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EU climate change plans will ripple through foreign policy, researchers say

The European Union's goal to have zero net greenhouse gas emissions by 2050 will have "profound geopolitical repercussions," including sharply lower revenue to oil and gas exporting neighbors such as Russia, Algeria and Libya, the European University Institute and two influential think-tanks say.

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Photo by Robert Nyman on Unsplash

Brazil's Bolsonaro slams Biden for 'coward threats' over Amazon

Brazilian President Jair Bolsonaro reacted angrily on Wednesday to U.S. Democratic presidential candidate Joe Biden's call for a world effort to offer Brazil $20 billion to end Amazon deforestation or face unspecified "economic consequences."
carbon market climate action

EU carbon market's free handouts are impeding climate action, auditors say

The European Union should change the way it hands out free pollution permits in the bloc's carbon market, which is failing to bring about deep cuts in emissions.

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Photo by Michiel Ton on Unsplash

Hit by COVID and climate change, island states battle debt crisis

As the coronavirus pandemic compounds worsening economic pressures from climate change impacts, small island developing nations on Monday appealed for international financial support to help them avert a looming debt crisis.
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