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Investors urge greater scrutiny of climate funding tools
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Investors urge greater scrutiny of climate funding tools

With governments worldwide pouring billions of dollars into the transition to a low-carbon future, banks are the linchpins for financing wind, solar and other clean energy projects. But their financing tools have drawbacks that can detract from sustainability goals. Investors have been pumping money into renewable energy funding. In the first six months of 2023,...

Can COP28 really try to ignore fossil fuels?
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Can COP28 really try to ignore fossil fuels?

Can COP28 really try to ignore fossil fuels? Every summer, the Scottish city of Edinburgh holds a high-profile theater and comedy festival that is famous for its drama and laughter. This year’s event, however, will also feature an act that is too serious to be humorous: John Kerry, the US climate envoy,will speak on the...