Swiss glaciers lose 10% of volume in worst two years on record

Swiss glaciers lose 10% of volume in worst two years on record

[1/2]The Belvedere hotel is pictured near the Rhone glacier, amid climate change, in Obergoms, Switzerland, September 26, 2023. REUTERS/Denis Balibouse Acquire Licensing Rights ZURICH, Sept 28 (Reuters) – Switzerland’s glaciers suffered their second worst melt rate this year after record 2022 losses, shrinking their overall volume by 10% in the last two years, monitoring body … Read more

Antarctic winter sea ice hits ‘extreme’ record low

Antarctic winter sea ice hits ‘extreme’ record low

Sept 25 (Reuters) – Sea ice that packs the ocean around Antarctica hit record low levels this winter, the U.S. National Snow and Ice Data Center (NSIDC) said on Monday, adding to scientists’ fears that the impact of climate change at the southern pole is ramping up. Researchers warn the shift can have dire consequences … Read more

Western rival to Belt and Road has much to prove

Western rival to Belt and Road has much to prove

LONDON, Sept 25 (Reuters Breakingviews) – Western countries have a window of opportunity to come up with a credible infrastructure plan for the developing world. China’s $1 trillion Belt and Road Initiative is drowning in bad debts and may be about to lose Italy, the only big rich democracy which is a member. The People’s … Read more

Ryanair says EU minimum pricing on flights ‘politically impossible’

Ryanair says EU minimum pricing on flights ‘politically impossible’

Employees work on a Ryanair plane preparing to take off at the Rosalia De Castro airport in Santiago de Compostela, Spain June 24, 2022. REUTERS/Nacho Doce/File Photo Acquire Licensing Rights DUBLIN, Sept 21 (Reuters) – Ryanair (RYA.I) said on Thursday it did not see a risk of the European Union introducing minimum prices or compulsory … Read more

Sunak delays UK petrol car ban, seeking voter support on climate

Sunak delays UK petrol car ban, seeking voter support on climate

Sunak delays petrol car ban by 5 years Eases targets on heating, insulation Says UK is committed to overall 2050 net zero target Businesses complain over changing targets LONDON, Sept 20 (Reuters) – Prime Minister Rishi Sunak watered down Britain’s plans to tackle climate change on Wednesday, saying he would delay a ban on sales … Read more

UN chief puts spotlight on ‘movers,’ excludes US, China at climate summit

UN chief puts spotlight on ‘movers,’ excludes US, China at climate summit

[1/3]Tourists walk past the United Nations Headquarters in New York, March 24, 2008. REUTERS/Mike Segar/File Photo Acquire Licensing Rights UNITED NATIONS, Sept 19 (Reuters) – U.N. Secretary General Antonio Guterres on Wednesday will gather heads of state and business leaders that he has identified as taking stronger action on climate change for a meeting aimed … Read more

US Treasury: Financiers’ ‘net zero’ pledges must align with temperature limits

US Treasury: Financiers’ ‘net zero’ pledges must align with temperature limits

[1/3]U.S. Treasury Secretary Janet Yellen speaks during an interview in New York City, U.S., September 18, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing Rights NEW YORK, Sept 19 (Reuters) – “Net-zero” financing commitments from banks and asset managers should align with goals to limit the global average temperature increase to 1.5 degrees Celsius and be backed … Read more

Berlin’s Brandenburg Gate spray-painted by climate activists

Berlin’s Brandenburg Gate spray-painted by climate activists

FRANKFURT, Sept 17 (Reuters) – Climate activists sprayed orange and yellow paint on the columns of Berlin’s landmark Brandenburg Gate on Sunday to push demands for a stop to the use of fossil fuels by 2030. “Members of the so-called ‘Last Generation’ sprayed the columns on the east side of the Brandenburg Gate with orange … Read more

Developing countries propose $100bn climate damage fund

Developing countries propose $100bn climate damage fund

Residents wade through floodwaters following heavy rainfall in Zhuozhou, Hebei province, China August 1, 2023. cnsphoto via REUTERS/File Photo Acquire Licensing Rights BRUSSELS, Sept 6 (Reuters) – Developing countries have proposed that a new U.N. fund unlocks at least $100 billion by 2030 to address irreversible damage caused by climate change, as states prepare to … Read more

Hundreds of millions of dollars pledged for African carbon credits at climate summit

Hundreds of millions of dollars pledged for African carbon credits at climate summit

UAE commits to buying $450 mln of carbon credits Summit aims to show Africa as destination for climate investment Germany announces $65 mln debt swap with Kenya NAIROBI, Sept 4 (Reuters) – An initiative to boost Africa’s carbon credit production 19-fold by 2030 drew hundreds of millions of dollars in pledges on Monday, as Kenyan … Read more