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...Its target for a 40 per cent reduction in greenhouse gas emissions by 2050, compared to 1990 levels, is conditional on international support....
...Inflows to US money market funds hit a record of nearly $1.19tn in the first 11 months of last year, according to data-tracking company EPFR....
...The World Bank has become a focal point for negotiations to find up to $9tn a year by 2030 to pay for action on climate change....
...As Pere Aragonès, Catalonia’s regional president, declared a drought emergency across the Spanish region in February, he issued a stark warning: “We are entering a new climate reality.”...
...The body also said it needs a further €78mn for its so-called supplementary budget, which comes from voluntary contributions but so far only has about €10mn in the pot....
...There was a “glimmer of hope” in the rise of clean energy sources after renewable power capacity additions of almost 50 per cent in 2023 from the previous year, to a total of 510 gigawatts....
..., in a speech in London on Wednesday....
...A survey by the Agriculture and Horticulture Development Board, a group that represents farmers and growers, found a “drastic further reduction in cropped areas”....
...Every COP from now on is a finance COP,” Topping said. “We’ve really focused on[nationally defined contributions] and NDCs are nice, but you can’t invest in an NDC.”...
...Thomas Jensen Chief Executive, Milestone Systems, Brøndby, Denmark...
...a flashpoint for governments around the world....
...Exxon did not immediately respond to a request for comment....
...Europe means a more subdued mood....
...Antarctica is coming under intense pressure from climate change, with sea ice levels nearing a record low at the same time as a rapid melting of swaths of the continent’s ice mass....
...a rights lawyer....
...group has sought to prevent such a vote by using the courts....
...In an interview with the Financial Times in London this week, Kerry said the moves away by the asset managers, coupled with a decline in pace on climate action, was a “problem” and an “unnecessary reaction...
...Attracta Mooney I think that the fact that we have all fossil fuels mentioned in a COP text for the first time in almost 30 years is a win....
...Oxford university has come under heavy criticism after its £6bn endowment fund increased its investment in fossil fuels just a few years after making a landmark commitment to divestment....
...In the US, a repricing of risks has sparked a significant rise in premiums....
...But in a speech at the ADA University in Baku on Friday, Simon Stiell, the UN’s top climate official, hit back against that stance, arguing that COP29 in November should be a “crucial enabling” summit....
...increase of more than a decade....
...Alec Taylor, head of policy production at WWF, said the report was a “damning assessment”....
...The El Niño phenomenon that warms the Pacific Ocean — historically a driver of drought — had a “much smaller influence”, the scientists said in the recent report....
...would have to play a big role....
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