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With this summer marking the hottest on record and following a year where the global annual temperature exceeded 1.5˚C, the urgency for accelerated and more effective climate action has never been clearer. As we approach COP29 in Baku, Azerbaijan, critical discussions around the most pressing climate topics – from climate finance, corporate accountability in climate action to national climate targets for 2035 – are laying the groundwork for the UN’s main climate conference. As the countdown to COP29 continues, Climate Week NYC, the largest annual climate event of its kind, will take place from...

Amid growing controversy over potentially loosening rules for offsetting corporate emissions, the Voluntary Carbon Markets Integrity initiative (VCMI) has released a second proposal for its contentious Scope 3 Claim.

Despite the rise of far-right parties in the European Parliament, climate action is here to stay. A strong climate foreign policy is crucial to maintain European competitiveness and global leadership in climate action. The new EU political cycle is the right moment for the EU to carry out essential institutional reforms to strengthen its climate foreign policy. Without these reforms, the EU risks losing its position in the global clean economy.

In this article, we unpack Germany’s hydrogen import strategy and highlight three key considerations for Global South countries looking to export hydrogen to Germany.

Following months of polarised wrangling over the potential role of offsetting to meet corporate climate targets, the SBTi has published two papers which shed light on the future trajectory of the initiative’s standards.

We call for scientific, ambitious, equitable, robust, credible and transparent rules around carbon accounting and corporate climate target setting. Voluntary and regulatory frameworks on climate transition planning must exclude offsetting.

Southeast Asia, the fastest-growing region in the developing world, is at a crossroads. On the one hand, it seeks to develop its economy and provide sufficient and affordable energy to power economic and social development, which has historically driven reliance on fossil fuels. On the other hand, the region is among the most vulnerable to the impacts of human-induced climate change – from deadly heatwaves to destructive floods – that are only intensifying with increased greenhouse gas emissions. The key to balancing competing priorities in Southeast Asia -- energy security and economic...

The CAT released its "Guide to a good 2035 target" at the climate talks in Bonn, Germany today, setting out a detailed, four-point recipe of key elements governments need to include in their next round of climate targets (Nationally Determined Contributions or NDCs), to be submitted to the UNFCCC from November this year.

This blog reveals three critical limitations in the voluntary approach of financial institutions’ net-zero targets: the low integrity of existing targets, their limited ability to directly control investee emissions, and a finance-first mandate that hinders voluntary climate action.

Climate impacts are getting more severe across the globe, a chilling reminder that there is no more time to waste. Halfway through 2024 and the critical decade of climate action, the midyear UN Climate Change Conference – the 60th session of the Subsidiary Bodies – kicked off on Monday in Bonn, Germany, running from June 3–13. The Bonn sessions are an important platform to continue negotiations on key topics in preparation for the UN’s main COP29 Climate Conference in Azerbaijan in November.

The term 'greenhushing' has recently emerged in discussions around corporate climate action, but is it an actual trend? In this blogpost, we dive deeper on the issue.

NewClimate Institute applauds the brave reaction from the staff of the Science Based Targets initiative, who today issued a strong statement rejecting their Board’s unilateral statement on the use of carbon credits.

Despite increased ambition in their climate target-setting, 51 of the world’s largest companies commit to reducing their emissions by only 30% on average by 2030, falling short of the 43% reduction required to limit global warming to 1.5°C, according to a report released today by NewClimate Institute in collaboration with Carbon Market Watch.

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.

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