CIA review finds flaws in 2016 Russia report but upholds finding Putin backed Trump
A CIA review has identified procedural flaws in a 2016 assessment that Russia sought to help Donald Trump win the U.S. presidency, but it did not chal...
Jeff Bezos’ $10-billion Earth Fund has withdrawn its backing from the Science Based Targets initiative (SBTi), a key verifier of corporate climate goals, according to the Financial Times.
The decision follows internal complaints from SBTi staff about the Earth Fund’s potential influence over the organization, the FT reported. The move also comes amid broader criticism directed at SBTi, including from its own employees, over a decision last year to loosen rules on how companies can use carbon credits to offset their supply-chain emissions.
Some staff members questioned whether meetings hosted by the Bezos Earth Fund in London shortly before the rule changes could have influenced SBTi’s decision. Neither SBTi nor the Bezos Earth Fund responded to requests for comment outside regular business hours.
The Bezos Earth Fund is one of SBTi’s two main funders, alongside the IKEA Foundation, according to the organization’s website.
The timing of the withdrawal has also been linked to shifting political dynamics. The FT report suggests the move may be a response to policies favored by former President Donald Trump, who recently ordered the U.S. withdrawal from the Paris Agreement on climate action.
SBTi plays a significant role in assessing and verifying corporate commitments to reducing greenhouse gas emissions in line with the Paris Agreement targets. The group’s credibility has been challenged recently, with critics arguing that loosening carbon credit rules undermines the integrity of corporate climate reporting.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
Global temperatures in 2024 exceeded the crucial 1.5°C threshold above pre-industrial levels for the first time, marking a serious warning for the world’s climate goals under the Paris Agreement, scientists said.
Wildfires and a severe heatwave sweeping across Europe have claimed the lives of two people in Spain and another two in France, while also causing the shutdown of a nuclear reactor in Switzerland.
Azerbaijan, Kazakhstan and Uzbekistan have established a joint venture to implement the Green Energy Corridor: Azerbaijan–Central Asia project aimed at building infrastructure for clean energy transmission and strengthening a regional energy cooperation.
A Clean Energy Centre will be officially launched during the 17th Economic Cooperation Organization (ECO) Summit, to be hosted by Azerbaijan this week, announced Asad M. Khan, Secretary General of the ECO.
The European Union plans to cut greenhouse gas emissions by 90% by 2040 and, for the first time, allow limited use of foreign carbon credits to meet the target.
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