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Earth News

COP29: Which countries will foot the $300bn climate finance deal?

Developing nations slammed the deal as woefully inadequate but rich countries set to pay the bill praised it as ambitious.

Markets

Why the euro's seasonal December rally could be at risk this year

December has traditionally been the euro's strongest month, with consistent gains driven by US dollar weakness. However, political instability in Europe, US tariff threats, and global geopolitical tensions may challenge the euro's usual seasonal rally this year.

Earth News

Five key takeaways from the COP29 climate talks

From the final deal to what happens next, here's what you might have missed at COP29.

Earth News

COP29: Summit ends with $300bn a year climate finance deal

After concerns climate talks in Baku could collapse, the gavel came down on a finance deal in the early hours of the morning.

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Earth News

COP29: Azerbaijan proposes $250bn annual climate finance target

The coming hours will reveal whether this is enough to placate developing countries and small-island states.

Earth News

COP29: $250 billion climate finance proposal slammed by activists

Euronews Green brings you the latest updates from the UN climate conference in Baku, Azerbaijan.

Earth News

Why 'greening' your money could be essential to fight climate change

A sustainable pension or better banking may be a more effective way of cutting your carbon footprint than not flying.

Earth News

'Clearly unacceptable': EU unconvinced by COP29 compromise proposal

Azerbaijan’s first bid for a climate finance deal has failed to break a stand-off between rich and poor nations, though it says a ‘breakthrough’ is imminent.

Europe News

EU must keep 'urgency' of digital euro process, says ECB project lead

Evelien Witlox, project director for the digital euro at the European Central Bank, discusses how the proposal is progressing, how the currency would work in practice, and what the key concerns are at this stage.

Earth News

COP29: Negotiations come down to the wire on new climate finance goal

Euronews Green brings you the latest updates from the UN climate conference in Baku, Azerbaijan.

Earth News

COP29: EU commissioner rejects backtracking on climate deal

As negotiators await Azerbaijan’s proposal for a global agreement on climate finance, the EU holds firm on the need to move away from fossil fuels, but refuses to say how much it is prepared to help developing countries do the same.

Earth News

Azerbaijan promises late night compromise for climate finance goal

The COP29 presidency plans to release a draft agreement on a bitterly fought new climate finance goal in a bid to break the deadlock over who pays and how much.

Earth News

COP29: EU wins Fossil of the Day award at UN climate conference

Euronews Green brings you the latest updates from the UN climate conference in Baku, Azerbaijan.

Earth News

COP29: Small island states ‘feel abandoned’ as climate talks grind on

Representative for small island nations laments state of negotiations over financing at COP29.

World News

Climate finance takes centre stage at COP29

"Azerbaijan's COP is about finance," said Hikmet Hajiyev, the president's foreign policy adviser, in an interview with Euronews.

Earth News

‘Tax the mega rich’: Who could foot the COP29 climate bill?

“It makes common sense to tax mega polluters and the mega-rich to ensure that we have the money needed for climate action at home and globally” according to one campaigner.

Earth News

COP29: 'Cut the theatrics' over finance talks, UN climate chief warns

The whole COP climate process could stall or go into reverse if governments refuse to compromise with less than a week of negotiations left.

Economy

G20 billionaire wealth tax plans face resistance

G20 leaders are meeting in Brazil on Monday and Tuesday to agree on a global tax on the world’s 3,300 richest individuals, which could raise up to $250 billion.

Earth News

COP29: The clock is ticking as the money talk intensifies

The first week of the COP29 summit in Baku ended with frustration at a lack of progress on the key issue of financing the energy transition and climate adaptation in developing countries.

Earth News

COP29: What happened on day 7 of the UN climate conference?

Euronews Green brings you the latest updates from the UN climate conference in Baku, Azerbaijan.