Latest news with #climateaction
Bloomberg
3 hours ago
- Business
- Bloomberg
IEA Sees Bargains in $100 Billion LNG Clean-Up Proposal
The world's liquefied natural gas supply chains spew roughly 350 million tons of carbon dioxide equivalent a year — more than Italy's annual emissions. For roughly $100 billion, that climate footprint could be cut by 60%, according to the International Energy Agency. The proposal identifies multiple low-cost opportunities that would significantly decrease LNG's climate footprint. For instance, cutting methane leaks alone could bring down annual emissions by close to 90 million tons of CO2e, or 25% of total LNG emissions, the IEA said. About half of that reduction could be realized at no net cost.
CTV News
12 hours ago
- CTV News
Climate activist throws paint on Picasso painting at Montreal museum
The Montreal Museum of Fine Arts in Montreal, Thursday, Sept. 19, 2024. THE CANADIAN PRESS/Graham Hughes A climate activist group says one of its supporters sprayed pink paint this morning on a Pablo Picasso painting at a Montreal museum. Last Generation Canada says an activist smeared washable paint on the 1901 painting L'hétaïre at the Montreal Museum of Fine Arts. The group is calling for the Canadian government to create a climate disaster protection agency to help those affected by extreme weather. Montreal police say one person was arrested for mischief after the incident and was released with a promise to appear in court at a later date. The museum says the painting was kept under protective glass and there were no immediate signs of damage to the painting itself, which is on loan from a gallery in Italy. The activist group says it has also targeted the Montreal casino and the BMO Museum with pink paint in recent weeks. This report by The Canadian Press was first published June 19, 2025.
National Post
12 hours ago
- Politics
- National Post
Climate activist douses pink paint on Picasso painting at Montreal museum
MONTREAL — A climate activist group says one of its supporters sprayed pink paint this morning on a Pablo Picasso painting at a Montreal museum. Article content Last Generation Canada says an activist smeared washable paint on the 1901 painting L'hetaire at the Montreal Museum of Fine Arts. Article content Article content The group is calling for the Canadian government to create a climate disaster protection agency to help those affected by extreme weather. Article content Article content The museum says the painting was kept under protective glass and there were no immediate signs of damage to the painting itself, which is on loan from a gallery in Italy. Article content The activist group says it has also targeted the Montreal casino and the BMO Museum with pink paint in recent weeks. Article content Article content
Times of Oman
17 hours ago
- Business
- Times of Oman
CBO joins network for greening the financial system
Muscat: The Central Bank of Oman (CBO) has officially announced its membership in the Network for Greening the Financial System (NGFS), a global alliance of central banks and supervisory authorities aimed at enhancing the financial sector's resilience to climate-related and environmental risks. Launched during the "One Planet Summit" in Paris in December 2017 with eight founding members, the NGFS has since expanded into a worldwide network comprising over 160 central banks and regulatory bodies. The initiative seeks to collaborate with members in transforming the financial and banking systems into environmentally friendly and sustainable models. This is achieved through knowledge-sharing, cooperation, and the adoption of international best practices in developing regulatory frameworks to promote sustainability. The CBO's membership underscores its steadfast commitment to building a resilient, sustainable, and forward-looking financial system. This move aligns with Oman Vision 2040, the Sultanate of Oman's national strategy for a structured transition toward net-zero emissions, as well as the launch of the National Environmental Policy for Energy. As part of its strategic climate initiatives, the CBO has introduced a comprehensive regulatory framework and roadmap designed to advance sustainable and green finance in line with international standards and Oman's goal of achievingcarbon neutrality by 2050. These efforts include phased disclosure requirements for licensed financial institutions, alongside active participation in global climate initiatives, such as those led by the G20. Through this membership, the CBO joins a collaborative international effort to promote sustainable finance and strengthen the financial sector's readiness in addressing escalating challenges posed by climate change and ecosystem degradation. —— Ends/AH
Reuters
20 hours ago
- Business
- Reuters
London Climate Action Week: Finance Live
Welcome to the London Climate Action Week: Finance Live series, a daily 60-minute show presented in partnership with LSEG, the Green Finance Institute and Reuters. Running from Monday 23rd – Thursday 26th June, the show will bring together influential voices in climate and nature finance, policy, economics and business. It will be hosted by Axel Threlfall, Editor-at-Large, Reuters. We will highlight the latest developments and biggest announcements in the world of green finance, delve into the key themes being explored at LCAW's daily flagship events, and explore the City of London's pivotal role in shaping sustainable futures worldwide. Episode 1 – Monday: Taking the lead in green growth on the global stage Episode 2 – Tuesday: Finance in action: Demonstrating climate leadership in changing times Episode 3 – Wednesday: Global action on climate transition plans Episode 4 – Thursday: Investing in nature: Turning finance into action Bookmark this page to watch the show, either live at 0830 BST each day or come back and replay it at a time which suits you.
