COP28

Bank Credit Agricole Halts Financing for Fossil Fuel Projects

The French bank Credit Agricole declared on Thursday its decision to halt financing new fossil fuel extraction projects, a day after delegates reached an agreement on the COP28 climate deal. Credit Agricole, one of France's biggest banks, announced Thursday it would no longer finance any new fossil fuel extraction projects, a day after delegates ...

Countries Commit at COP28 to a Fossil-Free Future

Countries from around the world unanimously approved a historic decision on fossil fuels at COP28 in Dubai on Wednesday. This marks the first time in the history of UN climate conferences that such a decision has been made, calling for a “transition” towards abandoning fossil fuels. “Nearly 200 nations, meeting in Dubai on Wednesday, ...

Western Powers, Environmentalists Criticize COP28 Summit

On Monday, the Emirati leader of the COP28 climate talks, president Sultan Al Jaber, refrained from advocating for the complete phase-out of fossil fuels in an initial attempt to achieve consensus. This approach immediately faced criticism from Western powers and environmentalists, who had anticipated a historic turning point in the ...

Fayad in Search of Funds at COP28

Caretaker Minister of Energy Walid Fayad continues his participation in the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP 28), which is running until December 12 in Dubai. On Tuesday morning, he took part in a dialogue session on energy efficiency in buildings organized by the Regional Center for Renewable ...

KSA Takes Lead in Climate Donations

Saudi Arabia's Energy Minister brushed off Western contributions to a recently established climate loss and damage fund, describing them as "insignificant," while emphasizing Riyadh's financial commitments to developing countries on Monday. Saudi Arabia's Energy Minister Abdulaziz bin Salman dismissed Western donations to a new climate loss and ...

Mikati and Sisi Discuss Regional Conflict, Total Energies Meeting

Lebanese caretaker Prime Minister Najib Mikati met with Egyptian President Abdel Fattah el-Sisi at the COP28 UN Climate Change Conference in Dubai, United Arab Emirates. During the meeting, the two officials discussed the situation in Lebanon and Gaza, as well as Egyptian efforts to halt Israeli aggression in the region and achieve a ceasefire as ...

COP28 Highlights: Funding Challenges and Renewed Commitments

COP28 in Dubai starts with the UAE leading climate initiatives, but concerns arise over attention-grabbing pledges potentially diverting from crucial issues like fossil fuels and formal negotiations. Meanwhile, nations will collaborate to achieve a global renewable energy generation capacity of at least 11,000 gigawatts by the decade's end. The ...

Mikati from COP28: The Israeli Aggression Causes Intense Climate Impacts

From the COP28 climate summit, Caretaker Prime Minister Najib Mikati said, “Lebanon is facing an Israeli aggression that is affecting people, is hazardous, and is causing intense climate impacts, as large areas in Lebanon are exposed to the severe effects of environmental degradation resulting from the ongoing Israeli hostilities.” Mikati ...

Israel-Hamas War Intrudes on COP28

COP28 entered its second day in Dubai, United Arab Emirates, on Friday December 1. After a promising introduction, this second day was marked by the intrusion of the Israel-Hamas conflict into the debate. Behind the smiles in the family picture taken in sunny Dubai, disagreements over oil remain profound: more than 140 world leaders are at COP28 ...

Mikati in UAE to Participate in COP28

Caretaker Prime Minister Najib Mikati arrived to United Arab Emirates on Friday morning to lead Lebanon's delegation to the 28th United Nations climate change conference (COP28), which starts officially today in Dubai. The Lebanese delegation includes caretaker Minister of Environment Nasser Yassin, caretaker minister of Energy Walid Fayad, ...