IMF approves first batch of climate resilience loans
16 Mar 2023
Jamaica is the latest country to get IMF board approval for loans under the Resilience and Sustainability Trust (RST), following the acceptance of Costa Rica, Barbados, Rwanda and Bangladesh in the last six months.
The multi-million-dollar finance packages vary for each country, from $183 million for Barbados to $1.4 billion for Bangladesh, and recipients have different ideas of how they will spend the money.
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Wildfires fanned by heatwave and strong winds rage across Europe
Fri 15 Aug 2025
Wildfires caused by arsonists or thunderstorms and fanned by a heatwave and strong winds wreaked destruction across southern Europe on Wednesday, burning homes and forcing thousands of residents and tourists to flee.
Trump’s climate report includes more than 100 false or misleading claims
Fri 15 Aug 2025
A “critical assessment” report commissioned by the Trump administration to justify a rollback of US climate regulations contains at least 100 false or misleading statements, according to a Carbon Brief factcheck involving dozens of leading climate scientists.
Global oil markets face record supply glut next year, IEA says
Fri 15 Aug 2025
Global oil markets are on track for a record surplus next year as demand growth slows and supplies swell, the International Energy Agency said.
Climate change made Nordic heat wave 2 degrees warmer
Fri 15 Aug 2025
The chances of reaching dangerous temperatures are only growing as the planet keeps warming up because of climate change, scientists warn.
African $60 billion high-speed rail project takes shape
Fri 15 Aug 2025
One of the largest infrastructure projects in Africa has received a new update that could see construction begin soon.
Forget net zero. We need ‘real zero’ – and these companies prove it’s profitable
Fri 15 Aug 2025
OPINION: Three huge global companies – IKEA, Lendlease and Fortescue Mining – are heading towards real zero. If they can do it, so can everyone.
Climate crisis risks to Aus economy and environment ‘intense and scary’, unreleased govt report
Thu 14 Aug 2025
Sources say delayed risk assessment includes modelling of effects of climate crisis in ways that have been little discussed in political debate so far.
Alaskan glacier ice dam releases floodwater toward downstream homes
Thu 14 Aug 2025
A huge basin of rainwater and snowmelt dammed by Alaska’s Mendenhall Glacier has started to release, and officials on Tuesday urged residents in some parts of Juneau to evacuate ahead of what could be a record surge of floodwater downstream.
Why China is still building new coal – and when it might stop
Thu 14 Aug 2025
Last year, China started construction on an estimated 95 gigawatts (GW) of new coal power capacity, enough to power the entire UK twice over.
US to retaliate against IMO members that back net zero emissions plan
Thu 14 Aug 2025
The U.S. rejected the "Net-Zero Framework" proposal by the International Maritime Organization, which is aimed at reducing global greenhouse gas emissions from the international shipping sector, and threatened measures against countries that support it.
