Saturday, 22 February 2025

Focus on International Institute for Sustainable Development (IISD)

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.   

Activists participate in a demonstration for climate justice at the COP29 U.N. Climate Summit, Thursday, Nov. 21, 2024, in Baku, Azerbaijan. (AP Photo/Peter Dejong)
AnalysisClimateClimate FinanceEmissionsEnvironmentPolitics

At COP29, a draft of the deal gives little clarity on climate cash for developing nations

COP29 draft text on climate finance lacks clarity on wealthy nations' contributions, leaving critical issues unresolved amid mounting pressure.

A man in formal wear stands at a podium, giving a speech.
BusinessClimate FinanceCoalEmissionsNatural GasNewsOilUnited Nations

UK joins coalition to phase out fossil fuel subsidies

The UK joins 16 nations in a coalition to phase out fossil fuel subsidies at COP29 in Azerbaijan.

The Parliamentary Budget Officer estimates the Trans Mountain pipeline is worth less than it cost to build in an updated assessment of the controversial project. In this photograph taken with a drone, the Trans Mountain Burnaby Terminal tank farm is seen in Burnaby, B.C., on Thursday, April 4, 2024. THE CANADIAN PRESS/Darryl Dyck
BusinessFuelNewsOilTransmission

Ottawa faces potential loss if Trans Mountain pipeline sold, say advisors

The pipeline could be worth between $29.6 billion and $33.4 billion.

AnalysisEconomyInfrastructureOilPoliticsReportsTradeTransmission

Is Canada’s Trans Mountain Pipeline providing an inefficient fossil fuel subsidy?

Canada's Trans Mountain Pipeline fossil fuel subsidies burden taxpayers and hinder climate goals, says a report from the IISD.

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