The new EU policy to reduce carbon emissions is not sufficiently ambitious and out of line with Paris agreement, say environment groups.

IEA's latest Global Energy Review predicts that energy-related carbon-dioxide emissions will rise by 1.5 gigatonnes to 33 gigatonnes in 2021, an increase of almost 5% - the largest since 2010 following the global financial crisis 2007-2009 as governments invested on carbon-intensive projects to pick up their economies. If this prediction is proven then it will be a clear warning that the economic recovery from the COVID crisis is unsustainable for our climate.

CDP analysis revealed that financial institutions underestimate their climate-related risks, identifying mainly the operational risks rather than credit and market risks - with a potential financial impact up to $1.05trn.

New report, “Corporate natural capital accounting – from building blocks to a path for standardization”, provides an overview of corporate natural capital accounting resources and applications and identifies best practices, challenges and standardization opportunities.

“Long overdue”: The U.S. Senate just passed $35 billion for clean drinking water — The legislation would fund projects that address aging infrastructure and improve water quality, remove lead pipes from schools, and update infrastructure to be more resilient to the impacts of extreme weather and climate change.

Since 2012 the World Bank has integrated Nature-based Solutions (NbS) in around 100 projects across 60 countries, and developed a knowledge base to help mainstream NbS. One of them is improving transport infrastructure resilience in Haiti, a country prone to natural disasters, from hurricanes to earthquakes.

AfDB President Dr Akinwumi Adesina reminded global audiences of the continent’s vast opportunities for green growth at the recent European Union-Africa Green Investment Forum.

The first open-source, user-friendly artificial intelligence (AI) tool for rapid, standardized, and customizable ecosystem accounting launched last week.

The ARIES for SEEA Explorer allows users to generate ecosystem accounts for any user-specified terrestrial area in the world (such as a country, administrative region, watershed, etc.), by using freely available global remote-sensing derived data and models, and rapidly computes these accounts online, using a web browser.