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DUBAI (December 2, 2023) - Today, the Oil and Gas Decarbonization Charter was released. It calls on the oil and gas sector to achieve the goal of reaching net-zero emissions for their own operations by 2050. The charter also includes commitments to achieve near-zero methane emissions and no routine flaring by 2030. Following is a statement from Melanie Robinson, Global Climate Program Director, World Resources Institute:

DUBAI (Reuters) -Governments launched new initiatives on Saturday to bolster clean energy and to wean themselves off fossil fuels at the U.N. climate summit in Dubai, where countries are grappling with how to halt the non-stop rise in planet-warming emissions. In one of the most widely supported initiatives, 118 governments pledged to triple the world's renewable energy capacity by 2030 at the U.N.'s COP28 climate summit on Saturday, as a route to cut the share of fossil fuels in the w...

A loss and damage fund aimed at offering financial assistance to climate-vulnerable nations has been officially launched on the first day of the COP28 climate talks in Dubai.

A loss and damage fund aimed at offering financial assistance to climate-vulnerable nations has been officially launched on the first day of the COP28 climate talks in Dubai.

Climate experts raise concerns about trends they are seeing in climate finance, including the 'unfulfilled' promise of doubling adaptation finance by 2025

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India News: The fund was created last year at COP27 in Sharm el-Sheikh, Egypt to support developing countries impacted by climate change. Idea behind this propose

World News: Disagreements between rich and poor nations over the management of a fund to address the "loss and damage" caused by climate change could disrupt the

EGYPT (October 20, 2023) – The fourth meeting of the Loss and Damage Transitional Committee failed to reach consensus on recommendations for addressing loss and damage from climate impacts, including how to design the Loss and Damage Fund that was established last year at COP27. The Committee will  reassemble in Abu Dhabi  for an extra-ordinary session in early November to try to reach agreement prior to the COP28 summit. 

World News: The Loss and Damage Transitional Committee, tasked with discussing the proposed loss and damage fund at the upcoming UN climate conference (COP28), fa