India's New Delhi, the world's most polluted capital, is betting on expanding its fleet of electric buses and using more solar power in the next three years to improve the city's air quality, its finance minister said on Wednesday.
Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use and forcing companies to set out science-based transition plans.
Unilever chief executive Alan Jope said on Tuesday that consumer goods companies should get used to the idea of "crisis being more or less the new normal" as they fight soaring inflation, climate change and a global food crisis.
The American Petroleum Institute, the top U.S. oil lobby organization, on Tuesday urged President Joe Biden’s administration to lift a slew of restrictions on fossil fuel development to help ease soaring energy prices.
U.S. Environmental Protection Agency Administrator Michael Regan said on Thursday that the Biden Administration will continue to press to cut pollution from power plants, which he noted were “the largest stationary sources of harmful pollutants like nitrogen oxide and sulfur dioxide.”
The United States and the United Arab Emirates on Tuesday used COP26 climate talks to launch efforts to channel funding into making agriculture resilient to climate change, as well as to cut its emissions.
Climate change is "the greatest commercial opportunity" facing the world, but more needs to be done to boost private sector investment in developing markets, an International Finance Corporation executive has said.
