Success at climate-change talks in Mexico may depend on companies such as Siemens AG and Wal-Mart Stores Inc. prodding governments into action, said Christiana Figueres , the United Nations climate chief.
In a world that has never produced so much oil and gas, the United Nations is seeking to persuade producers they need to leave three-quarters of their reserves in the ground and explore cleaner energy to combat climate change.
Countries participating in United Nations-sponsored carbon trading want to expand and improve the market rather than “kill” it, according to the executive secretary of the UN Framework Convention on Climate Change.
U.S. legislators have disengaged from the fight against global warming, even as the administration of Barack Obama remains committed to its emissions-reduction target, according to the United Nations climate chief.
U.S. and European Union envoys said they expect progress on forming a $100 billion fund to fight global warming and on protecting forests at climate talks in Cancun, Mexico, though no treaty will be agreed.