IMF climate strategy faces scrutiny over decarbonisation advice, lending design
The International Monetary Fund (IMF)’s climate work has helped countries integrate transition risks into economic policy, but its decarbonisation advice and lending framework need sharper tailoring as members weigh carbon pricing, fiscal constraints, and green investment needs, according to a new independent evaluation.
Read More€13-trillion investor group urges EU leaders to shield ETS from pressure to weaken price
Institutional investors managing more than €13 trillion in assets have urged EU leaders to resist pressure to dilute the bloc’s carbon market as governments prepare a politically sensitive review of the EU Emissions Trading System (ETS) next month.
Read MoreWorld’s largest banks raised fossil fuel lending by 8% in 2025 -report
The world’s largest banks, led by US-based institutions, have increased their fossil fuel lending last year – up nearly 8% on 2024 levels – to reach a huge $906 billion, in the latest sign yet that financiers are failing to make decisions compatible with global agreement to rein in temperature rise.
Read MoreBrussels urges “electricity revolution” to cut EU fossil fuel dependence
The European Union must launch an “electricity revolution” to slash fossil fuel imports and turn Europe into “the first electric continent”, the European Commission’s new top energy official said on Wednesday, ahead of an EU‑wide electrification action plan due on July 15.
Read MoreTech giant opens carbon credit service to qualified UK companies seeking to cut climate impact
Tech giant expands access to its carbon credit service to qualified companies in the UK, offering businesses a new way to invest in ‘high-quality’ offsets as part of their broader decarbonisation strategies.
Read MoreScientists blur line between evidence and advocacy in net zero policy advice, review finds
Policy recommendations accompanying academic research on net zero and climate mitigation frequently drift beyond the evidence presented and often resemble advocacy rather than neutral scientific guidance, according to a new systematic review.
Read MoreSustainability professionals not overly concerned by AI’s environmental impact -report
About 60% of sustainability teams would like to ramp up their use of artificial intelligence in the coming year, with accuracy concerns posing a more significant deterrent than the environmental impacts of increased demand for water and energy, according to a report published on Tuesday.
Read MoreFrance opens final consultation on 2050 carbon neutrality roadmap, targets summer adoption
France has opened the final public consultation on the third version of its national low-carbon strategy (SNBC 3), giving stakeholders one month to comment before the climate roadmap is adopted by decree this summer.
Read MoreStrong ETS “indispensable” for Europe, says banking federation
A strong and predictable EU Emissions Trading System (ETS) is essential to achieve Europe’s climate targets and support investment, the European Banking Federation (EBF) said in a public statement Tuesday.
Read MoreJapanese corporate seeks partners to develop direct ocean carbon capture tech
A Japanese corporate giant is seeking more partners to pioneer direct ocean capture (DOC), after announcing it was developing a pilot plant following two years of research by an institute in Finland.
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