Russia's plan to reduce its carbon footprint by 2050 will require investments of between 1 trillion roubles and 4 trillion roubles a year ($13.4 billion to $53.6 billion), the central bank said on Thursday.
Australia's Viva Energy Group said on Wednesday it aims to achieve net-zero carbon emissions from all its non-refining operations by 2030 and committed to a 10% reduction in emissions intensity from its Geelong refinery by the end of the decade.
Flood-stricken British Columbia is considering major upgrades to its highway network to make it more resilient to climate change risks, as the province starts reconstruction work after last week's devastating floods.
Global major Royal Dutch Shell may build a biofuels plant in Singapore to meet the region's rising demand for sustainable aviation fuels (SAF), the head of its downstream business said on Wednesday.
The head of Siemens Gamesa warned on Wednesday that a decade-long race to bring down the cost of generating wind power could not continue, as it would reduce the financial muscle of turbine producers to continue investing in new technologies.