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Banks made $3 billion from green debt financing in 2023, surpassing profits from bonds and loans provided to the oil industry, driven by EU regulations and changing investment landscapes.
PARIS To save the world from the worst ravages of climate change, slashing carbon pollution is no longer enough CO2 will also need to be sucked out of the atmosphere and buried, a landmark UN report recently said.If humanity had started to curb greenhouse gas emissions 20 years ago, an annual decrease of two per cent out to 2030 would have put us on the right path.
PARIS However quickly the world slashes greenhouse gas emissions, it will still need to suck carbon dioxide (CO2) from the air and oceans to avoid climate catastrophe, a landmark UN report said.Long seen as marginal or an industry ploy to avoid curbing emissions, carbon dioxide removal (CDR) is today a necessary weapon in the battle against global heating, according to the