ClimateCommitment

British Steel Owner Plans to Shut Down UK's Final Blast Furnaces, Striking a Blow to the Industry

7 days ago

In a significant development for the UK's manufacturing landscape, the owner of British Steel has announced intentions to close the last operational blast furnaces in the country. This move marks a pivotal moment not only for the steel industry but also for the workers and communities connected to these facilities.

Norinchukin Bank Exits Major Climate Group, Joining Growing Trend among Japanese Financial Institutions

9 days ago

Norinchukin Bank, a significant player in Japan's financial landscape, has announced its decision to withdraw from the Net Zero Financial Institutions Alliance (NZFIA), a coalition aimed at steering financial institutions towards achieving net-zero carbon emissions by 2050. This announcement marks a notable shift in the banking sector as it highlights a growing trend among Japanese banks to reconsider their commitments to climate change initiatives.

China's Coal Hub Poised to Lead the Nation's Energy Transition, Experts Suggest

6 months ago

In one important development, researchers point to a cluster of China's coal-intensive provinces as the leading candidates to drive the country's energy transition on a grand scale. They feature in a study currently being carried out by previous heavyweights of coal production and consumption, which could rise as hubs for cleaner energy and become models for nationwide energy reform.