Saturday, 5 April 2025

Spotlight: COP29

The 2024 United Nations Climate Change Conference will be held in Baku, Azerbaijan November 11 to 22. This is the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), commonly known as COP29. Mukhtar Babayev will preside over COP29; Samir Nuriyev heads the Organising Committee.

Inger Andersen, Executive director of the United Nations Environment Programme speaks at the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024. REUTERS/Denis Balibouse/File Photo
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Developing world faces multi-billion climate adaptation cash gap, U.N. report says

Developing nations need $359B yearly to adapt to climate change, yet funding in 2022 hit only $28B, a UNEP report shows.

FILE PHOTO: Damaged solar panels are seen after the area was hit by Hurricane Maria in Humacao, Puerto Rico September 22, 2017. REUTERS/Carlos Garcia Rawlins/File Photo
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Renewable energy offers a cost and opportunity to insurance sector

Renewable energy insurance premiums have surged 20-40 per cent amid soaring claims from extreme weather, stressing insurers’ ESG roles.

FILE PHOTO: A woman walks past a sign of the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov/File Photo
ClimateElectionsEmissionsEnvironmentNewsPolitics

Trump win worries international partners ahead of COP29 climate summit

President Donald Trump won a decisive victory over Vice President Kamala Harris in the November 6. U.S. election.

FILE PHOTO: A view shows a sign of the COP29 United Nations Climate Change Conference with a backdrop of the cityscape in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov/File Photo
ClimateEmissionsNewsOil

UAE pledges to cut emissions by 47% by 2035

The UAE is still planning to increase fossil fuel production and consumption by 2030.

FILE PHOTO: A view shows a sign of the COP29 United Nations Climate Change Conference with a backdrop of the cityscape in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov/File Photo
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COP29: What are the key issues at the UN climate summit in Baku?

COP29 in Baku aims to set new climate finance goals, address fossil fuel cuts, and define carbon market rules amid global tensions.

FILE PHOTO: A fish carcass is seen on a sandbank that emerged in the middle of the Solimoes River in the Amazon Basin, which is suffering from the worst drought on record, near Manacapuru, Amazonas state, Brazil September 20, 2024. REUTERS/Jorge Silva/File Photo
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2024 will be world’s hottest on record, EU scientists say

2024 is set to become the hottest year on record, intensifying calls for stronger climate action at COP29 in Azerbaijan.

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Green by Iceland at COP29: Iceland Offers Blueprint for Renewable Energy Success and Collaborative Climate Solutions

REYKJAVÍK--(BUSINESS WIRE)--Iceland’s business delegation is heading to COP29 in Baku, Azerbaijan, to share its proven expertise in 100% renewable energy in electricity and...

Then-president Donald Trump attends the 2019 UN Climate Action Summit in New York (AFP)
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Trump’s climate denial and green rollbacks poised to fuel warming

Trump’s victory returns a climate denier to the White House, threatening green policies and global warming efforts.

A woman walks past a sign of the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov/File Photo
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Deadlock over climate finance is undermining Paris agreement, Singapore minister says

Efforts to persuade more countries to contribute to a new global climate financing initiative risks undermining the Paris agreement.

FILE PHOTO: A view shows a sign of the COP29 United Nations Climate Change Conference with a backdrop of the cityscape in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov/File Photo
Carbon ManagementClimateClimate FinanceEmissionsNewsPoliticsRegulationsTrade

China wants talks on trade measures at COP29 climate summit, document shows

China has called for talks on carbon border taxes and other restrictive trade measures at next week's COP29 climate summit.

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