Exxonmobil, oil major, is going on trial after being accused of falsifying information on the investors about the potential impact of climate change regulations on the company’s operations, as it firstly used figures that were different from what they presented publicly when discussing the impact on laws and taxes.
In view of the challenges facing the Arctic due to global warming, the High Representative of the European Union for Foreign Affairs and Security Policy/Vice-President of the European Commission, Federica Mogherini, the Minister for Foreign Affairs of Sweden Ann Linde, and European Commissioner Karmenu Vella, stated that the EU is strongly committed to helping the region adapt to climate change.
Extremely hot temperatures around the world last month made August 2019 the second-hottest August on record and capped off the hottest Northern Hemisphere summer (June through August), tied with 2016, according to data provided by the US NOAA.
In the closing of the Climate Action Summit in New York, UN Secretary-General Antonio Guterres applauded the progress made in the shipping industry in the battle against climate crisis, commenting it as a ‘huge step’, and highlighted IMO’s 2050 target in reducing the GHG emissions by 50% by 2050.
The government’s climate advisers commented on Tuesday, September 24, that the aviation and shipping sectors should properly included in Britain’s target to limit its greenhouse gas emissions to net zero by 2050, according to Reuters.
The latest Intergovernmental Panel on Climate Change (IPCC) Special Report highlights the urgency to prioritize timely, ambitious and coordinated action to address unprecedented and enduring changes in the ocean and cryosphere. The report also reveals the benefits of ambitious and effective adaptation for sustainable development and the increasing costs and risks of delayed action.
The UN Climate Action Summit which took place in New York City on the September 23, enabled worldwide leaders to present their proposals and solutions for the ongoing battle against climate change, whereas IMO’s Sec-Gen focused on the progress made in tackling climate change.
A global movement of 87 companies have joined forces on the ‘Business Ambition for 1.5°C — Our Only Future’ campaign, promising to scale up their climate ambitions by setting science-based targets aligned with limiting global temperature rise to 1.5°C above pre-industrial levels.
Leaders from government, business, and civil society announced potentially far-reaching steps, in order to confront climate change at the United Nations Secretary-General’s Climate Action Summit in New York. With carbon pollution, temperatures, and climate destruction on the rise, the Summit aspires to provide a turning point into momentum, action, and global impact.
A team of scientists supported by the EU have embarked on a year-round expedition to study climate change and the marine ecosystems of the central Arctic ocean. The MOSAiC (Multidisciplinary drifting Observatory for the Study of Arctic Climate) expedition is the largest polar expedition to date.
