Saturday, 22 February 2025

Focus on Govt of Saudi Arabia

FILE PHOTO: A drone view shows cityscape in Riyadh, Saudi Arabia - December 1, 2024 REUTERS/Mohammed Benmansour/File Photo
BusinessCarbon ManagementNewsSolarWind

Saudi Arabia’s non-oil private sector keeps growing solidly in December, PMI shows

Saudi Arabia's non-oil private sector ended 2024 strong, highlighting progress under 'Vision 2030.'

From left, Tony Agotha, Special Envoy for Climate and Environment Diplomacy of European External Action Service, Sivendra Michael, Permanent Secretary for Environment and Climate Change of Fiji, Juan Carlos Monterrey, head of Panama's delegation, Andrew Yatilman, Secretary of the Department of Environment, Climate Change, and Emergency Management of Micronesia, and Olga Givernet, French Delegate Minister for Energy, attend a press conference at the fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution in Busan, South Korea, Friday, Nov. 29, 2024. (AP Photo/Ahn Young-joon)
ClimateEmissionsEnvironmentNewsOilPoliticsUnited Nations

Negotiators get closer to agreeing on a plastic pollution treaty

Some plastic-producing and oil and gas countries, including Saudi Arabia, vigorously oppose including plastic production in the treaty.

Observers said COP29 in Baku made virtually no progress on tackling the source of global warming (AFP)
ClimateCoalEmissionsNatural GasNewsOilPoliticsTradeUnited Nations

Concern as climate talks stalls on fossil fuels pledge

Countries clashed at COP29 over how to build on a landmark pledge at last year's climate talks to "transition away" from fossil fuels.   

A screen displays Chandni Raina of India as she speaks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan November 24, 2024. REUTERS/Maxim Shemetov
Climate FinanceCoalEmissionsEnvironmentNewsOilWeather

Rich countries raise COP29 climate finance offer to $300B as developing nations fume

Wealthy nations at COP29 agree to raise their climate funding offer to $300 billion annually by 2035 for developing countries.

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)
AnalysisClimateClimate FinanceEmissionsEnvironmentIndigenousPoliticsUnited Nations

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.

COP29, Baku, November 16, 2024. REUTERS/Maxim Shemetov
Climate FinanceCoalEmissionsNatural GasNewsOilPolitics

UN climate chief asks G20 leaders for boost as finance talks lag

The U.N. urges G20 leaders to back global climate finance at Rio, aiming to boost progress for COP29 talks.

FILE PHOTO: An employee holds a diesel fuel pump nozzle at a petrol station of Neftmagistral company in Moscow, Russia, September 8, 2023. REUTERS/Maxim Shemetov/File Photo
ClimateEconomyEmissionsFuelNewsOilPolitics

Explainer: A trillion dollar question — fossil fuel subsidies

Governments around the globe are ploughing billions of dollars into fossil fuel subsidies.

Saudi Aramco is the world's biggest crude exporter (AFP)
BusinessEmissionsNewsOil

Saudi Aramco says quarterly profit drops 15% on low oil prices

The world's largest crude oil exporter, Saudi Aramco, reports a Q3 profit drop of 15 per cent, reflecting lower oil prices and ongoing...

News Release

COP Presidencies Launch “Rio Trio”

September 27 2024 Incoming COP Presidencies meet on sidelines of UN General Assembly to drive global collaboration between climate change, biological diversity and...

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