Thirty-six international banks, including Japanese and Singapore funders, are closer to following the trajectory of the International Maritime Organization’s emissions goal, found a report by the Poseidon Principles.
The latest Global Environment Outlook report emphasised the need to invest against the trillion-dollar losses from climate change, biodiversity loss and land degradation. This includes overhauling fossil fuel subsidies and pricing in pollution.
Studio EB
AI is reshaping how buildings are run, from cooling systems to construction planning. Yet experts warn that the technology’s heavy electricity demand could undermine sustainability gains.