Page 16 - Latest Updates on Climate Change
Some rich nations say trillions of dollars needed to fight climate change
Some developed countries on Wednesday acknowledged that trillions of dollars were urgently needed to address climate change and wealthy nations should continue to lead in providing climate finance.
 "Some rich nations say trillions of dollars needed to fight climate change")
Green Frontier Capital launches Sebi-approved fund worth Rs 1,500 crore
The fund will focus on accelerating India's low-carbon transition through investments in transformative climate technologies
 "Green Frontier Capital launches Sebi-approved fund worth Rs 1,500 crore")
COP29: Indian youths call to prioritise children's needs in climate policy
Supported by UNICEF, the South Asian delegation which includes young leaders from India, Nepal, Bangladesh, Maldives, Pakistan, and Sri Lankais urging world leaders to prioritise needs of children
 "COP29: Indian youths call to prioritise children's needs in climate policy")
COP29: India, other developing nations demand fair climate finance pledges
Concerns were also raised that nearly 69 per cent of reported finance came in the form of loans adding burdens on the already vulnerable countries
 "COP29: India, other developing nations demand fair climate finance pledges")
UN climate talks give all nations a platform to address climate change
The main focus of this year's talks is climate finance wealthier nations compensating poor countries for damages
 "UN climate talks give all nations a platform to address climate change")
COP2: Here's why a climate breakthrough has rarely looked bleaker
The wavering global commitment is particularly worrying because the coming 12 months will be vital for setting the next decade of climate policies
 "COP2: Here's why a climate breakthrough has rarely looked bleaker")
Pak PM calls for $6.8 trillion in climate funding for developing nations
Developing countries require $6.8 trillion in financing by 2030 to manage the impacts of climate change effectively, Pakistan's Prime Minister said
 "Pak PM calls for $6.8 trillion in climate funding for developing nations")
COP29: Pay up or face climate-led disaster for humanity, warns UN chief
Nearly 200 nations have gathered at the annual UN climate summit in Baku, focused this year on raising hundreds of billions of dollars to fund a global transition to cleaner energy sources
 "COP29: Pay up or face climate-led disaster for humanity, warns UN chief")
COP29 climate agreement a boost for India's carbon market ambitions
This agreement enables climate action by increasing demand for carbon credits and ensures that the international carbon market operates with integrity under UN supervision
Dutch appeals court overturns landmark climate ruling against Shell
The ruling upholding Shell's appeal came as a 12-day U.N. climate conference was entering its second day in Azerbaijan
 "Dutch appeals court overturns landmark climate ruling against Shell")
Need to mitigate risks linked with glacial lakes: Principal secy Mishra
Mishra asserted that through the tri-focal lens of assessment, monitoring and mitigation, India has made substantial progress in this area
 "Need to mitigate risks linked with glacial lakes: Principal secy Mishra")
COP29: UN climate chief calls for urgent action to counter economic fallout
Stiell, the executive secretary of the United Nations Convention on Climate Change (UNFCCC), also criticised the tendency to sideline climate action in national policies
 "COP29: UN climate chief calls for urgent action to counter economic fallout")
Host nation Azerbaijan defends oil, gas sector at COP29 amid West criticism
Azerbaijan's oil and gas revenues accounted for 35 per cent of its economy in 2023, down from 50 per cent two years earlier. The government says these revenues will decline to 22 per cent by 2028
 "Host nation Azerbaijan defends oil, gas sector at COP29 amid West criticism")
COP29: Experts call for $1 trn annual investment to fight climate change
Avinash Persaud, Special Advisor on Climate Change to the President, Inter-American Development Bank from Inter-American Development Bank, highlighted enormous financial need for climate adaptation
 "COP29: Experts call for $1 trn annual investment to fight climate change")
Targets unchanged a year after deal on tripling renewables by 2030: Report
The report by global energy think tank Ember showed only eight countries have updated their renewable targets in the last 12 months
 "Targets unchanged a year after deal on tripling renewables by 2030: Report")
COP29 adopts establishment of carbon market under Paris Agreement Article 6
Article 6 of the Paris Agreement facilitates international collaboration to lower carbon emissions
 "COP29 adopts establishment of carbon market under Paris Agreement Article 6")
Greta Thunberg protests against Azerbaijan hosting global climate summit
Thunberg described Azerbaijan as a repressive, occupying state, which has committed ethnic cleansing, and which is continuing cracking down on Azerbaijani civil society
 "Greta Thunberg protests against Azerbaijan hosting global climate summit")
COP29 kicks off; host asks nations to resolve differences on finance goal
COP29 President Mukhtar Babayev said current policies are leading the world towards 3 degrees Celsius of warming, which would be catastrophic for billions of people
World already on cusp of 1.5 degree celsius temp rise, finds new research
The UK-based scientists behind the new approach, who published it Monday in the journal Nature Geoscience, say it simplifies the tracking of climate change and is easier to use
COP29: Work will continue despite Trump's return, says US climate envoy
Trump has promised to again remove the United States, the world's biggest historic greenhouse gas emitter, from international climate cooperation
 "COP29: Work will continue despite Trump's return, says US climate envoy")
