Browse in news and blog posts

Browse in news and blog posts
Press release - Leading examples of corporate renewable electricity strategies are leaving laggards and standard-setters in the dust
Publication date 16 Jan 2024

The renewable electricity commitments of 10 major companies in the fashion and tech industries vary widely in terms of ambition and credibility. Standard-setting initiatives provide very limited incentives and sometimes even barriers to companies striving for more impactful renewable electricity strategies.

Press release - CCPI 2024: Despite boom in renewables: World no closer to Paris climate goals until fossil fuels decline drastically
Publication date 08 Dec 2023

The CCPI monitors the climate mitigation progress of 63 countries and the European Union, together responsible for more than 90% of global emissions.

VCMI’s scope 3 flexibility claim could turn back the corporate ambition dial to business-as-usual
Publication date 08 Dec 2023

The VCMI has released its integrity guidelines for corporate use of carbon credits. In some regards, the concept of VCMI’s Silver, Gold and Platinum claims set out a transparent and constructive approach. But the Scope 3 Flexibility Claim will be the most relevant part of the claims package for the next decade.

Press release - CAT COP28 briefing
Publication date 05 Dec 2023

Despite their promises, governments have not taken enough action to drive down warming projections, with some instead turning to false solutions such as CCS to continue the world's reliance on fossil fuels, the Climate Action Tracker said as it released its annual warming update at COP28.

COP28 needs to switch mode from finding the smallest common denominator to achieving what was before unimaginable
Publication date 22 Nov 2023

The 28th Conference of Parties of the UNFCCC (COP) takes place from 30 November - 12 December 2023, at the end of another year of record-high temperatures and climate change impacts, which are rapidly increasing in frequency and intensity, causing loss of livelihoods around the globe, and particularly in vulnerable developing countries. We hear more and more voices saying that “we will not make it” and “we are doomed”. However, the past decades have shown that positive change can happen faster than expected and that we have all the tools to protect this planet and its inhabitants. COP28 has a...

Release: State of Climate Action report finds progress lags on every measure except EV sales
Publication date 14 Nov 2023

Global efforts to limit warming to 1.5°C are failing across the board, with recent progress made on every indicator — except electric passenger car sales — lagging significantly behind the pace and scale that is necessary to address the climate crisis, according to the State of Climate Action 2023 report.

Walking the tightrope of Indonesia's energy transition: Boosting jobs or leaving coal communities behind?
Publication date 08 Nov 2023

As the Government of Indonesia prepares to publicly launch its first iteration of plans to deliver on the goals of the Just Energy Transition Partnership it announced one year ago, we take a look at implications for the workers and communities that currently depend on its large and growing coal sector.

Response to GFANZ APAC June 2023 Consultation
Publication date 02 Nov 2023

NewClimate Institute and the Institute for Climate Economics (I4CE) submitted a response to a public consultation on the Glasgow Financial Alliance for Net Zero’s proposed set of voluntary guidance for financing the early retirement of coal-fired power plants in Asia-Pacific. This blog post highlights key points from our submission.

Microsoft error or external attack causing disruption to email communication across the climate change community
Publication date 27 Oct 2023

From 17-28 October, to our knowledge any email with the NewClimate URL was unjustifiably quarantined by Microsoft email servers without any notice, regardless of who sends or receives the email.

Press release - CAT briefing: What will it take for countries to get their power sectors on track for 1.5°C?
Publication date 19 Sep 2023

The Climate Action Tracker today released a new analysis of progress across 16 countries in fossil gas, coal and renewable power, showing a mixed bag of progress with some signs of hope.

Reaction: Samsung Electronics’ joining RE100 and committing to net zero by 2050
Publication date 14 Sep 2023

This memo contains a Q&A reaction with the authors of the Corporate Climate Responsibility Monitor (CCRM), on the extent to which Samsung’ 2023 Sustainability Report released on 30th June represent an improvement on its climate strategy.

Reaction: Apple unveils its first carbon neutral products
Publication date 14 Sep 2023

This memo contains a Q&A reaction with the authors of the Corporate Climate Responsibility Monitor (CCRM), on the meaning of Apple’s new announcement and the extent to which this represents any significant development of the company’s climate strategy.

Not all ETF providers are made the same
Publication date 06 Jul 2023

Passive investing is on the rise, but retail investors should be aware of the differences in the way asset managers handle corporate stewardship and choose an asset manager that aligns with their values to ensure that passively invested capital is not supporting carbon-intensive business models. Passive investing is on the rise (see Figure 1) for good reason. With low costs and well-diversified options like Exchange Traded Funds (ETFs), it is no wonder that many investors are turning to passive investment products. However, as more and more investors jump on the passive bandwagon, it is...

FAQs - Climate contributions
Publication date 05 Jul 2023

In our document " A guide to climate contributions: Taking responsibility for emissions without offsetting " we aim to help address a growing demand for guidance on how companies can take responsibility for their emissions by contributing to climate action and the overarching global goals enshrined in the Paris Agreement. To address in more details some of the most frequently asked questions on climate contributions and our guidance document we set up this FAQ page. Please click on individual questions to expand or collapse and see the respective answers. What is a climate contribution...

Upcoming Spanish elections could hamper European climate diplomacy at a time when it should be a top priority
Publication date 03 Jul 2023

The climate agenda under Spain's recently started Council Presidency and the EU’s climate leadership face uncertainty due to snap elections that could produce a hung Spanish parliament or see right-wing parties gain power.

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