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    Tag:COP29

    ‘Breaking Point’ Reached on Climate, While ‘Outdated’ Global System Needs Urgent Reform: Guterres

    In a powerful appeal to the world’s largest economies during the G20 Summit, UN Secretary-General António Guterres on Tuesday called for urgent climate action and reform of international institutions, warning that current systems are failing to meet global challenges.

    India Urges Global Leadership and Equity in Climate Action at CoP29 in Azerbaijan

    Kirti Vardhan Singh urged all nations to work with determination toward meaningful outcomes at CoP29, describing the conference as pivotal for shaping future climate action.

    Will COP29 Deliver the Trillions?  Can Countries Agree on a New Climate Finance Target?

    Round-the-clock negotiations in Baku on the always thorny topic of money are reportedly moving slowly. Delegates from developing nations are calling for more and faster progress on new funding for loss and damage and accelerated clean energy goals.

    COP29: Energy transition must not trigger a ‘stampede of greed’ – Guterres

    Climate talks at COP29 in Baku on Wednesday turned to the pressing issue of how to manage the demand for minerals essential to producing electric vehicles and solar panels without triggering a “stampede of greed” that exploits local communities and crushes the poor. 

    Climate Finance Missing to Deliver on Global Stocktake

    A year on from the ‘Global Stocktake’ on climate action, there are few signs of progress as climate adaptation remains ‘fragmented, uneven’. Experts say...

    With Fewer Than 100 Days to COP29, What’s on the Agenda?

    Creative solutions are needed, including from the private sector, to make Baku COP29 the 'finance COP', as it has been billed. Article 6 of...

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    Myanmar Human Rights Crisis Deepens as Aid Collapses, Attacks Intensify

    Since the military coup in February 2021, nearly 6,800 civilians have been killed and over 22,000 remain arbitrarily detained, he said. Humanitarian needs have soared, with nearly 22 million people in need of assistance and more than 3.5 million displaced by conflict.
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    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.

    Bangladesh Pays Off Major Dues to Adani, Avoids $20M Late Fee

    The Bangladesh Power Development Board (BPDB) confirmed it transferred a record $437 million in June to settle mounting arrears with Adani Power Jharkhand Ltd (APJL), the Indian firm operating the 1,496-megawatt Godda Ultra Supercritical Thermal Power Plant in Jharkhand.

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    Myanmar Human Rights Crisis Deepens as Aid Collapses, Attacks Intensify

    Since the military coup in February 2021, nearly 6,800 civilians have been killed and over 22,000 remain arbitrarily detained, he said. Humanitarian needs have soared, with nearly 22 million people in need of assistance and more than 3.5 million displaced by conflict.

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.