(trbc);europe
Portugal selects multi-billion post-coronavirus hydrogen projects - Reuters
EU countries agree their green transition fund will not pay for move to nuclear or fossil gas
European Union countries have agreed that the bloc's flagship fund to wean regions off fossil fuels should not finance nuclear or natural gas projects, despite calls from some Eastern countries for gas to be eligible for EU funding.
Global new clean energy investment totaled $282 billion last year: Research
Global investment in new clean energy capacity rose 1% last year to $282.2 billion, research by UNEP, Bloomberg New Energy Finance and the Frankfurt School-UNEP Collaborating Centre shows.
World's financial firms risk $1 trillion in losses if slow to act on climate change: Report
The world's financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate change and is hit by policy shifts such as the introduction of a carbon tax, a new report shows.
What's at stake at this year's U.N. climate talks?
Representatives from nearly 200 countries meet in Madrid from Dec. 2-13 to flesh out rules for implementing the landmark Paris Agreement on climate change.
Under pressure: Governments urged to energize climate talks
Governments face a struggle at a United Nations summit in Spain next week to inject momentum into efforts to curb global warming, dogged by lack of consensus, U.S. scepticism and disruptive protests demanding more action.
US insurer Chubb pulls back from coal
Chubb Ltd will become the first U.S. insurer to phase out its coal investments and insurance policies, saying on Monday it will no longer sell insurance to or invest in companies that make more than 30% of their revenue from coal mining.