Monday, 24 February 2025

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A general view during the Opening Ceremony of the United Nations climate change conference COP29 in Baku, Azerbaijan November 12, 2024. REUTERS/Maxim Shemetov
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Explainer: Why are countries fighting over climate finance at COP29?

COP29 aims to secure trillions for global climate projects, focusing on funding from wealthy nations and private sectors as past pledges expire.

People arrive for the COP29 U.N. Climate Summit, Wednesday, Nov. 13, 2024, in Baku, Azerbaijan. (AP Photo/Peter Dejong)
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At UN climate talks, nations big and small get chance to bear witness to climate change

World leaders at COP29 call for climate finance, with wealthier nations urged to aid poorer countries in climate resilience.

FILE PHOTO: A drone view shows forest fire devastation amid smoke in the Amazon, in Labrea, Amazonas state, Brazil September 6, 2024. REUTERS/Bruno Kelly/File Photo
Climate FinanceCoalEmissionsNatural GasNewsOilReports

Global CO2 emissions to hit record high in 2024, report says

Global CO2 emissions will hit a record 41.6 billion tons in 2024, worsening climate impacts despite renewable energy progress.

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Condor Announces 2024 Third Quarter Results

CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX:CDR), a Canadian based, internationally focused energy transition...

Grossi wants nuclear energy to get climate financing (AFP)
Climate FinanceElectricityEmissionsNewsNuclear PowerSmall Modular ReactorsUnited Nations

Climate cash should also go to nuclear, says UN atomic chief

IAEA chief Grossi urges climate funds for nuclear energy, emphasizing its potential to aid global decarbonization responsibly.

Minister of Environment and Climate Change Steven Guilbeault  speaks at a press conference in Ottawa, Monday, Nov. 4, 2024. THE CANADIAN PRESS/Sean Kilpatrick
ClimateElectionsEmissionsEnvironmentLegislationNewsPoliticsRegulations

Canada steadfast on climate plan despite Trump re-election: Guilbeault

Environment Minister Steven Guilbeault says Donald Trump's re-election in the U.S. will not impact Canada's plan to fight climate change.

US officials vow to be 'effective' participants at COP29 despite the election climate-sceptic Donald Trump (AFP)
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Lame-duck US climate team vows to be ‘effective’ at COP29

US officials keep a busy schedule at COP29, assuring global leaders of continued climate action despite Trump's return threat.

New UN rules would give local communities more power to object to carbon credit projects (AFP)
AnalysisClimate FinanceEmissionsEmissions MarketsRegulationsTradeUnited NationsVoluntary Carbon Markets (VCMs)

UN carbon market inches closer after COP29 agreement

The UN-backed carbon market moves closer, with COP29 nations setting new standards to ensure transparency and project credibility.

Bhutan relies heavily on hydropower for energy generation (AFP)
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‘Carbon-neutral’ countries demand credit at COP29

Small nations like Bhutan and Panama, which absorb more carbon than they emit, demand recognition at COP29 for their sacrifices.

The world remains off track to meet a global goal of capping warming to 1.5 degrees Celsius, the threshold scientists say must be respected to avert disastrous climate impacts (AFP)
AnalysisClimateClimate FinanceEmissionsPoliticsRegulationsUnited Nations

Nations to submit boosted climate plans at COP29: what’s at stake?

With COP29 underway, major emitters face pressure to enhance climate goals for the 1.5°C target, but most remain uncommitted.

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