Eni cuts scope 1, 2 upstream emissions by 40pc in 2023 argusmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from argusmedia.com Daily Mail and Mail on Sunday newspapers.
Cop 29 president-designate Mukhtar Babayev pointed to insufficient action from multilateral development banks (MDBs) despite encouraging discussions, and urged all countries to play their part to deliver on climate finance negotiations this year.
The Scottish government is abandoning its 2030 target to reduce greenhouse gas (GHG) emissions after the UK's Climate Change Committee (CCC) said last month Scotland would not be able to meet it, but reiterated "unwavering commitment" to its 2045 net zero goal.
Switzerland will contribute 135mn Swiss francs ($148mn) over the next four years to the UN's Green Climate Fund (GCF), according to the country's Federal Council.
Countries must decide on a new finance goal at the UN Cop 29 climate summit in Azerbaijan in November, and there is broad agreement that the global financial system must be reformed. But crucial questions remain unanswered on the sources, the amounts and the implementation of climate finance required.