Business/Finance

Written by: Kimberly White  The European Investment Bank (EIB) has announced that it will phase out financing for fossil fuel projects by 2021. The EIB is the world's largest multilateral financial institution, providing approximately €16 billion in energy finance annually.  The...

Written by: Kimberly White JPMorgan Chase and Wells Fargo will no longer fund oil and gas drilling in the Arctic, including the Arctic National Wildlife Refuge.  The announcements come on the heels of similar commitments made by Goldman Sachs and BlackRock.  JPMorgan...

Written by: Yale Climate Connections Team John Deere — the company behind the iconic green tractors — plans to go even greener. By 2026, John Deere plans to make and sell a variety of electric tractors and construction equipment. As a step toward...

Written by: Kimberly White Companies, cities, investors, and civil society have joined together in pursuit of a resilient, zero carbon recovery.  Led by the UNFCCC's Champions for Climate Action, the Race to Zero campaign aims to mobilize leadership and drive support...

Written by: The Energy Mix The coal, oil, and gas industries received US$5.9 trillion in worldwide subsidies in 2020—a mind-bending $11.2 million per minute, every minute of every hour of every day in the year—the International Monetary Fund (IMF) revealed...

Written by: Kimberly White Sustainable Brands has announced the latest addition to their Corporate Member Network: National Geographic. Launched in 2006, Sustainable Brands is a global network of companies and conferences. National Geographic joins more than 80 companies, including corporate...

Written by: Kimberly White  Microsoft has announced an ambitious new goal to reduce and remove its carbon footprint. The tech giant has pledged to remove more carbon emissions than it creates and become carbon negative by 2030. Microsoft aims to...

Written by: Kimberly White Morgan Stanley will no longer fund oil and gas exploration and development in the Arctic, including the Arctic National Wildlife Refuge.  Morgan Stanley is the fifth largest funder of fossil fuels in the United States. Thirty-five global...

Written by: Kimberly White  Amazon has launched its $2 billion Climate Pledge Fund. Through the fund, Amazon aims to bolster the development of sustainable technologies to help companies achieve carbon neutrality.  The Climate Pledge Fund will invest in companies from a...

Courtesy of Landscape News Written by: Augusta Dwyer Even though Indigenous communities protect some of the most critically important forest ecosystems, conserving a wealth of the world’s terrestrial biodiversity and carbon storage, they remain woefully shortchanged with aid money for climate...