After handing oil companies more than $280 million in cash during the COVID-19 pandemic, Newfoundland and Labrador’s energy minister says it’s tough to watch those same companies rake in record-shattering profits.
Maharashtra is among the top 5 states with most comprehensive policy designs, according to a study by 'Climate Trends', a research-based consulting and capacity building initiative that aims to bring greater focus on issues of environment, climate change, and sustainable development.
India and China were widely criticised at COP26 in 2021 when they pushed to tone down the language on coal consumption that emerged from the climate summit. As a result of this intervention from two highly coal-dependent nations, with the covert support of other key players, the final version of the Glasgow Climate Pact only called on nations to "phase down" rather than "phase out" unabated coal power.
This UCSB and IISD report examines how investors are financially exposed to NOC risks, but this exposure opens avenues for investor influence on NOCs and creates a strong incentive for investors to use such influence. If the world is to meet the goals of the Paris Agreement, NOCs must begin decarbonizing their activities.
In the first webinar of the NBI Deep Dive series, we explain our Sustainable Asset Valuation (SAVi) methodology, which uses a combination of system dynamics and spatial modelling, climate data, and financial analysis to assess the environmental, social, and economic performance of infrastructure assets. We use case studies of mangrove restoration in Indonesia and natural stormwater solutions in Johannesburg, South Africa.
A new report has concluded that 24 of the world’s richest companies are hiding climate inaction behind a veil of greenwashing, while they rake in a combined revenue of over $4.5 trillion and contribute 4% of global emissions.
By betting it can solve its emissions problem with carbon capture and storage, Canada’s oil and gas industry risks saddling itself with expensive stranded assets, a new report argues.