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Banking Against Science: Financial Institutions Continue to Fund Climate Destruction

Union of Concerned Scientists

At the start of the recent COP 27 climate meeting in Egypt, a United Nations report on the role of financial institutions in controlling climate change said, “There is no room for new investment in fossil fuel supply.”. With COP 27 now concluded, fossil fuel investment remains the elephant in the room.

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Emergency?

Legal Planet

So, what if all parties – government, private sector, environmental groups, the public more broadly -actually made difficult choices and compromises, sometimes even involving important principles, in the face of dire consequences. To be blunt, in a world at great risk from the burning of fossil fuels, this is bordering on insanity.

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Release: Nearly all COP27 sponsors are either major polluters or enablers of fossil fuel industry

Corp Watch

Other Key Sources Business and Human Rights Resource Centre's profile on Coca-Cola - UK-based Business and Human Rights Resource Centre is an NGO that employs researchers on five continents who work with activists, companies and governments alike to advance human rights in business by eradicating abuse.

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Colombia targets reforestation growth

A Greener Life

By Anders Lorenzen When talking about the Amazon rainforest, most of us think of Brazil. And in a green push, the government of Colombia has announced an ambitious reforestation target. Reforestation growth Its new reforestation target is nearly six times higher than that of the previous government.

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Back in the game: Brazil’s reengagement in climate governance

Law Columbia

Perhaps less excitingly, but more consequentially, Brazil also has a long tradition of progressive environmental policies and climate governance, playing a key role in several international conferences. The current scenario adds complexity to the perennially intricate climate governance regime.

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A new climate litigation claim in Brazil raises the pressure for increased climate action and protection of the Amazon rainforest

Law Columbia

On October 26, 2021, Observatório do Clima (OC), a network of 71 civil society organizations, filed a class action at the federal court of Amazonas against the Environmental Ministry and Brazilian government ( Laboratório do Observatório do Clima v. Omissions from the Brazilian government on climate policy. o C global warming scenario.

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Repsol Sued in Class Action for $1 Billion Over Peru’s Worst Oil Spill

Corp Watch

Website Summary Repsol is a fossil fuel exploration company that evolved from a Spanish state venture that was set up in the 1920s. The company sued the government of Argentina in 2012 for $10 billion after the country nationalized YPF with the backing of 80 percent of legislators of parliament. Federal Government (via SAM).

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