COP29

Anger over Final Financial Settlement

Its all about the money

Anger over final financial settlement as the finance deal finally reached at the COP29 summit to assist less-developed countries tackle climate change has been bitterly criticised for being nowhere near enough. Negotiations in Azerbaijan – that over ran by 33 hours – saw richer countries raise their contribution to $300bn a year by 2035. The …

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It’s all About the Money

Its all about the money

It’s all about the money, as COP 29 comes to its conclusion. Just how much will be provided by richer countries to help poorer nations transition to a greener economy and cope with the impacts of climate change. The deal tabled on Friday afternoon, proposed wealthier countries give $250bn (£199bn) per year by 2035 to …

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Rosebank back in court

Rosebank approved

Rosebank back in court as Shell has won a landmark case in the Dutch courts, overturning a 2021 ruling requiring it to cut its carbon emissions by 45%. Ironically the ruling came as the UN climate talks (COP 29), involving some 200 countries, started in Azerbaijan earlier today. The Hague court of appeal said it …

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Crunch time for climate

Crunch time for climate

Crunch time for climate says UN as a massive global mobilisation of renewable energy, forest protection and other measures is needed to prevent the world reaching a catastrophic temperature rise of 3.1C, a report from the UN environment programme (Unep) has found. It says that current carbon-cutting promises by countries for 2030 are not being …

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