South Korea’s three major insurers say will stop underwriting new coal power
The confirmation follows pressure from a network of civic groups named Korea Beyond Coal, which has advocated for a complete coal phase-out in Korea by 2030.
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The confirmation follows pressure from a network of civic groups named Korea Beyond Coal, which has advocated for a complete coal phase-out in Korea by 2030.
The new law directs the $17 billion Maine Public Employee Retirement System to divest $1.3 billion from fossil fuels within five years and directs the Treasury to do the same with other state funds.
Climate campaigners claimed a “historic victory” after a Brussels court on Thursday condemned Belgium for its climate policy that breaches the country’s duty of care and human rights obligations.
On June 11, the country celebrated its first Green Ghana Day by planting somewhere near five million trees.
Hours after becoming the first nation to authorize bitcoin as a legal tender, El Salvador’s President Nayib Bukele instructed a state-owned geothermal electric company to plan to use renewable geothermal energy from the country’s volcanoes for mining for the cryptocurrency.
The project that was supposed to cost under $5 billion had ballooned to nearly double that amount, thanks to determined opposition from environmental groups and Indigenous communities.
An international consortium led by Powergrids plans to invest $100 million in three off-grid solar plants intended to power the cities of Gemena, Bumba, and Isiro, which currently have no connection to the country’s power network.
The South Korean Forest Service is planning to make a massive contribution to World Economic Forum’s global initiative the Tree Trillion campaign that aims to plant one trillion trees by 2030.
In 2020, the only countries that installed more solar than Vietnam were the U.S. and China.
The suspension includes 10-year leases that the Bureau of Land Management (BLM) issued on Jan. 6, 2021, which span more than 430,000 acres of the refuge.