The ECB is warning climate change costs could be 5x the cost of transition. As climate risk goes mainstream, could investor concern drive climate action as international diplomacy struggles to reach agreement?
As the world's largest carbon emitter, home to 1.4 billion people and a still-expanding economy, China's strategy for cutting emissions could be the most important factor in whether countries are able to prevent irreversible and catastrophic damage to the Earth.
Pressure keeps building on increasingly anxious world leaders to ratchet up efforts to fight climate change. There's more of it coming this week in one of the highest-profile forums of all — the United Nations.
China will ramp up its efforts to phase out single-use plastics, boost recycling and promote alternatives to plastic in the next five years in a bid to curb pollution and meet the country's carbon neutrality targets.
An unintended consequence of more stringent regulations on pollution globally is how firms relocate production to places with looser environmental regulations – a phenomenon known as the pollution haven hypothesis.
Alok Sharma, Britain's president-designate for the 26th United Nations Climate Change Conference, or COP26, arrived in China on Sunday for a three-day visit to talk about Beijing enhancing its emissions goals ahead of the summit in Glasgow in November.
China and the US have expressed willingness to cooperate and strengthen dialogue when it comes to tackling climate change. US climate envoy John Kerry is on a visit to China for talks on how to deal with global warming.
A newly formed coalition of solar companies is warning that "exploitative" Chinese trade practices could endanger U.S. clean energy goals, raising alarm bells among industry advocates even as the Biden administration has pledged to boost solar power.