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Asia

North America

Environment

South Africa: G20 Summit outcome renews commitment towards multilateralism

Cyril Ramaphosa, the South African president, said that Sunday's Leaders' Declaration of this weekend's Group of 20 Summit reflected "a renewed commitment to multilateral co-operation". Ramaphosa was the host of the Johannesburg Summit and pushed the declaration through despite the objections of the United States which boycotted this event. Ramaphosa, who addressed the summit's final ceremony, said that the declaration demonstrated the world leaders' "shared objectives outweighed our differences". Donald Trump, the U.S. president, boycotted the summit on November 22-23 because of the allegations that have been widely discredited - the government in the country with a Black majority persecutes...

Pollution

Tunisians intensify protests against Saied and demand return to democracy

On Saturday, thousands of Tunisians marched through the capital in protest of "injustice" and "repression". They accused President Kais Said of consolidating his one-man regime by using the judiciary. This protest is part of a wave which has been sweeping Tunisia, affecting journalists, doctors and banks, as well as public transport systems. The closure of an environmental-friendly chemical plant was also demanded by thousands. They wore black to show their anger and sorrow over the transformation of Tunisia into "an open-air prison". The protesters held banners that read "Enough of repression", and "No terror, no fear, the streets are the...

Climate Change

Four people are seriously injured after a grizzly attack on a school group in British Columbia

On Thursday, a grizzly attacked a group of schoolchildren and an adult on a British Columbia walking trail. Three children were seriously injured. On Friday, officers were still looking for the animal. The attack took place in Bella Coola, a town on the central coast of Canada’s westernmost province. Residents have been asked to stay indoors until further notice. B.C. Conservation Officer Service posted a Facebook statement saying that despite overnight efforts, the bear had not been captured. According to a statement, the students and teachers were stopped on a trail near a river when the grizzly emerged from the...

Environment

Glass Lewis considers US investment advisor registration to ease criticism

Glass Lewis' top executive has said that the company may register as an investment adviser in the United States. This would expose it to greater regulation, but could also help ease criticisms from Republican politicians and corporate executives over its proxy voting advice. Glass Lewis Chief Strategist Cheryl Gustitus said in an interview with The Washington Post on Friday that "we're seriously considering registering as an investment advisor" at the Securities and Exchange Commission. Gustitus didn't give a time frame for when the company owned by Canada’s Peloton Capital Management, and its Chairman Stephen Smith might make a final decision....

Environment

Andy Home: Aluminum scrap is the new front in the war on critical minerals.

The competition for essential minerals has now reached the lowest part of the metal supply chain. Maros SEFCIOVIC, EU Trade chief, says that aluminium scrap is a strategic commodity. Over a million tons of aluminium scrap is exported from the EU every year. Sefcovic, the European Commission's Director of Communications and Public Affairs, described this as "a measure that is balanced" in order to keep more recyclable materials in Europe. The industry association European Aluminium blames the United States for the price differential created by the country's import duties, which is causing more European scraps to be exported to the...

Climate Change

Two tourists reported dead after being lost in a snowstorm in Patagonian Chile

Media reports said that rescue workers searched on Tuesday for a group who had gone missing during a powerful storm in Torres del Paine National Park in Chile, located in southern Patagonia. The storm killed at least 2 Mexicans. According to T13, one of the victims died after she was evacuated. Guillermo Ruiz is the delegate of the president for Chile's southern Ultima Esperanza Province. He told T13 the first responders are still searching for seven people but bad weather has complicated the search. The tourists are lost in the Los Perros camp of the national park, Ruiz stated. It...

Carbon Emissions

Focus on wildfire prevention at COP30 amid record destruction

Wildfires caused the largest tropical forest losses in 2024 Global warming is expected to worsen destruction Communities put in the center of fire prevention at COP30 By Andre Cabette Fabio The government agencies responsible for the environment and forests in Ecuador, Peru Ghana and Kenya, along with more than 30 environmental and indigenous groups from around the world, signed an agreement that will secure $100 million by 2030. The pledge will initially focus on the Amazon Basin - the largest tropical forest in the world, which is located mostly in Brazil. Fires are raging in forests that were not likely...

Carbon Emissions

German Finance Minister in China: EU will protect its markets if necessary

German Finance Minister Lars Klingbeil spoke about overcapacity on China during his Tuesday visit to Beijing. He also stressed that if no solution is found, the European Union will act. Klingbeil stated: "I made it very clear that, in the event of a need, decisions would be taken at the European level, to better protect our market." "I would like to avoid this, but at the end of the day, Europeans - and we Germans - must not be left behind." Klingbeil's second day in China saw him attend the Party Dialogue, where he discussed the war in Ukraine, German-Chinese...

Climate Change

US announces new approach to proxy disputes, seen by activist shareholders as a blow

On Monday, the top U.S. financial regulatory body changed the grounds for which companies can request permission to skip voting on shareholder resolutions. This is seen as making things more difficult for activists who want to force votes about controversial topics like climate change or workplace diversity. The Securities and Exchange Commission announced on its website that it will no longer rule on common proxy objections such as whether or not an activist's request was filed late, or if the filer owns enough shares. The SEC stated that there is an exception if a company claims jurisdictional reasons, such as...

Environment

Environmental group: Tyson Foods will stop making carbon emission claims

Tyson Foods agreed to cease claiming it would reach zero greenhouse gas emissions by the year 2050, and to stop marketing beef as climate-friendly in order to settle a suit that accused the U.S. Meat Company of misleading consumers. The nonprofit Environmental Working Group announced this on Monday. The Environmental Working Group reported on Monday that companies have been accused of "greenwashing," where they present an image of environmental responsibility to the public. In the lawsuit filed by Environmental Working Group, Tyson's Brazen Beef brand was cited as an example of misleading advertising. The company claimed that this was the...

Climate Change

USDA targeted grants for cancellation by searching for terms such as 'diversity' and 'climate modelling'

Documents seen by have revealed that the U.S. Department of Agriculture asked its staff to search for over two dozen words and phrases relating to climate change and diversity in order to determine which grants could be terminated during the first months of the second Trump Administration. This effort was part of a broader campaign among federal agencies in order to comply with President Donald Trump’s directives that diversity, equity and inclusivity efforts and climate regulations be eliminated within the federal government. Trump called DEI "racist", "illegal", and pressured private institutions like universities to end diversity practices. Climate change has...

Climate Change

USDA targeted grants for cancellation by searching for terms such as 'diversity' and 'climate modelling'

Documents seen by have revealed that the U.S. Department of Agriculture asked its staff to search for over two dozen words and phrases relating to climate change and diversity in order to determine which grants could be terminated during the first months of the second Trump Administration. This effort was part of a broader campaign among federal agencies in order to comply with President Donald Trump’s directives that diversity, equity, and inclusion efforts as well as climate regulation be eliminated within the federal government. Trump called DEI a "racist" practice and said it was "illegal". He also pressed private institutions...

Europe

Climate Change

Erdogan praises a'meaningful deal' with Australia regarding hosting the COP31 Summit

The Turkish president Tayyip Erdoan praised the deal that was reached on Saturday with Australia to host the U.N. Climate Summit next year, calling it a significant achievement for multilateralism. After a long standoff, both countries have agreed that Turkey will be the host of the COP31 Summit in 2026 and Australia will lead the negotiations. Ankara, Canberra and both had bid to host the conference in 2022 and refused to back down since. Erdogan said at an event on Saturday night in Johannesburg, "Considering that multilateralism in recent years has lost ground, I consider this agreement we reached with...

Environment

G20 leaders gather in South Africa to seek agreement despite US boycott

The leaders of the Group of 20 largest economies gathered in South Africa for a summit boycotted by the United States on Saturday. They were seeking a deal over a draft statement drafted without U.S. involvement in a surprising move described by a senior White House Official as "shameful". G20 envoys agreed on a draft declaration of leaders ahead of the weekend's summit in Johannesburg. Several of the main agenda items will be about climate change. Four sources with knowledge of the matter told us on Friday that this draft was drafted without U.S. consent. One of these sources confirmed...

Carbon Emissions

New technology could help COP30 achieve its Amazon rainforest conservation goals

COP30 talks on climate change will focus on protecting forests Amazon is using technology to protect the environment A project that uses drones and AI to restore degraded forest Clar NiChonghaile & Rosalind Thacker The mangrove trees, which resemble upside-down tree branches and extend into the waters to provide habitat for crabs and fish, are under threat. Two years ago (coastal erosion destroyed the homes of 15 residents living here on the coast). "It was very strong," Patricia Farias Ribeiro said, a local resident. Researchers are responding by using sensors that cost little to nothing to measure air temperature, rainfall,...

Western Europe

South America

Climate Change

Brazil's Lula claims that'multilateralism wins' despite Trump's opposition

Brazil's president Luiz inacio Lula da Silva said that the G20 climate summit in South Africa, and the COP30 summit in Brazil, show that multilateralism remains alive despite attempts by U.S. Donald Trump to dismantle. "Trump is trying to preach against multilateralism and to reinforce unilateralism. "I think multilateralism is going to win," he said to reporters at the Group of 20 summit in Johannesburg. Lula said that Trump's absence from the summit "didn't really matter" to him. "The G20 is still strong." "We need to put the decisions we made into action," he said. He added that he was...

Environment

The EU objectors to the proposed deal prolong the COP30 discussions

Brazil's COP30 summit was forced to face a crucial day on Saturday after all-night discussions to break an impasse. The European Union had blocked a deal that it felt would not advance efforts to curb greenhouse gases, which are driving global climate changes. The two-week climate conference, billed as an opportunity to demonstrate that nations could still unite to combat climate change in the absence of the United States, was supposed to end on Friday. However the standoff forced the negotiators to work overtime. The Brazilian presidency tried to reach a compromise over a deal which most of the 200...

Fossil Fuels

The EU objectors to the proposed deal prolong the COP30 discussions

Brazil's COP30 Climate Summit faced a crunch-day on Saturday, after all night talks to overcome an impass after the European Union had blocked a deal it claimed would not advance efforts to curb greenhouse gases that are driving global climate changes. The two-week climate conference, billed as an opportunity to demonstrate that nations could still unite to combat climate change in the absence of the United States, was supposed to end on Friday. However the standoff forced the negotiators to work overtime. The Brazilian presidency tried to reach a compromise over a deal which most of the 200 countries attending...

Pollution

Draft COP30 deal drops effort for fossil fuel transition agreement

Brazil, the COP30 summit's president, released a draft of a proposed agreement for this year’s U.N. Climate Summit early on Friday. It dropped a proposal that was included in a previous version to develop a plan to move away from fossil-fuels. This issue was one of the most controversial at the two week conference in the Brazilian Amazon city of Belem, attended by nearly 200 government officials. The nations have been arguing over the future for fossil fuels. Their burning releases greenhouse gases, which are the biggest contributors to global warming. The first draft of the deal, which was released...

Environment

Belem in Brazil, the host city of COP30, is trying to boost its economy and preserve Amazon rainforest.

Brazil's economic model is designed to benefit locals from a healthy forest. It was developed on the banks of Guama River, where the city Belem borders the Amazon rainforest. The state government of Para, instead of clearing trees to make way for mines and cattle, unveiled this year a research-and-development program that will help locals turn forest products such as acai or Brazil nuts into goods destined for international markets. The program is a part of a larger plan to demonstrate to the world, in Belem, the host city for the COP30 climate summit, that Brazil can protect the Amazon...

Environment

Fire interrupts negotiations at COP30 Climate Summit, forcing evacuation

Officials said that the fire which forced the evacuation of the COP30 Climate Summit in Belem, Brazil, on Thursday has been put out. However, it is unclear whether delegates will return immediately to continue the negotiations. The Brazilian tourism minister informed reporters on the scene that the fire had been put out and that no one had been injured. However, he was unsure if delegates could return to the area of the venue in which the summit negotiations took place today or tomorrow. The summit organizers confirmed that the fire had been brought under control and added that Brazilian fire...

Carbon Emissions

Brazil's Lula presses COP30 negotiators to reach an early climate agreement

Brazil's President was scheduled to meet with key negotiators on Wednesday at the COP30 Summit as part of a push to reach a deal before schedule on some the most controversial issues in the global talks on climate change, including fossil fuels. Nearly 200 countries have gathered in the Amazonian city of Belem for a two-week U.N. Summit to increase multilateral action on climate change. The United States was absent, but the United States is the largest emitter of greenhouse gases. Brazil, the host country, hopes to break the trend of recent climate summits that have run past their deadlines...

Environment

Launch of UN-backed carbon markets could be delayed by funding issues

Five sources said that plans to launch a U.N. supported global market to trade carbon offset credits hit a snag during the COP30 Summit, as governments struggled to resolve a disagreement over funding in order to get the market running. The U.N. has been trying to create a global carbon market since the early 2000s. At last year's climate summit, rules were agreed on for a U.N. centralised trading system that allows countries and companies to buy CO2 emission credits which represent emissions reductions from poorer countries. It is intended to allow richer countries and companies to count these emission...

Environment

Jamaica asks for $9.5 billion to rebuild after Melissa

Jamaica has spent many years building up a fund to deal with climate-driven disasters. The money was only enough to cover 5% of a storm's cost. Matthew Samuda, Jamaican cabinet Minister, said that Hurricane Melissa left the island with bills of $10 billion. Of this amount only $500 million could be covered by climate-preparation reserve funds. Jamaica has asked wealthy nations to offer urgent grants, investments and concessional financing at the COP30 Climate Summit in Belem. It does not want commercial rate loans, which would burden the country with additional debt, as it faces an uncertain future that is expected...

Energy Markets

Brazil's slow shuffle climate negotiations at COP30 turns into a sprint

Brazil hopes to reach an early agreement at the COP30 Climate Summit on some of its most controversial issues after revealing a bold strategy of negotiation that kept delegates working until the wee hours of Tuesday morning. The two-week Belem summit, which took place in the Amazonian city, brought governments from around the world together to reinforce the U.N. framework for global action that aims to stop rising temperatures and deal with their damage. Brazil, the host nation, wants to reach a deal in two phases: one on Wednesday that includes items that were too difficult a week earlier to...

Carbon Emissions

Demand for carbon credits is fueled by the Big Tech industry

The demand from tech giants for high-quality credits to offset their AI emissions is fueling a shortage, which experts say is what's needed to stimulate investment in this nascent industry. Credits tied to forest preservation projects will be nearly four times as expensive in 2024 due to heavy purchases by companies such as Microsoft and Google over the past two years. Credit experts report that Big Tech collectively has spent hundreds of millions on carbon removals which capture and store CO2 for an extended time, a large portion of this in the past two years. According to CDR.fyi, the total...

Climate Change

Can COP30 help frontline resilience in the face of more heat and storms?

COP30 discusses how to measure climate adaptation and pay for it Farmers say that they are not receiving enough climate funding Extreme weather events are increasing and requiring more funding for adaptation. Clar NiChonghaile This kind of climate change is not uncommon in Parana, where the summers are now hotter and the winters colder. Droughts have also become more frequent. Six people were killed by a tornado that struck Rio Bonito do Iguacu, Parana on November 7. Bevilacqua Mendonca (35), wants COP30 to do more for smallholder farmers to adapt to extreme weather by providing them with funds to access...