UK Economy Heading for $141 Billion Loss Caused by Stranded Fossil Fuel Assets

New report from UKSIF and TREX shows global economic exposure to fossil fuel asset stranding risk amounts to $2.28tn by 2040. The UK financial system is itself disproportionately exposed to the stranding risk, ranking 9th globally for losses per capita – more exposed than the United States, Italy, and France.

06 March 2025

UN Biodiversity COP16 to Reconvene Next Week in Rome

The UN Biodiversity Conference, suspended last November in Cali, will reconvene from 25-27 February 2025 in Rome, Italy, at the headquarters of the Food and Agriculture Organisation of the United Nations (FAO).

21 February 2025

UNEP-WCMC and UNEP FI Publish Updated Edition of Accountability for Nature Report

The updated edition of 'Accountability for Nature: Comparison of nature-related assessment and disclosure frameworks and standards', co-authored by the United Nations Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) and the United Nations Environment Programme Finance Initiative (UNEP FI), expands its scope to include pollution-related financial risks alongside nature-related assessment and disclosure approaches.

20 February 2025

Deal on New EU Rules to Reduce Textile and Food Waste

60 million tonnes of food waste and 12.6 million tonnes of textile waste are generated annually in the EU. The new measures provisionally agreed by the European Parliament and Council would introduce 2030 food waste targets and require producers to cover costs for collecting, sorting and recycling waste textiles.

20 February 2025

Majority of Countries Miss Deadline for Updated NDCs

Parties are required to submit updated national climate plans every five years to the United Nations Framework Convention on Climate Change (UNFCCC) secretariat under the Paris Agreement. However, the majority missed yesterday’s deadline, including key top emitters.

11 February 2025