‘Two years to save the world’: UN climate chief makes plea for more money to tackle crisis
11 months, 2 weeks ago

‘Two years to save the world’: UN climate chief makes plea for more money to tackle crisis

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The United Nations climate chief has warned that there is “two years to save the world” and called for a “quantum leap” in finance to help countries speed up plans to cut planet-cooking emissions. Simon Stiell, United Nations executive climate secretary, acknowledged on Wednesday in his speech at London’s Chatham House that he may sound “melodramatic”. During a speech in London on Wednesday he said that there are ‘two years to save the world’ “As of today, national climate plans – called Nationally Determined Contributions or NDCs – in aggregate will barely cut emissions at all by 2030,” the UN climate chief said. “And to ensure that the poorest and most vulnerable countries benefit.” open image in gallery A farmer in the Mangwe district in southwestern Zimbabwe stands in the middle of his dried-up crop field amid a drought in March 2024 Stiell then turned to upcoming events intended to tackle this suite of challenges by improving money flows.

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History of this topic

U.N. climate chief calls India 'solar superpower', urges submission of stronger climate action plan
1 month, 1 week ago

U.N. climate chief calls India 'solar superpower', urges submission of stronger climate action plan

The Hindu  

U.N. climate chief Simon Stiell has called India a "solar superpower" and urged it to develop an ambitious climate plan covering its entire economy, saying that an even stronger embrace of the global clean energy boom will supercharge its economic rise. Mr. Stiell, who is in India to attend the ET Global Business Summit, lauded India's efforts to mitigate climate …

UN climate chief calls India a ‘solar superpower’, urges ambitious climate plan
Trending News
1 month, 1 week ago

UN climate chief calls India a ‘solar superpower’, urges ambitious climate plan

Firstpost  

The UN climate chief added that India’s leaders have a rare opportunity to deepen whole-of-economy industrial strategies that would make the fast-developing South Asian nation a dominant force in clean energy and industry UN climate chief Simon Stiell has called India a “solar superpower” and urged it to develop an ambitious climate plan covering its entire economy, saying that an …

UN climate chief calls India a ‘solar superpower’, urges ambitious climate plan
1 month, 1 week ago

UN climate chief calls India a ‘solar superpower’, urges ambitious climate plan

Firstpost  

The UN climate chief added that India’s leaders have a rare opportunity to deepen whole-of-economy industrial strategies that would make the fast-developing South Asian nation a dominant force in clean energy and industry Representational image. Reuters UN climate chief Simon Stiell has called India a “solar superpower” and urged it to develop an ambitious climate plan covering its entire economy, …

Most nations miss deadline for plans to fight climate change
1 month, 2 weeks ago

Most nations miss deadline for plans to fight climate change

LA Times  

Nearly 200 nations faced a Monday deadline to file what the United Nations’ climate chief calls “among the most important policy documents governments will produce this century” — their plans on how they will cut emissions of heat-trapping gases. Those nations account for only 16.2% of the world’s carbon dioxide emissions — the chief human-caused heat-trapping gas — and almost …

Countries committed to Paris Climate Agreement even after US exit
1 month, 2 weeks ago

Countries committed to Paris Climate Agreement even after US exit

India Today  

Weeks after President Donald Trump pulled the US out of the Paris Climate Agreement, countries remain committed to their climate plans and clean-energy transition, executive secretary of the UN Framework Convention on Climate Change, Simon Stiell said. He also added what China, Brazil and India are doing to reduce emissions, "But in terms of actions being taken, just looking at …

UN’s climate chief defends progress as US pull-out looms
1 month, 3 weeks ago

UN’s climate chief defends progress as US pull-out looms

Hindustan Times  

New Delhi: Simon Stiell, Executive Secretary of UNFCCC speaks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, on Nov 24, 2024 The multilateral process of climate negotiations has managed to resist runaway global warming despite mounting challenges, UN Climate Head Simon Stiell said Thursday in Brazil, which is preparing to host the …

COP29, climate finance and its optical illusion
2 months, 3 weeks ago

COP29, climate finance and its optical illusion

The Hindu  

Finance has been a major point of climate change negotiation since the launching of the United Nations-led climate change negotiations in 1991, producing the United Nations Framework Convention on Climate Change 1992. The $100 billion mark, met by the developed countries only in 2022, does not match the growing needs of climate finance corresponding to the developing countries’ nationally determined …

Biden, on his way out, sets ‘ambitious’ climate goal: Cut US greenhouse gas emissions by over 60%
3 months, 1 week ago

Biden, on his way out, sets ‘ambitious’ climate goal: Cut US greenhouse gas emissions by over 60%

Associated Press  

WASHINGTON — President Joe Biden is pledging to cut U.S. greenhouse gas emissions by more than 60% by 2035 as he fights to ensure his legacy on slowing global warming, even as President-elect Donald Trump vows to undo much of Biden’s climate work when he takes office next month. “And I believe that with this new 2035 target as their …

Biden set an ambitious new climate goal. Will it still matter under Trump?
Trending News
3 months, 1 week ago

Biden set an ambitious new climate goal. Will it still matter under Trump?

NPR  

Biden set an ambitious new climate goal. Sponsor Message "I'm proud that my Administration is carrying out the boldest climate agenda in American history," Biden said in a White House video accompanying the announcement. The President continued to frame his administration's climate objectives as economic opportunity for the nation, highlighting jobs created by building offshore wind energy projects and by …

Climate myopia: This year’s CoP was a big disappointment but small surprise
3 months, 3 weeks ago

Climate myopia: This year’s CoP was a big disappointment but small surprise

Live Mint  

The 29th Conference of the Parties to Climate Change came to an end on 24 November 2024 with deep disappointment on the outcomes—not just on finance, but on most other aspects of the agenda. With grossly inadequate mitigation of the crisis, the climate finance that developing countries can legitimately asl for will increase exponentially, leading to continued disappointment from a …

Finance COP fails to offer adequate finance to developing countries for climate action
4 months ago

Finance COP fails to offer adequate finance to developing countries for climate action

Live Mint  

New Delhi: After an extension and over two weeks of intense negotiations, the 29th UN climate change conference or COP29 in Baku finally reached a consensus on a new collective quantified goals on climate finance but disappointed developing countries with only $300 billion per year by 2035 as against a required $1.3 trillion. Onus on developed countries The final draft …

As deadline looms, divide over climate pact widens
4 months ago

As deadline looms, divide over climate pact widens

Hindustan Times  

Baku: A deep divide over climate finance erupted into the open on Thursday at the UN climate summit COP29, as developed nations and developing nations roundly rejected a new draft proposal that offered two starkly different options for funding climate action, leaving the talks in disarray with barely a day remaining. A controversial proposal to count developing countries’ domestic resources …

COP29: New NCQG draft delivers another “USD (X) trillion” promise frustrating developing nations
4 months ago

COP29: New NCQG draft delivers another “USD (X) trillion” promise frustrating developing nations

New Indian Express  

BAKU: The latest COP29 Presidency draft decision text on the New Collective Quantified Goal for climate finance has once again failed to specify a concrete funding target, leaving a placeholder “USD trillion” in place of an actual figure. The NCQG, set to replace the USD 100 billion per year commitment under the Paris Agreement, is critical to scaling up financial …

Cop29: The trillion-dollar question that has left climate summit at an impasse
4 months, 1 week ago

Cop29: The trillion-dollar question that has left climate summit at an impasse

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The New Collective Quantified Goal on Finance, which will fund the climate disaster and prevention-related costs in developing countries, …

Deadline looms for negotiators seeking a deal for cash to curb global warming
4 months, 1 week ago

Deadline looms for negotiators seeking a deal for cash to curb global warming

Associated Press  

BAKU, Azerbaijan — With time running down, negotiators at the United Nations annual climate talks on Wednesday remained mired in the maze of a trillion-dollar money problem, turning to host Azerbaijan to lead the way to daylight with a promised map to be released in the dark of night. “And what this effectively means is a lot of shuttle diplomacy, …

UN chief urges aligning climate action with limiting global warming to 1.5°C
4 months, 1 week ago

UN chief urges aligning climate action with limiting global warming to 1.5°C

Live Mint  

New Delhi: Every country’s next round of nationally determined contributions must contain unambiguous, absolute emissions reduction targets for 2030 and 2035, and align fossil fuel production and consumption plan to limiting global warming to 1.5°C above pre-industrial levels, UN secretary-general António Guterres said on Tuesday at the G20 meeting in Rio de Janeiro, Brazil. This assumes significance, as negotiations for …

Collective action on climate finance urged
4 months, 1 week ago

Collective action on climate finance urged

China Daily  

By YANG HAN in Hong Kong | China Daily | Updated: 2024-11-19 09:51 COP29 President Mukhtar Babayev, Executive Secretary of UNFCCC Simon Stiell and Nabeel Munir, Chair of the UNFCCC's Subsidiary Body for Implementation, attend a press conference during the United Nations climate change conference COP29 in Baku, Azerbaijan, November 18, 2024. Asia needs collective and sustainable action to meet …

Collective action on climate finance urged
4 months, 1 week ago

Collective action on climate finance urged

China Daily  

COP29 President Mukhtar Babayev, Executive Secretary of UNFCCC Simon Stiell and Nabeel Munir, Chair of the UNFCCC's Subsidiary Body for Implementation, attend a press conference during the United Nations climate change conference COP29 in Baku, Azerbaijan, November 18, 2024. Asia needs collective and sustainable action to meet its green finance needs, experts have said, as negotiations at the COP29 UN …

Collective action on climate finance urged
4 months, 1 week ago

Collective action on climate finance urged

China Daily  

COP29 President Mukhtar Babayev, Executive Secretary of UNFCCC Simon Stiell and Nabeel Munir, Chair of the UNFCCC's Subsidiary Body for Implementation, attend a press conference during the United Nations climate change conference COP29 in Baku, Azerbaijan, November 18, 2024. Asia needs collective and sustainable action to meet its green finance needs, experts have said, as negotiations at the COP29 UN …

Climate finance is central for enabling and implementing climate actions, says India at COP29
4 months, 1 week ago

Climate finance is central for enabling and implementing climate actions, says India at COP29

Live Mint  

New Delhi: Highlighting four essential aspects of global climate action, Leena Nandan, secretary of the ministry of environment, forest and climate change at COP29 on Monday, said the pre-2030 period is an opportunity to enhance global climate action through climate finance to reduce emissions and meet net zero. It is an opportunity to enhance global climate action,” Nandan said in …

India pitches for $1.3 trillion in annual climate support for developing nations
4 months, 1 week ago

India pitches for $1.3 trillion in annual climate support for developing nations

Live Mint  

Intervening on behalf of like-minded developing countries, India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal till 2030. Developing countries require up to $1.5 trillion a year for their unique climate needs and net zero transition, according to various estimates. Also Read: COP29 stresses global …

'Out of sync': The trillion-dollar climate puzzle that's become a diplomatic nightmare
4 months, 1 week ago

'Out of sync': The trillion-dollar climate puzzle that's become a diplomatic nightmare

BBC  

'Out of sync': The trillion-dollar climate puzzle that's become a diplomatic nightmare Getty Images As countries negotiate a new global goal to raise climate cash, these five charts show why discussions are so fraught. "Developing countries eager to act are facing many obstacles: scant public finance; raging cost of capital; crushing climate disasters; and debt servicing that soaks up funds," …

High-level report calls for $1 trillion boost in climate finance at COP29
4 months, 1 week ago

High-level report calls for $1 trillion boost in climate finance at COP29

India Today  

As the COP29 climate summit continues in Baku, a new report highlights an urgent call for climate finance to meet critical global targets. Published by an independent high-level expert group, the report recommends mobilising $1 trillion annually for developing countries by 2030, a move that would help address climate challenges under the Paris Agreement. The group aims to support policy …

COP29 releases new plan on NCQG
4 months, 2 weeks ago

COP29 releases new plan on NCQG

Live Mint  

New Delhi: The UN summit on climate change on Wednesday released a new draft of the new collective quantified goal after the first version was rejected by developing countries. “The version released on Tuesday seems obviously written for developed countries to get out of grant or concessional financing responsibilities by allowing any investments to be counted towards the goal,” Arun …

Why are countries fighting over climate finance at COP29?
4 months, 2 weeks ago

Why are countries fighting over climate finance at COP29?

The Hindu  

The main task for nearly 200 countries at the U.N.'s COP29 climate summit is to broker a deal that ensures up to trillions of dollars in financing for climate projects worldwide. Wealthy countries pledged in 2009 to contribute $100 billion a year to help developing nations cope with the costs of a transition to clean energy and adapting to the …

UN asks developed world to help developing countries in climate fight
4 months, 2 weeks ago

UN asks developed world to help developing countries in climate fight

China Daily  

Participants walk past the hashtag COP29 logo on the opening day of the UNFCCC COP29 Climate Conference on November 11, 2024 in Baku, Azerbaijan. Warning of a grim global warming situation, United Nations Secretary-General Antonio Guterres expressed high expectation to see developed countries beef up their support for developing economies, who disproportionately suffer the consequences of the climate crisis. Climate …

COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming Large
55 years, 2 months ago

COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming Large

Wired  

$1 trillion a year in climate finance—that’s the goal. At these conferences, held every 12 months, everyone has a microphone—small islands with 10,000 inhabitants sit next to the giant countries of the world as they try to make decisions on how to curb climate change and its impacts. In Baku, the first city in the world to commercially exploit oil, …

COP29: Climate talks off to rocky start, but carbon mkts mechanism approved
Top News
4 months, 2 weeks ago

COP29: Climate talks off to rocky start, but carbon mkts mechanism approved

Hindustan Times  

New Delhi: The COP29 climate negotiations opened in Baku on Monday with proceedings stalled for hours over disagreements on key matters on the agenda, but countries later approved new UN standards for international carbon markets in a key step towards allowing countries to trade credits to meet climate targets. By trying to ram through loose standards for dangerous carbon crediting …

COP29 president says New Collective Quantified Goal ‘top priority’
4 months, 2 weeks ago

COP29 president says New Collective Quantified Goal ‘top priority’

Hindustan Times  

The UN Climate Meeting in Azerbaijan’s Baku opened with the Presidency laying down its expectations before delegates from 196 countries ad stating that its top priority is to agree on a fair and ambitious New Collective Quantified Goal on climate finance. He also referred to a “realistic goal” of mobilising hundreds of billions from the public sector as against trillions …

Agreeing to a new global climate finance goal not enough; global financial system needs reform, says UNFCCC chief
4 months, 2 weeks ago

Agreeing to a new global climate finance goal not enough; global financial system needs reform, says UNFCCC chief

Live Mint  

New Delhi: Agreeing on a new global climate finance goal at the COP29 climate conference will not be enough to rein in toxic emissions, and countries must work harder to reform the global financial system, a top United Nations official said. “We must agree on a new global climate finance goal. If at least two-thirds of the world’s nations cannot …

Developed countries should walk the talk on climate
4 months, 2 weeks ago

Developed countries should walk the talk on climate

China Daily  

Driven by nations who've already been hit hard by climate change, there's been a growing consensus that global efforts must be intensified to elevate climate ambitions in order to restrict the rise in temperature this century to well below 1.5 C, thus preventing catastrophic irreversibility. They underscore the critical importance of COP29 in Baku, Azerbaijan, where establishing a New Collective …

Developed countries should walk the talk on climate
4 months, 2 weeks ago

Developed countries should walk the talk on climate

China Daily  

Driven by nations who've already been hit hard by climate change, there's been a growing consensus that global efforts must be intensified to elevate climate ambitions in order to restrict the rise in temperature this century to well below 1.5 C, thus preventing catastrophic irreversibility. They underscore the critical importance of COP29 in Baku, Azerbaijan, where establishing a New Collective …

UN report calls for trillion of dollars in climate finance to aid developing countries
4 months, 3 weeks ago

UN report calls for trillion of dollars in climate finance to aid developing countries

Live Mint  

Developing nations will need around $1.1 trillion annually in climate financing by 2025, a figure expected to climb to $1.8 trillion by 2030, according to a new report by the United Nations Conference on Trade and Development. The report outlines a daunting roadmap for climate finance and calls for developed countries to meet escalating financial commitments to support global climate …

Immediate Action Needed: Focus on Cooling and Decentralized Renewable Energy for Climate Adaptation
4 months, 3 weeks ago

Immediate Action Needed: Focus on Cooling and Decentralized Renewable Energy for Climate Adaptation

Hindustan Times  

The critical step that needs to be taken in the wake of the mounting climate crisis is to provide resources to communities, especially those that are vulnerable, and equip them to withstand the changing climate. This is where most of the climate plans falter. Financing support for adaptation actions remains alarmingly inadequate. Developing countries that are facing the brunt of …

Climate Crisis: Can COP29 Break the Cycle of Broken Promises?
4 months, 3 weeks ago

Climate Crisis: Can COP29 Break the Cycle of Broken Promises?

Live Mint  

The 2024 Emissions Gap Report paints a grim picture of global climate progress, with emissions continuing to rise and the gap between climate targets and reality widening. The report emphasizes the need for immediate action on climate finance, emissions reduction, and accountability. It highlights the responsibility of wealthy nations to fulfill their financial and emissions reduction promises, particularly to support …

The world is “miles short” of its target to limit climate change, UN reports
4 months, 3 weeks ago

The world is “miles short” of its target to limit climate change, UN reports

Salon  

For the world to achieve net-zero carbon emissions by 2050, the 200 countries who signed the Paris climate agreement must hit a target of 43% reduction by 2030. Yet according to a recent report by the United Nations agency tasked with tackling global warming, the planet is currently on track to just hit a measly 2.6% reduction in carbon emissions. …

Global warming will be TWICE as bad as predicted: Earth is on track for 'catastrophic' 3.1°C of warming this century, the UN warns
5 months ago

Global warming will be TWICE as bad as predicted: Earth is on track for 'catastrophic' 3.1°C of warming this century, the UN warns

Daily Mail  

The world is on track for a 'catastrophic' 3.1°C of global warming by the end of this century, the UN has warned. The world is on track for a 'catastrophic' 3.1°C of global warming by the end of this century, the UN has warned The UN warned the world was currently on track for temperature rises of 2.6°C to 3.1°C, …

Climate Crisis: World Paying a Terrifying Price for Inaction, UN Warns
5 months ago

Climate Crisis: World Paying a Terrifying Price for Inaction, UN Warns

Al Jazeera  

UN Secretary-General Antonio Guterres has warned that current climate policies will result in global warming of more than 3 degrees Celsius (5.4 degrees Fahrenheit) by the end of the century. The report also finds that the world faces as much as 3.1C (5.6F) of warming above pre-industrial levels by 2100 if governments do not take greater action on slashing planet-warming …

UAE to make new climate pledges ahead of COP29
6 months ago

UAE to make new climate pledges ahead of COP29

Hindustan Times  

New Delhi: The United Arab Emirates, which hosted list year’s climate conference COP28, will release updated commitments to reduce emissions ahead of this year’s UN-led meeting in Azerbaijan in November, a top official said, announcing that the reductions will cover “all greenhouse gases” and “every sector of the economy, including economy”. Al Jaber urged them to submit “transformational NDCs backed …

UN draft: Developing nations expect trillions for climate mitigation efforts
6 months, 3 weeks ago

UN draft: Developing nations expect trillions for climate mitigation efforts

Hindustan Times  

A draft document on the new climate finance goal, to be negotiated at the UN Climate Conference COP29 in November, indicates developing countries expect contributions in the trillions from developed nations for climate change mitigation efforts. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Largely, the principle lays down that developed countries have contributed more to global greenhouse gas emissions historically and are therefore …

Upcoming COP29 set to prioritize climate finance goal
7 months, 3 weeks ago

Upcoming COP29 set to prioritize climate finance goal

China Daily  

Azerbaijan, the host of the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, more commonly known as COP29, has vowed to make every effort to ensure a fair and ambitious climate finance goal for developed nations. The 2015 Paris Agreement aims to keep the global temperature rise this century well below …

Upcoming COP29 set to prioritize climate finance goal
7 months, 3 weeks ago

Upcoming COP29 set to prioritize climate finance goal

China Daily  

Azerbaijan, the host of the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, more commonly known as COP29, has vowed to make every effort to ensure a fair and ambitious climate finance goal for developed nations. The 2015 Paris Agreement aims to keep the global temperature rise this century well below …

UN climate chief presses for faster action, says humans have 2 years left ‘to save the world’
11 months, 2 weeks ago

UN climate chief presses for faster action, says humans have 2 years left ‘to save the world’

Associated Press  

OXFORD, England — Humanity has only two years left “to save the world” by making dramatic changes in the way it spews heat-trapping emissions and it has even less time to act to get the finances behind such a massive shift, the head of the United Nations climate agency said. With governments of the world facing a 2025 deadline for …

UN climate chief’s blunt message: Fewer loopholes, way more cash to really halt climate change
1 year, 1 month ago

UN climate chief’s blunt message: Fewer loopholes, way more cash to really halt climate change

Associated Press  

To keep Earth from overheating too much, the nations of the world need to put fewer loopholes in climate agreements and far more money — trillions of dollars a year — into financial help for poor nations, the United Nations climate chief said Friday. “We need torrents — not trickles — of climate finance.” United Nations climate officials emphasized the …

Why Cop28 barely scratches the surface on the cost of climate change
1 year, 3 months ago

Why Cop28 barely scratches the surface on the cost of climate change

The Independent  

When panic-buying hit the UK in March 2020, it was a rare moment: a curious knock-on effect of the emerging Covid pandemic. The rains now are crazy; It is very different to how it was when I was a child.” Robertson is at the Cop28 climate conference in Dubai in his role as lead negotiator for “Loss and Damage” – …

Climate negotiators urged to reach agreement on reducing Global warming as COP28 talks near end
1 year, 3 months ago

Climate negotiators urged to reach agreement on reducing Global warming as COP28 talks near end

Firstpost  

The draft text expresses concern over the gap between the money needed for adaptation and how much countries are getting, but it doesn’t say exactly how much money is needed for the world to adapt to climate change Negotiators have been urged to narrow down their options and agree on how to save Earth from disastrous levels of warming as …

Global warming could cost poor countries trillions. They’ve urged the COP28 climate summit to help
1 year, 3 months ago

Global warming could cost poor countries trillions. They’ve urged the COP28 climate summit to help

Associated Press  

DUBAI, United Arab Emirates — A prominent developing-world leader on the issue of climate change said Monday that global taxes on the financial services, oil and gas, and shipping industries could drum up hundreds of billions of dollars for poorer countries to adapt and cope with global warming. The U.N. climate summit known as COP28, which is being presided over …

Speed Up Net Zero to 2050, Double Adaptation Finance, Phase Out Fossil Fuels: UN Secy-Gen - News18
1 year, 3 months ago

Speed Up Net Zero to 2050, Double Adaptation Finance, Phase Out Fossil Fuels: UN Secy-Gen - News18

News 18  

With several world leaders in attendance, UN Secretary-General António Guterres exhorted the developed countries to speed up their net-zero timelines to 2050 and commit to tripling the renewable energy capacity by 2030 at COP28, which began in the UAE on Thursday. At the World Climate Action Summit on Day 2, Guterres said the world is miles from the goals of …

Cop28 opens with fund set up for countries hit by worst of climate disasters
1 year, 3 months ago

Cop28 opens with fund set up for countries hit by worst of climate disasters

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Nearly all the world’s nations on Thursday finalized the creation of a fund to help compensate countries struggling to …

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