Multilateral development banks (MDBs) made a promise at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes. MDBs estimate that by 2030, their annual collective climate financing for low- and middle-income countries will reach USD 120 billion, including USD 42 billion for adaptation, and MDBs aim to mobilize […]
Continue Reading
Countries at the last COP29 summit in Baku adopted a $300 billion a year global finance target on to help poorer nations cope with impacts of climate change, a deal its intended recipients criticised as woefully insufficient. The agreement, clinched in overtime at the two-week conference in Azerbaijan’s capital, was meant to provide momentum for […]
Continue Reading
COP29 is over, with developing countries complaining that the $300bn (about £240bn) a year in climate finance they will receive by 2035 is a “paltry sum”. Many of the rich country voices at the UN’s climate conference were amazed that developing nations were unhappy with what on the surface seems a huge settlement. It is […]
Continue Reading
Last year was the driest for global rivers in 30 years, while glaciers suffered the largest mass loss in 50 years. Last year was the driest year for global rivers in 33 years, warns a new report coordinated by the World Meteorological Organization (WMO). According to the State of Global Water Resources report, the past […]
Continue Reading
Convincing countries to give more money to tackle climate change will be the centrepiece of the climate summit. The next UN climate conference, COP29, is taking place a month today in Azerbaijan’s capital of Baku. In a week marred by deadly flooding in eastern Europe and a “berserk” climate fuelled hurricane in the US, it […]
Continue Reading
By Korede Oluwole As concerns keep growing daily about the impact of Climate Change on nature, there is a fresh public revelation that over 130 meters of land have been lost to Coastal Erosions in the Lekki axis of Lagos State in the last five years, another challenge faced in the fight against the devastating […]
Continue Reading
By Korede Oluwole As the saying goes, “some Leaders are born, while some are made”, depending on what part of this age – long statement one falls in, the most important is to discharge such leadership qualities to add good value to humanity. At EnvironmentNg, we recognize individuals who have worked passionately and tirelessly to […]
Continue Reading
Sustainability is a broad and complex, encompassing an array of industry terms and acronyms, which can make navigating the landscape particularly tricky. We have compiled a list of the top 10 sustainability terms to help you understand the essential concepts underlying sustainability and the ways they apply to your specific context. Corporate Social Responsibility (CSR) […]
Continue Reading
For the first time in almost three decades of COP climate summits, governments have agreed to “transition away” from fossil fuels in an “historic” agreement. COP28: Countries reach ‘historic’ deal to ‘transition away’ from fossil fuels The draft text, dubbed the “UAE Consensus,” calls upon all parties to contribute to a just, orderly, and equitable […]
Continue Reading
Fossil fuel switch up ‘simply not practical or possible’ – Al Jaber The Middle East and North Africa (MENA) region, one of the most vulnerable to the effects of climate change, gathered in Riyadh, Saudi Arabia, on Sunday for a UN-organised conference to focus on challenges and solutions. In his opening remarks at the event, […]
Continue Reading
