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If Not Now, When? Ambitious energy package is a must at COP 28

As COP 28 approaches, all eyes are on the energy sector. Amidst a striking 91% of global carbon dioxide emissions originating from fossil fuels in 2022, the world is watching for an ambitious energy transition package at this year’s UN Climate Conference in Dubai.
Insight November 20, 2023

More investment in natural infrastructure could lead to 25% more jobs and 16% growth in GDP for Prairies: New report

Natural infrastructure contributes over CAD 4 billion annually to the economy of Canada's Prairies, as well as tens of thousands of jobs. There's still room for growth: more investment can build greater resilience to droughts, floods, fires, and other severe weather impacts—many of which afflicted the region this summer—as well as increase jobs and GDP.
Press release November 15, 2023

COP28 host UAE to extract nearly 40 billion barrels of oil and gas over 70 years

COP28 host the United Arab Emirates (UAE) has plans in place to extract 38 billion barrels of oil and gas between now and 2085–with significant further reserves that could also be extracted in that time. If all oil producing nations followed such a strategy, the world's carbon budget for 1.5 C would be exceeded many times over.
IISD in the news November 13, 2023

Time is running out to cut fossil fuel production

Every two years, a group of analysts from around the world join together to work through a straightforward calculation. They add up all the planned future production of oil, gas and coal worldwide, add up how much carbon it would emit when burned, and then calculate how far that would push us past the Paris Agreement targets of 1.5 and 2 C of warming. The 2023 version of the Production Gap Report—compiled by five leading research organizations worldwide, including Canada's International Institute for Sustainable Development—is not happy reading. Projections call for more than twice as much fossil fuel production by 2030 as would be consistent with the 1.5 C target, and roughly 70 per cent too much for 2 C of warming.
IISD in the news November 10, 2023