The European Commission’s unambitious proposed climate target for 2040 risks becoming riddled with loopholes and delaying urgent climate action. This in-depth analysis explains how and why.
The European Commission has defied science, prioritised polluters over people and shirked some of its global responsibility by weakening the EU’s 2040 climate target. This is bad news for climate action and for those hardest hit by rising temperatures.
At the Bonn climate conference (SB62) ahead of COP30 in Brazil, there was a mood of upbeat optimism about Article 6 carbon markets. This positivism stands in shrill contrast with all the critical issues that continue to plague Article 6.
With H&M Group at their helm, some of the world’s largest clothing companies are belatedly improving their ill-fitting climate strategies, but none have refashioned their business model along sustainable lines, according to the latest Corporate Climate Responsibility Monitor. Shein came bottom of the league due its failure to take any meaningful action.
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