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Global one-day temperature spikes above 2C for first time: EU monitor

The global average temperature on Friday was more than two degrees Celsius hotter than pre-industrial levels for the first time on record, Europe's Copernicus climate monitor said Monday.  And global average temperatures since January have been the highest in records going back to 1940, the monitor added, registering 1.43C above the 1850-1900 pre-industrial average.  ....

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U.S. Treasury: Banks' 'net zero' pledges must align with temperature limits

NEW YORK (Reuters) -"Net-zero" financing commitments from banks and asset managers should align with goals to limit the global average temperature increase to 1.5 degrees Celsius and be backed by "credible" metrics and targets, the U.S. Treasury said on Tuesday. The Treasury released a document setting out new principles as world leaders, celebrities and business moguls, converged on Manhattan to focus attention on the climate crisis during the U.N. General Assembly week. It aims to promote consistency, credibility and transparency across net-zero pledges by financial institutions. ....

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