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COP29 Ends with Target to Triple Climate Finance to $300 Billion per Year

ESG Today

One of the key outcomes of the conference was an agreement on the creation of a New Collective Quantified Goal on Climate Finance (NCQG), aimed at aligning global financial flows with the objectives of the Paris Agreement, with nations agreeing that climate financing for developing nations should reach at least $1.3

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Is it time to scrap COP?

Corporate Knights

While the success or failure of COPs often boils down to the substance of final pledges agreed to by negotiators, some academics suggest that failures like the 2009 Copenhagen COP have led to successes like the 2015 Paris Agreement.

Academics 301
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Expectations Going Into COP28

3BL Media

Serving as a negotiator to the series of Climate Change COP events since COP21 (2015), where the Paris Agreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into landmark developments and prospects this year. I've been participating since COP 21 when the adoption of the Paris Agreement took place.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

In background briefings, officials said the announcement makes Canada the first of the world’s wealthiest countries to publish a detailed implementation plan for a pledge that was first announced at the G20 leaders’ summit in Pittsburgh in 2009.

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COP30 and the business of conservation

We Mean Business Coalition

It is when 190+ countries will come together to review their national climate plans and investments 10 years after adopting the Paris Agreement and amid intensifying climate impacts and geopolitical tensions. However, challenges remain in ensuring that conservation efforts persist alongside agricultural intensification.

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$650 million investment is the biggest so far in direct air capture

Envirotec Magazine

” Formed in 2009, Climeworks is a prominent pioneer of DAC technology and describes itself as the most advanced industry player, with the world’s largest direct air capture and storage plant launched in September 2021.

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Europe’s wood pellet market is worsening environmental racism in the American South

GreenBiz

South can be traced back to 2009, when wood pellets were touted as a “transition fuel” that could be used to advance the EU's climate goals — a 20 percent reduction in greenhouse gas emissions from 1990 levels, and a 20 percent increase in renewable energy by 2020. “As The rise of the wood pellet industry in the U.S.