U.S. regional banks are filling the lending gap for oil, gas, and coal companies left by European lenders amid climate concerns, with banks like Citizens Financial Group Inc., BOK Financial Corp., and Truist Securities Inc. increasing fossil-fuel loans.
climate change
Biden's administration allocates $830 million to safeguard American infrastructure against climate-driven extreme weather, supporting 80 projects nationwide as part of the Bipartisan Infrastructure Law.
South Korea has committed to providing 420 trillion won ($313.4 billion) in policy loans to finance projects that will help the country meet its climate goals.
The US SEC has reportedly junked some of the most demanding greenhouse gas emissions disclosure requirements from corporate climate risk rules it is readying to implement.
Scientists are now protecting their research regarding climate change and the surprise winning of Trump had them ignited on climate change.
A chunk of ice said to be the size of India has disappeared from the polar regions due to the exceptional warmth recorded this year. The report further calls for the growing concern on the worsening case of climate change.
The Green Climate Fund, a financial mechanism to support projects related to climate change, has been severely underfunded despite large donations from various wealthy nations. The problem has hindered the organization from successfully implementing its projects.
Really focusing on the alarming effects of climate change, Paris climate deal tends to be a law.
It is proven that clean air improves our health and lengthens our average lifespan but a new study has found that places with low-carbon air can help improve economic growth and increase jobs and skill levels.
The president of the United States made a five-minutes speech about the agreement. The deal talked about the climate change. It urged the nations to take precautionary measures to save and delay the effects of climate change.
Zika has appeared as a nightmare to many Latin American countries. The number of Zika infected has reached 4 million landmarks since reporting of the first case just eight months earlier. Absence of proper vaccine has made the situation much more terrible. Recently, scientists have escalated the fears revealing climate change may also contribute to the spread of Zika and other mosquito borne diseases.
A new ADB report has shared data that shows that the Southeast Asian region is among the top greenhouse gas emitters in the world. The report recommended efficiency and reduction of carbon-based fuel to help reduce emissions.
Alberta Premier Rachel Notley said Sunday that the New Democratic Party will limit oil-sands emissions, discontinue coal power plants, and create an economy-wide carbon price as part of a strategy to reduce pollution in Canada's most polluting province.
Social media is not just a communicating platform for local people but also for world-known celebrities and public figures who consistently post their thoughts over certain arguments. On Monday, White house launched a personal facebook account for Barack Obama to use in order to communicate his message over climate change through nontraditional channels, as reported by Reuters.
The global effect of climate change is devastating, prompting countries and giant companies to take action in addressing the changes in climate. On Wednesday, nine major companies are expected to take part in a global coalition of firms intent on transitioning to renewable energy. New members include Johnson & Johnson, Procter & Gamble, Starbucks, Walmart, and Goldman Sachs. Couples of companies had already reached the target of 100% while others do not expect to do so for several decades but are generally setting assertive interval targets, according to The New York Times.
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