Latest climate change news
Cop28 boss slams rich nations “dismal” $100bn finance failure
Developed nations should have met the climate finance commitment in 2020. But they are still not there.
Cop28 head backs fossil phase-out with carbon capture caveat
The UAE’s climate envoy Sultan Al-Jaber called for a “phase out of fossil fuel emissions” rather than fossil fuels
Climate Weekly – US-China talks stall but survive
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Exxon scrambles to save investments before Colombia bans fracking
The company is looking at how to get some money back despite Gustavo Petro’s government looking to ban it from fracking in Colombia
What is the global stocktake of climate action and why does it matter?
The first Global Stocktake will tell us collective efforts need to be stepped up to reach the Paris Agreement goals. The question is how countries will respond to it.
Mitsubishi bets on carbon removal while keeping coal plants
Japanese engineering giant Mitsubishi has announced a major investment in carbon removal technology, despite continuing to run fossil fuel power plants.
Reporting on climate adaptation is a mess – here’s how to fix it
Information about projects to help adapt to climate change is scattered, hard-to-find and incomplete, making keeping track of them impossible
Despite Taiwan and spy balloon tensions, China invites US for climate talks
China’s climate envoy Xie Zhenhua invited his US counterpart to China to discuss cooperation on tackling climate change
US solar boom on hold as industry awaits subsidy rules
Solar installers are waiting to find out which solar panels are considered US-made and qualify for subsidies
Carbon capture gets its day – Climate Weekly
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US pledges $1 billion to Green Climate Fund amid call to keep 1.5C in reach
Joe Biden urged leaders of major emitting economies to step up efforts to roll out zero-emission vehicles, cut methane emissions and deploy carbon capture technologies
UN’s Green Climate Fund too scared of risk, finds official review
The UN’s flagship climate fund is struggling to clearly manage risks in its projects, an independent review has found, making it wary of taking on high-impact projects in developing countries
UN: World set to blow through 1.5C carbon budget in 10 years
The world will soon have pumped out enough greenhouse gas to take the temperature more than 1.5C above pre-industrial levels.
German official sees ‘a chance’ Cop28 can agree to phase out fossil fuels
A bid to get Cop27 to phase out fossil fuels ended in failure last year, after Saudi Arabia, Iran and Russia blocked it
Campaigners sue EU for labelling gas sustainable
Four environmental groups are taking the EU Commission to the European Court of Justice over some gas plant’s inclusion in its green taxonomy
US bets big on carbon-sucking machines
The US has offered $3.5 billion in grants towards direct air capture, hoping to bring down the costs of removing carbon from the atmosphere
Japan, US and EU block G7 from setting coal phase out date
Canada and the UK pushed for the inclusion of a 2030 deadline to end domestic coal-fired electricity. But their plan failed following strong opposition.
China and Brazil to cooperate in stopping illegal trade fueling deforestation
Brazil’s president, Lula da Silva, met with his Chinese counterpart, Xi Jinping in China and announced new collaborations to control illegal deforestation.
Saudi Arabia, Russia push for more World Bank money into carbon capture
At a meeting discussing the World Bank’s stronger focus on climate, Russia has also urged the lender to extend its support for gas projects.
World Bank’s baby steps – Climate Weekly
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