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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
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UN chief: Fossil fuel firms without credible net zero plans 'should not be in business'

Business Green

The world's top diplomat used a speech today at the UN headquarters in New York City to deliver a characteristically stark warning of the impending climate and biodiversity crises facing the world, noting global warming risks "hurtling past" the 1.5C threshold without urgent action this decade. Your core product is our core problem.

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From plant-based diets to electric bikes: IKEA Foundation publishes climate philanthropy hit list

Business Green

The analysis, which was launched today at the COP27 Climate Summit in Sharm El Sheikh, was produced in collaboration with consultancy Systemiq and NGO RMI and will now inform how the IKEA Foundation deploys the new €600m of funding through to 2025.

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Alok Sharma to call for global financial system overhaul to meet climate goals

Business Green

Alok Sharma is set to call for major reform of the global financial system in order to accelerate flows of finance towards helping developing countries decarbonise and prepare for the worsening impacts of global warming, in his expected to be his final major speech as COP26 President.

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What is COP26? Here’s how global climate negotiations work and what’s expected from the Glasgow summit

Renewable Energy World

It was the first time the majority of nations formally recognized the need to control greenhouse gas emissions , which cause global warming that drives climate change. That agreement set the goal of limiting global warming to “well below” 2 degrees Celsius (3.6 F), and preferably to 1.5 degrees Celsius.

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COP26: Nations set out climate demands as crunch Glasgow talks step-up a gear

Business Green

US re-joins High Ambition Coalition, as snap analysis suggests commitments made in Glasgow could bring global warming trajectories down below 2C for the first time. warming pathway. Nick Mabey, co-founder and CEO of climate think tank E3G, said the HAC grouping "makes the political weather at COP".

Demand 39
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COP27: Frustration builds at lack of progress on fossil fuels, 1.5C goal, and nature

Business Green

Anger is building over the failure to secure much-needed commitments towards phasing out unabated fossil fuels and tackling near-term emissions as part of the final agreement brokered at COP27 over the weekend, with critics warning the chances of limiting global warming to 1.5C are hanging by the thinnest of threads.