Analysis of falling demand for electricity within the EU sends a stark warning to investors in new coal plants that their assets could be left stranded.
With more than 600 million people in sub-Saharan Africa still lacking access to electricity, the continent is being urged to take a leading role in crucial climate negotiations.
An eminent group is urging governments to make the massive research investment that would enable the world to switch from fossil fuels to renewable energy by 2025.
Trillions of dollars need to be redirected into building low-carbon economies to avoid serious climate change, the U.N. warns.
Many developing countries are already suffering the impacts of climate change, but a special fund to help them adapt to a warming world has been bolstered by promises of billions of dollars from wealthier nations.
Days after his historic carbon pollution deal with China, Barack Obama is set to announce a substantial pledge from the U.S. over the next four years to help poor countries invest in clean energy and cope with the hazards of a destabilizing environment, administration sources said.
Warnings within the world of high finance are coming thick and fast that the increasingly urgent need to combat climate change means investors could lose heavily by sinking funds into coal, oil and gas.
As a major U.N. climate summit got underway in New York on Tuesday, some of the world’s biggest institutional investors demanded clearer policies on climate change and the phasing out of fossil fuel subsidies.
Powerful voices in finance and the armed forces are warning of risks of increasingly extreme weather events causing billions of dollars of damage and potentially igniting humanitarian disasters and regional conflicts.
The advances of science and the rapid changes in the economy are leaving the U.S. corporate world far behind, say researchers, who warn that the sector must change urgently.