In this critical year for climate action, more than 800 companies have committed to set science-based targets to reduce their greenhouse gas emissions in line with the Paris Agreement. This is a hopeful sign, but not enough. Financial institutions are the vital link to enable the system-wide change we need.
Climate, Energy & Transport
On the road from coal to renewable energy, China has a complex challenge to face: it must satisfy rising energy demand while reducing carbon emissions and sustainably managing water use without hobbling the power and agriculture sectors or the overall economy. Water stress adds to the challenge, because 66.5% of China's coal-fired power plants are in areas where water is scarce.
To prevent the most dangerous impacts of climate change, greenhouse gas emissions will have to reach net zero by 2050. That will require both deep cuts in emissions and the removal of remaining emissions directly from the atmosphere. Making that happen will take concerted U.S. innovation akin to a moonshot. In this case, it's a CarbonShot.
American cities, states and businesses have already come a long way on the road to cutting greenhouse gas emissions. Here are four clean energy trends to watch in the coming year in cities in the U.S.
As we approach the Year of the Rat and begin a new 12-year cycle of the Chinese zodiac, three profound challenges face the world: how to build a more stable and efficient trading system, tackle climate change and protect biodiversity. China has a pivotal role to play in all three.
With global greenhouse gases on track to rise — again — to their highest level in history, there's increasing interest in removing carbon dioxide from the atmosphere. In just a year, carbon removal has gone from being seen as a "radical fix" to a necessary tool to address the climate crisis.
The blunt truth about COP25, the international climate summit in Madrid, is that countries failed to make the progress needed toward meeting the goals of the Paris Agreement.
Today in Madrid, 51 finance ministries re-committed to fighting climate change together through the Coalition of Finance Ministers for Climate Action. Read on for a statement from Leo Martinez-Diaz, Global Director, Finance Center, World Resources Institute.
Global carbon dioxide emissions from fossil fuels are on track to climb to yet another record high this year, according to a new report from the Global Carbon Project, putting the world at risk of catastrophic climate change due to these heat-trapping gases.
With the COP25 UN Climate Conference in Madrid just days away, there are encouraging signs that a number of countries are ready to enhance their climate commitments next year as envisioned in the Paris Agreement. But will this be enough to put us on the path to a 1.5 degree C world? WRI's 2020 NDC Tracker offers the current state of play.