Azerbaijani gas opens new opportunities for Ukraine
The booking of capacities along the Trans-Balkan gas pipeline has increased 2.6 times, following the first deliveries of Azerbaijani natural gas to Uk...
Jeff Bezos’ $10-billion Earth Fund has withdrawn its backing from the Science Based Targets initiative (SBTi), a key verifier of corporate climate goals, according to the Financial Times.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 world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
The United Nation’s climate chief says a delay in choosing the host for next year’s COP31 summit is causing problems. It's after Australia and Türkiye submitted bids in 2022 to host the high-profile conference in 2026. Sydney said it's received the most votes.
Fierce wildfires are tearing through Bulgaria, burning homes, threatening villages, and forcing people to evacuate the area, as firefighters face dangerous conditions across the country.
Firefighters in Greece are battling wildfires near Athens and on several islands as the country swelters under its third heatwave of the summer. People have evacuated from their villages as flames spread through dry terrain, fanned by strong winds and record temperatures.
As Greece swelters under an intense heat wave, electricity demand and wholesale prices have soared to record highs, straining the national grid and pushing infrastructure to its limits.
From Hawaii’s fiery lava fountains to Italy’s ash-filled skies, it may feel like volcanoes are erupting everywhere in 2025. With nearly 50 eruptions already this year, many are asking, is the Earth getting more active? The truth is far less alarming, and far more fascinating.
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