COP29

COP29: Developing Nations Reject Climate Finance Deal as Insufficient

The world approved a bitterly negotiated climate deal Sunday, but poorer nations, most at the mercy of worsening disasters, dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low. After two exhausting weeks of chaotic bargaining and sleepless nights, nearly 200 nations pushed through the contentious finance pact ...

COP29 Scramble for New Deal After Poor Nations Reject Offer

Fierce bargaining at UN climate talks in Azerbaijan dragged into Saturday after a $250 billion a year offer from rich nations was flatly refused by developing countries hardest hit by Earth's rapid warming. Negotiators from nearly 200 nations spent another harried and sleepless night in a sports stadium trying to land a compromise figure for ...

Israeli President Cancels Visit to Azerbaijan after Being Banned from Flying over Turkey

Israeli President Isaac Herzog canceled his visit to Azerbaijan due to Turkey's ban on overflying its airspace, according to Azerbaijani media outlet Caliber. Herzog was scheduled to attend COP29 alongside other global leaders. Israeli media had initially reported that the cancellation of the trip was due to security concerns. In May, Herzog ...

UN Climate Chief Urges G20 to Bridge Financing Gaps at COP29 Talks

The UN's climate chief urged G20 nations on Saturday to push COP29 negotiations toward a deal to raise money for developing nations, warning there was a “long way to go.” Negotiators worked through the night to narrow their differences at the UN talks in Baku before ministers arrive next week for the final days of the summit, but ...

COP29 Opens With a Call for Global Cooperation

Countries come to Baku after new warnings that 2024 is on track to break temperature records, adding urgency to a fractious debate over funding for climate action in poorer countries. Trump has pledged to once again withdraw the United States from the landmark Paris climate agreement, and there are concerns the move could weaken ambition around ...

Clean Energy Era Approaching Though Fossil Fuels Set to Peak

More than half of the world's electricity will be generated by low-emission sources before 2030 but the deployment of clean energy is "far from uniform" across the globe, the International Energy Agency said Wednesday. Demand for oil, gas and coal is still projected to peak by the end of the decade, possibly creating a surplus of fossil fuels, ...