Deutsche Bank on Thursday tightened its coal financing policies but has yet to change its criteria for the oil and gas industries, drawing criticism from climate activists.
If overall industrial activity does increase as expected in 2023, then energy use and pollution from production lines and smokestack plants across India can also be expected to climb, undermining global efforts to reign in fossil fuel pollution.
While a number of European countries besides Poland, such as Germany and Hungary, are burning more polluting brown coal, or lignite, to keep the lights on, experts say it's the use of the fuel at home that will have the biggest impact on health.
Brazilian President-elect Luiz Inacio Lula da Silva's incoming administration aims to create a new Federal Police unit focused on environmental crimes, the transition team's public security chief told Reuters.
Namibia said at the COP27 summit on Tuesday that it had secured over 540 million euros ($544 million) in climate finance from the Dutch government and European Investment Bank.
One year after more than 140 countries pledged to halt all deforestation by 2030, little has been done to finance protections or pass new conservation laws, experts say.
The executive director of South Africa's Presidential Commission on Climate Change called the country's coal industry "delusional" on Wednesday, saying the market for the fossil fuel is going to dwindle rapidly in the next decade.
