Carbon credit certifiers from the much-criticized voluntary market could be the big winners of a failure to strike a deal on the exchange of offsets between countries at Cop28, experts told Climate…
The Russian government’s campaign for endorsement of “transitional fuels” succeeded at the Cop28 climate talks in Dubai.
Russia, the world’s second biggest gas producer, told the United Nations back…
Governments at the Cop28 climate talks in Dubai have agreed a playbook for adapting to climate change in areas like health, protecting nature and food and water security.
But while wealthy countries…
Negotiators arrived in a good mood on Wednesday morning to the final Cop28 plenary in Dubai. At around 11 am, they adopted the final text of the global stocktake, in what delegates regarded as a…
Hopes of clinching a deal on carbon trading mechanisms evaporated under the desert sun in Dubai after a tussle between the European Union and the United States.
Countries failed to agree on key…
Countries have agreed on the need to shift away from burning fossil fuels for the first time in the UN climate process, at Cop28 talks in Dubai.
The “UAE consensus” did not go so far as to call for…
Governments have collectively pledged more than $400 million to establish a loss and damage fund for the victims of climate disaster.
On day one of UN climate talks in Dubai, negotiators rubber-…
You’ve seen the headlines that Cop28 in Dubai has resulted in an unprecedented call to ‘transition away from fossil fuels’. So why were celebrations from developing countries and civil society so…
At talks in Abu Dhabi today, the US and EU are pushing for the new loss and damage fund to be hosted by the World Bank.
As a board committee member of a fund hosted by the World Bank, I want to warn…
EU countries on Monday (16 October) adopted a common stance for the United Nations Cop28 international climate conference but language on the EU’s emissions reduction target and fossil fuel exit goal…
COP offers hope in our battle against climate chaos. The target is not only aligned with limiting temperature to 1.5C, it is reasonably likely to be agreed in Dubai.
But to realise this aspiration…
Since their inception more than 30 years ago, carbon offsets have given false comfort to those seeking easy solutions to the climate crisis.
Encouraging one party to continue pumping greenhouse…
Although the phase out of fossil fuels has got most of the attention at Cop28, the outcome that will likely make the biggest difference to most people on the planet in the short- and medium-term is…
On my way home from a recent holiday in France, I drove past Saint Nazaire shipyard. On the dry dock, dwarfing everything around it, was Royal Caribbean’s new cruise ship under construction – Utopia…
As we enter the second and decisive week of Cop28 in Dubai, an agreement to phase out all fossil fuels and scale up renewables is edging close to a pivotal decision.
In these kind of talks just a…
Living on a floating island off the Gulf, Samuele Landi advises a little-known company with big plans to shake up the carbon offsetting market.
Blue Carbon plans to take over forested areas the size…
In September, Indonesia’s President Joko Widodo opened the country’s first carbon exchange IDX Carbon, declaring “this is Indonesia’s real contribution to fight with the world against climate crisis”.
After cyclone Freddy ravaged Malawi at the start of the year, mother-of-nine Elube Sandram was left staring at a trail of devastation.
Flood water had destroyed all her corn crops, an essential…
Rich countries “look likely” to have met a long-overdue goal to provide $100 billion a year in climate finance to vulnerable countries in 2022, two years later than promised.