Here are the top COP27 and Climate stories compiled from major international English-language news outlets.
Announcements
- EU countries agree COP27 stance after row on climate ambition (Euractiv)
- South Africa approves $8.5bn energy transition investment plan (Climate Home News)
- Singapore sets 2050 target for net-zero emissions, even as challenges loom (South China Morning Post)
- Australia and Singapore strike agreement to achieve net-zero (The Independent)
- Small island states to propose ‘response fund’ for climate victims at COP27 (Climate Home News)
- PM Modi, U.N. chief launch Mission LiFE for climate-friendly behaviour (The Hindu)
- Biden administration awards $2.8 billion in grants for electric vehicle battery manufacturing (CNBC)
- Uruguay announces its first climate bond (The Rio Times)
Island states propose a loss and damage response fund at Cop27
As rich countries resist creating a 'funding facility' to address damages caused by climate change, island states are refining their demands
What’s at stake
- Egypt shuts down event spaces on first Monday of Cop27 in blow to NGOs (The Guardian)
- Pakistan: World Bank estimates floods caused $40 bn in damages (Business Standard)
- India suffered income loss of $159 billion in key sectors due to extreme heat in 2021: Report (The Hindu)
- Extreme heat could make parts of Asia, Africa uninhabitable in decades (The Washington Post)
- The key to success for the COP27 climate summit showdown in three charts (BNEF)
- COP27 climate summit is heading for a geopolitical hurricane (The Japan Times)
- China’s ban on overseas coal power plants is good for the climate … but where’s the support for renewable energy? experts ask (South China Morning Post)
Egypt shuts down event spaces on first Monday of Cop27 in blow to NGOs
Groups say cancellations could restrict debate as host country tightens security for opening days
Other Stories
Global campaign to ensure loss and damage not forgotten at COP27
With world leaders meeting at COP27 next month, the "Hack the Agenda" campaign is hijacking social media conversation and greenwashing in order to raise awareness about loss and damage
World leaders urged to act at COP27 as report reveals 768 million are underfed
Institute for Economic and Peace says 'existing ecological challenges will only be amplified by climate change' and millions of vulnerable people are being failed by current efforts to tackle it
Big banks financed 1.9B tonnes of emissions in 2020: Oxfam Canada study - National | Globalnews.ca
Canada's biggest banks have committed to reaching net zero financed emissions by 2050, but have also talked about the importance of continued fossil-fuel funding.
New fossil fuels 'incompatible’ with 1.5C goal, comprehensive analysis finds - Carbon Brief
There is a “large consensus” across all published studies that developing new oil and gas...
Pakistan to take up climate financing issue at COP27, says minister
“The bargain between the Global North and Global South is not working and it needs to be fixed,” says Sherry Rehman.
Tweet of the Week
The shift to a net-zero carbon world is the largest economic transformation since the Industrial Revolution.
We’re confronting it head-on with American ingenuity and American jobs.
— President Biden (@POTUS) October 20, 2022
