Billions for agriculture and food
Billions of US dollars have been promised for the agriculture and food sector at COP28. So far, there has been a funding gap in this area.
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Billions of US dollars have been promised for the agriculture and food sector at COP28. So far, there has been a funding gap in this area.
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At COP28, the OPEC is resisting a departure from fossil fuels. In a letter to member states, OPEC calls for a blockade on the exit from fossil fuels.
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Many of the voluntary climate initiatives and pledges presented at COP28 are neither new nor detailed enough to significantly contribute to reducing greenhouse gas emissions by 2030.
By Nico Beckert
Morocco pledges to exit coal-fired power generation at COP28. A clear exit date has not been announced. Previously, the United States, UAE, Czech Republic, and others joined an alliance for coal phase-out.
By Nico Beckert
Twelve states have joined forces at COP28 to advance the phase-out of subsidies for fossil fuels. The states aim to develop national exit strategies.
By Nico Beckert
The UN Eastern European group has agreed on Azerbaijan as the host for COP29 next year after Armenia and Bulgaria withdrew their candidacies.
By Lukas Knigge
COP29 is likely to take place in Azerbaijan after the country reaches an agreement with Armenia, despite concerns about hosting the climate conference in a major oil and gas-producing state.
By Nico Beckert
Canada unveils a plan for emissions trading in the oil and gas sector at COP28, including a cap on emissions from these fuels. The production is not capped. Environmental NGOs praise the initiative but call for closing loopholes.
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For the first time, no country scores well in the annual "Climate Change Performance Index" for climate policy. The world must "switch to emergency mode," warn climate scientists. Germany performs relatively well, while the UK and the UAE score very poorly.
By Nico Beckert
According to a PwC study, investment in climate technologies has dropped to the lowest level in five years. Instead of mobility, most investments are now flowing into the energy sector.
By Caspar Dohmen