PARIS CLIMATE AGREEMENT
China rules out hosting 2028 UN climate talks: Report
China has ruled out hosting the UN climate talks in 2028 after considering the option for months. Another Asian-Pacific nation may now have the opportunity to host COP33 due to this decision. Earlier, India had withdrawed from hosting this event, while South Korea has expressed interest. The upcoming climate talks will assess global progress on climate action and evaluate the goals of the Paris Agreement.
World leaders urge stronger and faster action at UN climate talks over inadequate response
World leaders gathered in Turkey for COP31 to discuss effective strategies to combat climate change. Notably absent are leaders from major polluting nations, including the United States, China, and India. U.N. Secretary-General Antonio Guterres urged immediate action in his opening speech and suggested a framework for cooperation. Brazil's President Luiz Inacio Lula da Silva emphasized the need for global leadership on environmental issues.
Climate crisis is outrunning world, UN chief Antonio Guterres warns leaders at COP31
UN Secretary-General Antonio Guterres addressed world leaders at the COP31 summit in Turkey regarding climate change action. He warned that the slow international response threatens the planet's future and urged countries to implement clean energy solutions. Negotiators from nearly 200 nations are currently seeking agreement on enhancing electricity's role in global energy consumption. The summit occurs amid significant geopolitical challenges and alarming climate data highlighting increasing global temperatures.
World leaders begin talks as COP31 faces pressure to turn climate promises into action amid rising global warming
World leaders are gathering in Turkey for the UN climate conference COP31 amid mounting pressure to translate climate commitments into concrete action. The summit comes after a year of deadly climate-related disasters, stalled progress on fossil fuel reductions and growing concerns that global warming will exceed the 1.5°C threshold set under the Paris Agreement. Rising energy prices linked to the Iran war and the absence of the US delegation add to the challenges facing negotiations.
No one should be left behind in efforts to tackle climate change: India at COP31
At the ongoing COP31 climate conference in Turkiye, India highlighted the urgent need for equity in climate action. The country reaffirmed its commitment to addressing adaptation needs, especially for the Global South. India called attention to the critical role of public finance from developed nations in supporting developing countries. Additionally, India's statement emphasized the importance of Article 9.1 of the Paris Agreement for financing.
Iran uses global climate talks to highlight impact of US strike on Minab school
Iran is utilizing the COP31 climate summit to highlight the consequences of a US missile strike on a school. The national pavilion features images of the incident’s aftermath along with a virtual reality experience. Additionally, visiting officials will see exhibits from Ukraine addressing efforts in renewable energy amid conflict. The conference has become a platform for discussing global energy price increases related to regional conflicts.
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Global climate talks open with big questions, smaller goals
Climate negotiators from nearly 200 countries are attending COP31 in Antalya, Turkey, to address rising global temperatures and emissions. The summit will focus on achieving existing commitments rather than making ambitious new goals amidst geopolitical tensions and financial constraints.
Climate finance remains key friction point as COP31 opens in Turkiye's Antalya
COP31 commenced in Antalya, where climate finance was added to the agenda after negotiations. Developed countries opposed the proposal for a dedicated discussion on adaptation finance. Concerns were raised regarding the weakening trust among nations over the inclusion process. The African Group's suggestion for increased adaptation finance was notably rejected. As COP31 emphasizes implementation, delegates stressed that financial support is essential for achieving climate goals.
India's net-zero transition aim by 2070 offers $22.7 tn investment opportunity for global capital
India's push to achieve net-zero emissions by 2070 could unlock a $22.7 trillion investment opportunity across renewable energy, power grids, battery storage, green hydrogen and clean technologies, according to a report by Australian economist Nicki Hutley. The report estimates a $6.5 trillion funding gap, which will require international capital to bridge.
World's largest climate summit COP31 opens as climate and geopolitical pressures mount
The UN climate talks are set to begin in Antalya, where rising temperatures create an urgent need for global cooperation. More than 100,000 attendees from nearly 200 countries are expected to discuss climate action and funding for developing nations. The ongoing geopolitical tensions complicate negotiations, especially regarding fossil fuel transitions. Additionally, developing countries are advocating for increased adaptation finance to combat climate impacts.
COP31 a 'moment of truth': UN chief Guterres urges world leaders to act now on climate change
António Guterres has urged global leaders to take immediate action against climate change ahead of the COP31 summit. He emphasizes that responsibility should not be shifted and that everyone must commit to change now. Guterres highlights the worsening impact of climate disasters and the interplay between climate change and other global challenges. Additionally, he believes that fossil fuel companies should contribute by being taxed on their profits.
How China's clean-tech machine is reshaping the global climate fight
In 2024, China took the lead as the top investor in global clean technology, directing $132 billion to developing nations to aid carbon reduction efforts. This unprecedented infusion of resources could potentially reshape the landscape of international climate finance.
In a divided world, COP31 aims for agreement on electrification
COP31, kicking off November 9 in Antalya, Turkey, is all set to spotlight the global push for electrification. With a target to raise electricity's contribution to final energy demand to 35% by 2035, nations are keenly examining how electrification can effectively curb fossil fuel use.
Brazil offers road map to phase down fossil fuels, halt deforestation
Building on the decision adopted at the first global stocktake of the Paris Agreement at COP28 in Dubai in 2023, these seek to advance climate action, strengthen international cooperation and mobilise investment, while supporting economic development, energy security and people's livelihoods. "This is the last delivery of the COP30 presidency," said Ana Toni, chief executive of the 2025 round of the UN climate talks.
AI is part of solution for climate change, COP31 pledge says
Turkey is set to introduce a pledge at the upcoming COP31 climate summit in Antalya. This pledge suggests that artificial intelligence can help in combating climate change effectively. However, data centers are reportedly increasing fossil fuel emissions significantly, raising environmental concerns.
Green financing in India rises to $82 billion, but flows mostly to established sectors: Report
The Landscape of Green Finance in India, now in its fourth edition, maps actual finance flows or disbursements across sources, instruments, sectors, and subsectors for financial years 2022-23 and 2023-24. According to the report, while green finance has increased substantially between 2016-17 and 2023-24, financial flows remain concentrated in established sectors and technologies.
Heat-related deaths up 36% since Paris Agreement: Lancet
The report, which was released on Wednesday, said the annual average heat-related deaths rose by nearly 36% globally after the Paris Agreement was introduced. "In 2023 alone, heat was linked to a record 710,000 deaths with more than 70% of that toll attributable to human-caused climate change," it said.
UNEP's 1.5°C warning: The world may cool down again. What happens when the heat retreats but the damage stays?
According to a report by the United Nations Environment Programme long-term global warming is expected to cross 1.5°C above pre-industrial levels within the next few years before coming down. So the question is: Will the colling down really help?
Nations get moving on Paris Climate Accord, but the pace is slow: UNFCCC
The reports assess the progress countries have made towards tackling climate change and achieving the goals of the Paris Agreement. Countries are investing in the clean energy transition, adapting to the impacts of climate change and building resilience, and there are international financial flows to climate action, the reports said.
BRICS parliamentary forum condemns Pahalgam attack, calls for UN reforms
The 12th BRICS Parliamentary Forum took place in New Delhi, gathering legislative leaders from various member nations. Delegates emphasized the need to reform the United Nations for more effective global governance while condemning terrorism and unilateral sanctions. The forum expressed concern over regional conflicts, urging resolutions based on human rights and humanitarian law.
German businesses now see India as manufacturing, R&D and innovation hub: Piyush Goyal
German companies are increasingly viewing India as a strategic manufacturing and innovation hub for the future. During a recent visit, Commerce and Industry Minister Piyush Goyal engaged with major firms about expanding cooperation. The India-EU free trade agreement is set to strengthen trade ties significantly later this year. Indian capabilities in research and development are attracting substantial German investment and workforce expansion.
Goyal reminds developed countries of $100 bln climate finance pledge, says 'haven't seen nickel or dime of that'
Union Minister Piyush Goyal addressed the Berlin Global Dialogue, criticizing developed nations for unmet climate finance commitments. He highlighted the disparity in carbon emissions between developed countries and India. Goyal pointed out the failure of developed nations to support climate initiatives in vulnerable regions. India, representing a large population, is still committed to a rapid green energy transition.
India set to meet 2030 green goals, but UN issues a global warning
India is expected to meet its 2030 and 2035 climate targets due to ambitious renewable energy initiatives. The UN report highlights the global emissions gap, which needs urgent addressing to limit warming. Current policies may lead to a temperature rise of 2.8 degrees Celsius, indicating insufficient global commitment. However, India's actions stand out, with projects such as the Carbon Credit Trading Scheme showing promise.
The world is falling further behind on climate action, and the US looms large
Humanity is heading towards a hotter world due to increasing carbon emissions primarily from the United States. The United Nations Environment Programme has updated its climate projections, indicating a potential rise of 1.2 degrees Celsius. The report notes that while most economies reduced emissions, the United States' emissions have surged significantly. These changes could lead to severe consequences for vulnerable communities and ecosystems globally.
Ahead of COP31, UN sees higher global warming, even in best-case scenario
Global warming is now projected to exceed previous estimates, with average temperatures expected to rise significantly. Urgent and stringent cuts in greenhouse gas emissions are crucial to achieve best-case outcomes by mid-century. Current national emissions reduction plans fall far short of the necessary targets outlined in the recent UN report. As countries prepare for COP31 in Turkey, the need for decisive action becomes increasingly urgent.
El Nino pushes Pacific to its hottest ever, and global temperatures show no sign of cooling
El Nino has reached an all-time high in sea surface temperatures, significantly surpassing previous peaks. The rising temperatures are expected to have long-term effects on global climates until at least 2027. In India, El Nino typically leads to reduced monsoon rainfall, which already showed a deficit this year. Experts have warned that this phenomenon could further threaten agricultural yields and increase inflation.
Turkiye, Australia outline COP31 climate action agenda
As the UN climate talks approach in Antalya next month, Turkiye and Australia have shared their strategic priorities. Emphasizing the urgency of climate action, Australia's Climate Change Minister Chris Bowen called for significant support during the discussions. The two nations are pushing for a collaborative and open negotiation process, aiming for a unified agreement on essential issues, including acknowledging the critical temperature limit of 1.5 degrees Celsius.
Majority of food delivery, quick-commerce riders seek clean restrooms, eating spaces: Report
A recent survey indicates that gig economy riders in India desire access to clean restrooms and seating areas. Many workers frequently operate for extended periods, often exceeding ten hours each day, during their shifts. A significant portion of respondents live away from their families, which impacts their daily experiences. The survey highlights the need for improved facilities to enhance the overall working environment.
At Pre-COP31, Bhupender Yadav calls for closing climate gaps, fulfilling Paris Agreement commitments and accelerating implementation
Union Environment Minister Bhupender Yadav addressed COP31 priorities during the Pre-COP31 meetings in Fiji. He highlighted the need for bridging knowledge gaps and fulfilling climate obligations effectively before upcoming conferences. Yadav conducted bilateral talks with UN officials, focusing on significant climate priorities such as adaptation and climate finance.
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