When jubilant government negotiators signed the Paris agreement in 2015, they agreed to hold a global stocktake at the end of 2023 of how the fight against climate change is going.
That time has now come and the verdict is not good. The UN climate chief Simon Stiell told reporters last month “we are far from where we need to be as a global community” and the “window of opportunity is rapidly closing”.
He called for a “course correction”. Governments will debate what that entails at the Cop28 climate summit 30 November-12 December.
But it’s not just governments that will decide our fate. Businesses have the power to get the world’s emissions down too. And part of the response to the global stocktake is increasing transparency and accountability around corporate action.
UK aid cuts leave Malawi vulnerable to droughts and cyclones
Kaveh Guilanpour is a vice president at the Center for Climate and Energy Solutions. “2024 really needs to see an effective response to the outcomes of the global stocktake so that it doesn’t remain words on paper,” he said.
Governments may agree at Cop28 to triple renewable energy capacity and double energy efficiency by 2030 and phase out fossil fuels by mid-century.
“The corporate world needs to see that clear signal,” Guilanpour said, and could work with governments and organisations like the International Renewable Energy Agency to map out those transitions.
Equally, voluntary corporate initiatives like RE100, under which members commit to getting 100% of their electricity from renewables, bolster political will to aim high. The initiative calculates its 400+ members collectively use more electricity than France. They’ve got buying power.
Outdoor clothing brand Patagonia is aiming to cut its direct emissions (scope 1&2) 80% from 2017 levels by 2030, and indirect emissions (scope 3) by 55% (Photo credit: Ajay Suresh)
Business knows
As the head of climate solutions at business research firm Morningstar Sustainalytics, Anya Solovieva talks often with investors and the upper echelons of the corporate world.
Over a full English breakfast at a private members club in London’s financial centre, she told Climate Home that “there is an awareness of the global stocktake, I think investors are watching”.
But, she added, investors see 1.5C as “a minimum as opposed to a goal” and for them “it actually doesn’t necessarily have that big of an impact if we move from 1.5[C] to 1.6[C], the reality is that the transition is happening”.
For the people that will suffer from the extra climate disaster, the difference between 1.5C and 1.6C matters hugely. But for either target, the solution for businesses is the same – get emissions down as fast as possible.
Solovieva said that corporations’ managements are aware of this need to reduce emissions to net zero.
The UAE’s answer
For most companies, that is a decades-long project which will far outlast any CEO or sustainability lead.
That’s why initiatives have sprouted up in recent years asking businesses to commit to setting and meeting targets.
The latest comes from the United Arab Emirates’ Cop28 presidency, which is asking firms to sign a Net Zero Transition Charter (NZTC).
In a statement, the Cop28 presidency said the charter follows September’s technical report from the global stocktake “which showed that the world is off track to keeping the goals of the Paris agreement alive”.
By signing the charter, companies are promising to “publicly set 1.5C-aligned, science-based, credible and transparent net zero 2050 and interim emissions reduction targets”.
This can be through a “net zero-aligned national pledge” or by signing up for an existing programme like the Science-Based Targets initiative (SBTi), Race to Zero or 2050 Pathways.
Over 250 companies have already registered targets judged 1.5C-compatible by SBTi including beer brewer Heineken, toy-maker Hasbro and fashion brand Burberry.
Toy-maker Hasbro has climate plans judged 1.5C-compatible by the Science Based Targets initiative (Photo credit: Inside the Magic)
To be compatible with the NZTC, they must also produce a “credible” net zero transition plan within a year of Cop28 and publicly report their emissions and progress on their transition plan.
Companies that do this will be praised on the Cop28 website and will be able to boast of their involvement in their marketing materials.
Cop28 president Sultan Al-Jaber said “the private sector’s engagement in Cop28 – their resources, expertise, and commitment – is vital in driving real-world action”.
The charter will further enable them to ” take meaningful action on climate, track progress and be held accountable”.
Greenwashing risk
The NZTC builds upon the work of a 16-person taskforce convened by the UN chief Antonio Guterres to tackle corporate greenwash.
At Cop27 in Egypt last year, the taskforce launched its recommendations. Its chair Catherine McKenna told a packed tent that “too many of these net zero pledges represent little more than empty slogans and hype”.
UN head Antonio Guterres talks with Catherine McKenna (left) and other taskforce members (Photo credit: UN Climate Change)
Some recommendations from the McKenna taskforce have been adopted by the Cop28 presidency. Both say that firms should should support a just transition, align their lobbying with their climate commitments and leave trade associations whose activities aren’t compatible with 1.5C of warming.
Other taskforce recommendations are absent from the NZTC. The taskforce said that companies “cannot claim to be net zero while continuing to build or invest in new fossil fuel supply”. The Cop28 presidency left this out.
Cop28 president Sultan Al-Jaber is the head of the Abu Dhabi National Oil Company. The company has a net zero by 2045 target but only for its operational emissions – not the much larger carbon impact of customers burning its products. It is set to spend $1 billion every month this decade on oil and gas production.
Bill Hare was one of the members of the UN taskforce. He accused the NZTC of being soft on investment in fossil fuels, use of carbon credits and of relying on weak voluntary standards.
“It’s a mild form of greenwashing,” he said. “They’re providing the opportunity for companies to do yet again what they’ve done in other context – to claim they’re going to net zero when no one really knows whether they are or not.”
Building on UN taskforce
After the McKenna taskforce reported, the UN’s head Guterres asked the UN climate change arm to move forward on its recommendations.
They tasked Bing Leng from China and Sarah Bloom-Raskin from the USA to lead consultations on how to do that and they will report back at Cop28.
Indonesia delays coal closure plans after finance row with rich nations
At the same time, the UN is developing a climate action portal. This will be a website which aims to put all corporate net zero targets in one place so that the public can look at them and compare them.
“That’s an essential element if the average person wants to access the data that tells you what’s really going on and have confidence that it’s real data,” Hare said.
He said that progress had been slow but it is “getting off the ground” now and more is likely to be revealed at Cop28.
The post How can corporates ‘course correct’ on climate? appeared first on Climate Home News.
https://www.climatechangenews.com/2023/11/28/how-can-corporates-course-correct-on-climate/
It’s been less than 20 years since baby food in plastic pouches first appeared on supermarket shelves. Since then, these convenient and popular “squeeze-and-suck” products have become the dominant packaging for baby food, transforming the way that millions of babies are fed around the world. But emerging evidence raises concerns that big food brands are feeding our children plastic pollution with unknown consequences, by selling baby food in flexible plastic packaging.
Testing commissioned by Greenpeace International in 2025 found plastic particles in the baby food products of two global consumer goods companies – Danone and Nestlé. The study suggests a link between the type of plastic the pouches are lined with – polyethylene – and some of the microplastics found. Tests also suggest a range of plastic-associated chemicals in the packaging and food of both products.
Sign the petition for a strong Global Plastics Treaty
Governments around the world are now negotiating a Global Plastics Treaty – an agreement that could solve the planetary crisis brought by runaway plastic production. Let’s end the age of plastic – sign the petition for a strong Global Plastics Treaty now.
Climate Change
U.N. General Assembly Embraces Court Opinion That Says Nations Have a Legal Obligation to Take Climate Action
The U.S. was among eight countries that voted against endorsing the nonbinding ruling that said all nations must take steps to limit temperature rise to 1.5 degrees Celsius.
The United Nations General Assembly on Wednesday voted overwhelmingly in favor of a climate justice resolution championed by the small Pacific Island nation of Vanuatu. The resolution welcomes the historic advisory opinion on climate change issued by the International Court of Justice in July 2025 and calls upon U.N. member states to act upon the court’s unanimous guidance, which clarified that addressing the climate crisis is not optional but rather is a legal duty under multiple sources of international law.
The number of new coal-fired power plants built around the world hit a “10-year high” in 2025, even as the global coal fleet generated less electricity, amid a “widening disconnect” in the sector.
That is according to the latest annual report from Global Energy Monitor (GEM), which finds that the world added nearly 100 gigawatts (GW) of new coal-power capacity in 2025, the equivalent of roughly 100 large coal plants.
It adds that 95% of the new coal plants were built in India and China.
Yet GEM says that the amount of electricity generated with coal fell by 0.6% in 2025 – with sharp drops in both China and India – as the fuel was displaced by record wind and solar output, among other factors.
The report notes that there have been previous dips in output from coal power and there could still be ups – as well as downs – in the near term.
For example, nearly 70% of the coal-fired units scheduled to retire globally in 2025 did not do so, due to postponements triggered by the 2022 energy crisis and policy shifts in the US.
However, GEM says that the underlying dynamics for coal power have now fundamentally shifted, as the cost of renewables has fallen and low usage hits coal profitability.
China and India dominate growth
In 2025, coal-capacity growth hit a 10-year high, with 97 gigawatts (GW) of new power plants being added, according to GEM.
(Capacity refers to the potential maximum power output, as measured in GW, whereas generation refers to power actually generated by the assets over a period of time, measured in gigawatt hours, GWh.)
This is the highest level since 2015 when 107GW began operating, as shown in the chart below. This makes 2025 the second-highest level of additions on record.
The majority of this growth came from China and India, which added 78GW and 10GW, respectively, against 9GW from all other countries.
Yet GEM points out that, even as coal capacity in China grew by 6%, the output from coal-fired power plants actually fell 1.2%. This means that each power plant would have been running less often, eroding its profitability. Similarly, capacity in India grew by 3.8%, while generation fell by 2.9%.
China and India had accounted for 87% of new coal-power capacity that came into operation in the first half of 2025. The shift up to 95% in the year as a whole highlights how increasingly just those two countries dominate the sector, GEM says.
Christine Shearer, project manager of GEM’s global coal plant tracker, said in a statement:
“In 2025, the world built more coal and used it less. Development has grown more concentrated, too – 95% of coal plant construction is now in China and India, and even they are building solar and wind fast enough to displace it.”
Both China and India saw solar and wind meet most or all of the growth in electricity demand last year.
Analysis for Carbon Brief last year showed that, in the first six months of 2025 alone, a record 212GW of solar was added in China, helping to make it the nation’s single-largest source of clean-power generation, for example.
However, the country continues to propose new coal plants. In 2025, a record 162GW of capacity was newly proposed for development or reactivated, according to GEM. This brought the overall capacity under development in the country to more than 500GW.
China’s 15th “five-year plan”, covering 2026-2030, had pledged to “promote the peaking” of coal use, while a more recent pair of policies introduced stricter controls on local governments’ coal use.
For its part, in India some 28GW of new coal capacity was newly proposed or reactivated last year, bringing the total under development to 107.3GW and under-construction capacity to 23.5GW.
The Indian government is planning to complete 85GW of new coal capacity in the next seven years, even as clean-energy expansion reaches levels that could cover all of the growth in electricity demand.
Outside of China and India, GEM says that just 32 countries have new coal plants under construction or under development, down from 38 in 2024.
Countries that have dropped plans for new coal in 2025 include South Korea, Brazil and Honduras, it says. GEM notes that the latter two mean that Latin America is now free from any new coal-power proposals.
This means that both electricity generation from coal and the construction of new coal-fired power plants are increasingly concentrated in just a few countries, as the chart below shows.
Indonesia’s coal fleet grew by 7% in 2025 to 61GW, with a quarter of the new capacity tied to nickel and aluminium processing, according to GEM.
Turkey – which is gearing up to host the COP31 international climate summit in November – has just one coal-plant proposal remaining, down from 70 in 2015.
The amount of new coal capacity that started to operate in south-east Asia fell for the third year in a row in 2025, according to GEM.
Countries in south Asia that rely on imported energy are increasingly looking to other technologies to protect themselves from fossil-fuel shocks, such as Pakistan, which is rapidly deploying solar, states the GEM report.
In Africa, plans for new coal capacity are concentrated in Zimbabwe and Zambia, the report shows, with the two countries accounting for two-thirds of planned development in the region.
‘Persistence of policies’
While new coal plants are still being built and even more are under development, GEM notes that the global electricity system is undergoing rapid changes.
Crucially, the growth of cheap renewable energy means that new coal plants do not automatically translate into higher electricity generation from coal.
Without rising output from coal power, building new plants simply results in the coal fleet running less often, further eroding its economics relative to wind and solar power.
Indeed, GEM notes that electricity generation from coal fell globally in 2025. Moreover, a recent report by thinktank Ember found that renewable energy overtook coal in 2025 to become the world’s largest source of electricity.
GEM notes that coal generation may fluctuate in the near term, in particular due to potential increases in demand driven by higher gas prices.
It adds that gas price shocks, such as the one triggered by the Iran war, can cause temporary reversals in the longer-term shift away from coal.
According to Carbon Brief analysis, at least eight countries announced plans to either increase their coal use or review plans to transition away from coal in the first month of the Iran war. However, a much-discussed “return to coal” is expected to be limited.
GEM’s report highlights that global fossil-fuel shocks can have an impact on the phase out of coal capacity over several years.
In the EU, for example, 69% of planned retirements did not take place in 2025, due to postponements that began in the 2022-23 energy crisis triggered by the Russian invasion of Ukraine, according to the report. Countries across the bloc chose to retain their coal capacity amid gas supply disruptions and concerns about energy security.
Yet coal-fired power generation in the bloc is now more than 40% below 2022 levels. Again, this highlights that coal capacity does not necessarily translate into electricity generation from coal, with its associated CO2 emissions.
Overall, GEM notes that “repeated exposure to fossil-fuel price volatility is as likely to accelerate the shift toward clean energy as it is to delay it”.
GEM’s Shearer says in a statement:
“The central challenge heading into 2026 is not the availability of alternatives, but the persistence of policies that treat coal as necessary even as power systems move increasingly beyond it.”
In the US, 59% of planned retirements in 2025 did not happen, according to GEM. This was due to government intervention to keep ageing coal plants online.
Five coal-power plants have been told to remain online through federal “emergency” orders, for example, even as the coal fleet continues to face declining competitiveness.
Keeping these plants online has cost hundreds of millions of dollars and helped drive an annual increase in the average US household electricity prices of 7%, according to GEM.
Despite such measures, Trump has overseen a larger fall in coal-fired power capacity than any other US president, according to Carbon Brief analysis.
Meanwhile, according to new figures from the US Energy Information Administration, solar and wind both set new records for energy production in 2025.
Despite challenges with policy and wider fossil-fuel impacts, the underlying dynamic has shifted, says GEM, as “clean energy becomes more competitive and widely deployed” around the world.
It adds that this raises the prospect of “a more sustained decoupling between coal-capacity growth and generation, particularly if clean-energy deployment continues at current rates”.
The post New coal plants hit ‘10-year’ global high in 2025 – but power output still fell appeared first on Carbon Brief.
New coal plants hit ‘10-year’ global high in 2025 – but power output still fell
REPORT: The Hidden Risks of Plastic Pouches for Baby Food
U.N. General Assembly Embraces Court Opinion That Says Nations Have a Legal Obligation to Take Climate Action
New coal plants hit ‘10-year’ global high in 2025 – but power output still fell
-
Climate Change9 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases9 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Renewable Energy7 months agoSending Progressive Philanthropist George Soros to Prison?
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
-
Greenhouse Gases10 months ago
嘉宾来稿：探究火山喷发如何影响气候预测