Adaro’s coal spin-off highlights gaps in bank coal exit policies

Published on February 27, 2025

After spinning off its thermal coal assets, Adaro Energy Group, the world’s sixth-largest coal mining company, will have access to financing from two banks that previously withdrew funding for its aluminum smelter project in February 2023.

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DeepSeek’s AI disruption: Implications for global climate policy

February 27, 2025
China's DeepSeek demonstrates that AI can be trained in a more efficient way and has enormous implications for Big Tech, which will be pressured to justify efforts to reduce climate impact.

Most Canadian pension funds recognize the urgency of climate change. Some don't.

February 27, 2025
Canada’s national pension plan is getting poor marks for failing to pursue its commitments on climate change, even as some of the country’s top plans are taking concrete steps to meet their ambitious goals, says the watchdog group Shift Action for Pension Wealth and Planet Health in a new report.Fund managers have increased their capacity to manage climate-related financial risks in recent years,