COP28: Setting the Pace for a New Era
COP28 has mobilized over $83 billion in funding, along with 11 pledges and declarations launched and received historic support
COP28: Will There Be an Agreement to Phase Out Fossil Fuels?
Over 80 countries, including major oil and gas producers like Norway and the United States, are pushing for a pact to phase out all CO2-emitting fossil fuels
India Stays Away from Key Pledges, UAE Unveils Green Finance and Barbados Calls for Climate Tax
India has opted out of signing two major pledges at COP28, raising eyebrows and sparking discussions about its commitment to global climate action
Finance Industry Gathers at COP28 to Forge Path to Low-Carbon Economy
This year’s summit marks an unprecedented gathering of finance industry representatives at a United Nations Conference of the Parties (COP), underscoring the growing recognition of the critical role finance plays in addressing climate change
COP28: Highlights of Day 2
# Commitments worth $450 million for Loss & Damage fund
# Guterres urges for phasing out of fossil fuel
# India Pledges to Step Up Renewable Energy Efforts at COP28
# US Vice President Harris to Take Lead at COP28 in Last-Minute Shift
Blended with Hope and Uncertainty, COP28 Begins in Dubai
Will the goalposts be shifted in COP28 to frame carbon capture and storage as the primary agenda instead of the phasing out of fossil fuels?
PM Modi to participate in COP28 at Dubai
Prime Minister Narendra Modi will be attending the World Climate Action Summit from November 30 to December 1, at Dubai
Richest 1% emit as much planet-heating pollution as two-thirds of humanity, Says Oxfam
#Carbon emissions of richest one percent surged to 16 percent of world’s total CO2 emissions in 2019.
#Their carbon emissions are enough to cause 1.3 million excess deaths due to heat.
#Unequal countries suffer seven times more flood fatalities than more equal countries.
#Fairly taxing the super-rich would help curb both climate change and inequality.
JUNA, a JV by Scania and Sennder to drive large-scale electric truck adoption in Europe
– JUNA combines Sennder’s technology with Scania’s premium electric trucks to create a pay-per-use model.
– This model offers transport companies access to electric truck solutions and guaranteed capacity and load through Sennder’s digital platform.
– It eliminates upfront costs and concerns about the resale value of electric trucks.
Man-made climate changes could kill a billion people
If the Earth’s temperature increases by 2°C or more in this century, mainly poorer populations will be at risk, potentially resulting in one billion fatalities, says a report