World
Doconomy Launches Credit Card with a Carbon-Emission Spending Limit
Swedish fintech company Doconomy has launched a credit card that tracks the carbon dioxide emissions of purchases, and caps the climate impact of users’ spending. The DO Black credit card directly connects our consumption to the impact it has on…
Australia’s Capital Cities Face Water Restrictions as Dams Near 50%
Sydney, Darwin, Brisbane and Melbourne are all facing the prospect of dams below 50% capacity after low rainfall and high temperatures across the country. In Sydney, inflows are at their lowest since 1940. Greater Sydney’s 11 dams were at a…
Toblerone, Cadbury and Milka to Go Sustainable
The maker of Toblerone, Cadbury and Milka has committed to switching to 100% sustainable cocoa. Mondelez International currently sources around 43% of the cocoa through its Cocoa Life programme, which promotes sustainable farming practices, aims to tackle deforestation and provides…
Could a New Solar Technology Prove as Groovy as It Sounds?
Could a new solar technology prove as groovy as it sounds? A team of researchers from the University of Sheffield have worked with energy technology firm Power Roll to create an innovative new solar-cell design they say can push up…
Nestlé Supply Chain ‘Now 77% Deforestation-Free’
Nestlé’s supply chain is now 77% deforestation-free. In 2010 the company committed to ensuring that none of its products would be associated with the environmentally-damaging process of cutting down forests by 2020. It says has used a combination of tools,…
World Bank Launches New Fund to Support ‘Climate-Smart’ Mining for Low Carbon Tech
The World Bank has launched what is claimed to be the first ever fund dedicated to making mining for the low carbon energy transition “climate-smart” and sustainable. The Climate-Smart Mining Facility, targeting a total investment of $50 million (£38.2m), will…
ExxonMobil Signs Deal to Explore 28,000 sq km in Offshore Namibia
ExxonMobil has signed a deal for new oil and gas exploration across 28,000 square kilometres in Namibia. The energy giant made the agreement with the Namibian Government and the National Petroleum Corporation of Namibia (NAMCOR) for blocks 1710, 1810, 1711…