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The Latest Breaking News on The corporate world is falling short in the fight against climate change

Weighing up the good and bad outcomes of the COP27 climate summit

COP27 was notable for its increased corporate presence.

Fortune

COP27 was criticised, but what did it get right?

Criticism aside, sustainability expert Michael Spenley on why he’s taking an optimistic look at this year’s climate summit

Evening Standard

COP 27 marked a 'vibe' shift toward addressing the once taboo subject of climate adaptation

Adaptation was long off-limits because it acknowledges the harm of climate change, says BCG sustainable investing head.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Adapting to a hotter planet has never been more important, and progress edged forward at COP27

As the COP27 climate summit drew to a close over the weekend, it’s important to acknowledge that progress was made on climate adaptation – even if more can be done.

The Conversation

Disillusioned young and fossil fuel reps: how COP27 nearly foundered

The ambitions for this year’s international climate change conference were modest. The outcomes even more so.

360info

Kingdom to sign carbon transfer deal

Thailand recently announced it will participate in the Internationally Transferred Mitigation Outcomes (ITMO), a legal agreement between any two countries to market greenhouse gas (GHG) mitigation outcomes.

Bangkok Post

Cop27 has shown why a new economic order is vital

Letters: For decades, world leaders have pledged to reduce emissions, yet they continue to rise, says Richard Mountford. Plus letters from Harold Forbes, Martyn Thomas and John Gittings

The Guardian - UK

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After COP27, all signs point to world blowing past the 1.5 degrees global warming limit – here's what we can still do about it

The world could still, theoretically, meet its goal of keeping global warming under 1.5 degrees Celsius, a level many scientists consider a dangerous threshold. Realistically, that’s unlikely to happen.

The Conversation

A New Climate Change Loss and Damage Fund Established at U.N. Climate Change Conference

Poor countries expecting a climate change reparations bonanza will likely be disappointed.

Reason

UN climate boss settles for no cuts on emissions

New United Nations climate chief Simon Stiell in an interview with The Associated Press acknowledges the world didn’t do anything additional to address climate change at the COP27 climate summit this year

The Independent UK

COP27: how the fossil fuel lobby crowded out calls for climate justice

COP27 has just wrapped up. Despite much excitement over a new fund to address “loss and damage” caused by climate change, there is also anger about perceived backsliding on commitments to lower emissions and phase out fossil fuels.

The Conversation

COP27 will be remembered as a failure – here's what went wrong

Billed as “Africa’s COP”, the 27th UN climate change summit (otherwise known as COP27) in Sharm el-Sheikh, Egypt, was expected to promote climate justice, as this is the continent most affected but least responsible for the climate crisis. Negotiations for a fund that would compensate developing countries for the loss…

The Conversation

COP27's ‘loss and damage’ fund for developing countries could be a breakthrough – or another empty climate promise

Developing nations were justifiably jubilant at the close of COP27 as negotiators from wealthy countries around the world agreed for the first time to establish a dedicated “loss and damage” fund for vulnerable countries harmed by climate change.

The Conversation

COP27 key outcomes: progress on compensation for developing countries, but more needed on climate justice and equity

There were high expectations for COP27, the 27th Conference of the Parties to the UN Framework Convention on Climate Change.

The Conversation

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The New Daily

COP27 Summit: The key takeaways from the 2022 climate conference

The COP27 climate summit in Egypt has delivered mixed results and left some big issues unresolved. Here are some key takeaways.

Reuters

Explainer-How far has COP27 inched beyond past climate deals?

Beyond the headlines from the annual U.N. climate conference, progress in advancing the global climate agenda relies on the behind-the-scenes efforts of technocrats over years.

Asharq Al-Awsat

Egyptian Minister: We Worked With 100 Partners to Study Mechanisms Stimulating Fair Funding

International Cooperation Minister Rania Al-Mashat said that Egypt's most important success in hosting the COP27 climate conference was directing the world’s attention to the Middle East and mobilizing international efforts to support Africa. “Egypt was able to provide a model for the world and emerging countries by its ability to…

The Guardian - UK

Cop27 failed on keeping global heating to just 1.5C, Ed Miliband says – as it happened

Shadow secretary for climate change and net zero accuses global leaders of ‘fiddling while the world burns’

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news in one place.

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Asharq Al-Awsat

COP27 Reaches Breakthrough Agreement on ‘Loss and Damage’ Funding

The UN Climate Change Conference COP27, held in Egypt’s resort town of Sharm al-Sheikh, reached an unprecedented breakthrough agreement to provide “loss and damage” funding for vulnerable countries hit hard by climate disasters. Despite the step forward in loss and damage funding, summit parties were unable to agree on other…

The Guardian - AU

Pacific leaders celebrate Cop27 victory on loss and damage fund after decades of advocacy

Pacific countries have fought for fund to provide assistance to poor nations hit by climate disasters for three decades

Daily Mirror

COP27 strikes historic climate change deal as Rishi Sunak says "more must be done"

Officials and negotiators agreed a deal in the early hours of Sunday to create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries' carbon pollution.

The Guardian - AU

Australia’s new approach was a rare positive at Cop27 – but now the need for action is all the more acute

Qualified victory was snatched from defeat at the climate summit with a genuine and surprising agreement on loss and damage. But there’s still no plan to get to 1.5C

Bangkok Post

Asia must seize energy opportunity

A year ago, following US President Joe Biden's election win, multilateralism once again became the beating heart of global climate action. G20 leaders agreed to more ambitious near-term climate targets en route to achieving net-zero emissions by mid-century, and they committed to ending inefficient fossil-fuel subsidies and cooperating on clean…

Newcastle Herald

COP27 ends in promise to help poorer countries but rich countries must first help themselves

The search for global climate balance

The Guardian - UK

World still ‘on brink of climate catastrophe’ after Cop27 deal

Experts say biggest economies must pledge more cuts to carbon emissions but hail agreement to set up loss and damage fund

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