Climate movement must be aware of the threats the UAE poses ahead of COP28. A trio of human rights organizations today released a new briefing that looks to highlight the threats that the United Arab Emirates (UAE) poses to the aims of the climate justice movement in advance of the country’s hosting of COP28. FairSquare,...
‘World’s money is flowing in the wrong direction’: Funding of fossil fuels eclipses climate finance. Funding for polluting industries far outstrips support for climate change mitigation, a new report shows. Top banks are funding two of the world’s most polluting industries far more aggressively than governments are funding solutions, a new report reveals. Banks including...
LONDON 4th September, 2023 – The oil and gas firm ran by the president of COP28 climate talks is set to spend more than $1 billion every month this decade on fossil fuels, despite its claims to be a leading green energy provider, Global Witness analysis has found. The Abu Dhabi National Oil Company (ADNOC) announced...
Reacting to reports that the United Arab Emirates (UAE), as host of the COP28 climate meeting which begins in Dubai in November, has defined a narrow list of talking points for its officials around climate issues and is aiming to avoid discussion of human rights abuses in the country, Marta Schaaf, Amnesty International’s Director of...
Oil-rich nations are in a quandary – how to keep harvesting their natural riches under the earth, continue to generate vast amounts of revenue, and stay out in front of the coming tsunami of climate action? The United Arab Emirates (UAE) has found a solution: sponsor the annual COP28 conference, position itself as a leader in...
Joy and hope are all too rarely associated with the environmental movement, but both have been in abundant supply since Ecuador’s people voted on Sunday to keep the country’s oil in the subsoil of the Yasuní national park. The question now is whether this is a one-off triumph, or something that can be replicated in other countries....
Global fossil fuel subsidies hit a record total of $7tn in 2022 as governments rushed toshield consumers from soaring energy prices sparked by Russia’s invasion of Ukraine,the IMF estimates.The IMF study said subsidies for coal, oil and natural gas in 2022 were equivalent to7.1 per cent of global gross domestic product. This represented more thangovernments...
In early 2023, the Guardian published an article suggesting that more than 90% of rainforest carbon offsets are worthless. These credits are essentially a promise to protect forests and can be bought as a way to “offset” emissions elsewhere. Verra, the largest certifier of these offset credits, said the claims were “absolutely incorrect” but the story still...
Top environmental fund chief calls on countries to defund activities ‘destroying’ nature. A new global fund for nature conservation alone won’t do much to solve the biodiversity crisis. This is according to the CEO of the Global Environment Facility. Countries have pledged to channel more money toward environmental protection. But that won’t be enough to...
Deep dive: A big year for climate negotiations… or not? Today, we dig into the major tensions building in climate negotiations in the lead-up to the 28th United Nations Climate Change Conference, or COP 28, which starts in late November. Summer used to be a time of joy. Now, each passing July in the Northern...