Sunday, 24 August 2025

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Amazon trailer trucks are seen at Cherbourg Harbour, France, January 21, 2021. Picture taken on January 21, 2021. REUTERS/Gonzalo Fuentes/File Photo
BusinessElectricityEmissionsFuelMaritimeNews

Amazon, IKEA join other ocean cargo shippers to boost demand for new green fuels

The Zero Emissions Maritime Buyers Alliance, led by Amazon and IKEA, will invite bids for e-fuel-powered shipping in 2027.

Edi Rama, Prime Minister of Albania, speaks during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. REUTERS/Murad Sezer
ClimateClimate FinanceEconomyEmissionsIndigenousLegislationNewsPoliticsRegulationsUnited Nations

What are they saying at the COP29 climate summit?

World leaders at the U.N. climate summit urge urgent, unified action amid ongoing inaction, inequality, and climate crisis.

Blurred individuals walk past a board at the United Nations climate change conference COP29 in Baku, Azerbaijan.
Climate FinanceEmissionsEnvironmentFuelNews

Development bank financing pledge gives COP29 summit early boost

Lenders, including the World Bank, aim to increase climate financing to poor and middle-income countries by 60% from 2023.

Rising temperatures due to global warming has led to mass bleaching events striking coral across the world (AFP)
AnalysisBiodiversityClimateEmissionsEnvironmentIndigenousReports

Nearly half of tropical coral species face extinction: report

Almost half of all warm-water species of coral are threatened with extinction — and climate change is the chief culprit, a new report...

A general view during the Opening Ceremony of the United Nations climate change conference COP29 in Baku, Azerbaijan November 12, 2024. REUTERS/Maxim Shemetov
AnalysisClimateClimate FinanceEmissionsPoliticsUnited Nations

Explainer: Why are countries fighting over climate finance at COP29?

COP29 aims to secure trillions for global climate projects, focusing on funding from wealthy nations and private sectors as past pledges expire.

People arrive for the COP29 U.N. Climate Summit, Wednesday, Nov. 13, 2024, in Baku, Azerbaijan. (AP Photo/Peter Dejong)
AnalysisClimateClimate FinanceEmissionsPolitics

At UN climate talks, nations big and small get chance to bear witness to climate change

World leaders at COP29 call for climate finance, with wealthier nations urged to aid poorer countries in climate resilience.

FILE PHOTO: A drone view shows forest fire devastation amid smoke in the Amazon, in Labrea, Amazonas state, Brazil September 6, 2024. REUTERS/Bruno Kelly/File Photo
Climate FinanceCoalEmissionsNatural GasNewsOilReports

Global CO2 emissions to hit record high in 2024, report says

Global CO2 emissions will hit a record 41.6 billion tons in 2024, worsening climate impacts despite renewable energy progress.

FILE PHOTO: New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Yves Herman/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Global EV sales up 35% in October, Europe ekes out a gain

Global EV sales rose 35 per cent in October, led by China’s 54 per cent jump; Europe saw modest gains as the market...

Grossi wants nuclear energy to get climate financing (AFP)
Climate FinanceElectricityEmissionsNewsNuclear PowerSmall Modular ReactorsUnited Nations

Climate cash should also go to nuclear, says UN atomic chief

IAEA chief Grossi urges climate funds for nuclear energy, emphasizing its potential to aid global decarbonization responsibly.

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

UN carbon market inches closer after COP29 agreement

The UN-backed carbon market moves closer, with COP29 nations setting new standards to ensure transparency and project credibility.

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