India’s Environment Secretary Leena Nandan also urged rich nations to take the lead in cutting emissions and achieving net-zero by 2030
Yunus said the climate negotiations, known as COP29, can be “humiliating” for poor countries. He likened the talks to a "fish market" packed with people trying to get the best bargains.
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
Environment Minister said the global industrial landscape has seen a significant shift since the launch of LeadIT, an initiative focusing on low-carbon industrial, in 2019.
Unlike mitigation, where progress can be tracked using a single metric, adaptation requires a more complex approach.
The tone has veered between optimism and concern about the pace of talks as negotiators have held marathon sessions aimed at finding a compromise on the fate of oil, gas and coal.
The 28th round of the annual UN climate talks to be held from Nov 03 to December 12 in the UAE and is anticipated to involve intense negotiations on compensation from rich countries to developing ones for climate impacts, fossil fuel usage, methane emissions, and financial aid for reducing planet-warming emissions and adapting to climate change.
The analysis by the Kick Big Polluters Out (KBPO) coalition comes amid a controversy over the appointment of Sultan Al Jaber, the head of the state-run Abu Dhabi National Oil Company, as the president of the upcoming UN climate talks (COP28) in Dubai. Al Jaber has, however, argued that having the oil and gas industry at the table is essential.
COP28, scheduled to take place from November 30 to December 12 in Dubai, UAE, will see the conclusion of the first-ever "global stocktake", a periodic review of collective progress to meet the Paris Agreement goals.
Making an intervention in the closing plenary of COP27, Union Environment Minister Bhupender Yadav also said the world should not burden farmers with mitigation responsibilities.
Countries around the world are set to gatehr in Egypt for the 27th United Nations Climate Change conference, commonly referred to as COP27, after the historic 2015 Paris Agreement. Keeping the Paris Agreement’s goal to limit global warming to 1.5 degree Celsius within reach will require an enormous acceleration of transformations across all systems this decade.
Five months after the world's most famous climate sceptic said he would yank the United States out of the 196-nation Paris Agreement, the diplomats and leaders tasked with implementing it remained both defiant and concerned.
Russian President Vladimir Putin accused Ankara of shooting down a Russian warplane to protect supplies of oil from the Islamic State group to Turkey.