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UN foresees major climate risks to food systems and tourism in 2024

…slow pandemic recoveries in developing economies and live conflicts in regions including the Middle East and Russia-Ukraine. Recent climate-related damages and imminent climate-linked risks are also highlighted. In his foreword…

Voting matters: Why are asset managers blocking key ESG resolutions?

…additional expense or a bolt-on that can be sidelined. These pressures are felt in Europe as much as anywhere else, with the fallout from the Russia-Ukraine war and Brexit amplified…

From CEO surveys to a $100bn carbon markets moonshot: The 10 biggest sustainable business announcements from Davos 2024

…back seat this year with eyes on live conflicts in Russia and the middle east, this gathering of executives and the super-rich does tend to set the tone for the…

COP29: Azerbaijan adds 12 women to summit committee following pressure from sustainability leaders

…a host within Eastern Europe – the region due to host this time around – due to threats from Russia. Another challenge was finding somewhere with an appropriate venue and…

UK policymakers face protests ahead of key vote on North Sea oil and gas expansion

…up to 15 years to reach the marketplace, therefore the bill has nothing to do with addressing current energy issues caused by the Russia Ukraine crisis.” Most Conservatives are expected…

Don’t enter green subsidy race with US and EU, influential think-tank tells UK Government

…Exchange and the former editor of The Financial Times. In the face of recent global shocks, including the Covid-19 pandemic, the US-China trade war, and Russia’s invasion of Ukraine, the…

UN climate chief calls on UK to ‘seriously re-engineer’ emissions plans

…responsibility, plus emerging economies with expanding emissions footprints, have a particularly strong need to update their NDCs, said Stiell. He called on the likes of China, Russia, India, the UK,…

IEA pledges enhanced focus on supply chains for critical minerals

…its 50-year history, including two times since Russia attacked Ukraine in February 2022. Birol described the programme’s purpose as “providing a safety net”. It will form part of a wider…

Current net-zero policies could drive inequality across the UK, research warns

…Energy and Climate Intelligence Unit (ECIU) this week finding that the UK has spent more than £100bn on wholesale gas since prices since Russia’s invasion of Ukraine, the Young Foundation…

Seizing the solar surge: How UK businesses can forge a path to energy resilience

…energy cost savings of £12.6bn for businesses. Additionally, Hewett mentions how market fluctuations, like those stemming from the Russia-Ukraine conflict, are likely to persist due to other global events. According…

MPs press UK Government for Land Use Framework

…the dwindling financial stability of their businesses, including high fuel and fertilizer costs since the Russia-Ukraine war began. Some also see top-down environmental targets as red tape that could incentivise…

‘Just Transition’: Farmers press Defra to boost budget for green schemes

…farmers, including price hikes for fuel and fertilizer linked to Russia’s war with Ukraine, the Alliance has stated. Added to the mix the additional burden of compliance with forthcoming environmental…

Clean energy transition risks ‘U-turns and detours’ in all regions

…present either ‘high’ or ‘very high’ levels of uncertainty that an orderly energy transition can occur. This sentiment was particularly pronounced in Europe, doubtless due to the Russia-Ukraine conflict. Commodity…

UK Energy Secretary slams EU court ruling that green policy inaction undermines human rights

…youths against 32 governments, including every EU member state, as well as Norway, Switzerland, Turkey, Russia and the UK. The court stated that the group did not exhaust all options…

Playing ‘Petropolitics’: What can we expect from this month’s global Plastics Treaty negotiations?

…Nigeria, Pakistan, Egypt, the UAE, Iran, India and Russia. And those likely to mismanage plastics at the greatest scale are China, the USA, India, Brazil and Mexico. EA Earth Action…

‘Too little, too late’: G7 nations agree to phase out unabated coal by 2035

…nations also committed to collaborating on fusion energy and reducing reliance on Russian gas. Additionally, they pledged to cut methane emissions, enhance critical raw material security and eliminate non-CO2 greenhouse…

Iberostar: Hotel in Mallorca installs hydrogen fuel cell system

…the past two years. The EU is notably aiming to end the use of Russian fossil fuel imports by the late 2020s. Business benefits As noted above, Iberostar has not…

Environmental, Social, Governance and Helping Businesses Walk the Talk

…had a methodology for measuring progress to targets and comparing year on year improvements. In a world still reeling from the coronavirus pandemic, a cost-of-living crisis and the Russian invasion…

Shareholder activism on ESG lagging in Europe despite global increase

…resolutions on ESG issues in 2023, a slight year-on-year increase globally. But European shareholders bucked this trend, exhibiting short-term thinking against the backdrop of the Russia-Ukraine war and energy crisis….