Breaking Waves: Ocean News

The tropical coastlines of Southeast Asia are home to some of the most important and biodiverse marine ecosystems on the planet. But as well as being essential to communities along these coastlines, fishing and tourism were found -- in new research conducted by an international study team -- to be among the most damaging from an environmental perspective.

Ukraine's environmental protection minister, Svitlana Grynchuk, and the Palestinian chair for the environmental quality authority, Nisreen Tamimi, raised the alarm on the ecological impact of war in their countries and beyond. Grynchuk said Russia's 'unlawful reporting' of its carbon emissions on Ukrainian territory was undermining the integrity of the Paris agreement. Tamimi said the rebuilding effort in Gaza would release an estimated 30m tonnes of carbon dioxide Cop29 live: campaigners say talks are ‘reaching point of real emotion’ Continue reading...

OECD complaint alleges top firm has increased investments in companies implicated in environmental devastation BlackRock, the world’s biggest asset management company, faces a complaint at the Organization for Economic Co-operation and Development (OECD) for allegedly contributing to environmental and human rights abuses around the world through its investments in agribusiness. Friends of the Earth US and the Articulation of Indigenous Peoples of Brazil accuse BlackRock of increasing investments in companies that have been implicated in the devastation of the Amazon and other major forests despite warnings that this is destabilising the global climate, damaging ecosystems and violating the rights of traditional communities. Continue reading...

Interviews and analysis of court documents show how the world’s most prestigious consulting firm quietly helps fuel the climate crisis Two giant, mirrored walls are set to rise out of the sands of the Arabian desert. They will run parallel for more than 100 miles from the coast of the Red Sea through arid valleys and craggy mountains. Between them, a futuristic city which has no need for cars or roads will be powered completely by renewable energy. This engineering marvel, its creators say, will usher in “a revolution in civilization”. It’s the jewel in the crown of a $500bn Saudi government project known as Neom, turning a vast scrubland into a techno-utopia and world-class tourist and sporting destination. Perhaps a harbinger for the end of oil, it will supposedly put the powerful petrostate at the forefront of the energy transition. For American consulting giant McKinsey & Company, its advising on this project appears to be making good on the firm’s green promises. Continue reading...