The global-average temperature for the past 12 months was an estimated 1.62°C above the 1850-1900 pre-industrial average, scientists have found

A jump in global adoption of solar power and electric vehicles — led by China — will bring about peak emissions this year, a new study said, but doubts on limiting global warming remain

BP’s lobbying for climate subsidies, despite a business outlook that will boost emissions, spurs increasing criticism of 'planet-saving technologies' due to link with fossil fuel industry

The biggest chunk of the losses will likely be borne by workers in carbon-intensive sectors, which employ almost 32 million people across the world

Tech giants Microsoft, Meta and Google have all made purchases of carbon offsets in the Amazon rainforest this year

Sectors like cement, chemicals and shipping aren’t securing enough orders for more emissions-friendly items, according to a COP28 initiative

The deal between Standard Chartered bank and UK-based start-up UNDO could open up a new path to financing for the carbon removals industry

Carbon dioxide removal is estimated to become a $100 billion industry by 2030, provided it can be scaled up

Since last year, multiple reports have raised concerns about the authenticity and integrity of oil firms' emissions reduction projects in China — which in one case was actually chicken farm, according to a whistleblower

A recent report saying carbon offsets were ‘largely ineffective’ could lead firms to abandon or pare back investment in nature and carbon removals

China is the world’s biggest emitter of greenhouse gases and has set ambitious targets to cut down its emissions, including hitting peak carbon levels by 2030

The move is significant given estimates that the carbon removal industry could earn up to $100 billion a year by 2030, but remains plagued by scepticism