Despite the increase in solar and wind power, carbon emissions are projected to pick up in 2021 after a 2.4 gigatonne (Gt) drop in 2020, and to exceed 2019 levels in 2027 before growing to 36 Gt in 2030, it added.

The IEA said gaps remain in many cases between long-term ambitions and specific near-term plans to curb emissions.

U.N. chief urges development banks to stop financing fossil fuel projects

Oct 13, 2020

United Nations Secretary-General Antonio Guterres urged a virtual meeting of a coalition of finance ministers and economic policymakers from dozens of countries to ensure development banks phase out fossil fuel investments, rapidly scale up support for renewable energy, and back projects to help those most exposed to the impacts of climate change.

Enforcement against foreign bribery down sharply since 2018 – group

Oct 13, 2020

“Too many governments choose to turn a blind eye when their companies use bribery to win business in foreign markets,” said Delia Ferreira Rubio, chair of the group.

A collapse of global tax talks could cost $100 billion, says OECD

Oct 13, 2020

The aim is update international tax rules for the age of digital commerce, in particular to discourage big Internet companies like Google, Facebook and Amazon from booking profits in low-tax countries like Ireland regardless where their customers are.

In the absence of a new international rulebook, a growing number of governments are planning theirIn the absence of a new international rulebook, a growing number of governments are planning their own digital services taxes, which has prompted threats of trade retaliation from the Trump administration.

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