Thursday, 8 May 2025

Focus on Govt of EU

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G20 Leaders Summit 2024: Advancing the climate finance agenda

20 November 2024 • The G20 Leaders’ Summit in Rio de Janeiro proved multilateralism still prevails despite ongoing geopolitical rifts. • G20 leaders reaffirmed...

Visitors look at a video about battery-powered ships in the showroom at the headquarters of Chinese EV battery maker CATL in Ningde, Fujian province.
Climate FinanceElectric Vehicles (EVs)EmissionsEnvironmentNewsPoliticsSolarTradeUnited Nations

As Trump returns, China seizes chance for climate mantle

With Trump expected to take the U.S. out of climate diplomacy, China positions itself as a global climate leader at COP29.

A man stands next to the logo of the COP29 United Nations climate change conference, in Baku, Azerbaijan November 20, 2024. REUTERS/Maxim Shemetov/File Photo
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Climate finance talks face ‘hardest’ stage as COP29 nears end-game

COP29 finance talks heat up as negotiators tackle funding for climate adaptation, clean energy, and emission cuts amid a Friday deadline.

A view shows the ExxonMobil oil refinery in Port-Jerome-sur-Seine, France.
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Oil majors are betting big on biofuels with over 40 projects by 2030, Rystad says

Major oil and gas companies plan 43 biofuel projects by 2030, boosting SAF production to cut emissions.

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Multilateral development bank climate finance: The good, bad and the urgent

MDBs delivered a record $125B in climate finance in 2023, but adaptation funds lag; reforms and concessionality remain crucial.

Delegates listen to speeches at COP29 in Baku (AFP)
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Europe’s pivotal role in bid to strike COP29 climate deal

The EU emerges as a key player at COP29, bridging gaps with China and poorer nations while pushing for scaled-up climate finance and...

People walk at the entrance of the venue of the United Nations climate change conference COP29, in Baku, Azerbaijan.
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Beyond B-loans? Development banks seek private money for climate change fight

An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.

Yalchin Rafiyev, Azerbaijan's COP29 lead negotiator, speaks during an interview with The Associated Press at the COP29 U.N. Climate Summit, Tuesday, Nov. 19, 2024, in Baku, Azerbaijan. (AP Photo/Sergei Grits)
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Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it

Rich nations at COP29 face pressure to boost climate finance, balancing loans, grants, and leverage amid fears of debt for poorer nations.

A silhouette of people sat in a large room looking at a blue-lit screen with 'COP29' on display.
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Finance and business deals announced at COP29 climate talks

The latest global climate talks in Baku drew 60,000 delegates, including many from business and finance — here are a few key deals made.

General view of the new floating LNG gas terminal.
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Biden officials ask EU to align methane rules with US to ease LNG flows, letter says

Biden asks EU to accept U.S. LNG meeting U.S. methane rules as meeting EU standards.

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