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FILE PHOTO: European Union flags flutter on the day European Central Bank (ECB) President Christine Lagarde speaks to reporters following the Governing Council's monetary policy meeting in Frankfurt, Germany September 12, 2024. REUTERS/Jana Rodenbusch/File Photo
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EU watchdog frees green bonds from fund naming rules

The EU allows green bond funds to invest in bonds from big polluters, easing previous restrictions and supporting decarbonization efforts.

An artistic sculpture featuring two hands with their fingers reaching towards each other. It is in a square outside the entrance to the UN Climate Change Conference Baku (COP 29) in Azerbaijan.
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Analysis: Why the $300B climate-finance goal is even less ambitious than it seems

COP29 faces criticism for relying on minimal new efforts, counting inflation-eroded funds, and including developing-country contributions.

A display board shows a call for a reduction in plastic production during the fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution, at a taxi station in Busan, South Korea, Saturday, Nov. 30, 2024. (AP Photo/Ahn Young-joon)
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What to know about the plastic pollution crisis as treaty talks conclude in South Korea

Nations finalize a global plastic pollution treaty this weekend, and Greenpeace protests escalate in South Korea.

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)
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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.

Chair of the International Negotiating Committee, Luis Vayas Valdivieso, center, speaks next to Inger Andersen, Executive Director of UNEP, second from right, during the press conference for the fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution in Busan, South Korea, Monday, Nov. 25, 2024. (Son Hyung-joo/Yonhap via AP)
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What to know about the plastic pollution treaty talks in South Korea

Led by Norway and Rwanda, 66 countries plus the European Union say they want to address the total plastic on Earth.

Plastic waste litters the shoreline in Indonesia (Owen Humphreys/PA)
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Countries urged to be ambitious in final push for UN plastic pollution treaty

UN talks in Busan, South Korea, aim for a bold global treaty on plastic pollution, but some nations push for weaker production curbs.

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Cost of support measures for fossil fuels decreased sharply in 2023 but remains elevated relative to its historical average

21 November 2024 The cost of government support measures for the production and consumption of fossil fuels decreased sharply in 2023, as energy...

Climate finance from developed to developing countries (AFP)
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Crunch time: What still needs to be hammered out at COP29?

COP29 debates how developed nations will fund $1 trillion yearly for developing countries by 2030, including grants vs. loans and fairness.

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.

A deal to provide the $1 trillion a year experts say is needed by 2030 for climate action in developing countries is the top priority at COP29 (AFP)
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Climate finance: who is being asked to pay what at COP29?

Of the annual $2.4 trillion needed, an estimated $1.4 trillion will need to come from developing countries themselves.

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