After fiery talks, a new post-2025 goal was adopted but some developing nations dismissed it as too small to meet their needs amid growing climate stress
Countries now have a second chance in Baku to build consensus on how to cut emissions and transition away from fossil fuels
Baku postponed the planned launch of a voluntary fund with contributions from fossil fuel producers after getting “tangled up” with official UN negotiations
UN climate summit kicks off in Baku, with governments approving carbon market rules and US climate envoy saying emissions to keep falling
UN biodiversity summit produces mixed results, with gains for Indigenous people and disagreement on how to raise and manage funding for nature protection
The aim is for minerals used in the clean energy transition to be mined and commercialised responsibly, respecting the environment and communities
An earlier draft decision at the UN nature summit included a call to transition away from fossil fuels – but it has been cut from the latest version
Some biodiverse developing nations want to replace it with a new fund that would give them a bigger say in how it’s run and easier access to its resources
Ahead of the UN biodiversity summit, countries are urged to come up with strong new plans and funding to meet global nature goals
The investment plan mirrors the model of Just Energy Transition Partnerships (JETPs) – and includes $8.5 billion to conserve and restore nature
A coalition of governments and multinational corporations promises to pay Pará state $180m to save its rainforest
Funding for efforts to protect and restore nature increased to $15.4 billion in 2022 – mostly driven by concessional loans from multilateral banks
Azerbaijan’s COP29 president calls for determination and leadership from all countries to bridge the gaps on finance
The UN Panel on Critical Energy Transition Minerals launches principles to guide responsible, fair extraction of minerals for green value chains
In its first such move, the Green Climate Fund has pulled out of a project after developers failed to address environmental and social compliance issues
The final Cop28 text was regarded as historic by delegates, including the US, EU and small islands, but most agree there’s still work ahead
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Saudi Arabia, Iraq and Turkey are among the most vocal opponents of a decision at Cop28 to phase out coal, oil and gas
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