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.
Microsoft will set a new ambition in addressing climate change, pledging to remove as much carbon as it has emitted in its 45-year history.
European companies called on European Union policy-makers to toughen their approach to China to secure a level playing field for European businesses.
Germany is set to become the first country to drop both nuclear and coal power under a landmark agreement to compensate workers, companies and regional governments as it switches off brown coal-fired plants by 2038.
India is planning a new law to safeguard foreign investment by speeding up dispute resolution, aiming to attract more capital from overseas to boost stuttering domestic growth.
Bushfires ravaging Australia have provided a foretaste of the kinds of conditions that could become normal unless the world moves rapidly to curb emissions of the greenhouse gases driving global warming, scientists have warned.
Italian regulators fined Italy’s oil giant Eni over advertisements on TV and in newspapers, digital media and petrol stations that falsely claimed Eni Diesel+ was ‘green’.
Investment bank UBS concludes that to reach net zero, the world may start to impose restrictions on new fossil fuel investment. Not complete restrictions and not overnight, but enough to reduce cumulative fossil capex by about $10 trillion from now to 2050, or about 2/3 of what we would expect to invest at the current run rate.
Germany and its dominant railway operator Deutsche Bahn signed an agreement to invest 86 billion euros over the next 10 years to upgrade its network in the country’s “biggest modernisation project ever”.
BlackRock, the world’s largest fund manager with $7tn in assets, in a letter sent to clients announced that sustainability should be its “new standard for investing”: