Focus on United Nations
Brookfield eyes $5 billion for UAE-backed climate fund
The fund, dubbed the Catalytic Transition Fund (CTF), was announced at the COP28 climate talks in Dubai last December.
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...
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...
Brazil’s Lula defends oil exploration near Amazon River
Brazil's President Luiz Inacio Lula da Silva said Wednesday that a controversial offshore oil exploration plan near the mouth of the Amazon River...
COP29 climate hosts say they’ll keep expanding fossil fuels
The incoming president of the COP29 UN climate summit in Azerbaijan says his country will keep increasing fossil fuel production "in parallel" with...
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.
Azerbaijan hoping to cut emissions with $2 billion green energy investment
Azerbaijan, which is hosting COP29 this year, is hoping to raise the share of renewables across its energy sector to almost a third...
SAF Production to Triple in 2024 but More Opportunities for Diversification Needed
2 June 2024 Dubai – The International Air Transport Association (IATA) announced that its projections for a tripling of Sustainable Aviation Fuels (SAF) production...
OECD: Developed countries materially surpassed their USD 100 billion climate finance commitment in 2022
29 May 2024 - Developed countries provided and mobilised USD 115.9 billion in climate finance for developing countries in 2022, exceeding the annual...
US to unveil ‘guardrails’ needed for carbon markets to succeed
President Biden's administration is set to unveil "guardrails" that will ensure carbon offset markets effectively reduce emissions.
