Friday, 23 May 2025

Focus on OECD

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)
ClimateClimate FinanceNewsPolitics

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.

News ReleaseNews

International Petroleum Corporation Announces Third Quarter 2024 Financial and Operational Results

TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and...

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International Petroleum Corporation Announces Third Quarter 2024 Financial and Operational Results

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and...

Countries hope to reach the world's first treaty to end plastic pollution later this year (AFP)
AnalysisClimateEmissionsEnvironmentIndustry

Countdown to Busan: is a plastic pollution treaty in reach?

Negotiators meet in less than a month to agree on the world's first treaty to end plastic pollution, but countries remain so far...

Colombia's Environment Minister Susana Muhamad and other participants attend the opening plenary of the 16th United Nations Biodiversity Summit (COP16), in Yumbo, Colombia October 21, 2024. REUTERS/Luisa Gonzalez
BiodiversityClimateClimate FinanceEnvironmentIndigenousPoliticsResiliencyVoluntary Carbon Markets (VCMs)

Explainer: What’s on the agenda at the COP16 nature summit in Colombia?

At COP16 in Cali, nearly 200 countries will discuss national biodiversity plans, genetic data access, and Indigenous rights to combat nature loss.

Coal smouldering
AnalysisClimateCoalElectricityEmissionsFuelOpinionSolarWind

Renewables on track to replace coal in world’s richest countries: Ember

Coal generation in OECD countries has fallen to less than half of its peak in 2007, driven primarily by a significant increase in...

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.

FILE PHOTO: A drone view shows houses submerged in floodwaters following heavy rainfall, at a village in Qingyuan, Guangdong province, China April 22, 2024. REUTERS/Tingshu Wang/File Photo
AnalysisBusinessClimateClimate FinanceFinanceIn-DepthPolitics

Explainer: The global fight over climate change funding

Nearly 200 countries will try to agree a new global goal for funding to fight climate change at this year's U.N. COP29 climate...

FILE PHOTO: A general view of installed solar panels at the Khavda Renewable Energy Park of Adani Green Energy Ltd (AGEL), in Khavda, India, April 12, 2024. REUTERS/Amit Dave/File Photo
AnalysisBusinessClimateClimate FinanceIn-DepthPolitics

Climate change funding talks stuck ahead of COP29 summit

Countries cannot agree on the size of a global funding bill to help the developing world fight climate change - let alone how...

FILE PHOTO: Dump trucks haul coal and sediment at the Black Butte coal mine outside Rock Springs, Wyoming, U.S. April 4, 2017.  REUTERS/Jim Urquhart/File Photo
BusinessClimate FinanceCoalEconomyFuelNewsPoliticsTradeUnited Nations

Major world economies seek to halt new private sector coal financing

World's major economies looking to finalise a plan ahead of UN climate summit to halt new private sector funding for coal projects.

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