The world’s biggest climate summit will open next week without one of its most powerful players.…
Tag: Brazil
Google Deal Makes Amazon Reforestation Its Leading Source of Carbon Removal Credits
Google has agreed to finance restoration of the Amazon rainforest in its biggest deal yet for…
COP30: Defining How to Measure Progress on Climate Adaptation
As world leaders prepare to gather in Belém, Brazil, for COP30, negotiators aim to finalise a…
COP30: Presidencies Outline US$1.3tn Climate Finance Blueprint
Azerbaijan and Brazil, the presidencies of COP29 and COP30, have launched a bold plan to mobilise…
Brazil’s Lula Calls for ‘COP of Truth’ as UN Sounds Alarm on Rising Emissions
With a U.N. report warning that worldwide carbon emissions remain too high to halt global warming,…
MUFG-Backed Green Loan Fund Attracts $600m
A climate finance platform co-founded by MUFG, Japan’s biggest financial group, has raised an initial $600…
EU Races to Finalise New Climate Target Ahead of COP30
EU climate ministers will make a last-ditch attempt to pass a new climate change target on…
White House: No U.S. Officials Will Attend COP30 Climate Talks
The U.S. will not send any high-level officials to the upcoming COP30 climate summit in Brazil,…
Petrobras Launches $75 Million Harpia Supercomputer to Drive Exploration Efficiency
Petrobras has commissioned the Harpia supercomputer, a R$435 million ($75 million) high-performance computing system designed to…
Development Banks’ Climate Finance Hit Record $137 Billion in 2024
Multilateral development banks provided a record $137 billion in climate finance in 2024, up 10 per…