This year's United Nations climate change negotiations, taking place in Doha from Nov. 26 until Dec. 7, marks the 18th time nations have met to address their conflicting approaches toward reducing the industrial emissions of heat-trapping gases. Representatives from 190 nations will debate to narrow those differences, but a global agreement to succeed the Kyoto Protocol isn't likely to be reached before 2015.
The deal to extend pollution limits under the Kyoto Protocol restricts the ability of Japan, Russia, Canada and New Zealand to take advantage of carbon market mechanisms under the United Nations treaty.
The international effort to curb global warming inched forward with an agreement that extends pollution limits under the Kyoto Protocol and calls for work on a mechanism that would pay aid for climate-related disasters.
Abdullah Bin Hamad Al-Attiyah, the Qatari diplomat chairing United Nations climate treaty talks in Doha, proposed a set of decisions to break a deadlock on discussions about climate aid and damages payments.
The world’s richest and poorest countries are divided over whether to create a new fund to help vulnerable nations such as Bangladesh, Kenya and the Philippines cope with loss and damage caused by climate changes.
Envoys inched toward a deal at United Nations global-warming talks in Doha after working through the night to settle differences on climate aid and fossil-fuel emissions, paving the way to a new treaty by 2015.
President Barack Obama’s envoy at United Nations global-warming negotiations said he’s willing to participate in discussions on the issue of fairness in how nations plan to curb climate change, paving the way for drafting a new treaty by 2015.
Islands that are most vulnerable to rising oceans are seeking an insurance program to protect against damage related to climate change, adding to pressure on industrial nations to increase aid committed to fight global warming to more than $100 billion a year.
Rich countries spend five times more on fossil-fuel subsidies than on aid to help developing nations cut their emissions and protect against the effects of climate change, the Oil Change International campaign group said.
As leaders in Washington obsess about the fiscal cliff, President Barack Obama is putting in place the building blocks for a climate treaty requiring the first fossil- fuel emissions cuts from both the U.S. and China.
Australia more than halved its projection for carbon prices in the year starting July 2015 to A$12.10 ($12) a metric ton as the European Union, its planned partner in a cap-and-trade system, struggles with low prices.
Sea levels may rise as much as 69 centimeters (27 inches) through 2100 as water temperatures rise, glaciers melt in the Andes and Himalayas and ice sheets in Greenland and Antarctica shed water, European scientists said.
The Rockefeller Foundation marked the centennial of its founding with the announcement this morning of a $100 million global disaster-preparation fund aimed primarily at helping cities handle climate-related or man-made disasters.
Japan, China and South Korea are seeking to expand their influence in the Arctic as melting ice caused by global warming offers potentially lucrative access to resources and shipping shortcuts in the region.
Bloomberg BNA — Companies are starting to consider the value of natural resources in making business decisions, a practice that will become increasingly important as those resources become further constrained, corporate representatives say.