UAE Consensus

New draft negotiating texts point way to a compromise deal, but proposals for $250bn in finance from industrialised nations fall far short of developing economy asks

UN Secretary-General urges exhausted diplomats to find common ground, warning failure to reach deal would jeopardise climate action

Frustration builds at Baku Summit, as insiders warn long-awaited draft texts have failed to provide a plausible landing ground for an ambitious deal

2024 will likely see another record year of coal, oil and gas consumption, but renewables trends mean the global energy market is nearing a turning point, new analysis claims

Over 100 CEOs from many of the world’s largest companies have set out their wish list for the Baku Climate Summit - but are governments listening?

Analysis from Oil Change International warns COP hosts UAE, Azerbaijan, and Brazil are all planning to expand fossil fuel production

As G7 preps deal to accelerate coal phase out, signs are growing that the next few years could see a host of international accords to ramp up global climate action

Business leaders call on G7 to redouble efforts to deliver on COP28 promise to transition away from fossil fuels

Governments, financiers, and corporates remain badly off track to meet the goals set out by the Paris Agreement and last year’s UAE Consensus, but solutions are available

UAE, Azerbaijan, and Brazil promise to deliver more ambitious national climate plans by early next year and urge other nations to follow suit