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The Nation, check out our latest issue. Subscribe to Support Progressive Journalism The Nation is reader supported: Chip in $10 or more to help us continue to write about the issues that matter. Sign up for our Wine Club today. Did you know you can support The Nation by drinking wine? To slow the pace of climate change, scientists say we will have to leave as much as 80 percent of global fossil fuel reserves in the ground. But a left-wing candidate’s surprising loss in Ecuador’s recent election shows how the demand to end oil and mineral production in the Global South can put pro...

Share Unwanted natural gas is burnt at an oil processing plant on the Napo River near Coca and the Yasuní National Park in Ecuador's Amazon (image: Alamy) Leaders of the Waorani village of Miwaguno in Ecuador's Orellana province have filed a lawsuit against PetroOriental SA, a subsidiary of China National Petroleum Corporation (CNPC) and China Petrochemical Corporation (SINOPEC), arguing that the climate change impacts of gas flaring and venting during oil extraction are “an ongoing, persistent violation of human rights and nature”. The case, launched in December, is also being brought b...

Biden vows US will work with Russia on climate Fiona Harvey Environment correspondent © Provided by The Guardian Photograph: Alexei Druzhinin/AP The US will work with Russia on ways to combat the climate crisis, President Joe Biden has announced, saying he looked forward to joint efforts and was “very heartened” by the country’s call for collaboration on new technologies such as carbon removal. But though Russia’s president Vladimir Putin insisted he was “genuinely interested in galvanising international cooperation so as to look further for effective solutions to...

The financial sector faces growing pressure to cut support to companies involved in deforestation. With researchers arguing that banks are in a unique position to encourage sustainable practices among clients and across supply chains, John Basquill examines how emerging technology is opening new opportunities for trade finance lenders looking to go green.   Deforestation remains a major challenge for financial institutions, particularly those involved in supporting exports from rainforest-covered areas of South America. Though most lenders have overhauled policies on environmental issues, r...

Cattle-driven clearing continues in Brazil’s Triunfo do Xingu protected area by Liz Kimbrough on 16 April 2021 Triunfo do Xingu Environmental Protection Area lies in the ecologically rich Xingu Basin in the Brazilian Amazon and spans some 1.7 million hectares (4.2 million acres) — an area more than half the size of Belgium. Despite its protected status, the area has been heavily deforested, losing 476,000 hectares (1.18 million acres) of humid primary forest between 2006 and 2020, according to satellite data from the University of Maryland (UMD), a 32% decrease in total forest cover. 202...