A BlackRock-backed group, along with France and Germany, aims to raise an initial $500 million for a private equity fund that will invest in climate change-linked infrastructure upgrades in emerging markets.
BP’s incoming CEO plans to expand the company’s climate targets and is considering overhauling the company’s structure in one of the biggest shake-ups in its 111-year history.
Drug companies are not making progress against the spread of antibiotic resistance at a scale and speed great enough to tackle the global health threat posed by superbugs, a key benchmark analysis found.
The world needs to prepare for a surge in refugees with potentially millions of people being driven from their homes by the impact of climate change, the United Nations High Commissioner for Refugees said.
At least $1 trillion of investment in new fuel technology is needed to enable the shipping industry to meet U.N. targets for cuts in carbon emissions by 2050, a study showed.
Central banks can’t be expected to save the world from climate change, a new book by the Bank for International Settlement said, urging instead global co-ordination ranging from government policy to financial regulation.
Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain, a top International Monetary Fund official said.
China will impose more curbs on agriculture and widen restrictions on industrial development in the next five years in a bid to protect scarce, already contaminated water supplies from further pollution, a government official said.
Deforestation of Brazil’s Amazon rainforest threatens to accelerate and draw increased global concern since no new fire prevention measures have been taken in the crucial run-up to this year’s dry season, according to a group called MapBiomas that monitors the rate of forest destruction.
The imminent danger posed by climate change means activists were not guilty of trespassing when they occupied a Swiss bank and played tennis to demand an end to funding of fossil fuel projects, a Swiss judge ruled.