Banks based in China, the United States, Indonesia and Brazil have invested billions of dollars in businesses carrying out, or linked to, deforestation since the Paris Agreement on climate change was adopted in 2015, researchers said on Thursday.
Former Maldives President Mohamed Nasheed, who held the world's first underwater cabinet meeting in 2009 in a symbolic cry for help for his low-lying island nation, says he's not "pessimistic" about efforts to ramp up global climate action.
Any new pledges made at the upcoming COP26 climate summit must include protection and restoration of natural areas, said the U.N. biodiversity chief - a move that could give a boost to ongoing efforts to broker a separate global nature pact.
India on Wednesday rejected calls to announce a net zero carbon emissions target and said it was more important for the world to lay out a pathway to reduce such emissions and avert a dangerous rise in global temperatures.
Saudi Arabia's crown prince launched a Middle East Green Initiative on Monday which he said aimed to secure 39 billion riyals ($10.4 billion) for an investment fund and clean energy project as part of efforts to reduce regional carbon emissions.