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COP29 Enters Critical Stage as Climate Finance Talks Stall

Negotiators at the COP29 climate summit in Baku face mounting pressure as the talks approach their final phase, with countries sharply divided over how much funding should be provided to developing nations to combat the effects of climate change. Yalchin Rafiyev, Azerbaijan’s chief negotiator, warned on Wednesday that “the hardest part begins now,” ahead of […]

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COP29: Taxing Oil Giants Could Generate Billions for UN Climate Fund, Report Finds

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 […]

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UN Climate Summits ‘Failing to Meet the Moment,’ Say Prominent Experts

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, […]

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