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While promoting “Paris-aligned” green investing, JP Morgan’s “green” funds have funneled over $4 billion to the fossil-fuel majors, betraying the firm’s promises and undermining efforts to achieve net zero.

There is New York Times coverage as well

The paper is here

• Combu Island is already warmer and drier than 40 years ago, leading to declining yields in açaí crops.
• The Guamá River surrounding Combu is now experiencing unusual and prolonged periods of rising salinity, which impacts water quality and affects local aquatic life.
• Local islanders expect COP30 to move beyond rhetorical discussions on measures to mitigate the damage that has already been done to places like Combu.

A growing body of scientific evidence now suggests that, due to rapidly increasing greenhouse gas emission levels in the atmosphere, the world is on track to overshoot the Paris Agreement’s 1.5C target within the next three years, pushing the planet beyond a critical threshold faster than previously feared.

The dire warning comes from the most up-to-date assessment of the state of global warming, led by a group of international researchers and published in Earth System Science Data earlier this month. The report was signed by over 60 scientists across 17 countries.