COP26 Climate Agreement Targets Fossil Fuels as Key Driver of Global Warming November 15, 2021 By Valerie Volcovici, Kate Abnett and William James GLASGOW – U.N. climate talks ended Saturday with a deal that for the first time targeted fossil fuels as the...
Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock November 15, 2021 By Simon Jessop and Ross Kerber GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the...
Draft COP26 Climate Deal Tries to Balance Demands of Developing and Richer Nations November 12, 2021 By Kate Abnett, Elizabeth Piper and Simon Jessop GLASGOW – A new draft agreement for the U.N. climate conference in Glasgow on Friday presses countries to be more...
Allianz, European Investment Bank Back €500M Public-Private Climate Fund November 8, 2021 By Simon Jessop GLASGOW – The European Investment Bank and Allianz Global Investors said on Monday they plan to raise 500 million euros...
Business Execs Optimistic COP26 Will Bring Changes Needed to Tackle Climate Change November 8, 2021 By Ross Kerber and Simon Jessop A week into the United Nations’ high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the...
Louisiana Governor Addresses Climate Change Challenges at COP26 November 8, 2021 By Melinda Deslatte With his trip to an international climate change conference, Gov. John Bel Edwards acknowledged Louisiana’s obvious front-row seat to the...
COP26 Coal Pledge Falls Short on Support From Big User Countries as Emissions Surge November 5, 2021 By Kate Abnett and Elizabeth Piper GLASGOW – A pledge to phase out coal gained the support of 23 more countries at the U.N. climate conference...
Climate-Fueled Disasters Spur UN Plan to Fund Weather Forecasting in Vulnerable Nations November 4, 2021 By Andrea Januta and Kanupriya Kapoor GLASGOW – As climate change triggers deadly heatwaves, droughts and floods, three U.N. agencies on Wednesday rolled out funding plans...
Coal in Crosshairs as UN Climate Summit Brings Raft of Clean Energy Pledges November 4, 2021 By Kate Abnett and Simon Jessop GLASGOW – Government representatives at the U.N. climate conference in Glasgow on Thursday will turn their focus to tackling the...
Banks, Asset Managers, Representing 40% of World’s Assets, Vow to Meet Climate Goals November 3, 2021 By Tom Metcalf and Alex Morales Banks and asset managers representing 40% of the world’s financial assets have now pledged to meet the goals set out...