Funding for a UAE-US-led initiative to advance climate-friendly farming practices has grown to more than $13 billion, passing the $10 billion target set for Cop28, a US official said on Monday. The Agriculture Innovation Mission for Climate, or Aim for Climate, was launched in 2021 and had achieved commitments of $8 billion by last November. “Climate change […]
It is a measure of how technology has advanced that a modern smartphone is now more powerful than the vast computer Nasa used to manage the 1969 Apollo 11 mission, which culminated in Neil Armstrong and Buzz Aldrin walking on the Moon. This extraordinary progress in computing power is set to continue and even accelerate, because the […]
The Cop28 summit in the UAE could produce a new global battle plan to curb the worst effects of climate change, diplomats have said. A new “road map” could set out a way forward on switching to clean energy and helping vulnerable countries prepare for disasters. The idea was discussed at talks in Berlin this week jointly hosted by Germany and […]
Getting global climate goals back on track means the Cop28 summit in the UAE must rise to meet high expectations and overcome low levels of trust, especially in the countries hardest hit by change, said Dr Sultan Al Jaber, the meeting’s president-designate. Pointing to the latest report that the world was “off-track” to meet the […]
The leaders of Britain and Germany have been challenged to throw their weight behind a shake-up of global finance to pay for climate action in developing countries. The call comes as Germany hosts the three-day Petersberg Climate Dialogue, a summit laying the groundwork for Cop28 in the UAE. The developing world is lobbying for funds to deal with climate-related disasters that are […]
An Indian sailor who completed a gruelling 236-day solo race around the world with no technological support said he saw first-hand the devastating impact of climate change on our oceans. “I have been to the sea three times in the past 10 years in attempted circumnavigations. I can tell you that the sea is changing for the […]
Dr Sultan Al Jaber, President-designate of the Cop28 summit, has called for developing nations to be given access to funding to ensure they are not priced out of pursuing climate goals. The Minister of Industry and Advanced Technology and special envoy for climate change said some countries face being “held up in bureaucratic red tape” when seeking financial […]
It could cost more than $130 billion a year to end deforestation by the end of this decade, a report by a group of financiers, energy industry executives and academics has found. The Energy Transitions Commission, which counts senior BP and BlackRock employees among its members, said the analysis was an estimate of the funds needed “to overcome the […]
The UAE Ministry of Climate Change and Environment hosted a special event to accelerate the country’s journey to net-zero emissions by 2050. The session, held as part of the country’s National Dialogue for Climate Ambition, highlighted the gaps in climate finance for decarbonisation of the economy and urged everyone — particularly in private-sector financial entities — to increase green […]
About half of global corporate executives say worsening economic headwinds are hampering progress on their sustainability initiatives, a Google Cloud survey has found, as companies are caught in the crosshairs of environmental pressures and a slowing global economy. Difficulties in accurately measuring environmental, social and governance (ESG) efforts and the lack of corporate organisational structure with clear accountability are […]
