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Natasha White
Data has shown that Western pension funds may inadvertently be helping Russian President Vladimir Putin as Moscow looks to ramp up liquefied natural gas exports to replenish Kremlin coffers and fund its war in Ukraine.
BUSINESS / Economy
Jul 21, 2024
How U.S. pension funds help Putin’s gas gambit
The case spotlights the opacity of the global finance and how hard it remains to sever Moscow from a key revenue source even two years after the Ukraine invasion.
Bifacial photovoltaic solar panels at a solar plant in Texas. According to a study, net zero pledges are often directly undermined by the lobbying activities of the companies making them.
ENVIRONMENT / Climate change
Nov 17, 2023
Study finds ‘net zero greenwash’ is common in corporate world
A London-based nonprofit found that 58% of the companies it analyzed advocate on climate policy in a way that’s at odds with their stated net zero goals.
A worker cleans solar panels at a solar farm facility in Yumbo, Colombia.
ENVIRONMENT / Energy
Aug 30, 2023
Junk offsets are feeding wave of greenwashing, study shows
The research found that only 6% of a potential 89 million credits were linked to additional carbon reductions through preserved forests.
Japan Times
BUSINESS
Jun 27, 2023
Canada’s explosive wildfires have damaged a forest carbon offset project
With Canada facing what’s on track to be its worst wildfire season on record, climate experts and offset developers are concerned it could be a harbinger of what’s to come.
Japan Times
BUSINESS
Mar 31, 2023
Long-awaited rules for carbon offset market disappoint experts
Fear of greenwashing has hamstrung the growing market, with data suggesting fewer offsets are being claimed against emitters’ carbon footprints.
Japan Times
BUSINESS
Dec 6, 2022
U.N. says new biodiversity credits can succeed where carbon offsets failed
Studies on biodiversity offsetting programs in Canada, Australia and at a global level have found very few achieve their targets and most are unsuccessful.
Japan Times
BUSINESS / Economy
Nov 8, 2022
More developing countries refinancing debt in green deals to tackle climate change
Collectively, 58 of the world's developing countries most vulnerable to climate change have almost half a trillion of debt servicing payments due in the next four years.
Japan Times
BUSINESS
Jul 12, 2022
Fossil fuel deals aren’t worth it for banks, climate group says
For 22 leading global banks, revenue from arranging bond sales for coal, oil and gas companies represents an estimated 0.01% to 0.06% of their total corporate debt underwriting fees.
Japan Times
WORLD / Science & Health
Apr 5, 2022
A Paris Agreement architect is now terrified by lack of climate action
'I don't have words to explain. u2018Concerning' is not enough. This is frankly a terrifying report,” Costa Rican diplomat Christiana Figueres said.

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals