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Brazil Advances in Climate Change Litigation

Legal Planet

The Amazon rainforest on the Urubu River. Climate litigation is gaining momentum in Brazil as a tool to protect the Amazon rainforest from illegal deforestation. The Brazilian court became the world’s first to give this status to the Paris Agreement, setting an important precedent for Brazil and the world.

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Memo to JPMorgan Chase Shareholders: Stop Banking on Climate Chaos

Union of Concerned Scientists

Banks are still fanning the flames According to the 2023 edition of Banking on Climate Chaos , released this week, the world’s 60 largest banks spent $673 billion on fossil fuel financing in 2022 and $5.5 trillion in the seven years since the adoption of the Paris climate agreement.

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Emergency?

Legal Planet

According to the Center for International Environmental Law as of April 2023, the World Bank “has financed and incentivized up to $165 billion in fossil fuel investments since the Paris Agreement was signed [in 2015].” Right now, in 2023, that does not exist. trillion or 6.8