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Bhutan relies heavily on hydropower for energy generation (AFP)
ClimateClimate FinanceEmissionsEmissions MarketsNewsPoliticsUnited NationsVoluntary Carbon Markets (VCMs)

‘Carbon-neutral’ countries demand credit at COP29

Small nations like Bhutan and Panama, which absorb more carbon than they emit, demand recognition at COP29 for their sacrifices.

The world remains off track to meet a global goal of capping warming to 1.5 degrees Celsius, the threshold scientists say must be respected to avert disastrous climate impacts (AFP)
AnalysisClimateClimate FinanceEmissionsPoliticsRegulationsUnited Nations

Nations to submit boosted climate plans at COP29: what’s at stake?

With COP29 underway, major emitters face pressure to enhance climate goals for the 1.5°C target, but most remain uncommitted.

Climate activists project a message onto the Embassy of Azerbaijan ahead of COP29 climate talks, in London, Britain, November 7, 2024. REUTERS/Chris J. Ratcliffe/File Photo
ClimateClimate FinanceEmissionsEnvironmentNewsPolitics

At COP29, development lenders set $120 billion climate finance goal for poorer countries

Global banks pledge $120B yearly climate aid by 2030, targeting low-income nations, boosting private sector investment.

Children perform at the Opening Ceremony of the United Nations climate change conference COP29 in Baku, Azerbaijan November 12, 2024. REUTERS/Maxim Shemetov
Climate FinanceElectricityEmissionsEnvironmentNewsSolarWind

COP29: Host nation Azerbaijan hits out at West in defence of oil and gas industry

At COP29, UN's Guterres urged world leaders to boost climate finance, warning, “Pay up, or humanity will pay the price.”

FILE PHOTO: A flare burns off excess gas from a gas plant in the Permian Basin in Loving County, Texas, U.S., November 21, 2019. REUTERS/Angus Mordant/File Photo
AnalysisClimateEmissionsRegulations

Explainer: How methane emissions threaten climate goals

Rising methane emissions threaten climate goals; scientists call for urgent cuts to reduce this potent greenhouse gas's impact.

Donald Trump is expected to pull his country out of the Paris climate agreement again (Steven Senne/AP)
ClimateClimate FinanceEmissionsEnvironmentNewsPoliticsUnited Nations

Starmer ‘very clear’ on climate change but avoids responding to Trump doubts

The UK will on Tuesday set out a new target to reduce fossil fuel emissions but will not make any new financial commitments...

Sweden's climate activist Greta Thunberg attends a rally in Tbilisi, Georgia, Monday, Nov. 11, 2024, as Baku hosts the COP29 U.N. Climate Conference. (AP Photo/Zurab Tsertsvadze)
ClimateEmissionsEnvironmentNewsPolitics

Greta Thunberg protests against Azerbaijan hosting COP29

Climate activist Greta Thunberg on Monday attended a rally in Georgia to protest against Azerbaijan hosting the annual United Nations climate talks.

Carbon credits are generated by activities that reduce or avoid planet-heating greenhouse gas emissions, like planting trees or replacing polluting coal with clean-energy alternatives (AFP)
BusinessClimateClimate FinanceEmissionsEmissions MarketsEnvironmentNewsPoliticsUnited NationsVoluntary Carbon Markets (VCMs)

Nations approve new UN rules on carbon markets at COP29

COP29 approved UN standards for carbon markets, a pivotal step toward enabling countries to trade credits to meet climate goals.

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