Remove 2025 Remove COP Remove Events Remove Fossil fuels
article thumbnail

Not my COP of Tea

Business Green

After another full year of global warming events, from droughts to floods, the 196 countries represented in Sharm El-Sheikh failed to achieve even the basics: changing the Glasgow agreement to incorporate measures for combating climate change and reducing fossil fuel use.

COP 36
article thumbnail

UAE Promotes Its State Oil Company at COP27

DeSmogBlog

The United Arab Emirates has been criticised for promoting oil and gas as a clean source of energy, and for backing “false solutions” such as carbon capture technology, at the UN COP27 climate summit in Egypt, ahead of hosting the event next year. All of this expansion is inconsistent with the Paris Agreement,” Tong said.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

COP27: The most important meeting in human history?

Business Green

Is the COP27 Summit that kicks off in Sharm El Sheikh this weekend the most important COP meeting yet, and therefore one of the most critical gatherings in the entire history of humanity? It is, by the admission of the Egyptian hosts, an "implementation COP". If COPs did not exist you would need to invent them.

COP 101
article thumbnail

'Climate action is finally coming home on African soil': COP27 closes with historic deal on climate Loss and Damage

Business Green

But group of petrostates resist calls to phase down fossil fuels and accelerate decarbonisation efforts. The so-called High Ambition Coalition of nations argued the draft text should include a commitment to phase down all fossil fuels and clearer commitments to accelerate the roll out of renewables.

Soil 48
article thumbnail

Alok Sharma to call on IMF and World Bank to ramp up climate finance

Business Green

"This includes extending support for Just Energy Transition Partnerships (JETPs), country-led partnerships supported by G7 nations that will help decarbonise economies and accelerate the transition from fossil fuels to clean, renewable energy.".

COP 45
article thumbnail

Three things that could make COP27 a success

Business Green

Another COP is coming - the 27th United Nations Climate Change Conference. COP27 in Egypt is going to be taking place alongside war in Europe, concerns about energy security, and significant weather events occurring in both developed and developing countries. So how do we convert investment opportunity into actual investment?

article thumbnail

Resilient dividends and integrated energy: Five things we learnt from BP's net zero strategy

Business Green

The plan - which outlines how the oil giant intends to slash its oil and gas output by 40 per cent by the end of the decade, increase its annual spending on low-carbon technologies and energy 10-fold, and reimagine the fossil fuel business as an integrated energy company - has pushed BP from net zero laggard to what looks like a global leader.