Monday, 24 February 2025

Focus on United Nations

FILE PHOTO: A car is parked at the venue of the United Nations climate change conference, known as COP29, during a media tour ahead of the summit beginning in Baku, Azerbaijan November 8, 2024. REUTERS/Aziz Karimov/File Photo
ClimateClimate FinanceEconomyEmissionsNatural GasNewsOilUnited Nations

COP29 host Azerbaijan promoted fossil fuel deals ahead of climate summit, NGO says

A secret video reveals Azerbaijan, COP29 host, offering to discuss potential fossil fuel deals ahead of the climate summit.

FILE PHOTO: President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024. REUTERS/Denis Balibouse/File Photo
ClimateClimate FinanceEmissionsEnvironmentIndigenousNewsPolitics

Multilateral development banks are stepping into climate breach: EBRD President

Multilateral development banks are boosting green investments, with the EBRD focusing on climate action amid global trade tensions and U.S. policy uncertainty.

FILE PHOTO: Vehicles drive past the COP29 United Nations Climate Change Conference posters, in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov/File Photo
AnalysisClimateClimate FinancePoliticsTrade

COP29 climate agenda clouded by trade tensions ahead of summit

China has put trade talks onto the proposed agenda for the COP29 summit, a U.N. document showed, raising the prospect that the issue...

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

UN aims to set standards for scandal-hit carbon markets at COP29

Governments could finally approve new UN standards for countries and companies wanting to trade carbon credits.

A pumpjack operates in the foreground as wind turbines at the Buckeye Wind Energy wind farm rise in the distance, Monday, Sept. 30, 2024, near Hays, Kan. (AP Photo/Charlie Riedel)
AnalysisCarbon ManagementClimateClimate FinanceEmissionsEnvironmentPoliticsUnited Nations

Trump 2.0 will alter global climate fighting efforts. Will others step up?

A second Trump term could further isolate the U.S. from global climate action, risking setbacks as world powers adapt to fill the void.

FILE PHOTO: A municipal worker attempts to unclog a flooded road in Newlands during heavy rains in Cape Town, South Africa, July 9, 2024. REUTERS/Esa Alexander/File Photo
ClimateClimate FinanceEmissionsNewsPolitics

South Africa concerned Trump election will impact climate talks

Trump's election and the collapse of Germany's coalition government this week have come right before COP29.

China is the world's biggest emitter of greenhouse gases, but also a global leader in clean energy (AFP)
ClimateEmissionsLegislationNewsPolitics

China passes energy law to ‘promote carbon neutrality’

China is the world's biggest emitter of greenhouse gases — but it is also a global leader in clean energy.

Taiwan Environment Minister Peng Chi-ming speaks to media in Taipei, Taiwan November 8, 2024. REUTERS/Ann Wang
News

Taiwan, excluded from climate summit, sets up ‘war room’ to watch talks

Taiwan can not attend COP29 for political reasons — but its leaders will be watching from afar.

FILE PHOTO: Chinese Vice Premier Ding Xuexiang attends a news conference following the closing session of the National People's Congress (NPC), at the Great Hall of the People, in Beijing, China March 13, 2023. REUTERS/Florence Lo/Pool/File Photo
Climate FinanceNewsPoliticsUnited Nations

China sends vice premier to COP29 climate summit in Baku

Ding Xuexiang will be a special representative of President Xi Jinping at the leaders' summit at COP29.

FILE PHOTO: A labourer works inside a steel factory in the northern Indian city of Kanpur July 20, 2009. REUTERS/Pawan Kumar (INDIA BUSINESS)/File Photo
BusinessClimateEmissionsEmissions MarketsGreen SteelIndustryNews

Analysis: New green steel firms could reap rewards as EU carbon tariffs loom

New and strengthened rules in the EU against supply chain carbon emissions provide an opportunity for green steel producers.

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