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Fossil fuels: 'A gift of God' or a climate killer?

Humans have become dependent on oil companies for sustaining their lifestyles. But this dependence has enabled the industry to balloon to such an extent that it has been dubbed "Big Oil" and become synonymous with driving global temperature rise. Burning oil and gas pumps billions of tons of heat-trapping greenhouse gas emissions into the atmosphere every year.
IISD in the news November 12, 2024

Who is funding fossil fuel expansion?

Last December, as the world witnessed a year of record-breaking emissions and global temperatures driven by the burning of fossil fuels, leaders agreed to "transition away" from coal, oil and gas. The agreement, which was struck at the COP28 climate summit in Dubai, heralded the "beginning of the end" of the fossil fuel era. But as heads of state and government meet in Baku, Azerbaijan for this year's COP29 summit, trillions of dollars are still flowing into fossil fuel development.
IISD in the news November 12, 2024

Inside INC-5

"We have not yet reached the summit of our efforts." This was the spirit conveyed by INC Chair Luis Vayas in his opening statement during Sunday evening’s closing plenary. After over seven days of intense negotiations the INC-5 delegates were unable to agree on a new instrument. They agreed to adjourn INC-5 in Busan, Republic of Korea, and convene a resumed meeting at a later date.
Page November 12, 2024

What Is the NAP Assessment at COP 29, and Why Does It Matter?

At the 29th UN Climate Change Conference (COP 29) in Baku, countries will assess their progress in formulating and implementing their National Adaptation Plans. IISD’s adaptation experts Orville Grey and Jeffrey Qi explain what that means, and what’s at stake.
Explainer November 8, 2024