Business/Finance

Courtesy of Forests News Written by: Julie Mollins Tackling climate change requires large-scale financial investments into adaptation and mitigation activities. Known as “climate finance” under the U.N. Framework Convention on Climate Change, the idea of mobilizing funds from countries in the global...

Written by: Kimberly White Burger King is testing out a new plant-based Whopper. Beginning today, 59 Burger King restaurants in the St. Louis, Missouri area will be testing the new Impossible Whopper. Similar to its beef counterpart, the Impossible Whopper features...

Written by: Kathleen Simpson When it comes to the role of philanthropy in the fight against climate change, grant-making features front and centre. Grants can be nimble and risk-tolerant in spurring climate solutions, as highlighted in a recent report by...

Written by: Hans Nicholas Jong Environmental watchdogs have welcomed a zero-deforestation pledge by South Korean trading giant POSCO International with regard to its palm oil operations in Indonesia’s Papua province, following years of razing the land. Under its “No Deforestation,...

Written by: Megan C. Evans For many businesses, climate change is an existential threat. Extreme weather can disrupt operations and supply chains, spelling disaster for both small vendors and global corporations. It also leaves investment firms dangerously exposed. Businesses increasingly recognise climate change as...

Written by: Kimberly White  The United Nations Environment Programme (UNEP) and digital health and fitness giant adidas Runtastic have launched a new challenge to highlight the need to conserve the world's endangered wildlife in honor of International Snow Leopard Day...

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: Gim Huay Neo and Daniel Pacthod The World Economic Forum Global Risks Report 2024 again underscores the significance and severity of nature-related risks in the next ten years, ranking them as the most critical challenges we face globally. These risks...

Written by: Kimberly White  BNP Paribas is accelerating its timeline for a complete coal phase-out.  In 2019, the bank announced its 2030 target cut-off date for countries in the EU. BNP Paribas is now expanding its target date to end the...

Written by: Kimberly White BP has announced it will cut oil and gas production 40 percent over the next decade.  The announcement follows the oil giant's reported $16.8 billion quarterly loss. Fossil fuel consumption has fallen drastically amid the COVID-19 pandemic.  The...