The UN climate conference opens in Dubai on Thursday with nations urged to increase the pace of action on global warming and phase out fossil fuels, amid intense scrutiny of oil-rich hosts UAE.
The two-week-long climate negotiations being held this year in the glitzy Gulf city come at a pivotal moment, with emissions still rising and this year likely to be the hottest in human history.The UAE sees itself as a bridge between the rich developed nations most responsible for historic emissions and t
Over 130 companies, including Nestle, Unilever, Mahindra Group, and Volvo Cars, are urging political leaders to agree on a timeline to phase out fossil fuels at the upcoming U.N. climate summit. The companies, with nearly USD 1 trillion in global annual revenues, are calling for a commitment to reach 100% decarbonized power systems by 2035 for richer economies and financial support for developing countries to ditch fossil fuels by 2040. The companies highlight the impacts and costs of extreme weather events caused by climate change.
The European Union supports a call by India to phase down fossil fuel use as part of a COP27 deal, provided it does not weaken previous agreements on reducing the use of coal
A coalition of climate groups calls on the Biden administration to use existing statutory authority as a basis for executive action to phase out fossil fuel extraction on public lands.