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As climate change ministers, we urge multilateral banks to come together to help vulnerable nations, who face cascading challenges

The science is clear. The climate crisis is the biggest single threat we face as a global community. In turn, meeting the goals of the Paris agreement and realising the opportunities of climate action is the task of the 21st century.

No single government can address this alone. Together, we can rise to the challenge.

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As one of the world’s top three petro-states, exporting climate change in the form of coal and LNG, it is high time to flip the script. This was a missed opportunity.

The post Missed opportunity: Critical minerals strategy falls drastically short on funding appeared first on RenewEconomy.

Pouring these products down the sink causes society-wide problems for the entire sewerage system and the workers who maintain it. Ian A Wright, Associate Professor in Environmental Science, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.

Water company to have regular meetings with environment secretary after failing to meet promised targets to fix leakage rates

The leakage rate from Thames Water pipes is the highest for five years and the company will not meet its target to plug them this year, according to information released under freedom of information laws.

The company, which serves 15 million customers across London and Thames Valley, has to have regular meetings with the environment secretary because it is considered to be lagging in its performance.

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The action by the Environment Protection Authority follows alarming results from testing of rainwater tanks and the blood and hair of residents living near to the mine. Ian A Wright, Associate Professor in Environmental Science, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.

New deals for four hour batteries takes the technology make the next giant leap over the fossil fuel generators they will replace.

The post Battery storage takes another giant leap over fossil fuels in heart of coal country appeared first on RenewEconomy.

A daily summary of our news plus bite-sized updates from around the world.

CEFC gets more than $20 billion in new funds - mostly for transmission - to try and get the renewable transition back on track.

The post “We must move quickly:” CEFC gets $20bn to put renewable transition back on track appeared first on RenewEconomy.

At a climate summit in Paris, Barbados's prime minister wants to raise billions for poor nations.

The spot price for NZUs hit a two-year low in Thursday morning trade, and is likely to fall "much lower" as the release of the government’s ETS review consultation created further uncertainty in the market, according to market participants.

Fossil fuel company ‘aims to thrive through the energy transition by building a low-cost, lower-carbon, profitable, resilient and diversified portfolio’

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The Australian energy giant Woodside is spending $7bn to drill for 479m barrels-worth of oil and gas off the coast of Mexico, but it says this is all in line with keeping global heating to 1.5C.

How?

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Following the destruction of the Kakhovka dam, BBC analysis reveals the changes in the surrounding area.

A startup carbon removal marketplace has raised $13 million in Series A funding after claiming a substantial share of the high-value deals seen to date in the nascent sector.

A Berlin-based climate tech startup has raised €3.5 million in funding to help it develop its precise carbon footprint calculation and compensation tool for travel and logistics emissions.

A significant amount of value is at risk for many of the world's biggest brands if their stakeholders' perceptions of sustainability are not in alignment with actual corporate performance, according to a study.

Largest solar and battery storage project in the Western Pacific will meet more than 25% of Palau's electricity needs.

The post Largest solar and storage project in western Pacific comes online in Palau appeared first on RenewEconomy.

Caribbean seagrass offers various benefits worth around $255 billion annually, including $88.3 bln worth of carbon storage, according to a new study.

An Estonian startup developing carbon removal projects through land restoration in Africa has successfully closed a €1 million investment round.

A US-based blockchain company has hired the lead originator from an Australia-headquartered carbon market financier and asset manager, as the firm readies for a major registry to permit credit tokenisation in Q3.

A government advertising watchdog on Tuesday made a recommendation for a US-based multinational food processing company to discontinue using claims relating to achieving net zero emissions.