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22 12 2023 | 02:39

Dubai deal: Ministers and observers react to the UAE consensus

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…

22 12 2023 | 02:37

Carbon credits talks collapse at Cop28 over integrity concerns

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…

22 12 2023 | 02:36

Why didn’t China and India sign Cop28 tripling renewables pledge?

Three months ago in Delhi, leaders of G20 major economies backed a tripling of global renewable energy capacity by 2030.

22 12 2023 | 02:34

No ‘phase-out’, but Dubai deal puts oil and gas sector on notice

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…

22 12 2023 | 02:31

Countries pledge over $400m to set up loss and damage fund

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-…

22 12 2023 | 02:30

We have to fix unfairness: Ten takeaways from Cop28

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…

22 12 2023 | 02:27

Avoid our mistake: Don’t let World Bank host loss and damage fund

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…

22 12 2023 | 02:25

EU countries hammer out joint stance for Cop28 climate summit

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…

22 12 2023 | 02:22

To triple renewable energy, the Global South needs finance

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…

22 12 2023 | 02:20

The EU is about to revive a failed climate solution

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…

22 12 2023 | 02:18

Adaptation playbook is the true test of Cop28 for world’s vulnerable

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…

22 12 2023 | 02:16

The cruise industry says LNG is a climate solution. It’s not

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…

22 12 2023 | 02:14

To land fossil phase-out deal, rich nations must add fairness

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…

22 12 2023 | 02:11

Meet the Italian fugitive advising Emirati start-up Blue Carbon

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…

22 12 2023 | 02:09

Slow start for Indonesia’s much-hyped carbon market

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”.

22 12 2023 | 02:07

UK aid cuts leave Malawi vulnerable to droughts and cyclones

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…

22 12 2023 | 02:04

Rich countries ‘likely’ to have hit $100bn climate finance goal in 2022: OECD

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. 

22 12 2023 | 02:02

Green Climate Fund ambition at risk after ‘disappointing’ pledges

The UN’s flagship climate fund has raised $9.3 billion from rich governments to help developing nations go green and protect people from the impacts of climate change – less than in its last…

22 12 2023 | 02:00

UN climate fund suspends project in Nicaragua over human rights concerns

The UN’s flagship climate fund has suspended payments to a $117 million forest protection project in the Central American nation of Nicaragua over human rights concerns, the first such decision since…

22 12 2023 | 01:55

Exxon shareholders won ‘historic’ climate vote against board’s advice

The world’s largest private oil company is being forced to reckon with the clash between its business model and international climate goals, after a “historic” showdown with investors. At ExxonMobil…