February 26, 2026 12:42 PM

Climate shocks threaten $2.3 trillion global sports economy, study warns

Extreme weather threatens annual revenue growth in the $2.3 trillion sports economy, where expansion is driven mainly by tourism tied to resource-depleting global events such as the just-concluded Milano Cortina Games, a report has shown. The sector's growth should be used to maximise social benefits such as reducing public healthcare spending and advancing gender equality. That entails tackling the threat the industry faces from climate change and nature loss - which it risks exacerbating thr...

December 10, 2025 3:31 PM

EU strikes deal on climate target to cut emissions by 90% by 2040

The European Union agreed on Wednesday to set a legally binding climate target to reduce greenhouse gas emissions by 90% from 1990 levels by 2040, and buy foreign carbon credits to cover 5% of the emissions cuts, goals that fell short of its original plan. Negotiators from EU countries and the European Parliament reached the deal in the early hours of Wednesday, they confirmed in separate statements. In practice, the target will require an 85% emissions reduction from European industries, and ...

November 16, 2025 3:24 PM

Climate protesters swelter in Brazilian sun outside COP30 summit

Thousands of climate protesters marched through the Brazilian city of Belem on Saturday in a noisy, diverse and peaceful display to demand more action to protect the fate of the planet and to vent their anger at governments and fossil fuel industries. A short distance away, negotiators reached the halfway point in the marathon COP30 climate summit, which seeks to turn years of promises into action to halt rising global temperatures and deliver support to those most affected by a warmer planet. ...

November 11, 2025 3:34 PM

Latest U.N. analysis shows climate pledges cutting emissions by 12%

The yearly amount of planet-warming gases added to the atmosphere will decrease 12% by 2035 from 2019 levels, according to a new analysis published Monday by the U.N. climate change secretariat (UNFCCC). The revised figure represents progress from the expected 10% reduction announced on October 28, and takes into account pledges made since the cutoff for the previous analysis. Nevertheless, the projected 12% cut is far short of the 60% emissions drop needed by 2035 to limit global warming at 1...

September 18, 2025 5:30 PM

EU set to miss UN climate deadline amid internal divisions

European Union countries' climate ministers are expected to confirm on Thursday that the bloc will miss a global deadline to set new emissions-cutting targets, due to divisions over the plans among EU governments. Missing the deadline could be a blow to EU leaders who were due to join other world powers at the United Nations next week to present new goals in the run-up to COP30 climate talks in November. Major emitters, including China, are expected to meet the deadline. Australia announced it...

July 29, 2025 3:49 PM

Global hunger falls but conflict and climate threaten progress, UN says

The number of hungry people around the world fell for a third straight year in 2024, retreating from a COVID-era spike, even as conflict and climate shocks deepened malnutrition across much of Africa and western Asia, a U.N. report said on Monday. Around 673 million people, or 8.2% of the world's population, experienced hunger in 2024, down from 8.5% in 2023, according to the State of Food Security and Nutrition in the World report, jointly prepared by five U.N. agencies. They said the report ...

May 28, 2025 12:55 PM

EU almost on track to reach 2030 climate goal

The European Union is nearly on track to reach its main climate target for this decade, with countries' existing CO2-cutting plans set to bring the bloc within one percentage point of the goal, the European Commission said on Wednesday. The EU is on course to reduce its net greenhouse gas emissions by 54% by 2030, compared with 1990 levels - just shy of its legally-binding goal of a 55% cut, the Commission said in an analysis of existing policies in the EU and its member countries. The analysi...