Page 6 - M 28j News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The IMF is narrowing its push for debt-for-climate swaps to focus on countries without major debt issues and has dropped plans to release a joint proposal with the World Bank before next week's UN climate conference, according to sources familiar with the matter.

The towering trees in Gabon's impenetrable mangrove swamps have helped to make the Central African country one of the world's few net absorbers of carbon as the plants sequester the greenhouse gas four times faster than forests on land.

Establishing a fund to help poor countries tackle climate change will be "the biggest obstacle" during U.N. talks to try to curb global warming that begin in Glasgow on Oct. 31, a Chinese environmental official said on Wednesday.

Climate change will force tens of millions of East Africans to abandon their homes within the next three decades, even if schemes to reduce its impact on the region are rolled out, the World Bank said on Wednesday.

Qatar Energy, one of the world's top liquefied natural gas (LNG) suppliers, is working on a plan to reinvent itself as environmentally responsible for investors via a framework that will pave the way for it to sell "green" bonds in a deal likely to be worth several billion dollars, three sources with knowledge of the matter said.