Focus on United Nations
Azerbaijan plans climate fund after pushback on fossil-fuel levy: source
Azerbaijan has abandoned its proposal for a fossil-fuel levy at COP29, opting instead to launch a new fund for green investments in poorer...
Azerbaijan, this year’s host of COP29, to upgrade climate target before summit
All countries face a U.N. deadline next year to toughen their national climate targets.
G7 vows to drop fossil fuels faster, but activists unimpressed
G7 leaders will commit to accelerating transition away from fossil fuels, according to a draft statement to be issued at the end of...
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...
