COP29: What is the latest science on climate change? 13/11/2024

This year's U.N. climate summit - COP29 - is being held during yet another record-breaking year of higher global temperatures, adding pressure to negotiations aimed at curbing climate change. ...more

COP29 countries endorse global carbon market framework 13/11/2024

Countries at the two-week COP29 climate summit gave the go-ahead on Monday to carbon credit quality standards which are critical to launching a U.N.-backed global carbon market that would fund projects that reduce greenhouse gas emissions. ...more

US sets methane fee on oil, gas emitters as Biden term winds down 13/11/2024

U.S. President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump. ...more

Singapore commits up to $500 mln funding to support decarbonisation in Asia 13/11/2024

The government of Singapore has committed up to $500 million in concessional funding to support the local central bank's initiative to help fund Asia-focused climate projects, a senior official said at a conference on Tuesday. ...more

Lebanon school students on way to COP29, as finalists in Oxford climate challenge 13/11/2024

A team of teenagers from Rashaya Public High School are among five groups of high school students from around the world to be finalists in Azerbaijan this week with amazing ideas to fight climate change for the 2024 Climate Change Challenge. ...more

Trump worries and leader absences cloud COP29 climate summit in Baku 12/11/2024

The annual U.N. climate summit began on Monday with some prominent leaders planning to skip the event ahead of tough talks on finance and trade, after a year of weather disasters that have emboldened developing countries' demands for cash. ...more

NDCs 3.0 a ‘Make or Break’ for Global Goal to Triple Renewables by 2030 12/11/2024

At COP29, IRENA Outlook calls for ambitious NDC updates, reflecting the global pledge to triple renewable power capacity and double energy efficiency by 2030. ...more

UN Climate Change Technology Executive Committee and Enterprise Neurosystem to Award Grand Prize for 2024 AI Innovation Grand Challenge to Dr. Letetia Addison at COP29 12/11/2024

The UN Climate Change Technology Executive Committee (TEC) and the Enterprise Neurosystem are pleased to announce Dr. Letetia Addison of Trinidad and Tobago as the Grand Prize winner of the 2024 AI Innovation Grand Challenge.  ...more

Reuters Exclusive: ADB increases climate finance after US, Japan give world's first sovereign guarantees 12/11/2024

The Asian Development Bank will increase its climate-related lending by up to $7.2 billion after the United States and Japan agreed to underwrite risk for some existing loans, an ADB executive said, marking the first ever sovereign guarantees for climate finance. ...more

Global biodiversity offsetting doesn’t work – keep schemes local, say experts 12/11/2024

International biodiversity offsetting “doesn’t work”, according to experts aiming to create a nature market that avoids the pitfalls of carbon offsets. ...more