It sets an ambitious target of securing US$200 billion annually by 2030 from various funding sources. On Thursday, the resumed sessions of the 16th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP16) concluded in Rome, adopting a landmark financial mobilization plan to advance global biodiversity efforts. RELATED: Russian Scientists […]

The BRICS proposal will be presented at the 30th United Nations Climate Change Conference (COP30). On Friday, Brazilian Ambassador Mauricio Lyrio said that his country would suggest to the BRICS emerging economies forum that it design a joint proposal to finance the fight against climate change in the poorest countries. RELATED: Climate Crisis in Bolivia: […]

Trading of carbon credits incentivates countries to reduce emissions and invest in climate-friendly projects. On Saturday, the presidency of the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) announced that it has concluded negotiations on Article 6 of the Paris Agreement, enabling cross-border carbon trading […]

On Wednesday, Colombian President Gustavo Petro criticized “the alms” given by rich countries to the Global South to confront the climate crisis. RELATED: Climate Change May Claim 14.5 Million Lives by 2050: WEF “It is thought that the climate crisis will be overcome if the North gives alms to the South. The major discussions at […]