The Business Times
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cop27

ESG

Nobel-winning economist calls for climate tax as carbon costs lives

EU and UAE will work to “ensure maximum support on global 2030 targets for the tripling of renewable energy and doubling of energy efficiency”.
ESG

EU, COP28 host UAE pledge to rally support for renewable goals

John Kerry told the Atlantic Council Global Energy Forum in Abu Dhabi the aim was to create bankable deals to accelerate reduction of emissions, stressing that the ETA was not a substitute for other funding sources and would be time-limited.
ESG

US climate envoy Kerry outlines carbon offset initiative for developing nations

Driving temperatures upward are record emissions of planet-warming greenhouse gases.
ESG

These are the climate numbers to watch in 2023

Delegates at COP27 in Egypt’s Sharm El-Sheikh reached a last-minute agreement to create a loss-and-damage fund to help developing countries impacted by climate change.
ESG

Six climate breakthroughs that made 2022 a step toward net zero

Fishermen on the water as smoke rises from chimneys at the Suralaya coal power plant in Cilegon, Indonesia. A US$20 billion deal was announced on the sidelines of the G20 Summit in Bali, Nov 2022, to wean Indonesia off coal.
Opinion & Features

Staying the course on decarbonisation

Climate activists at Sharm el-Sheikh calling on members of the G20 last week to stick to the temperature-rise limit of 1.5 deg C from pre-industrial levels. Developing countries and those likely to be hit by climate change can now claim the loss-and-damage fund as a diplomatic coup after years of pushing for it. But it could take years before they actually receive anything.
Opinion & Features

Developing countries win big at COP27 – but only in theory for now

The closing session of the COP27 climate conference in Sharm el-Sheikh on Sunday (Nov 22). This year's meeting in Egypt was the 27th in the series, and like last year's in Glasgow, a monster compared to its forebears.
Opinion & Features

The COP jamboree desperately needs a reboot

Youth activists hold signs during a demonstration urging world leaders to maintain policies that limit warming to 1.5 degrees Celsius since pre-industrial times and provide reparations for loss and damage, at COP27, in Sharm el-Sheikh, Egypt, Nov 19, 2022.
Opinion & Features

Why COP27 was one step forward, two steps back

German Foreign Minister Annalena Baerbock says: “It is more than frustrating to see overdue steps on mitigation and the phase-out of fossil energies being stonewalled by a number of large emitters and oil producers.”
International

COP27 approves last-ditch deal for historic climate damage fund

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