In the wake of Turkey’s ratification earlier this year of the Paris Agreement and commitment to achieve a net-zero balance in carbon emissions by 2053, the focus has shifted to the drafting the detailed plans and adopting the policies that will be vital to ensure the country achieves these goals. These efforts took a big step forward today, with the announcement by the Ministry of Environment, Urbanization and Climate Change and the United Nations Development Programme (UNDP) that they are joining forces to prepare a long-term climate change strategy and an action plan that will reflect Turkey’s bolder climate ambitions.

UNDP Supports Turkey in Charting a Course to Net Zero by 2053 | Devamı>>>

President Joe Biden campaigned on a promise to restore U.S. leadership in the global fight against climate change and followed up with a dizzying number of executive orders and lofty targets to slash emissions.

But nine months into his presidency, political, legal, and economic obstacles have forced his administration to make several moves in support of fossil fuels development at home and abroad, and raised questions about whether the Democrat will be able to meet his commitments to clean energy.

Analysis: Biden’s Lofty Climate Goals Collide With Political, Economic Reality | Devamı>>>

BEIJING, Dec. 12 (Xinhua) — Chinese President Xi Jinping on Saturday delivered a speech via video link at the Climate Ambition Summit.

Your Excellency Secretary-General António Guterres,

Dear Colleagues,

It gives me great pleasure to join you in this Climate Ambition Summit. Five years ago, world leaders showed utmost political resolve and wisdom and adopted the Paris Agreement on climate change. Since then, the implementation of the Paris Agreement has received extensive international support and participation.

Remarks by Chinese President Xi Jinping at Climate Ambition Summit | Devamı>>>

Latest data released by the Copernicus Climate Change Service show that globally 2020 was on par with the warmest year ever recorded, marking the end of the warmest decade on record, while CO2 concentrations continue to rise.

The Copernicus Climate Change Service (C3S) today reveals that globally 2020 was tied with the previous warmest year 2016, making it the sixth in a series of exceptionally warm years starting in 2015, and 2011-2020 the warmest decade recorded.

Globally, 2020 Ties with 2016 for Warmest Year Recorded… | Devamı>>>

European oil majors have increased their ambitions to tackle climate change markedly in the last six months, with Total, Shell, BP, Repsol and Eni all having made commitments to significantly reduce the carbon intensity of the energy they supply.

The moves, encouraged by pressure from investors and consumers, mark a significant departure from their North American peers and the difference in approach seems likely to intensify in years to come. However, their claims to be aligned with the net zero targets that many countries are introducing are overstated, a new report claims.

Europe’s Oil Majors Start Embrace Alternative Energy And Climate Targets | Devamı>>>

Oil and gas companies are facing competition from renewable energy and electric vehicles, a global campaign against the use of plastics and increasingly stringent climate targets. In the face of these challenges, shareholders want them to prioritize returns to investors rather than endless growth.

Most oil and gas companies are jeopardizing shareholder returns  by rewarding bosses for endlessly chasing growth in a world where pressure to meet climate targets and sharp falls in renewables costs are set to eat into future demand , finds a report from The Carbon Tracker Initiative, a not-for-profit financial think tank that seeks to promote a climate-secure global energy market by aligning capital markets with climate reality.

Oil And Gas Investors Tell Producers To Focus On Returns | Devamı>>>