Members of congress who attended the climate talks are pushing for a law that will penalise businesses for overshooting safe levels of greenhouse gas emissions by making them pay fines that will go to affected communities.
Commentators say the government’s new Living Indus Initiative, showcased at COP27, shows it is serious about tackling climate change but is limited by its failure to tackle big infrastructure in the basin.
A USD 100 million loan from the World Bank has been met with controversy in Nepal, with disagreement over what counts as ‘climate finance’, and whether loans have any role to play in support for developing countries.
At COP27, world leaders agreed to keep warming to 1.5°C above pre-industrial levels. Their actions tell a different story. But even if blowing past the 1.5°C target is inevitable, we should not give up.
At COP27, wealthy governments are pushing for stronger efforts to limit global warming—while failing to deliver the finance and technology promised for climate action in poorer countries.
Rich nations need to shift investments into renewables instead, they say. The civic space for demonstrations at this year's climate summit, held in Egypt, is more restricted than the Scotland event last year.