Friday, 28 February 2025

International

FILE PHOTO: A worker walks along a fence near the Baku Olympic Stadium, the venue of the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan October 18, 2024. REUTERS/Aziz Karimov//File Photo
ClimateClimate FinanceEmissionsNewsPoliticsUnited Nations

UN climate negotiations through the years to COP29

Here are some of the most significant moments in the history of climate talks.

Climate activists held a banner reading 'Banks dirty our future. Let's block them' outside the headquarters of French bank Societe Generale in 2019. Protests are one of the risks bank face over their response to climate change (AFP)
AnalysisBusinessClimateCoalCourtsEconomyEmissionsEnvironmentLegislationNatural GasOilRegulations

From floods to regulations: Climate change poses complex risks for the banking sector

Climate change poses risks to banks on several levels: it can directly impact their finances, tarnish their image and land them in the...

AnalysisCarbon ManagementEmissionsResiliency

How we discovered that the ocean’s surface absorbs much more CO2 than previously thought

The oceans play a pivotal role in drawing down atmospheric carbon dioxide and have so far acted as a brake on the full...

The transport of choice for the rich and famous, private jets are the most energy-intense form of flying and the industry has long been a target of climate protesters (AFP)
AnalysisAviationEmissionsReportsSustainable Aviation Fuel

Private jet carbon emissions soar 46%: study

Private jet emissions rose 46 per cent from 2019-2023, now at 15.6M tonnes CO2 in 2023; study urges regulation for ultra-luxury travel.

FILE PHOTO: Damaged solar panels are seen after the area was hit by Hurricane Maria in Humacao, Puerto Rico September 22, 2017. REUTERS/Carlos Garcia Rawlins/File Photo
AnalysisClimateFinanceInfrastructureResiliencySolarUtilitiesWeatherWind

Renewable energy offers a cost and opportunity to insurance sector

Renewable energy insurance premiums have surged 20-40 per cent amid soaring claims from extreme weather, stressing insurers’ ESG roles.

Planet Earth with connections between countries
AnalysisBusinessCritical MineralsElectricityEmissionsManufacturingMaritimeReportsSolarStorageTradeUtilitiesWind

Global clean technologies booming: Markets projected to reach $2 trillion by 2035

This report from the International Energy Agency (IEA) explores the economic potential of manufacturing clean energy technologies, focusing especially on the market for...

Inger Andersen, Executive director of the United Nations Environment Programme speaks at the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024. REUTERS/Denis Balibouse/File Photo
ClimateClimate FinanceNewsPoliticsResiliencyUnited Nations

Developing world faces multi-billion climate adaptation cash gap, U.N. report says

Developing nations need $359B yearly to adapt to climate change, yet funding in 2022 hit only $28B, a UNEP report shows.

FILE PHOTO: A view shows a sign of the COP29 United Nations Climate Change Conference with a backdrop of the cityscape in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov/File Photo
AnalysisClimateEmissionsEmissions MarketsNatural GasOilResiliency

COP29: What are the key issues at the UN climate summit in Baku?

COP29 in Baku aims to set new climate finance goals, address fossil fuel cuts, and define carbon market rules amid global tensions.

Russell Hardy, the CEO of Vitol, leaves the stage as top energy executives and ministers meet in Houston for the annual Gastech conference in Houston, Texas, U.S., September 18, 2024. REUTERS/Callaghan O'Hare/ File Photo
BusinessFuelNewsOil

Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty

Oil prices have been capped by concerns about an unwinding of OPEC+ supply cuts in 2025 and China's weak oil demand growth.

FILE PHOTO: A fish carcass is seen on a sandbank that emerged in the middle of the Solimoes River in the Amazon Basin, which is suffering from the worst drought on record, near Manacapuru, Amazonas state, Brazil September 20, 2024. REUTERS/Jorge Silva/File Photo
AnalysisClimateClimate FinanceEmissionsEnvironmentReportsWeather

2024 will be world’s hottest on record, EU scientists say

2024 is set to become the hottest year on record, intensifying calls for stronger climate action at COP29 in Azerbaijan.

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