Op 28 Uae News Today

The Union minister said even though India decided to add 80 GW of coal-fired capacity by 2030, the countrys total thermal capacity will come down from nearly 70% in 2014 to about 33% in 2030, which will be one of the largest reductions by any country.

The financial offering from rich states to poor is far too small since developing and poor nations have little to no capacity to invest in clean energy or adaptation in the near term, experts said

While no country disagrees with the danger of climate change, the problem is how one achieves the goal given the very different concerns, interests, and stages of economic development

Transitioning away from fossil fuels, accelerating efforts towards the phase-down of unabated coal power, setting up of the loss and damage fund, tripling renewable energy by 2030 and pledges by major oil and gas firms to curb methane emissions are some of biggest takeaways from COP28

Keep up with the big stories from the COP28 summit with our specially curated package of the most interesting articles to help you stay at the top of your game.

Global climate finance flows are woefully inadequate to meet the challenges of the warming planet. There are climate-led business opportunities that can create jobs and sustainable growth. Facing the brunt of extreme weather phenomena, India must scale up renewables capacity and invest in sectors creating smart and sustainable solutions

While there is broad agreement that financing adaptation is crucial, there has been little movement on the ground.

Hindalco is targeting 30 percent low-carbon aluminium production by 2030.

Hindalco aims that 30 percent of its aluminium production will be low carbon by 2030.

If the impacts of climate change are felt locally, then so are the benefits of low-carbon initiatives. City officials are in the best place to engage with their people, ensuring a just transition that benefits everyone