Climate change

DEFINITION: A long-term shift in global weather patterns or average temperatures. Scientific research shows that, compared with climate change patterns throughout Earth’s history, the rate of temperature rise the Industrial Revolution is extremely high. Rising temperatures can lead to extreme weather such as droughts, sea level rises and retreating glaciers.

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What makes a sustainability leader? Meet the Business of the Year the Midcounties Co-operative

With the entry deadline for edie's 2022 Sustainability Leaders Awards less than a month away, this series showcases the achievements of previous winners and reveals their secrets to success. Up next: Winner of our Business of the Year award, the Midcounties Co-operative.

Image: UN Climate Change 

Elizabeth Wathuti: Climate crisis needs to be 'humanised' to inspire more action

EXCLUSIVE: Elizabeth Wathuti, the Kenyan activist who gave an impassioned speech to world leaders at COP26, believes that businesses and society need to "open their hearts and listen" the communities that are experiencing the worst of the climate crisis already, in order to make informed decisions that benefit society at the next global climate summit.

Pictured: Flooding around the River Severn in Shropshire

Climate crisis could wipe out 1% of GDP by 2045, UK Government admits

The UK Government is forecasting that, without better plans to improve climate resilience, billions of pounds will be wiped off of national GDP in the coming decades, with the costs of inaction set to outweigh the cost of action by 2045.

The report argues that “dynamic” carbon monitoring would be complemented by a new carbon standard that should be introduced across all parts of the economy

Report: Carbon mandates can kickstart digital net-zero energy sector

The Government has been urged to assist the digitalisation of the UK's energy system so that it can reliably and transparently integrate new solutions such as electric vehicles (EVs) and heat pumps that will drive low-carbon markets moving forward.

Issuance was particularly high from the departments of national governments, and bodies set up by national governments, including the organisation tasked with rail construction in France

A boon for green bonds: Record $210bn of climate bonds certified in 2021

The Climate Bonds Initiative has revealed that it certified more than $200bn of bonds in 2021, from more than 220 issuers, marking a record high.

Parliament has been back for less than two weeks and, already, pressure is mounting over net-zero policy gaps

Failure to tackle cost-of-living crisis could derail UK's net-zero transition, Institute for Government warns

The current cost-of-living crisis, largely driven by energy price hikes, is the "most immediate threat" to the UK's delivery of its long-term climate targets, according to a new policy briefing.

The Strategies were both published in October 2021, prompting a mixed reaction

UK Government taken to court over Net-Zero Strategy and Heat and Buildings Strategy

The UK Government is being taken to court by Friends of the Earth and ClientEarth over its Net-Zero Strategy, with the groups claiming that the policies detailed will not result in the emissions reductions promised under legally binding climate targets.

Image: Edelman PR

Edelman sets out new climate requirements for clients, stops short of ending work with fossil fuel majors

The world's largest PR firm, Edelman, has pledged to only work with clients committed to accelerating the net-zero transition going forward and to following climate science. However, for now, it will continue working with the likes of Shell and ExxonMobil.

Pictured: Flooding in Europe in July 2021, which caused $43bn in costs and losses and caused more tjan 240 deaths

WEF: World leaders running out of time to deliver green recovery from Covid-19

The World Economic Forum (WEF) has once again ranked the climate crisis as the world's biggest risk in the long-term - but it has also overtaken Covid-19 as the biggest medium-term risk.

Under current emissions reductions targets, 92% of all countries are expected to experience extreme hot years every second year by 2030

Emissions from five major economies to double number of countries facing 'extreme hot' years, scientists warn

The emissions of five major economies over a 40-year period look set to double the number of nations that will experience "extreme hot years", new research warns.

22 New Year's resolutions for sustainability professionals in 2022 and beyond

From impeached Presidents to billionaire space races, 2021 will be remembered for the bizarre, but also for the growing climate movement that delivered a new 'climate pact' at COP26. But what does 2022 hold for sustainability professionals? Here, edie outlines climate 22 goals for 2022.

(L-R) Oxford University Professor Myles Alan, Climate Change Committee adaptation lead Kathryn Brown and Environment Agency officer Charan Singh (pictured with Emma Howard-Boyd) were among the figures from the UK's green economy on this year's list

New Years Honours 2022: The sustainability leaders on the Queen's list

The outstanding achievements of dozens of people working across the UK's environmental space and sustainable business community have been recognised by the Queen in this year's New Year's Honours list. Read on to find out more about the newly-awarded scientists, innovators and conservationists.

As we approach 2022, we recap, month-by-month, on 2021's biggest environmental headlines

COP26 commitments, the Cambo row and an 'Earth Charter' for business: The sustainability stories of 2021

With less than a week until Christmas, edie recaps on a hugely busy year for sustainability stories, rounding up successes and failures in the global green recovery movement and reflecting on COP26.

Common misinformation tactics include claiming that the global temperature increase is not happening, or is not linked to human activity

Facebook and Google accused of hosting climate misinformation adverts during COP26

Facebook has not adapted processes rapidly enough to detect and stop new climate denial tactics, a new report is arguing, while Google is, separately, under fire for placing dozens of sponsored articles with climate misinformation, against its own commitments.

Generation, supply and demand are all set to grow even further in 2022, by the IEA's calculations

IEA: Coal power set to reach record high in 2021 and keep growing, threatening global net-zero transition

The International Energy Agency (IEA) has published a new analysis revealing that coal power generation did not decrease as much as anticipated in 2020, amid Covid-19, and is rebounding rapidly.

Majority stakeholder Siccar Point Energy is currently in talks with government officials

Cambo oil field project 'put on pause' after Shell pulls out

Energy firm Siccar Point has said it will put plans for the controversial Cambo oil field development, which has faced mounting calls from green groups and ministers to be scrapped, "on pause". 

The research also found that shifting 1.7% of car journeys to walking or cycling could provide up to £2.5bn in health benefits 

Green Alliance calls on Government to incentivise different modes of transport to cut emissions

UK efforts to cut transport emissions by switching to electric vehicles (EVs) won't be enough to hit mid-term climate targets, with new research from the Green Alliance thinktank calling for policies to be introduced to incentivise an uptake in public transport.

Pictured: COP26 President Alok Sharma speaking to media as the summit concluded on 13 November. Image: UNFCCC

Get to work implementing COP26 climate pact, UK businesses and green groups urge Government

The UK's biggest business group, the Confederation of British Industry (CBI), has issued a joint call to action pushing the UK Government to implement the final deal made at COP26 last month - the Glasgow Climate Pact.

The CCC notes that there are “uncertainties” surrounding agriculture and greenhouse gas removals

CCC calls on Scottish ministers to outline steps to net-zero

The Climate Change Committee (CCC) has noted the need for 'major changes across the Scottish economy' if it is to meet its ambitious net-zero target and interim 2030 target, with key concerns over transport and agriculture needing to be addressed.

IAG, which owns airlines including British Airways and Aer Lingus, has pledged to power 10% of flights with SAF by 2030

British Airways inks multi-year sustainable aviation fuel supply contract

British Airways has confirmed a new multi-year partnership with Phillips 66 to procure sustainable aviation fuels (SAFs) from a refinery on the Humber industrial cluster.

Following COP26, the CCC has called on the UK Government to strengthen domestic and international approaches to reaching net-zero

Climate Change Committee: UK Government needs to 'raise ambitions' on reaching net-zero

The UK's climate watchdog has called on the UK Government to deliver a "genuine increase in ambition" to reach the measures detailed in the new Glasgow Climate Pact at COP26, including the submission of new emissions targets, rewriting the tax system to phase-out fossil fuels and strengthening international collaboration between countries.

Greenpeace is calling for the UK Government to introduce “specific duties” for companies and auditors to ensure that “climate risk is reflected in financial statements”

Shareholders ignoring auditor approaches to climate risk, report warns

Shareholders at listed UK companies are failing to hold auditors to account on an inability to manage and address climate-related risks, a new report from Greenpeace has warned.

The forestry programme is part of the company’s ambition Zero Carbon commitment 

AstraZeneca partners with Forestry England on tree-planting drive

Pharmaceutical giant AstraZeneca has unveiled a new partnership programme with Forestry England and Borders Forest Trust to plant more than one million trees across the UK by 2025, as part of the company's efforts to become a carbon-negative business by 2030.

Miliband will step into a newly create climate role in the Shadow Cabinet 

Ed Miliband named Shadow Secretary for climate change and net-zero in Labour reshuffle

Labour has named former party leader Ed Miliband as its new Shadow Secretary of State of Climate Change and Net Zero, as part of a Shadow Cabinet reshuffle that will see him champion a New Green Deal in the UK.

SMEs account for around half of employment - and half of business-related emissions - globally 

New climate disclosure framework launched to help SMEs on road to net-zero

CDP and the SME Climate Hub have launched a new framework to help SMEs measure, report and reduce their climate impacts, amid growing concerns that they are facing numerous decarbonisation barriers that do not impact large firms as much.

Target-setting has grown exponentially, but further detail is now urgently needed, the analysis found

Most corporations support net-zero, but only one-third plan to address all of their indirect emissions

A major new analysis of the global net-zero movement has found that the share of revenues from listed firms with targets of some kind has increased almost four-fold within a year. Nonetheless, there is much to be done on making these targets credible.

In terms of market capitalisation, ExxonMobil was one of the top three offenders named in the report

Eight in ten oil and gas majors on track to breach Paris Agreement, despite increase in net-zero pledges

An analysis of the emissions and climate plans of 58 oil and gas giants has found that most are failing to decarbonise in line with climate science, with Saudi Aramco, ExxonMobil and Chevron among the worst offenders.

edie speaks to experts to uncover how the market for NbS is improving to alleviate fears of greenwash

From greenwash to supply squeezes: How COP26 changed the nature-based solutions market

At COP26 earlier this month, the mechanisms on the Paris Agreement rulebook were finally agreed upon, with key aspects on carbon markets defined in unison by world nations. So, will this new and strengthened carbon market assist corporate net-zero targets, particularly through the lens of nature-based solutions?

Pictured: Smiths School of Enterprise and the Environment, where the Group is based. Image: Oxford University

Oxford University bags £4.5m from Ikea Foundation for sustainable finance research

Retailer Ikea's charitable foundation is allocating a £4.5m grant to the University of Oxford's Sustainable Finance Group, which is working to help the UK's financial sector align with the Paris Agreement's climate pathways.

Sunderland (pictured) is one of six new additions to the A-List

Which UK cities are the new climate 'A-Listers' - and why?

CDP has just published its 2021 Cities A-list, with the UK having more than twice as many locations on the list than in 2020. Here, edie looks at the 10 UK cities to have made the cut, summarising their green plans and progress to date.

The longer the transition is delayed, the report warns, the higher the additional cost - with a non-linear increase forecast

Report: Climate inaction from energy and automotive firms to rack up costs of $150bn each year

Businesses in the coal, oil and gas, power generation and automotive sectors are failing to plan for an orderly net-zero transition, posing a sizeable risk to financial markets, a new report is warning.

Image: UK Government

Boris Johnson: COP26 delivered as much as we could have hoped

Prime Minister Boris Johnson has delivered a post-COP26 press conference, saying he feels "tinged with disappointment" that a stronger deal was not struck, but defending the summit as a "success".

Image: UNClimateChange flickr

Glasgow Climate Pact: The 7 key talking points from the new global deal at COP26

As the dust settles on COP26 in Glasgow, people are still getting to grips with the new Glasgow Climate Pact and what that means for the global climate movement. Here, edie outlines seven key talking points (not all of them bad) from this historic new announcement.

The show's over: We explore the legacy of COP26 from the perspective of sustainability leaders, Glaswegians and young people

COP26 Covered Podcast final episode: The COP26 legacy for business, Glasgow & future generations

A reflective final episode of this mini-series of podcasts sees Luke, Matt and Sarah re-unite to discuss the impacts that COP26 could have on people, industry and the planet - featuring interviews with a young documentary filmmaker, a Glaswegian climate leader and the sustainability director at Formula E.

Image: UNClimateChange flickr

Glasgow Climate Pact: World leaders agree final climate deal at COP26

BREAKING: The gavel has finally come down and world leaders have this evening (13 November) agreed the new 'Glasgow Climate Pact', which calls on all nations to set new climate targets by the end of next year and phasing down unabated fossil fuel usage and inefficient subsidies.  

Image: UNClimateChange flickr

1.5C 'only just' in reach: Business leaders and green economy react to Glasgow Climate Pact at COP26

After two weeks of tense negotiations, climate protests and sweeping climate announcements, COP26 has officially closed with the formation of the Glasgow Climate Pact, an agreement to raise climate ambitions that has seen green groups call for heightened policy and business interventions to keep 1.5C alive over the coming years.

Images: UNFCCC

The second week of COP26: The 10 biggest stories

COP26 was officially scheduled to end at 6pm on Friday (12 November), after a two-week-long push to prevent the worst of the climate crisis and align global plans with the Paris Agreement's 1.5C trajectory. It has officially over-run overnight and, as negotiators continue their work, edie summarises the week's key developments.

Regardless of language, nations will likely be asked to submit new 2030 actions plans next year. Image: UNClimateChange

Updated COP26 draft plan waters down key language on fossil fuels and NDCs

With negotiations scheduled to finish later today (12 November) at COP26, a new draft plan has been unveiled with subtle yet important changes, such as "requesting" that nations submit updated climate plans by the end of 2022, but has watered down facets on fossil fuels.

Pictured: Nicola Sturgeon, Vanessa Nakate and Nigel Topping at this afternoon's 'Racing to a Better World' event

COP26: six things you need to know from Cities, Regions and Built Environment Day

The final day of COP26 proceedings for non-state actors (11 November) was dedicated to Cities, Regions and the Built Environment. Here, edie rounds up the day's big announcements in this space, and summarises the state of play as negotiations enter their final hours.

Video Interface's Erin Meezan on why raising climate ambitions is good for business

EXCLUSIVE: The chief sustainability officer of carpet tile manufacturer Interface has told edie that setting stretching, ambitious and uncomfortable climate targets was key to galvanising businesses and unlocking innovation.

Triodos is aiming to have it's net-zero target validated by the SBTi

Insetting and mandatory disclosure: Triodos Bank on how the finance sector can reach net-zero

Last week, Triodos Bank UK unveiled a net-zero emissions target for its loans and fund investments for 2035. To mark Net-Zero November, the bank's chief executive Bevis Watts discusses how mandatory planning and disclosure can drive the sector to invest in low-carbon and nature-based solutions.

Lagos (pictured) will be one of the cities across Africa, Asia and Latin America to benefit from the initiative

COP26: UK launches new 'urban climate action' fund for developing nations

To coincide with COP26, the UK Government has launched a new fund whereby developed nations can provide funding to support cities and regions in developing countries to decarbonise.

Image: UNClimateChange flickr

Fossil fuel phase-outs and new climate action plans remain in COP26 final draft, with strings attached

COP26 President Alok Sharma had unveiled a final draft proposal for negotiations, with key measures to raising climate ambitions by the end of 2022 and the phase-out of "inefficient" fossil fuel subsidies surviving in the texts.

We're into the last stretch of negotiations, with the UK Unit still hoping to announce a final agreed text by 6pm GMT on Friday

9 things you need to know from Transport Day at COP26

Transport has been the order of the day for the presidency programme at COP26 on the second and final Wednesday (10 November) of the summit. Here, edie rounds up eight of the day's major headlines.

The documents set up a tense negotiating period at Glasgow

COP26 draft plan: Countries urged to submit and strengthen climate plans

The COP26 Presidency Unit has published the draft "cover decision" of negotiations at the summit so far, calling on nations to "revisit and strengthen" their 2030 climate targets by the end of 2022 in order to keep any chance of reaching the 1.5C pathway of the Paris Agreement alive.

7 things you need to know from Science, Innovation and Gender Day at COP26

The presidency programme for the second and final Tuesday (9 November) here at COP26 was dedicated to innovation for a low-carbon and climate-resilient world, and also to the importance of gender equality in tackling the climate crisis. Here, edie rounds up seven talking points from the day.

During the episode, Luke speaks with Dhruv Boruah, founder of innovative net-positive submarine concept, Oceanways

COP26 Covered Podcast episode 11: Innovation special - Corporate accelerators, EV revolutions and green submarines

To mark Innovation Day, Luke rides across Glasgow on a rickshaw to speak with three leaders across the climate innovation value chain, including corporate accelerator Project X Global, electric performance carmaker Polestar, and a net-positive submarine concept, Oceanways.

Image: She Changes Climate

Spotlight on gender at COP26: 8 inspiring women tackling the climate crisis

To mark Gender Day (9 November) at COP26, edie collates a non-exhaustive list of women whose voices have been integral to the summit so far, including activists from the global south and UN representatives.

We Mean Business Coalition's chief executive María Mendiluce spoke with edie's content director Luke Nicholls in the Business Pavilion at COP26

María Mendiluce on keeping 1.5C alive and achieving global carbon market deal at COP26

EXCLUSIVE: The chief executive of the We Mean Business Coalition has told edie that the goal of limiting global warming to 1.5C is 'alive, but in intensive care' and that world leaders must 'get their act together' to unlock Article 6 of the Paris Agreement.

As well as calling out social media CEOs, the letter urges the UN to play its part and develop a shared international definition of climate misinformation

'Not an abstract threat': 250 businesses and leaders push UN and social media giants to clamp down on climate misinformation

Paris Agreement architect Laurence Tubiana, WWF, Sky, Virgin Media O2 and Ben & Jerrys are among the 250+ organisations and leaders supporting a new call to tackle climate misinformation, launched to coincide with COP26.

Pictured: A panel from the UN's Government Office for Science, put on to set the scene for the day

Science and Innovation Day at COP26: Nations forge new collaborations on climate resilience, health, low-carbon materials

As Science and Innovation Day (9 November) begins at COP26, a string of new collaborations has been launched by nations, in a bid to make low-carbon materials and industrial technologies affordable, and to improve climate resilience in developing nations.

The busiest live event of the day in the Blue Zone was a speech from former US President Barack Obama. Image: UNFCCC

Five things you need to know from Adaptation, Loss and Damage Day at COP26

The second Monday (8 November) here at COP26 was dedicated to adaptation, loss and damage, with major announcements from nations, cities, regions and businesses. Here, edie rounds up five big stories from the day.

The costs of adaptation look set to reach the higher end of $140-$300bn each year by 2030

UK commits £290m for climate adaptation as nations seek clarity on funding timeframes

The UK Government looks set to commit £290m in new funding towards climate adaptation across the globe, with other multi-million pound commitments set to be delivered by nations as week two of COP26 gets underway.

Race to Resiliency has also confirmed that members to date have helped to increase the climate resilience of more than 2.3 billion people globally

New framework launched at COP26 to help businesses and regions measure climate resiliency

A UN programme to get cities, regions, businesses and investors to improve approaches to resiliency has launched a new set of metric systems today (8 November) at COP26, to assist with a goal of making four billion people more resilient to an array of risks by 2030.

Paul Polman spoke to edie within the Action Zone of COP26, at the end of the first week of the climate summit

Video Paul Polman on moving from 'blah, blah, blah' to 'action, action, action' in COP26 week 2

Former Unilever CEO Paul Polman has spoken to edie about the need to translate the 'tremendous' national announcements made so far at COP26 into transformative industry action, as we enter a crucial second week of the climate summit.

For the first time, national ambitions and commitments pushed the world into the 2C threshold of the Paris Agreement

COP26 week 1 analysis: Is the world any closer to 1.5C?

The first week of negotiations in Glasgow has led to some head-spinning announcements, the formulation of crucial climate coalitions and some massive restructures to the economy. One question still needs answering though: is COP26 'keeping 1.5C alive'?

Proceedings today (6 November) at COP26 will focus on nature, ahead of the summit's only rest day tomorrow

COP26: Nations collectively agree to sustainable food systems policies and pledge to accelerate green agriculture innovation

To mark Nature and Land Use Day at COP26, 150 organisations have agreed to accelerate the deployment of green innovations for the agriculture sector, while 45 nations have agreed to reform policies to support a sustainable food system.

By the Bank's own admission, its activities in 2020 were aligned with a 3.5C temperature pathway, when the Paris Agreement's pathways are 2C and 1.5C

Bank of England strengthens climate requirements for corporate bond purchases

After facing much scrutiny over the climate credentials of its Corporate Bond Purchase Scheme, the Bank of England has published a roadmap for aligning the Scheme with net-zero by 2050.

In tandem to announcements from governments and end-user businesses today at COP26, several key moves are being made in the field of private finance

COP26: Asset managers representing $87.trn in assets vow to stop financing deforestation

Building on national and international commitments made at COP26 to mark Nature and Land Use Day, major financial institutions have pledged to stop financing agri-food firms linked to deforestation by 2025.

Climate misinformation running high on Facebook, report finds

Climate misinformation is "rampant" on Facebook, despite the platform's claims to the contrary, according to a new report.

HSBC UK's chief executive unveiled the new loan offering at COP26

HSBC UK launches £500m green fund for SMEs

UK banking giant has launched a new £500m green funding initiative to help small and medium-sized businesses decarbonise and invest in green initiatives.

It is believed the new commitments could signal the end of more than 40GW of coal across 20 countries Image: UNClimateChange

COP26: 190 nations, regions and organisations commit to major coal power and financing phase-outs

A coalition of the world's major economies, financial institutions and organisations have come together to accelerate efforts to phase-out coal generating capacity and financing for new fossil fuel projects at COP26.

The UN report finds that the costs of adaptation look set to reach the higher end of $140-$300bn each year by 2030

UN: World facing 'gathering storm' with tenfold increase needed in climate adaption finance

As world leaders champion new decarbonisation strategies at COP26, a new report from the UN has called for an urgent increase in finance that is focused on adapting to the impacts of the climate crisis, with current economic flows requiring a "step change" to protect developing countries.

Image: IFRS Foundation

'Moving the trillions': 6 things you need to know from Finance Day at COP26

With the World Leaders Summit wrapped up, the COP26 presidency programme now consists of themed days for non-state actors, as negotiations continue. Wednesday (3 November) was finance day - one of the most highly anticipated. Here, edie rounds up six key headlines from the day.

Carbon pricing can accelerate the transition from polluting technologies to clean ones, by making the former more expensive

International carbon price floor could cut global emissions by 12% this decade, report finds

Putting an agreed international price on carbon could help deliver a 12.3% cut in global emissions by 2030, an important new report has found. At present, many nations have no carbon pricing, with most that do having prices below the level needed to combat the climate crisis.

Announcements are spilling out of COP26 from all angles 

Top 10 talking points: The story so far at COP26

It's been a frantic first few days at COP26 as world leaders opened the two-week negotiations with a raft of new pledges and collaborative efforts to tackle some of the world's most pressing environmental issues. Here, edie rounds up the key talking points so far.

Carney claimed the $130trn from GFANZ was sufficient in delivering net-zero

International Sustainability Standards Board launches as investors worth $130trn focus in on climate

The IFRS Foundation Trustees have marked Finance Day at COP26 by confirming the formation of an International Sustainability Standards Board (ISSB) to create a globe baseline for corporate sustainability disclosures that meet investor demands.

Nico Rosberg spoke to edie within the Action Zone of COP26 in Glasgow

Video Nico Rosberg on the EV transition and sporting role models at COP26

Retired Formula 1 world champion Nico Rosberg has spoken to edie about the need to accelerate the shift to electric vehicles, claiming that 'everything is a little too late at the moment' in relation to the COP26 climate talks in Glasgow.

World Leaders are continuing to give opening speeches, but financial announcements are being made and coalitions launched at a pace

Clean energy at COP26: Philanthropists and investors launch $100bn alliance as UK and India collaborate on green grids

The Bezos Earth Fund, Ikea Foundation and Rockefeller Foundation have forged a major new alliance with central investment banks, aiming to mobilise $100bn for renewable energy, other low-carbon technologies and green jobs.

The first official full day has been jam-packed with panel talks, protests and photo ops. Here, we round up key happenings in terms of international speeches and pledges. Image: UK COP26 Unit 

COP26 World Leaders Summit: 6 things you need to know from Day 1

World leaders were officially welcomed to COP26 on Monday (1 November), with a host of Prime Ministers and national leaders joined by Sir David Attenborough and Prince Charles in setting a tone of urgency for two weeks of critical climate negotiations. Here at the key announcements from Day One of the World Leaders Summit.

Pictured (L-R): WWF's moderator; First Minister for Scotland Nicola Sturgeon; WWF’s global climate and energy practice lead Manuel Pulgar-Vidal; Scotland’s Cabinet Secretary for Net-Zero, Energy and Transport, Michael Matheson. 

Nicola Sturgeon calls on non-state actors to 'keep making life uncomfortable' for nations lagging on climate

First Minister Nicola Sturgeon has told COP26 attendees that "frankly, no climate pledges are being kept" at the moment, urging business leaders and others to keep the pressure on world leaders at the summit and beyond.

Johnson said that history would judge world leaders at this summit

Prime Minister Boris Johnson unveils £3bn climate aid commitment at COP26

UK Prime Minister Boris Johnson unveiled major new climate funding of more than £3bn to help developing nations embrace green growth, as he used his speech at the COP26 Opening Ceremony to call on nations to "set off on a journey to a cleaner, greener future".

Under the theme of "Seize the moment", Net-Zero November 2021 will be focused on turning global ambitions into tangible business actions

Net-Zero November: edie's mega month of content and events kicks off this week

As critical negotiations at COP26 formally start, the award-winning edie content has launched Net-Zero November - a return to an entire month's worth of digital content and live events, all dedicated to accelerating the race to a more resilient, zero-carbon economy.

Pictured: World leaders convene at the Trevi Fountain, minus attendees from China and Russia, who dialled in virtually. Image: G20

G20: What was (and wasn't) agreed by world leaders on the eve of COP26

From 1.5C intentions and an end to international coal finance, to weak promises on fossil fuel subsidies, edie rounds up the green successes and failures of the G20 summit in Rome.

Pictured: Flooding in western Germany this summer. Image: Regine Fabri, CC BY-SA 4.0 https://en.wikipedia.org/wiki/2021_European_floods#/media/File:Floods_16_July_2021,_Belgium,_Tilff_1.jpg

Report: This summer's extreme weather events would have been 'virtually impossible' without climate crisis

The World Meteorological Organisation (WMO) has published a major report on the state of the climate in 2021, revealing that the past seven years have been the warmest on record, and that global heating made devastating floods and wildfires this summer more likely.

Image: UNFCCC

'Paris promised, Glasgow must deliver': Alok Sharma issues call to action at COP26 opening ceremony

In the official opening address for the COP26 climate summit, the UK's COP26 President Alok Sharma called on nations to work collaboratively to deliver the aims of the Paris Agreement and "launch a decade of ever-increasing action and ambition" that keeps 1.5C alive.

COP26 Covered will feature round-ups, special guests, listener quizzes and more – all available to listen and subscribe to, for free

COP26 Covered Podcast episode 2: All aboard the Climate Train to Glasgow

In this second episode of edie's brand-new COP26 Covered podcast, the team join 500 policymakers, environmental groups and youth activists on-board The Climate Train up to Glasgow, for a sustainable rail journey featuring leader interviews, climate card games and – of course – bagpipes.   

The facility is tied to performances against emissions, food waste and transport over the next five years

John Lewis links £420m loan to net-zero target

The John Lewis Partnership has signed a five-year revolving credit facility worth £420m that will be linked to environmental targets such as the retailer's effort to reach net-zero emissions by 2035.

We've collated advice from those who have attended multiple COPs, to help first-time attendees. 

6 top tips for getting the most out of COP26

COP26 is officially opening in Glasgow on Sunday (31 October). For first-time COP attendees looking for more climate treats than tricks this Halloween, edie has pulled together advice for getting the most out of the event.

edie outlines what can be expected and what needs to happen at COP26

Make or Break: 5 key talking points that will determine the success of COP26

COP26 is upon us. Postponements, political unrest and climate laggards being slow to join the table has left negotiations in a precarious yet achievable position. Here, edie summarises the key discussion points that could make or break COP26.

The COP26 Climate Action Plan: Workshop summary report

Released just ahead of COP26, this report maps out a business action plan to accelerate change across the climate summit's key pillars of Clean Energy, Clean Transport, Nature-Based Solutions, Climate Adaptation and Green Finance.

The guidance papers were launched ahead of COP26

Net-zero guidance launched for financial institutions and pension providers

Ahead of the G20 Summit in Rome this weekend, the UN Environment Programme Finance Initiative (UNEP FI) has published a set of recommendations for financial institutions to reach net-zero, while a net-zero transition plan has also been published for pension providers.

This exclusive series has been running regularly, bringing you the key headlines, statistics and events in the run-up to COP26

COP26 Action Tracker: Australia and Saudi Arabia set net-zero goals, questions remain about logistics of summit

With less than one week to go until COP26, this latest edition of edie's Action Tracker explores the eleventh-hour actions being taken by the nations and the private sector.

80% of Covid-19 recovery funding from national governments to date has gone to activities likely to increase or maintain emissions, the report reveals

UN Emissions Gap report: World has failed to accelerate climate action in Covid-19 recovery plans

Climate commitments and plans from national governments are currently aligned with a 2.7C temperature increase, despite many nations badging their updated targets as net-zero or compliant with the Paris Agreement's 1.5C pathway.

The CCC warns that some “strategic gaps” exist, namely that not all sectors have clear plans and pathways to tackle emissions

Net-Zero Strategy 'achievable and affordable' but policy gaps need addressing, CCC notes

The Government's Net-Zero Strategy is an "achievable and affordable" means to reaching its legally binding climate target, but some policy gaps still need to be addressed, according to the Climate Change Committee (CCC).

The Better Business Roundtable: Purpose, Culture and Impact

The climate crisis is raging. Technologies are evolving. The future of work is upon us and new paradigms of growth are emerging. NOW is the time to reinvent business models, shift corporate cultures, change our understanding of value, and reposition business as a force for positive change.

Many developing nations have barely contributed to emissions historically, but are now facing the most pronounced physical impacts of the climate crisis

Rich nations won't deliver $100bn international climate finance promise until 2023

The COP26 Presidency has outlined plans to finally make good on a commitment from OECD nations to provide $100bn of climate finance to poorer countries annually, but stated that the full amount will not be delivered this year or next.

Attendees included chief executives, chief sustainability officers and MPs

Sky chief Jeremy Darroch: Businesses and governments must stop playing 'game of numbers' on climate

Sky's chief executive Jeremy Darroch has used his last public speech while in his role to deliver a call to action from governments and the private sector on the eve of COP26, urging a move from talk or box-ticking to comprehensive action.

The second green gilt is a 32-year bond, maturing on 31 July 2053, making it the sovereign green bond with the longest maturity in the world

UK's second green gilt raises a further £6bn for low-carbon projects

The UK Treasury has confirmed the second sale of its green gilts package, bringing total funding for projects assisting the net-zero transition to £16bn to date.

UNEP found that governments plan to produce more than double the amount of fossil fuels in 2030 than what would be consistent with limiting global warming to 1.5C

Nations on course to breach Paris Agreement targets through rising fossil fuel production

The world is on course to produce around 110% more fossil fuels than what is compatible with a 1.5C future, according to a new UN report warning that governments plan to double fossil fuel production by 2030 despite setting net-zero targets.

edie rounds up the positive initial reaction and those who have been left wanting more urgency

A substantial step forward, or huge letdown? The green economy reacts to the Net-Zero Strategy

The UK's Net-Zero Strategy is finally here, but the reaction to the nation's blueprint to decarbonisation ranges from those believing it provides much-needed clarity for business to others claiming it does nowhere near enough to drive all parts of the economy to net-zero by 2050.

Pledges to report in a TCFD-aligned manner are up significantly, while improvements in actual reporting continue incrementally

TCFD support skyrockets as climate risks and opportunities reporting creeps up

More than 1,000 additional organisations have voiced support for the Task Force on Climate-Related Financial Disclosures (TCFD), bringing the combined market capitalisation of all supporters to $25.1trn (£18.3trn).

The world has less than a decade to deliver the SDGs, and the pandemic has caused progress in many areas to plateau

World leaders' Covid-19 recovery plans risk failing to address climate crisis and social inequality, report warns

Governments are being urged to align action on climate change and sustainable development, with progress towards international goals for 2030 having already been off-track pre-Covid-19 and now experiencing further hurdles.

The Enapter team receiving their award

From green hydrogen to coral reef restoration: Winners of the Earthshot Prize announced

Projects that create fuel from agricultural waste, restore coral reefs and green hydrogen technology are among the winners of the Duke of Cambridge's Earthshot Prize and will now receive support from businesses to scale their solutions.

Under the theme of "Seize the moment", Net-Zero November 2021 will be focused on turning global ambitions into tangible business actions

Net-Zero November: edie to bolster COP26 coverage with bumper month of content and events

With the crucial COP26 climate summit now just weeks away, the award-winning edie content team is gearing up for the return of Net-Zero November - an entire month's worth of digital content and live events, all dedicated to accelerating the race to a more resilient, zero-carbon economy.

AXA has covered more than 60,000 hectares of forests through certification schemes

AXA unveils €1.5bn biodiversity commitment

Insurance company AXA has unveiled a new €1.5bn commitment to improve biodiversity and combat deforestation across key global hotspots.

Race to Zero now represents more than 4,000 businesses

British American Tobacco joins Race to Zero and targets net-zero emissions by 2050

British American Tobacco (BAT) is the latest company to sign up to the UN's Race to Zero initiative, pledging to halve global emissions by 2030 and reach net-zero by no later than 2050.

The company has appointed new climate change specialists to strengthen its sustainability team

John Lewis joins Race to Zero as work starts on 1.5C science-based targets

The John Lewis Partnership has appointed new climate specialists to oversee the development of science-based targets in line with the 1.5C pathway of the Paris Agreement, as the retailer builds towards its net-zero target for 2035.

Many nations are using green bonds as part of their Covid-19 recovery packages, with France, Germany and the UK having already issued sizeable packages 

EU launches world's largest green bond issuance to date

The European Commission has issued €12 bb worth of green bonds on financial markets to finance the green parts of its €800bn coronavirus recovery fund. This represents the world's largest green bond issuance to date.

Ahead of COP26 Sunak has called on other G7 nations to support the IMF’s proposed Resilience and Sustainability Trust

G7 to explore carbon pricing and green finance for developing nations

G7 Finance Ministers have agreed on a new set of principles aimed at improving global supply chain resiliency and backing a new initiative from the International Monetary Fund (IMF) aimed at helping developing countries boost green economic opportunities.