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COP29 Deal Clears Path for Global Carbon Credit Trading Market
Countries at the COP29 climate conference reached a historic agreement on Saturday to establish rules for a global carbon credit market. This system is designed to help mobilize billions of dollars for climate projects that aim to reduce global warming. The deal was a decade in the making and marks
COP29 Adopts Baku Workplan to Empower Indigenous Peoples and Local Communities
COP29 took a significant step toward strengthening the role of Indigenous Peoples and local communities in global climate governance by adopting the Baku Workplan and renewing the mandate of the Facilitative Working Group (FWG) of the Local Communities and Indigenous Peoples Platform (LCIPP). This d
Fresh Proposals on Climate Finance Targets Released at COP29
The United Nations climate body has released new options ahead of the COP29 summit, focusing on how much financial support richer nations should provide to help poorer countries address climate change. With the summit taking place in Baku, Azerbaijan, the talks have made slow progress, especially o
OPEC Secretary-General Defends Fossil Fuels at COP29, Urges Emissions Focus Amid Growing Climate Concerns
OPEC Secretary-General Haitham Al-Ghais made headlines at the COP29 climate summit on Wednesday by defending the continued use of crude oil and natural gas, calling them a "gift from God" and stating that conversations about global warming should concentrate on cutting emissions rather than selecting certain energy sources.His remarks mirrored...
