At COP28 in Dubai, banks like Goldman Sachs, Citigroup, JPMorgan Chase, and Barclays are gearing up for a surge in carbon offset deals. They aim to finance carbon sequestration projects, trade credits, and aid firms in buying offsets. This move supports smaller projects in emerging markets lacking financial backing. Sonia Battikh from Citi highlights the...Read More

COP28 left two uncomfortable realities to fester. First, no matter how aggressively nations act now to reduce emissions — and they must — carbon dioxide levels already accumulated in the atmosphere mean global warming is “in the pipeline”, virtually ensuring increasing numbers of weather-related disasters and greater climate-induced disruption. Second, the world’s most vulnerable people are...Read More