BRIEFING: Energy transition remains “unstoppable” despite US pullback, UN chief says
The energy transition is “unstoppable” despite US President Donald Trump’s decision to quit the Paris Agreement and roll back on environmental policies, the UN climate chief said in Davos on Tuesday.
Read MoreMajor economies defend Just Energy Transition Partnerships (JETPs) in joint statement
Major economies published a joint article to defend the importance of Just Energy Transition Partnerships (JETPs) on Tuesday, and to reaffirm their commitment to raising climate finance.
Read MoreFEATURE: EU may lose out on US LNG imports under Trump, prompting a rethink
LNG trade may cease to be a bargaining chip in relations between Brussels and Washington under the next Trump administration, forcing the EU to rethink its energy transition plans for the coming years, according to experts.
Read MoreFEATURE: As US investors quit climate alliances, attention turns to shareholders
US financial institutions say they will stick with their climate commitments despite quitting international net-zero alliances — but the loss of oversight and transparency provided by the alliances puts more pressure on policymakers and shareholders to ensure that promises are fulfilled.
Read MoreEx-Polish minister proposes massive EU fund to sustain clean industries
The EU should create a new fund to stave off the existential threat of Chinese and American competition while moving closer to the bloc’s climate neutrality objectives, according to former Polish Climate Minister Marcin Korolec.
Read MoreWEF calls for hybrid approach of unilateral, multilateral schemes towards global carbon pricing
Global carbon pricing measures must strike the right balance between unilateral and multilateral measures to be fair and effective, and encourage incremental progress, analysis from the World Economic Forum (WEF) published Tuesday said.
Read MoreWTO greenlights EU plans to phase out biofuels, recognises Indonesia’s concerns
The EU’s plan to phase out palm oil and crop-based biofuels is compatible with international market rules, but implementation has to improve, the World Trade Organization (WTO) has established, ruling on a five-year-old Indonesian dispute.
Read MoreLATAM Roundup: Southern neighbours press on with green transition amid US inauguration, RenovaBio market tightens
With the US presidential inauguration just one week away, heralding the return of former President Donald Trump, Latin American strides forward on carbon markets and energy transition contrast with the predicted pall over US climate policy.
Read More2024 declared warmest year on record, first time global temperatures exceed 1.5C
Last year was confirmed by multiple scientific agencies on Friday as the warmest year on record and the first calendar year that average global temperatures have exceeded 1.5C above pre-industrial levels.
Read MoreINTERVIEW: German industry laments climate policy paralysis as CBAM fees approach
As Europe prepares for the rollout of new carbon regulations, Germany’s industrial sector faces mounting uncertainty due to delays in implementing climate policies.
Read More