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The paper giant is aiming to rein in its massive carbon footprint in line with the Indonesian government's own net-zero target. Environmentalists fret that the company's aim to triple production and its continued operation on carbon-rich peatlands contradict its decarbonisation goals.
About 195 countries were set to finalise an accord to safeguard plants, animals and ecosystems at the UN talks, known as COP15, which had been due to start late last month in the Chinese city of Kunming.
The 2°C global warming scenario is gloomy, but a 1.5°C increase isn't much better. Life for billions of people in the region is still going to get worse, according to the latest studies.
Over the past decade, Japan and South Korea have increasingly turned to burning wood pellets for energy, leaning on a UN loophole that dubs biomass burning as carbon neutral.
Russian President Vladimir Putin’s war against Ukraine is intensifying the economic, social, and geopolitical pressures countries face, casting a shadow on efforts to address the shared challenge of climate change.
By
Bertrand Badré and
Gilles Moëc
As the dust settles following Glasgow’s climate summit, the Philippines needs to take some immediate steps this year so it can achieve ambitious decarbonisation goals.
By
Hannah Alcoseba Fernandez
In the context of climate change, initiatives towards reducing methane emissions have often been side-lined, so why is it that methane is now taking the centre stage?
By
Arabesque
The summit could stoke a collective sense that finally – after decades of negotiations – this is the pivotal year for climate.
By
Claire Healy and
Daniela Schulman
It is no longer business as usual when it comes to how we tackle climate change and rising global temperatures. Eco-Business speaks to Elena Philipova of Refinitiv about how data can ensure countries and businesses are delivering on pledges to decarbonise.
Eco-Business talks to Peter Kiernan, lead energy analyst for the Economist Intelligence Unit, to unpack a new landmark report from the International Energy Agency, which proposes an immediate ban on fossil fuels extraction to curb global warming.
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The world's largest asset manager says it has put sustainability at the core of its investment approach. Eco-Business speaks to Shinbo Won, BlackRock's investment stewardship director in Singapore about what this means for investors, and how companies are responding to increased ESG pressure.