Media Coverage

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In a historic first, rich countries will pay for losses and damages caused by climate change

Loss and damages fund has long been a demand of the developing world, which is facing the brunt of climate change. At COP27, talks over the fund nearly broke down late Saturday.

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The Print

November 20, 2022

COP27 ends with historic compensation fund; delivers less on other issues

The UN climate summit in Egypt concluded on Sunday with a landmark decision to establish a fund to address loss and damage, but the outcome on other crucial issues such as India's call for phase down of all fossil fuels reflected little progress.

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moneycontrol.com

November 20, 2022

COP27 Ends With Historic Decision On Damage Fund, Little Progress On Other Issues

While the UN climate summit in Egypt concluded with a landmark decision to establish a fund to address loss and damage, the outcome on other crucial issues like phaseout of all fossil fuels reflected little progress when compared to the deal struck a year ago in Scotland.

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Republic World

November 20, 2022

COP27 Ends With Historic Compensation Fund; Heeds India's Call For Sustainable Lifestyle

The UN climate summit in Egypt concluded on Sunday with a landmark decision to establish a fund to address loss and damage, but the outcome on other crucial issues such as India's call for phasedown of all fossil fuels reflected little progress.

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Republic World

November 20, 2022

COP27 Summit Ends On A Historic Note

While the UN climate summit in Egypt concluded with a landmark decision to establish a fund to address loss and damage, the outcome on other crucial issues such as India's call for phasedown of all fossil fuels reflected little progress when compared to the deal struck a year ago in Scotland.

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Outlook India

November 20, 2022

Rich countries agree to establish loss and damage fund at UN climate summit

In a breakthrough in global climate negotiations, wealthy nations have finally agreed to set up a fund to pay damages to vulnerable countries for loss and damage due to climate change, but little progress was made on other critical issues, including a faster phase-out of all fossil fuels.

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moneycontrol.com

November 20, 2022

COP27 ends with historic compensation fund; little progress on other issues

While the UN climate summit in Egypt concluded with a landmark decision to establish a fund to address loss and damage, the outcome on other crucial issues such as India's call for phasedown of all fossil fuels reflected little progress when compared to the deal struck a year ago in Scotland.

IISD in the news

The Economic Times

November 20, 2022

Canada, Other Countries Urged to End Fossil Financing, Shift $28B Per Year to Clean Energy

A COP 27 event marked the Glasgow Statement’s one-year anniversary by urging Germany, Italy, Canada, and the United States to live up to climate promises that could shift US$28 billion per year from fossil fuels to clean energy.

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The Energy Mix

November 18, 2022

If oil and gas companies aren't cutting emissions at peak profits, when will they get in the game?

Canadian oil and gas companies were in Egypt last week for the global climate summit COP27 — among some 636 fossil fuel lobbyists — to position themselves as leaders in industry emissions reductions at an event hosted by the Canadian government.

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CBC News

November 17, 2022

COP27 diary (November 16): '$100 billion in climate finance more of gesture from rich countries'

The 27th Conference of Parties (COP27) to the United Nations Framework Convention on Climate Change in Sharm El-Sheikh, Egypt, began November 7, 2022. Here’s a look at what happened on day 10 of COP27 climate talks. The draft text for a cover decision is yet to be produced by the COP27 Presidency as of 7.30 am November 17, leading many to wonder how long discussions will continue to arrive at a consensus on the document once released. Just two days of the summit remain.

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Down to Earth

November 17, 2022

Everything We Know About Next Year's COP28 in Dubai

With COP27 wrapping up, it’s already time to think about COP28. The effects of the climate crisis are here, and people around the globe are trying to navigate and adapt to these changes and adverse conditions. Learning how to handle these issues is complicated though, which is why it’s important for leaders from around the world to meet up and talk through some solutions. COP28 in Dubai will give us the perfect opportunity to keep working toward our climate goals.

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Green Matters

November 17, 2022

If oil and gas companies aren't cutting emissions at peak profits, when will they get in the game?

Canadian oil and gas companies were in Egypt last week for the global climate summit COP27 — among some 636 fossil fuel lobbyists — to position themselves as leaders in industry emissions reductions at an event hosted by the Canadian government.

IISD in the news

CBC News

November 17, 2022

Many nations join India's call to phase down all fossil fuels

After India suggested a faster phase-down of all fossil fuels and not just coal, the proposal found support from other countries at the U.N. summit held in Sharm el-Sheikh in Egypt, including the European Union and the U.K.

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Mongabay-India

November 16, 2022

Germany bets on global green hydrogen economy

German development minister Svenja Schulze has announced that Germany will contribute €550 million ($572 million) towards a new global green hydrogen economy. Over time, the funding will rise to €2.5 billion as more money is provided by Germany's KfW Development Bank, according to Stefan Wenzel, state secretary in Germany's Federal Ministry of Economics and Climate Protection.

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Deutsche Welle

November 15, 2022

COP27: Developed countries pushing 'loss and damage' talks in own direction

The organisation tasked with providing independent coverage of COP27 negotiations says it expects 'loss and damage' to dominate talks again this week. For the first time, financing for the damage already wrought on developing nations by climate change is being discussed at the annual UN climate summit. The International Institute for Sustainable Development's Earth Negotiations Bulletin has held a briefing at the halfway mark of the conference.

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Radio New Zealand

November 14, 2022

Why was Africa exporting only about 1% of Soya, "The King Of Beans"?

Soy, often known as soja or soya bean, is the most popular plant-based protein source. It is also one of the most plentiful and inexpensive protein sources. Soya has become an essential part of daily life for people and animals in many parts of the world.

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News Ghana

November 13, 2022

The Next President's Fuel Subsidy Challenge

The next Nigerian president will have their job cut out for them. Whoever wins the February 25, 2023 presidential election will be taking over a country that is neck-deep in serious economic, political and security crises, assuming all goes well with the election in the first place.

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Daily Trust

November 13, 2022

Economic and Financial Issues in Renewable Energy Arbitration

This article provides an overview of key economic and financial issues that are frequently encountered in renewable energy arbitration. The challenges of RES investments and the impact on uncertainty are discussed in turn. Thereafter, the key lessons from renewable energy arbitration in Spain are considered. Finally, the economic and financial considerations for the assessment of liability and damages are considered in more detail.

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Global Arbitration Review

November 11, 2022

The use of natural outdoor laboratories can reduce threats to freshwater biodiversity

From densely developed cities and geometric agricultural plots to the ubiquitous roadways, pipelines and power grids, an aerial view of the earth reveals our impact on our landscapes. In less populated areas, unprecedented glacial melt and deep craters caused by the thawing of frozen soil and rock called permafrost megaslumps give stark reminders of the ongoing climate crisis.

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Phys.org

November 9, 2022

Zero hour: how engineers hold the key to averting a climate catastrophe

On July 19th 2022, temperatures in the UK exceeded 40°C for the first time. Following decades of warnings from the science community, the extreme weather associated with climate change and global heating is now here for all to see. From hellish wildfires in Australia and North America, to devastating floods in Pakistan and a drought-driven famine in Somalia that threatens up to 22 million in the region with starvation - the effects of the unfolding catastrophe are stark and terrifying.

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The Engineer

November 8, 2022