Wednesday, 23 April 2025

International

Smoke billows during a wild fire, in Leiria, Portugal July 13, 2022. REUTERS/Rodrigo Antunes/File Photo
AnalysisAviationBusinessClimateClimate FinanceEconomyEmissionsEnvironmentPoliticsRegulationsTradeUnited Nations

As COP29 eyes $1 trillion climate fund, some see new taxes as one way to get there

COP29 leaders eye $1T+ yearly for climate aid, exploring taxes on shipping, aviation, fossil fuels, crypto, and wealth to fund efforts.

Yalchin Rafiyev, Azerbaijan's COP29 lead negotiator, dressed in formal wear, speaking while seated at a desk.
Climate FinanceCoalFuelNatural GasNewsOilUnited Nations

COP29 talks buoyed by G20 support but fears stoked over fossil fuels backsliding

The G20's support for a strong finance deal at COP29 was welcomed, but concerns arose over fossil fuel commitments.

People walk at the entrance of the venue of the United Nations climate change conference COP29, in Baku, Azerbaijan.
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Beyond B-loans? Development banks seek private money for climate change fight

An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.

Yalchin Rafiyev, Azerbaijan's COP29 lead negotiator, speaks during an interview with The Associated Press at the COP29 U.N. Climate Summit, Tuesday, Nov. 19, 2024, in Baku, Azerbaijan. (AP Photo/Sergei Grits)
AnalysisClimateClimate FinanceEmissionsEnvironmentIndigenousPoliticsUnited Nations

Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it

Rich nations at COP29 face pressure to boost climate finance, balancing loans, grants, and leverage amid fears of debt for poorer nations.

Activists holding signs participate in a demonstration for transforming food systems at the COP29 U.N. Climate Summit on Tuesday, Nov. 19, 2024, in Baku, Azerbaijan.
AgricultureClimate FinanceEmissionsEnvironmentFuelNewsUnited Nations

At UN climate talks, farmers argue for a share of money dedicated to fighting climate change

Small farmers receive less than 1% of climate finance, yet they feed millions and face growing threats from climate change.

Activists holding signs reading 'Pay Up' demand action on climate funding.
Climate FinanceEmissionsFuelNewsUnited Nations

Negotiators seek to break COP29 impasse after G20 ‘marching orders’

Negotiators push to resolve deadlock at U.N. climate talks after G20 backs trillions of dollars for poorer nations.

AnalysisClimateClimate FinanceEmissionsEnvironmentPoliticsUnited Nations

Multilateral development bank climate finance: The good, bad and the urgent

MDBs delivered a record $125B in climate finance in 2023, but adaptation funds lag; reforms and concessionality remain crucial.

Earth's oceans, forests and soil absorb carbon dioxide, meaning they play a crucial role in efforts to fight climate change (AFP)
AnalysisClimateEmissionsEnvironmentIndigenousLegislationRegulations

‘Vague’ net zero rules threaten climate targets, scientists warn

Scientists urge nations to exclude natural carbon sinks in net-zero plans to avoid exceeding warming targets, risking over 1.5°C.

COP29 President Mukhtar Babayev speaks at a press conference, during the United Nations climate change conference COP29 in Baku, Azerbaijan.
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Summit host Azerbaijan warns COP29 cannot succeed without G20 boost

COP29 host in Azerbaijan urges G20 leaders to prioritize climate action as they meet in Brazil.

An image showing inside a self-driving Tesla vehicle, displaying a screen that visualizes nearby cars and surroundings.
AutomotiveBusinessElectric Vehicles (EVs)NewsRegulations

Tesla gains on report Trump’s team planning federal self-driving vehicle regulations

Tesla shares jumped over 5% Monday after reports of Trump's team planning federal rules for autonomous vehicles.

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