There was ultimately no deal on carbon markets at Dubai; talks have been postponed for Baku
Photo: Joel Michael / CSE
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COP28 Dubai: Climate finance to developing countries needs to quadruple by 2030 to reach Paris goals, says new report
Developed countries must lead by tripling the amount of bilateral concessional finance by 2030, say authors
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COP28 president urges nations to update NDCs to cover methane, other non-CO2 greenhouse gases
US, EU and others mobilise $1 billion in new grant funding to reduce methane, HFC emissions, announces US envoy John Kerry
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Developed nations should phase out fossil fuels by early 2030s, fund developing nations: Report
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US, UK, EU, Japan, and Australia must more than double NDC ambition to reach lower end of their fair share
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UNEP proposes action plan to reduce emissions from cooling sector
Measures could slash predicted 2050 greenhouse gas emissions by 60%
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COP28: Developed countries owe $500 billion to developing ones under new climate finance goal, finds UNCTAD
Some $250 billion of the $500 billion owed should go to mitigation, $100 billion for adaptation and $150 billion for loss and damage
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Controversial, flawed method enters UN carbon market draft text at COP28
Decisions on emission avoidance and conservation enhancement activities awaited
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Tensions rise over negotiating text on global carbon market on COP28 penultimate day
Objections raised by several blocs over the wording of the text
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US being biggest oil & gas producer should provide finance package for energy transition at COP28: Civil society
US cannot call out other countries for not phasing out at the same time as them, say activists from developing countries
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No deal on global carbon market, bilateral carbon emissions trading agreements at COP28; civil society hails move
It would have put human rights, rights of Indigenous Peoples and ecosystem integrity at risk, say civil society members
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