Tuesday, 25 February 2025

Focus on United Nations

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Brookfield raises $2.4 billion for climate fund backed by UAE

DUBAI – Brookfield Asset Management said on Monday it has raised $2.4 billion for the Catalytic Transition Fund (CTF), which is backed by...

FILE PHOTO: A drone view of a message made by Greenpeace activists over sandbanks exposed due to drought at the Solimoes River, one of the largest tributaries of the Amazon River, during the most intense and widespread drought Brazil has experienced since records began in 1950, near Manacapuru, Amazonas state, Brazil September 20, 2024. REUTERS/Jorge Silva/File Photo
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Why are NDCs important in global climate talks?

NDCs (Nationally Determined Contributions) describes its country's national policies or decisions toward reaching net-zero emissions.

FILE PHOTO: A view shows the Baku Olympic Stadium, the venue of the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan September 19, 2024. REUTERS/Aziz Karimov/File Photo
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Some 40% of regions and companies lack emissions-cut targets

Policymakers and company boardrooms are struggling to translate long-term climate goals into concrete action.

AnalysisClimateEmissionsEnvironment

Q&A: Why methane levels are rising with no ‘hint of a decline’

Levels of methane in the atmosphere have soared by record-breaking amounts since 2020, according to new research.

UN chief Antonio Guterres first proposed the idea of a Summit of the Future in 2021, billing it as a 'once-in-a-generation opportunity' to reshape human history (AFP)
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UN holds ‘Summit of the Future’ to tackle global crises

UN chief Antonio Guterres first proposed the idea of a Summit of the Future in 2021, billing it as a 'once-in-a-generation opportunity' to...

Protesters cross the Brooklyn Bridge during a Youth Climate Strike march to demand an end to the era of fossil fuels, Friday, Sept. 20, 2024, in New York. (AP Photo/Andres Kudacki)
BusinessClimateClimate FinanceEmissionsFinanceNewsPoliticsUnited Nations

For a week, New York will be center of money-focused fight for climate

Climate Week NYC and the UN General Assembly means climate negotiators and world leaders in Manhattan could set new agenda for the energy...

FILE PHOTO: Destroyed car at the Biala Ladecka river lies submerged after flooding in Zelazno, Poland, September 20, 2024. REUTERS/Kacper Pempel/File Photo
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Analysis: US election uncertainty clouds UN climate finance progress

United Nations meetings this week could help countries negotiate on climate finance despite looming uncertainties from the US election.

FILE PHOTO: A passenger plane is seen with the moon behind as it begins its final landing approach to Heathrow Airport in London, Britain, September 25, 2018. REUTERS/Toby Melville/File photo
AnalysisBusinessEmissionsFinancePoliticsUnited Nations

Scant green premium stalls over 450 low-carbon projects

High-emitting industries face financing struggles for 450+ low-carbon projects, needing $700 billion by 2030 to meet global decarbonization goals.

Ilan Goldfajn, President of the Inter-American Development Bank speaks at the EU-LAC 2023 Business Round Table at the European Commission headquarters on the day of the EU-CELAC summit, in Brussels, Belgium July 17, 2023. REUTERS/Yves Herman/File Photo
BusinessClimateClimate FinanceFinanceNewsPolitics

Climate finance from multilateral banks up to $125 billion in 2023

Climate finance broadly refers to funding for climate change activities and can include grants, loans and proceeds from bonds.

FILE PHOTO: A man cycles past a chimney giving off emissions in an industrial area of Singapore January 5, 2016. REUTERS/Tim Wimborne/File Photo
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Singapore’s GenZero to work with Rwanda on carbon offset projects

State-backed investment firm will see Singapore collaborate with Rwanda on offsetting projects to generate carbon credits.

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