Page 13 - Climate Change Talks

COP27 agrees to adopt loss and damage fund but finer details missing

India's call to end all fossil fuels not acknowledged in final draft

COP27: Despair, lack of progress at climate talks, yet hope blooms

It's a desert, where little grows. It's a climate conference, where water is scarce inside buildings and out, lines are long, tempers are short, meetings go late and above all progress comes in one-drop drips. Yet hope springs forth in the strangest places. Not in the naive new face, but in the hearts and minds of veteran activists and officials, who have gone through this frustrating sleep-depriving exercise, not once or twice but numerous times. And it blooms in a odd metal tree sculpture in a centre square here at the United Nations climate summit in Egypt. People write their hopes on green paper leaves. Hope is the only meaning (sic) that makes us ALIVE! Mohamed Ageez, an Egyptian youth activist wrote. Former US Vice President Al Gore looks at more than 30 years of climate change efforts and sees hope in progress and change. United Nations Environment Programme Director Inger Andersen and The Nature Conservancy Chief Scientist Katharine Hayhoe see it in all the people in the

COP27 climate deal hurtle towards overtime, countries mull EU offer of fund

27-country EU said it would back one of the toughest agenda items financing for countries wracked by climate-fuelled disasters

UN chief concerned as divides threaten COP27 negotiations, deadline nears

The UN chief asked nations countries to deliver the kind of meaningful action that people and the planet desperately need. "The world is watching and has a simple message: stand and deliver," he said.

Attempt underway to overlook rich nations' responsibilities: India at COP27

The progress on key issues at the ongoing UN climate summit has not been good due to the divergence of views on some fundamental approaches to climate issues, India said on Wednesday. Union Environment Minister Bhupender Yadav said there is a distinct attempt to "forget or overlook" historical contributions and responsibilities of developed nations. Yadav said India is co-leading (with Australia) ministerial consultations on key outstanding issues for climate finance. "Since the subject is sensitive, I am witness to intense negotiations on the issue," he said. India expects developed countries to provide climate finance of USD 1 trillion at the earliest, the minister said. Climate finance for adaptation, mitigation and addressing loss and damage is a key issue at the climate summit this year. Rich countries have repeatedly failed to mobilise USD 100 billion every year, a promise they made in 2009, to help developing countries cope with climate change. Developing countries, incl

BASIC Nations criticise developed world for backtracking on climate finance

They say fossil fuel use in Global North has risen, call it "double standards towards climate equity"; note that climate finance from developed nations continues to fall short of $100 bn a year goal

No sector, fuel source should be singled out for action: India at COP27

No sector, fuel source or gas should be singled out for action in the fight against climate change, Environment Minister Bhupender Yadav has said at the UN climate summit in Egypt. India had proposed on Saturday that the talks wrap up with a decision to "phase down all fossil fuels". The call received support from the European Union on Tuesday. Participating in a BASIC ((Brazil, South Africa, India and China) ministerial meeting on Tuesday night, Yadav said developing countries should be provided their fair share of the full carbon budget and it can be done by "monetising the carbon debt of the developed countries". "In climate action, no sector, no fuel source and no gas should be singled out for action. In the spirit of the Paris Agreement, countries will do what is suitable as per their national circumstances," Yadav said. India also clarified that just transition cannot mean de-carbonisation for all countries. "For India, just transition means transition to a low-carbon ...

For states, climate change and energy transition are Centre's concern

The focus of a majority remains on distributing free and subsidised coal-based power

COP27: Big polluters talking, voices of climate vulnerable stifled

There is work being done to put a draft cover text which will be the main outcome text and will capture the main issues which will be presented for resolution at the end of COP27 scheduled close

At COP27 climate talks, slow progress stokes worry over final deal

With a long list of demands for COP27, country delegates said there had been little progress so far on the technical details of how to deliver on deals and pledges made in previous years

COP27 what to watch: Climate progress hinges on crucial week two

Here's how week one went down and what to expect from the rest of this year's UN climate summit

Closing the green gap: 17% of businesses have calculated carbon output

Indian businesses today recognise the potential of sustainability to unlock business value, a recent study says

Paris Agreement requires phase down of all fossil fuels: India at COP27

As negotiators from 194 parties started working out a draft cover text at the UN climate summit in Egypt, India on Saturday said meeting the long-term goal of the Paris Agreement requires "phase down of all fossil fuels", sources told PTI. "Natural gas and oil also lead to emission of greenhouse gases. Making only one fuel the villain is not right," a source in the Indian delegation attending the climate talks said. The move paves the way for fierce debates during the second week of talks being held in the resort town of Sharm el-Sheikh from November 6 to 18. Citing the Sixth Assessment Report of the Intergovernmental Panel on Climate Change, Indian negotiators told the Egyptian COP27 presidency that meeting the long-term goal of the Paris Agreement "requires phase down of all fossil fuels". "Selective singling out of sources of emissions, for either labelling them more harmful or labelling them 'green and sustainable' even when they are sources of greenhouse gases, has no basis in

Area under moderately dense mangroves fell in 10 years, shows data

Overall mangrove cover increased between 2011 and 2021

Sitharaman, Yellen urge bilateral cooperation amid geopolitical uncertainty

Visiting US official speaks about 'shared goals' on climate change, debt burden of developing countries

COP27: India insists on new global climate finance target by 2024

Developing countries require substantive enhancement in climate finance from the floor of USD 100 billion per year to meet their ambitious goals and rich countries need to lead the mobilisation of resources, India has stressed at the ongoing UN climate summit COP27. At COP15 in Copenhagen in 2009, developed countries had committed to jointly mobilise USD 100 billion per year by 2020 to help developing countries tackle the effects of climate change. Rich countries, however, have repeatedly failed in delivering this finance. Developing countries, including India, are pushing rich countries to agree to a new global climate finance target -- also known as the new collective quantified goal on climate finance (NCQG) -- which they say should be in trillions as the costs of addressing and adapting to climate change have grown. At a high-level ministerial dialogue on NCQG at COP27 on Wednesday, India highlighted that climate actions to meet the NDC targets require financial, technological,

TMS Ep300: India's job market, EV scooter, Markets, MAC

Why're we getting mixed signals from India's job market? How the EV scooter market saw consolidation? Can US midterm election trigger a market rally? What's Mangrove Alliance for Climate? Answers here

What is COP27?

Leaders of over 150 countries are currently camping in Sharm el Sheikh, for the COP27 summit. The outcome of the summit may determine the future course of humanity. But what is COP27?

Climate change to impact mountains, human activity on global scale: Study

Climate change will negatively impact mountain landscapes and human activity globally by increasing the risk of hazards such as avalanches, river floods, landslides, debris flows and lake outburst floods, a study has warned. The researchers noted that under the threat of climate change, mountain landscapes all over the world have the risk of becoming more hazardous to communities surrounding them, while their accelerated evolution may bring further environmental risks. The study, published in the journal PeerJ, shows how complex mountain systems respond in very different and sometimes unexpected ways to climate change, and how these responses can affect mountain landscapes and communities. "Worldwide, mountain glaciers are in retreat because of global warming and this is causing impacts on mountain landforms, ecosystems and people. However, these impacts are highly variable," said Professor Jasper Knight, from the University of the Witwatersrand in South Africa. "The latest report

Environment Minister Bhupender Yadav to lead India at COP27 in Egypt

India is fully engaged with the process and is supportive of the efforts by Egypt government for substantive outcomes at COP 27