A new report from Greenpeace International and Stamp Out Poverty has proposed that taxing some of the world’s largest oil and gas corporations could provide a significant boost to a United Nations fund aimed at addressing climate emergencies. The proposal was released during the COP29 climate summit in Baku. The nonprofits advocate for a progressively […]

The United Nations’ COP climate negotiations are “no longer fit for purpose” and require sweeping changes to address the escalating climate crisis, prominent figures including former UN Secretary-General Ban Ki-moon and former UN climate chief Christiana Figueres have warned. In an open letter to the UN, they called for stricter criteria for hosting the talks, […]

At the COP29 climate summit in Azerbaijan on Tuesday, November 12, the world’s largest multilateral development banks (MDBs) announced a landmark commitment to combat climate change. The institutions pledged to increase climate finance for low- and middle-income countries to $120 billion annually by 2030, a substantial rise from $75 billion in 2023 and $60.9 billion […]