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News Support grows for global tax on shipping emissions to fund climate action 16 January 2025. News Shipping-reliant nations like Panama and Liberia have joined the EU, Japan and small islands in backing an emissions levy
What was decided at the COP29 climate summit in Baku?
Nov 27, 2024 · A watered-down draft text proposed to “reaffirm” last year’s pledge without calling out fossil fuels by name, and also emphasised the role of “transitional fuels” – which could be interpreted to mean fossil gas.. Latin American countries, developed countries and small islands opposed this text, meaning that the talks on the dialogue had …
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COP29 Bulletin Day 10: Draft finance text missing numbers, more …
Nov 21, 2024 · Countries lament “unworkable” texts as COP29 enters “endgame” As a plenary session – called a “Qurultay” according to local tradition – got underway for countries to give their views on the new texts, the Azeri presidency noted in its statement that COP29 is “now in the endgame”, adding “we believe that a breakthrough in Baku is in sight”.
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Azerbaijan appoint state oil company veteran as Cop29 president
Apr 1, 2024 · Azerbaijan's environment minister and state oil company veteran Mukhtar Babayev will be the president of the Cop29 climate talks.
"Shameful": Shell uses suspect carbon credits to meet climate targets
Feb 2, 2024 · But opinions from experts and scientific literature suggest that lots of farmers already employ this technique across China, encouraged by the central government. So they do not need incentives from carbon credit to do so. Carbon credit rating agency BeZero Carbon has given a Chinese rice cultivation project similar to Shell’s its lowest possible score.
In numbers: reports dive into the state of the climate in 2024
Nov 11, 2024 · The UN Environment Programme (UNEP) titled this year’s Adaptation Gap Report “Come hell and high water”, underscoring the need to step up efforts to make economies and societies more resilient to climate change impacts. It also highlights the devastating consequences the world could face at the 2.6-3.1 degrees Celsius of warming projected this century without larger cuts to greenhouse ...
Green Climate Fund looks at capital-market borrowing to meet …
3 days ago · The UN’s Green Climate Fund (GCF) is considering borrowing money from banks and other investors in order to meet a goal set by governments at COP29 in November to increase spending by a group of funds that support developing countries. At the talks in Baku, under pressure from small island nations ...
Fossil fuel transition talks rescued from brink of collapse at COP29
Nov 18, 2024 · COP29 talks on measures to cut emissions and progress a landmark agreement on “transitioning away from fossil fuels” had to be rescued from the brink of collapse by the COP presidency after opposition from oil-rich Saudi Arabia and some other developing countries.