Bolivia was the first nation to begin leaving a legal system that allows foreign companies to sue governments behind closed doors. Now, other countries are following.
An analysis by IISD showed that government support for fossil fuels reached at least USD 1.5 trillion in 2023, the second-highest annual total on record, after 2022 when the Russia-Ukraine war triggered a global fossil fuel price crisis.
Canada and the U.S. are among those discussing carbon tariffs or carbon border adjustments as a way to protect local industry and achieve climate goals at the same time. But do they work? Where are they being implemented? And what will that do to trade and the cost of living?
Looking back on 2024, let’s take a moment to pause and appreciate the positive milestones of the year. Join us in celebrating the small and big wins for global sustainability.