Hydropower dams continue to undermine REDD+ efforts in Cambodia

Published on July 19, 2024

Five hydropower dams are currently being built in the Cardamom Mountains with reservoirs set to collectively span more than 15,000 hectares (37,065 acres) across protected forests.

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Australia’s major banks provide ‘backdoor finance’ to fossil fuels: NGO

July 19, 2024
ANZ, Commonwealth Bank, NAB, and Westpac loaned US$2.43 billion to fossil fuels last year despite having committed to global climate goals. Most of the loans fall under general-purpose corporate lending and bonds.

Chart: 85% of new electricity built in 2023 came from renewables

July 19, 2024
Renewable energy still supplies less of the world’s electricity than fossil fuels do, but it’s being built at a rate that far outpaces the construction of non-renewable forms of energy. Last year, renewables accounted for nearly 86 percent of new electricity capacity worldwide, according to new data from the…