Global South needs $2 trillion a year to tame, cope with climate
9 Nov 2022
Developing and emerging countries - excluding China - need investments well beyond $2 trillion annually by 2030 if the world is to stop the global warming juggernaut and cope with its impacts, according to a UN-backed report released Tuesday.
A trillion dollars should come from rich countries, investors and multilateral development banks, said the analysis commissioned by Britain and Egypt, hosts respectively of the 2021 UN climate summit in Glasgow and this week's COP27 event in Sharm el-Sheikh.
... login or subscribe for full story
Nations agree on carbon-pricing system to steer shipping towards net-zero
14 Apr 2025
Nations have agreed to introduce a worldwide carbon-pricing system for international shipping to drive the sector towards net-zero emissions by 2050.
COP30 president vows to defend global climate fight
28 Mar 2025
Brazil's UN COP30 president on Tuesday said that this year's summit would aim to defend climate action by governments against "serious" geopolitical challenges, while also pushing the private sector to contribute more to the fight.
Glacier melt threatens water supplies for two billion people, UN warns
26 Mar 2025
Climate change and “unsustainable human activities” are driving “unprecedented changes” to mountains and glaciers, threatening access to fresh water for more than two billion people, a UN report warns.
COP29 chief exec filmed promoting fossil fuel deals
11 Nov 2024
A senior official at COP29 climate change conference in Azerbaijan appears to have used his role to arrange a meeting to discuss potential fossil fuel deals.
Azerbaijan is using COP29 to ‘peacewash’ its global image
3 Oct 2024
Azerbaijan is hosting the next UN climate summit, COP 29, in November. Their proposed agenda omits discussions on phasing out fossil fuels and excludes civil society participation.
COP28: Key outcomes for food, forests, land and nature at the UN climate talks in Dubai
19 Dec 2023
Agriculture and food were very much on the menu at COP28 in Dubai, with both voluntary pledges and negotiated texts beginning to reflect their central role in climate change.
COP28 president says his firm will keep investing in oil
18 Dec 2023
Sultan Al Jaber says Adnoc has to meet demand for fossil fuels, and hails ‘unprecedented’ Cop deal.
From ‘depressed’ to a milestone: How the climate deal came together
18 Dec 2023
“There were times in the last 48 hours where some of us thought this could fail,” US climate envoy John Kerry said later.
Examining COP28's potential impact on climate change
18 Dec 2023
Once the gavel came down in Dubai, the warm words flowed - but will it really have an impact on climate change?
How COP28 fell short
18 Dec 2023
Two weeks of talks aimed at securing an international consensus on a phase-out of fossil fuels have ended with a statement that critics say does little to advance the urgent work of averting a climate catastrophe.
