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STATEMENT: Oil and Gas Decarbonization Charter Unveiled - Vimarsana News

STATEMENT: Oil and Gas Decarbonization Charter Unveiled

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:

Source: wri.org
Countries promise clean energy boost at COP28 to push out fossil fuels - Vimarsana News

Countries promise clean energy boost at COP28 to push out fossil fuels

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 world's ene

Source: aol.com
A new climate fund offering hope to developing countries – DW – 11/30/2023 - Vimarsana News

A new climate fund offering hope to developing countries – DW – 11/30/2023

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.

Source: dw.com
New climate fund offers hope to developing countries – DW – 11/30/2023 - Vimarsana News

New climate fund offers hope to developing countries – DW – 11/30/2023

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.

Source: dw.com
Delivering on loss and damage fund 'litmus test' for COP28 - Vimarsana News

Delivering on loss and damage fund 'litmus test' for COP28

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