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These banks fund oil and gas in the Amazon amid climate crisis: Report
Global|Carbon Management|Service and Others

These banks fund oil and gas in the Amazon amid climate crisis: Report

The continued financing of oil and gas extraction in the Amazon comes amid a wider rollback of banks’ sustainability pledges and an increase in fossil fuel financing globally.

November 07, 2025
EU agrees to weaken 2040 climate target, push ETS2 launch to 2028
Global|Carbon Pricing|Energy, Transport & Building

EU agrees to weaken 2040 climate target, push ETS2 launch to 2028

After months of delay, European Union climate ministers agreed on Wednesday to a 2040 climate target that includes flexibilities, weakening the bloc’s 90% emissions reduction goal. The deal also postpones the start of the EU ETS2 to 2028.

November 06, 2025

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