement on Fisheries Subsidies in July 2021
World Trade Organization (WTO) members reviewed work undertaken in March and April to advance negotiations on an agreement to curb harmful fisheries subsidies. WTO members are aiming to reach an agreement

Opinion: As the US and EU get on with green recovery, Australia has missed a huge opportunity
The volume of funds being put forward in the federal budget is staggeringly low and can only be seen as window dressing f anyone had any doubts about the federal

‘Unlawful and irrational’: UK Government taken to court over oil and gas subsidies
Environmental campaigners have launched a legal challenge against the UK Government, arguing that its continued support for expanding oil and gas production in the North Sea is incompatible with its

Shipping now faces the highest price on carbon for any global industry
The Republic of the Marshall Islands has been advancing a proposal before the International Maritime Organization (IMO) to impose a $100 per ton tax on all greenhouse gas (GHG) emissions