The aim is to fulfill the Paris treaty’s goal of limiting warming to no more than 2° C. above pre-industrial levels.
The European Union's investment bank and nonprofit lending arm put forward a climate-oriented proposal that would prevent it from providing any new financing for fossil fuel-based power projects.
Though the policy it proposed on Friday has yet to be approved, the more than 60-year-0ld European Investment Bank is sending a strong signal to policy-makers, energy markets and suppliers.
Urgent early warning systems and urban heat protections are needed with extreme heat events becoming more frequent.
A new report from the U.N. weather agency shows Asia has been heating up nearly twice as fast as the global average.
Much of the financial angst this year was caused by the absence and impending withdrawal of the United States.
The head of the International Peace Institute praised the treaty negotiators for their 'amazing' critical problem-solving.
Urgent early warning systems and urban heat protections are needed with extreme heat events becoming more frequent.
The reduction in support and services it can deliver is expected to drop to about $50 billion across the U.N. system.
The summit was dominated by U.S. President Donald Trump's first appearance at the world's largest alliance since 2019.
A new report from the U.N. weather agency shows Asia has been heating up nearly twice as fast as the global average.
