ENVIRONMENT
COP30: Brazil summit ends in ambiguity as leaders dodge hard choices on fossil fuel and finance
The UN climate summit ended with nations stuck over money and phasing out fossil fuels, leaving crucial questions on finance and adaptation unresolved as climate threats intensify
ENVIRONMENT
COP30: India slips hard in global climate performance scorecard as pressure mounts
India’s sharp fall in the global climate performance index rankings highlights mounting strain on its energy system and rising climate risks, even as negotiators push for a breakthrough in the Brazil climate summit
WORLD
COP30: Climate summit hits wall on finance, trade and transparency
The UN climate summit in Brazil reached its midpoint with no agreement on how to raise $1.3 trillion a year, settle trade disputes, or verify national promises on emissions cuts.
ENVIRONMENT
COP30: Global climate finance goals miss mark as actual needs far exceed commitments
Developing countries face a huge funding gap for climate action as targets agreed upon at last year’s climate summit are insufficient against actual requirements, a new assessment shows
BUSINESS
COP30: India will decide fate of global energy markets in the next decade
The latest world energy outlook shows that investments in clean energy are soaring while fossil fuel expansion plans accelerate, and the fallout will reshape India’s economic future
INDIA
COP30: India faces unprecedented climate costs as extreme weather wreaks havoc
WORLD
COP30: Global climate finance faces moment of reckoning as UN summit opens in Belem
As COP30 opens in Belem, the world confronts a widening gulf between soaring pledges and stalled delivery amid growing climate disasters and receding political urgency
WORLD
COP30: Climate summit in the Amazon will test if promises can pay for progress
The climate summit in Brazil will measure the success of global negotiations on turning climate finance pledges into delivery, even as UN reports warn emissions and finance gaps are widening amid geopolitical uncertainty
INDIA
OPINION | India’s climate disclosure regime needs careful calibration
RBI and SEBI want banks and companies to report climate risks, but messy rules and weak oversight could create expensive paperwork instead of useful information for investors
BUSINESS
Cutting Forests, Cutting Corners: India’s forest policy is sabotaging its own climate goals
India is dismantling the forest protections it needs to meet its climate commitments, creating a policy contradiction that undermines both carbon sequestration capacity and economic competitiveness
TECHNOLOGY
India’s EV Surge: Charging ahead or running on empty?
Although India’s electric vehicle transformation is accelerating, there is an uncomfortable truth of systemic vulnerability behind the bustling activity and promotional noise
BUSINESS
Climate-proof and Profitable: the hidden upside of adaptation investments in India
Adaptation isn’t just climate insurance but also a smart investment. In India, projects that bolster resilience are delivering powerful profits, showing that climate-proofing can be as lucrative as it is necessary
WORLD
Global talks falter at Baku climate summit, funding concerns remain despite deal
After two weeks of intense negotiations that ran into overtime, it was decided at the 29th Conference of Parties (COP29) held in Azerbaijan’s Baku that rich countries will provide funding of $300 billion to be reached in 10 years in grants and concessional loans.
WORLD
COP29: Pressure mounts on wealthy nations to commit at least $1 trillion in climate financing
Poorer nations, which have been disproportionately impacted by the climate emergency, have spoken about the critical need to bridge the growing finance gap.
WORLD
COP29: India remains among highest performers in climate change performance index
One of the main reasons for India’s high ranking was because it had the lowest emission per person among the major economies, according to index co-author Jan Burck of Germanwatch
INDIA
COP29: No progress on financing to address climate change as Baku summit enters second week
A breakthrough may happen as ministers from several countries arrive for the conference’s second week to resolve the contentious issue of how much wealthy nations should pay emerging economies to move away from fossil fuels
WORLD
COP29: Civil society protests mark energy day at UN climate summit in Azerbaijan
The Baku summit is focused on securing climate crisis financing, but activists argue that discussions on reducing fossil fuel emissions have been sidelined.
WORLD
COP29: Global carbon emissions to scale new peak in 2024, no signs of pledged transition
WORLD
COP29: Carbon market rules endorsed at UN climate summit even as fight erupts over carbon tariffs
Developing nations’ bid to add carbon border tariffs to the Baku climate summit agenda failed. However, delegates agreed on a framework for the global carbon market.
WORLD
COP29: Shadow of Trump presidency looms as climate diplomats head to Azerbaijan for UN summit
The return of Donald Trump to the White House could derail global efforts to grapple with the climate emergency as negotiators gather at the annual UN summit from Monday in Baku, Azerbaijan’s capital, where ensuring funds to tackle the deepening crisis is expected to take centerstage.
BUSINESS
COP28: Climate finance must follow Dubai deal on moving away from fossil fuels, say experts
The financial offering from rich states to poor is far too small since developing and poor nations have little to no capacity to invest in clean energy or adaptation in the near term, experts said
BUSINESS
COP28: UN summit makes little progress on providing funds for adapting to climate crisis
While there is broad agreement that financing adaptation is crucial, there has been little movement on the ground.
BUSINESS
COP28: Consensus on phasing out fossil fuels may elude Dubai summit
After a slew of declarations and pledges, negotiators will now double down on reaching consensus on the contentious issues of climate finance and phasing out fossil fuels.
BUSINESS
COP28: Energy Day roiled by outrage over oil lobbyists amid alarming climate change reports
Two scientific reports pointed to inadequate progress in containing global temperature rise on a day campaigners released a list of oil lobbyists that showed their participation has risen four times within a year to nearly 2,500 in a meet that seeks to phase out fossil fuels.
