Category: Climate finance

Keir Starmer to unveil ambitious new UK climate goal at Cop29

Exclusive: Target is 81% emissions cut compared with 1990, but activists say it must be backed by plan of actionKeir Starmer will announce a stringent new climate goal for the UK on Tuesday, the Guardian can reveal, with a...

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Global rich must pay more to tackle climate crisis, says architect of Paris deal

Laurence Tubiana, one of experts behind 2015 agreement, calls for taxes or charges on consumptionRich individuals in all countries must pay more to tackle the climate crisis, whether through taxes or charges on consumption, one...

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UK accused of ‘moving goalposts’ on climate finance commitments

Watchdog says ministers reclassified £1.7bn of existing aid but may still miss promises to poorer countriesMinisters have been accused of “moving the goalposts” to meet the UK’s international climate...

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Cop28 live: draft text receives mixed reactions after calling for ‘transition away’ from fossil fuels

The organisers of the Dubai summit have been working on a new version of the global stocktake after the first draft met with strong criticismWe are shortly expecting a plenary to take place. The plenary sessions are the...

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Cop28 live: talks expected to extend beyond official summit end after ‘insufficient’ draft text

New draft text released by presidency omits reference to phase out of ‘fossil fuels’Tuesday morning at Cop28 and we’re back in a waiting game. Heads of delegation met until the early hours, mostly expressing...

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New global stocktake text includes fossil fuels but avoids ‘phase-out’ language – Cop28 live

Fossil fuel production and consumption will be reduced by 2050 in line with scientific advice, according to new draft agreementThe UN secretary general, António Guterres, has been speaking to reporters at Cop28,...

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Cop28 live: scientists warn of catastrophic climate tipping points as summit continues

Sixth day of Cop28 comes as new report says threats to humanity drawing closer as carbon pollution heats the planet to ever more dangerous levelsCountries negotiating at Cop28 must not fall into the trap of point scoring and...

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