Developing countries need up to $387bn a year to adapt to climate change but flows of international public cash are faltering at the same time as the effects of global warming become more disastrous, the UN has said.The amount needed had increased by some $47bn since the last annual assessment by the UN Environment Programme,...
The world experienced its warmest October on record as a leading climate scientist warned the global 1.5C climate goal is “deader than a doornail”. A preliminary assessment found that October was about 0.3C warmer globally than the previous October record. If confirmed, it will mark the fifth record warm month in a row, cementing scientists’...
The world’s nations remained at odds over any agreement for an end to new oil and gasprojects ahead of the upcoming UN climate summit, with France, Spain, Ireland, Kenyaand 11 other countries calling for the phasing out of fossil fuel production at preliminarytalks this week.After discussions over the past two days in Abu Dhabi in...
JOHN KERRY LOOKED on from the front row as Sultan Al Jaber of the United Arab Emirates took to the stage in Abu Dhabi in January. Next to Kerry on the plush white chairs reserved for VIPs were senior figures from the Emirati, British, and U.S. governments. It was Al Jaber’s first public appearance since being...
Companies including Nestle (NESN.S), Unilever (ULVR.L), Mahindra Group and Volvo Cars are urging political leaders to agree a timeline at the upcoming U.N. climate summit to phase out fossil fuels. The 131 companies, which have nearly $1 trillion in global annual revenues, wrote in a letter published on Monday that attendees at the COP28 summit must commit...
Jamshid Sharmahd’s wife watched in fear as the pixellated dot marking his location moved away from Dubai airport and towards the border with Oman. The Iranian-German journalist and software engineer was supposed to be on a flight from Dubai to India, in late July 2020, for a business meeting, not travelling overland. His wife watched from their...
European Union countries’ climate ministers meet on Monday to decide the bloc’s negotiating position for this year’s COP28 summit – but they are still split over some key issues, like how hard to push for a global deal to phase out fossil fuels. The EU is typically one of the most ambitious negotiators at the...
Agriculture, which is responsible for over one third of the world’s emissions, will be under the spotlight at the upcoming COP28 global climate summit in Dubai. In the wake of blazing heat, rising food insecurity and devastating floods, COP28 leaders have released a four-point “food and agriculture” agenda for the conference, which will call for governments to...
The UAE has appointed 31 people to the advisory board for the upcoming COP28 climate summit. The group represents a mix of former executives of oil companies, climate campaigners, energy experts, and corporate leaders such as BlackRock’s CEO Larry Fink and Siemens’s supervisory board chairman Joe Kaeser. Two Indians sit on the board, embodying the polar...