The G20 countries have provided more than $3.3tn (£2.4tn) in subsidies for fossil fuels since the Paris climate agreement was sealed in 2015, a report shows, despite many committing to tackle the crisis.
New climate targets announced by the US and other rich nations in recent weeks have put the world on track for global heating of about 2.4C by – the end of the century, research has found.
Almost half the companies involved in the thermal coal industry are expected to defy global climate commitments by deepening their coal interests in the coming years, according to a report.
The election of Joe Biden as president of the US could reduce global heating by about 0.1C, bringing the goals of the Paris agreement "within striking distance", if his plans are fulfilled, according to a detailed analysis.
