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Energy Transition
Global Climate Pledges Lack Renewables Ambition Warns IRENA
Despite the Glasgow Climate Pact to upgrade 2030 targets in national pledges, the collective level of energy transition ambition to date is not enough.
UN Chief: ‘the Answer Is in Our Hands’
During his speech at COP27, António Guterres said that “we are losing the fight of our lives” against climate change.
Carbon Emissions
COP27: UAE Says Will Carry on Pumping Oil Responsibly
The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs.
Egypt
Gates Foundation Gives $1.4 Bln Climate Help to Smallholder Farmers
The Bill & Melinda Gates Foundation has pledged $1.4 billion to help smallholder farmers cope with the impacts of climate change, part of efforts at global clim…
Net Zero Emission
World Must Double Renewable Power Targets to Achieve Net Zero, Irena Says
Despite some progress, the transition is 'far from being on track', says Irena director general Francesco La Camera.
Carbon Pricing
IMF Chief Says $75/Ton Carbon Price Needed by 2030
The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed.
Carbon Emissions
DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business
Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…
Carbon Neutral
World’s Greenest Warehouse to Be Built in Sweden
The project will lead the way to urgent CO2 reductions as called for by COP27.
Carbon Emissions
UN: ‘Last 8 Years the Hottest Ever’
Sea level rises have also doubled in the last 30 years, a report has found.
Carbon Emissions
Brazil's Lula Hopes to Unite Rainforest Nations, Tap Funding at COP27
A new alliance of rainforest nations - sought by Brazil's President-elect Luiz Inácio Lula da Silva - could be key to unlocking conservation funding and bolste…
COP27 to Formally Discuss Climate Compensation for Poorer Nations
COP27 delegates agreed on Sunday to discuss whether rich countries should compensate poorer nations most vulnerable to climate change at the United Nations clim…
Carbon Emissions
South Africa Says It Needs $84 Billion for Energy Transition in Next Five Years
South Africa needs about 1.5 trillion rand ($84 billion) over the next five years for its plans to cut carbon emissions, harness economic opportunities from the…
Australia
Australia, Pacific Nations to Bid to Co-Host 2026 U.N. Climate Summit
Australia will launch a bid with Pacific nations to host the United Nations climate summit in 2026.
Net Zero Emission
TotalEnergies Bent on Taking Legal Action Following Allegations of ‘Dramatically Underreporting’ Emissions
After Greenpeace published a report claiming that TotalEnergies’ emissions are four times higher than reported, the French energy giant has made up its made to…
World Falling Short on Funding for Climate Adaptation - UN Report
The world is falling far short at rounding up money to help struggling nations adapt to the increasingly dangerous impacts of climate change.
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