UN chief slams ‘distressing’ spending on arms over climate
Without action, "the situation will deteriorate," he warned. "Conflicts are multiplying. The climate crisis is set to spiral, as emissions...
World sees first 12 months above 1.5C warming level, says climate monitor
PARIS, FRANCE - Earth has endured 12 consecutive months of temperatures 1.5C hotter than the pre-industrial era for the first time...
Science
Science
Swiss regret COP27 going soft on top polluters
GENEVA, SWITZERLAND - Switzerland regretted Sunday that the COP27 climate summit outcome does not impose obligations on the highest greenhouse...
- There was disappointment in some quarters over COP27's stand on cutting emissions.
- There were concerns that no resolutions were passed on phasing out coal and reducing subsidies for oil and gas
Economy
Climate damages are key flashpoint as UN COP talks go overtime
Sharm el Sheikh, Egypt—Climate negotiators were grappling for an agreement Saturday at the UN COP27 in Egypt after high stakes talks went...
- Wealthy nations, long reluctant to discuss the issue over fears of liability, have accepted that vulnerable nations are facing devastating impacts
- Delegates are looking to find agreement on emissions-cutting ambitions and reaffirm a goal to limit average warming to 1.5 degrees Celsius from pre-industrial levels
Greenpeace, Arab climate activists slam regional efforts at COP27
The 21-country Arab group at the COP27 climate conference in Egypt "has spent most of its energy spearheading efforts to...
- Greenpeace's Ahmed El Droubi noted that the Arab group's current fossil fuel safeguarding strategy does not reflect the vulnerability of the region
- The Middle East is at high risk of water and food scarcity as well as severe heat waves as a result of climate change
Geostrategy
UN climate talks go into overtime to break deadlock over funding
Representatives from nearly 200 countries have gathered at the COP27 in Egypt for two weeks with the aim of driving...
- But wealthy and developing nations were still struggling to find common ground on creating the fund and on a host of other crucial issues with only hours before the summit.
- For many developing countries the defining issues at the conference is money for the "loss and damage" caused by climate change.
UN chief says stop ‘blame game’ at deadlocked climate talks
Developing nations least responsible for global emissions are pushing rich polluters to agree at COP27 on the creation of a...
- Guterres said there was "clearly a breakdown in trust" between developed and emerging economies
- The deadlock on loss and damage is holding up agreement on a broad range of issues that nations are hoping to address at COP27
Economy
EU pledges US$1bn in climate funding for Africa
The initiative, launched at UN climate talks along with France, Germany, the Netherlands and Denmark, will combine "existing and new"...
- The funding also includes an EU pledge of $60 million for climate "loss and damage" already being suffered, a contentious issue at the negotiations in Egypt
- It will cover the collection of climate risk data, boosting early warning systems, disaster risk finance and insurance, as well as helping to attract private finance
Economy
COP27 climate talks inch toward ‘loss and damage’ showdown
The G77+China block of more than 130 developing nations called in a position paper for a special fund "for assisting...
- The need for such "loss and damage" financing, which has emerged as a make-or-break issue at COP27, is urgent, the largest negotiating bloc at the talks said
- US and the EU have suggested that expanding current channels for climate finance might be a more efficient approach than creating a new one
Climate leaders call for ‘Paris agreement’ for nature
Dozens of countries will meet next month to try and hammer out a new biodiversity framework to protect animals and...
- Enshrined in the Paris Agreement is the goal to limit global warming to well below two degrees Celsius from pre-industrial levels
- Scientists say this is a minimum if humanity is to avoid devastating and potentially irreversible tipping points.
Geostrategy
UN probes allegations of Egypt ‘surveillance’ at COP27
SHARM EL SHEIKH, EGYPT - United Nations officers running security at the COP27 climate summit in Egypt said Monday they...
- Participants at COP27 - including activists, rights defenders, and civil society groups - have raised cases of "surveillance" during the summit.
- A German diplomatic source said a complaint was lodged with Egypt as the delegation "felt we were being watched."
Economy
Climate activists at COP27 decry West’s desire for gas in Africa
European countries have been scrambling for alternative sources of gas after the continent's former top supplier, Russia, slashed exports in...
- Climate Action Tracker called the global dash for gas a "serious threat" to the Paris Agreement goals -- of keeping global warming well below two degrees Celsius
- A report said that Western investment in fossil fuels will eventually evaporate, encouraging African countries instead to seize on the potential offered by solar power
UN chief slams ‘distressing’ spending on arms over climate
Without action, "the situation will deteriorate," he warned. "Conflicts are multiplying. The climate crisis is set to spiral, as emissions...
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QFZ, Samsung C&T ink MoU
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Climate and Gaza crises share spotlight as world leaders attend COP28
The spotlight now turns to more than 140 kings, presidents and prime ministers who will address delegates at the sprawling...
COP28 UAE
Gulf leads the charge in green mobility revolution
In the heart of the GCC, a transformative shift towards 'Green Mobility' is underway, driven by a commitment to environmental...
Economy
Indian spiritual leader Sadhguru to kick off COP28 faith pavilion
Dubai, UAE – Indian spiritual leader Sadhguru will address the first-ever Faith Pavilion at COP28 on Friday December 1, kicking...
COP28 UAE
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COP28 UAE
COP28: Halting global warming, financial aid for vulnerable nations on agenda
Dubai, UAE - The world is turning its attention to Dubai where COP28 gathers some of the world’s top leaders...
- Climate change is an indiscriminate killer that has not spared a country or village when it comes to global heating or the increasing occurrence of devastating fires and storms
- Global experts appear to agree that 2023 is likely the hottest year on record, thanks to excessive and unforgiving greenhouse gases in the atmosphere
COP28 faces challenge of phasing out fossil fuels amid policy discrepancies
With nations' actions falling far short of the Paris Agreement's most ambitious target of limiting global warming to 1.5 degrees...
- For Guterres, who has made fighting climate change a major priority as secretary-general, a simple promise to reduce fossil fuels would not be enough
- A phase-down "can be whatever, you never know exactly what it means -- to phase out means that at a certain moment, it stops," said UN Secretary General
Business
UAE to pump CO2 into rock as carbon capture debate rages
Fujairah, UAE - High in remote mountains in the oil-rich Emirates, a new plant will soon take atmospheric CO2 and pump...
- The first CO2 injection is expected during COP28, and where the debate over hydrocarbons will be a key battle between campaigners and the oil lobby.
- Oil producers are throwing their weight behind carbon capture and storage (CCS) technology as a global warming solution despite criticism from climate experts.