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paint drippings art industry news nov 14 2713592

This week's art industry roundup covers major developments across auctions, galleries, and art fairs. Highlights include $1.6 billion in art heading to auction at Christie's, Sotheby's, and Phillips in New York; the sale of the 'Mellon Blue' diamond for $25 million at Christie's Geneva; and the Vanderbilt jewels fetching $4.2 million at Phillips Geneva. In galleries, Sperone Westwater faces possible closure or major transformation after 50 years, while Upsilon Gallery opens a new space in Milan. The IFPDA Print Fair rebrands and expands to include drawings, and Abu Dhabi Art will relaunch as Frieze Abu Dhabi next year. The Gallery Climate Coalition reports that 80% of its members have cut carbon emissions by over 25% since 2019.

paint drippings art industry news nov 14 2713592

This week's art industry roundup covers major developments across auctions, galleries, and art fairs. Highlights include $1.6 billion in art heading to auction at Christie's, Sotheby's, and Phillips in New York; the sale of the 'Mellon Blue' diamond for $25 million at Christie's Geneva; and the Vanderbilt jewels achieving $4.2 million at Phillips Geneva. In galleries, Sperone Westwater faces possible closure or transformation after 50 years, while Upsilon Gallery opens a new space in Milan. The IFPDA Print Fair expands to include drawings and rebrands, and Abu Dhabi Art will relaunch as Frieze Abu Dhabi next year. The Gallery Climate Coalition reports significant emissions reductions among its members.

gallery climate coalition carbon five year report 1234761939

The Gallery Climate Coalition (GCC), a London-based organization with 2,000 members across 60 countries, released a report titled "Five-Year Review of Climate Action in the Visual Arts" during London Art+Climate Week, timed with the UN climate summit Cop30 in Brazil. The report reveals that 80 percent of members who began tracking their carbon footprint in 2019 have reduced their impact by 25 percent, and are on track to cut emissions by 50 percent by 2030. Key sources of emissions include shipping, air travel, and energy use, accounting for 80 to 95 percent of members' carbon output. Christie's London, which hosted a launch event, reported a 69 percent reduction in emissions from 2019 to 2024 through renewable energy and reduced catalog publishing.

Comment | Frieze galleries have committed to climate donations—now it's time for the art world to pack in its private jets

A new initiative called 10% Of launches at Frieze London and Frieze Masters, inviting galleries to donate 10% of the sale price of designated works to the Gallery Climate Coalition (GCC), an international art world environmental charity. Nearly thirty galleries have signed up, including major names like Gagosian, White Cube, David Zwirner, and Lisson, as well as smaller venues. The scheme aims to reframe a standard art market gesture into collective climate action, with participating works ranging from £3,000 to £150,000 and including pieces by artists such as Cy Twombly, Jean Dubuffet, Cornelia Parker, and Ugo Rondinone.

Comment | Frieze galleries have committed to climate donations—now it's time for the art world to pack in its private jets

A new initiative called 10% Of launches at Frieze London and Frieze Masters, inviting galleries to donate 10% of the sale price of designated works to the Gallery Climate Coalition (GCC). Nearly thirty galleries have signed up, including Gagosian, White Cube, David Zwirner, and Lisson, with works priced from £3,000 to £150,000. The scheme reframes a standard market gesture into an act of giving, offering extra visibility at the fair while supporting sector-wide climate action.

Comment | Frieze galleries have committed to climate donations—now it's time for the art world to pack in its private jets

A new initiative called 10% Of launches at Frieze London and Frieze Masters, inviting galleries to donate 10% of the sale price of designated works to the Gallery Climate Coalition (GCC), an international art world environmental charity. Nearly thirty galleries have signed up, including Gagosian, White Cube, David Zwirner, and Lisson, with works priced from £3,000 to £150,000. The scheme aims to reframe a standard art market gesture into collective climate action, with participating galleries displaying their GCC membership status on booth signs.

Comment | Bristol's Spike Island has become an environmental beacon—here's why it makes financial sense for others to follow suit

Spike Island, a creative hub in Bristol housed in a historic tea packing factory, has been recognized by the Gallery Climate Coalition (GCC) as a model of environmentally sustainable practice. After an energy audit revealed that 85% of its emissions and running costs came from heating the leaky 1950s building, the organization installed solar panels and began a major retrofit. Since March, the panels have saved 6,000 kilograms of CO2, and further upgrades—including heat pumps and insulation—are planned as part of a long-term capital masterplan developed with Max Fordham and 6a Architects.

Comment | Bristol's Spike Island has become an environmental beacon—here's why it makes financial sense for others to follow suit

Spike Island, a creative hub in Bristol housed in a historic tea packing factory, has become a model for environmental sustainability in the art world. Its director Nicole Yip commissioned an energy report during the Covid-19 pandemic, which revealed that 85% of the organization's emissions and a large portion of its running costs were due to heat loss through the roof. In response, Spike Island replaced the roof and installed solar panels, which have already saved 6,000 kilograms of CO2 emissions since March. The upgrades are now part of a larger capital masterplan developed with Max Fordham and 6a Architects, aiming to reduce heat loss by 50% over the next decade.

Sustainability charity Gallery Climate Coalition launches new consultancy to support climate action

The Gallery Climate Coalition (GCC), a sustainability charity founded in London in 2020, has launched a new consultancy called Climate Action Services International (Casi) to help galleries, museums, and cultural organizations turn climate commitments into measurable action. Casi offers services such as carbon auditing, decarbonisation strategies, governance advice, and staff training, and follows a pilot phase working with institutions including English Heritage, Hauser & Wirth, and Art Fund. The consultancy is structured as a mission-driven social enterprise that will reinvest 51% of its profits into GCC.