Carbon dioxide removal requires an evolved financial architecture for scalability, enabling significant investment to meet global climate goals.
Ahead of the November election, the US awards $6bn to CO2 reduction projects in key battleground states
The Biden Administration unveiled $6 billion funding for 33 industrial projects in 20 states, aiming to cut emissions and create jobs. Key projects include decarbonizing steel production and manufacturing materials to reduce emissions. This initiative aligns with President Biden’s re-election campaign, focusing on job creation and climate action.
WMO warns of alarming greenhouse gas levels ahead of COP28
The WMO warns greenhouse gas levels are at record highs, leading to increased extreme weather and climate challenges.
The European Commission targets underground carbon capture and storage
The European Commission wants to accelerate carbon capture and storage.
Four South Asian cities show the way for collaborative, low-emission development
The creation of Urban Low Emissions Development Strategies in cities in Bangladesh and India shows the value of sharing knowledge and insights at the local level.
EU’s carbon price surging towards an all-time high
It is becoming more expensive for companies to pollute in the EU.
Explainer: Putting the fossil fuel industry into reverse
The fossil fuel’s industry in decarbonisation.
Oil companies queue up for US carbon capture projects
Oil companies eye CCS projects.
Opinion: The huge impact of private jets
The carbon problem of private jets.
Viewpoint: Forty-three years of the environmental movement
43 years of the environmental movement.