4 hours ago ‘No deal is better than a bad deal’: Cop29 deadlocked over climate fund

Dismay at ‘weak’ interim deal as talks stretch past summit deadline

Economics

7 hours ago Developing countries urged to reject ‘bad deal’ as Cop29 climate talks falter

Talk grows of a walkout from poor countries in response to ‘unacceptable’ and ‘insulting’ finance proposalDeveloping countries were being urged by civil society groups to reject “a bad deal” at the UN climate talks on Friday night, after rich nations refused to increase an “insulting” offer of finance to help them tackle the climate crisis.The stage is set for a bitter row on Saturday over how much money poor countries should receive from the governments of the rich world, which have offered $250bn a year by 2035 to help the poor shift to a low-carbon economy and adapt to the impacts of extreme weather. Continue reading...

Politics

11 hours ago Think the Cop29 climate summit doesn’t matter? Here’s five things you should know

The battle who pays how much to fund the switch from fossil fuels, what to do about nuclear power, and who hosts Cop31 are key questionsThe UN climate talks in Azerbaijan, scheduled to finish Friday local time, are dragging into the weekend as delegates from nearly 200 countries struggle to reach a consensus on the key issues being debated: a new global climate finance goal and what needs to be done about fossil fuels.But what is happening in Baku matters, no matter how frustrating a process and inadequate an outcome it may seem. Here’s why. Continue reading...

Politics

11 hours ago Think the Cop29 climate summit doesn’t matter? Here are five things you should know

The battle who pays how much to fund the switch from fossil fuels, what to do about nuclear power, and who hosts Cop31 are key questionsThe UN climate talks in Azerbaijan, scheduled to finish Friday local time, are dragging into the weekend as delegates from nearly 200 countries struggle to reach a consensus on the key issues being debated: a new global climate finance goal and what needs to be done about fossil fuels.But what is happening in Baku matters, no matter how frustrating a process and inadequate an outcome it may seem. Here are five things you need to know about it. Continue reading...

Politics

12 hours ago Cop29: $250bn climate finance offer from rich world an insult, critics say

Draft text under fire as poor nations wanted more of the money to come directly from developed countriesCop29 climate summit – live updatesDeveloping countries have reacted angrily to an offer of $250bn in finance from the rich world – considerably less than they are demanding – to help them tackle the climate crisis.The offer was contained in the draft text of an agreement published on Friday afternoon at the Cop29 climate summit in Azerbaijan, where talks are likely to carry on past a 6pm deadline. Continue reading...

Economics

20 hours ago In a board game, climate experts work to save the world, which diplomats at COP29 try in real life

While diplomats negotiated at the United Nations climate talks in Azerbaijan, climate experts played a board game where players are supposed to work together to combat global warming

Politics

21 hours ago Scot at COP29 says 'hours left to save planet' and prevent catastrophic climate talks 'flop'

EXCLUSIVE: Ben Wilson, from aid charity SCIAF, spoke to the Record from Baku amid fears talks for a vital climate deal could collapse.

Politics