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The Latest Breaking News on The corporate world is falling short in the fight against climate change

COP27 considers 'loss and damage' fund, but has yet to commit - draft text

The United Nations on Monday published a draft text setting out what the COP27 climate summit could agree on "loss and damage" financing for countries ravaged by climate impacts.

Reuters

Carbon emissions likely to reach an all-time high this year: report

Climate negotiators are wrestling with the toughest challenges that divide rich and poor nations.

Axios

Climate Reparations and the Problem of Pervasive Corruption

At COP27, poor countries demand climate change "loss and damage" funding from rich countries.

Reason

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China backs Glasgow language on warming targets for COP27 deal

China climate envoy Xie Zhenhua said on Monday that Beijing would like a COP27 deal that contains language similar to last year's agreement in Glasgow on targets for limiting global warming, and was not opposed to mentioning 1.5 degree Celsius.

Reuters

Cop27 is full of politicians and policymakers – but the global south doesn’t work that way

How can we deal with environmental destruction without listening to those who know it best, asks social activist Ndileka Mandela

The Guardian - UK

Climate confab heads into final week, warming goal uncertain

Global climate talks in Egypt are headed into their second half with plenty of uncertainty left over whether there’ll be a substantial deal to combat climate change

The Independent UK

U.N. chief urges G20 nations to work together on climate

U.N. Secretary General Antonio Guterres on Monday heaped pressure on G20 nations to work together to slow global warming, saying their action, or inaction, would dictate the fate of the planet.

Reuters

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G7 launches climate 'Shield' fund, some countries wary

A G7-led plan dubbed "Global Shield" to provide funding to countries suffering climate disasters was launched at the U.N. COP27 summit on Monday, although some questioned the effectiveness of the planned scheme.

Reuters

Australian climate minister to target World Bank’s response to crisis in Cop27 speech

Australia is back as a ‘constructive collaborator’ in negotiations, Chris Bowen will tell summit, as he calls for more commitment from institutions

The Guardian - AU

Analysis-In final week of COP27 climate talks, success hinges on 'loss and damage'

This year's COP27 climate summit in Egypt headed into its final week on Monday with nearly 200 countries racing to strike a deal to steer the world towards cutting planet-warming emissions and scale up finance for countries being ravaged by climate impacts.

Reuters

The Latest | UN Climate Summit

More than two dozen climate activists protested to pressure industrialized nations to pay for the destruction caused by climate change in the most vulnerable nations

The Independent UK

‘This could be the Cop where we lose 1.5C,’ warns Alok Sharma – as it happened

As negotiations develop, some countries pushed to weaken the goal of keeping a global temperature increase to 1.5C

The Guardian - UK

UN climate talks enter home stretch split over money

SHARM EL SHEIKH, Egypt: COP27 entered its final week Monday with countries that grew rich burning fossil fuels and developing nations reeling from climate impacts at loggerheads over how to speed and fund reductions in carbon pollution.

Bangkok Post

4 signs of progress at the UN climate change summit

Something significant is happening in the desert in Egypt as countries meet at COP27, the United Nations summit on climate change.

The Conversation

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Reuters

COP27: Talks on carbon market rules off to slow start

Countries are far from agreeing on technical details for running global trading in carbon offset credits after one week of talks at the COP27 U.N. climate summit in Egypt, according to negotiators and observers, with delays threatening to blow a 2023 deadline.

The Guardian - UK

Water scarcity on agenda as Cop27 climate talks enter second week

Days scheduled to discuss issues such as women’s rights and civil society alongside formal negotiations

Bangkok Post

Will the Cop27 meet bring dread or hope?

Ask two different climate experts at the United Nations Climate Change Conference in Egypt (Cop27) to characterise their feelings about the future, and you may get quite different answers. "We are seeing more progress than we ever imagined," says one, while the other laments that we are heading full tilt…

Newsroom.co.nz

NZ absent on COP27 agriculture day

Rod Oram reports from the world climate summit that a session dedicated to agriculture had a notable absentee, New Zealand's Fonterra and farming industry

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The Guardian - AU

It was an avoidable mistake for Anthony Albanese not to attend Cop27

Momentum matters on climate, and he won’t get another chance to make an urgent first impression

Reuters

At COP27 climate talks, slow progress stokes worry over final deal

One week into this year's U.N. climate summit in Egypt, frustrations were starting to flare as negotiators worried about resolving myriad details in time for a deal by the summit's scheduled close on Friday.

Asharq Al-Awsat

Saudi Arabia to Establish Regional Center for Reducing Emissions

Saudi Energy Minister Prince Abdulaziz bin Salman announced on Saturday three new projects that will further enhance the Kingdom’s national and regional climate action.

The Guardian - US

A just transition depends on energy systems that work for everyone

Climate justice activists at Cop27 demand community-based renewable projects that work for the people, not corporations

The National (Scotland)

Campaigners’ anger as leaders repeat promises made at COP26

For activist Laura Young, attending COP27 in Egypt has been a different experience from the summit in Glasgow a year ago – with a sense of climate…

AAP

'In our interests' for China climate help

Federal Environment Minister Tanya Plibersek says its of everybody's interest for co-operation from China on climate change.

The Independent UK

Midway through UN climate talks, Egypt pushes to bridge gaps

Egypt is pushing to bridge the gaps between negotiating parties at the United Nations’ climate conference as negotiators finalize draft deals as the first week of the summit wraps up in the seaside resort of Sharm el-Sheikh

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