U.N. Reaches $300 Billion Climate Financing Deal as Trump Looms

The U.S. and others have agreed to triple their annual climate financing by 2035, but the incoming administration is expected to repudiate the deal.

World - The Wall Street Journal - 1 hour ago

Cop29 climate finance deal hits fresh setback as deadline looms

Outcry after draft text contains only an ‘X’ instead of setting $1tn funding goal to support developing countries. Cop29 climate summit – live updates Hopes of a breakthrough at the ...

World - The Guardian - 2 days ago

COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming Large

The annual UN climate summit has kicked off in Baku, Azerbaijan, with lofty goals, but many global leaders missing.

Tech - Wired - November 11

Nations at COP29 climate talks agree on $300 billion a year for poor countries

The $300 billion will go to developing countries who need the cash to wean themselves off coal, oil and gas.

Cop29: Climate finance deal agreed but talks remain deeply divided

The deal was met with long applause, cheering, whistling and embraces but few are happy with it.. Marching in silence with their arms crossed high, activists from around the world protested the ...

World - The Guardian - 6 hours ago

Cop29 agrees $1.3tn climate finance deal but campaigners brand it a ‘betrayal’

Deep divisions remain after high-stakes talks end with agreement to help developing world shift to low-carbon economy. Rich and poor countries concluded a trillion-dollar deal on the climate crisis ...

World - The Guardian - 6 hours ago

Trump's climate policy looms over COP29

A major climate summit kicked off in Azerbaijan on Monday amid uncertainty over U.S. commitments to combatting global warming. President-elect Donald Trump has said he will exit the Paris Climate ...

Trump and Germany loom over uncertain COP29 finance talks

Also in this newsletter: Much ado about party politics at European commissioner hearings

World - Financial Times - November 12

How Trump's election is impacting COP29, the U.N. Climate Change Conference

This week's United Nations Climate Change Conference, COP29, comes as President-elect Donald Trump, who's said climate change is a hoax, prepares to take office again. CBS News national ...

Countries must set aside differences and agree climate finance deal, says Cop29 negotiator

Jochen Flasbarth called on Cop29 delegates to press on as world faces increasing crises and drop in solidarity. Governments meeting to forge a global settlement on climate finance must get over ...

World - The Guardian - 6 days ago

DOJ and FBI officials reach out to lawyers as potential Trump revenge prosecutions loom

Current and former senior DOJ and FBI officials are reaching out to lawyers in anticipation of being criminally investigated by the Trump administration, people with knowledge of their ...

Politics - NBC News - 6 days ago

Secretary of Energy Jennifer Granholm on 2nd Trump presidency, criticisms of U.N. climate summit

Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm ...

COP29 Climate Talks Focus on Financing

Negotiators agree that trillions are needed to help lower-income countries adapt and cope, but not on who should pay.

Science - The New York Times - November 13

Exxon Chief to Trump: Don’t Withdraw From Paris Climate Deal

Darren Woods was one of only a few Western oil executives attending a global climate conference in Baku, Azerbaijan.

Business - The New York Times - November 12

The Taliban will attend a U.N. climate conference for the first time

The Taliban will attend a U.N. climate conference for the first time since their 2021 takeover of Afghanistan, the country’s national environment agency said.

COP29, the U.N. conference on climate change, underway in Azerbaijan

The United Nations Climate Change Conference, COP29, is underway in Azerbaijan at a time when the U.S. is producing more oil than any country and is expected to produce more when President-elect ...

ByteDance Valuation Hits $300 Billion Amid Possible U.S. TikTok Ban

ByteDance, owner of TikTok, has placed its own value at this figure.

Business - Inc. - November 16

Climate COPs and the art of the deal

The Olympics of negotiations offer lessons for corporate life

World - Financial Times - 1 hour ago

Inflation rises, Trump looms

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation ticks up Consumer prices rose 0.2 percent in October and 2.6 percent over ...

Politics - The Hill - November 14

Trump promise to repeal Biden climate policies could cost US billions, report finds

Trump could stop in its tracks US’s emergence as clean energy superpower and forfeit billions in investment. The United States’s blossoming emergence as a clean energy superpower could be stopped ...

World - The Guardian - November 14

Global climate disaster inevitable if action not taken soon, U.N. warns

The U.N. said that the world is now in "climate crunch time" as greenhouse gases have hit "unprecedented levels."

World "miles short' of emissions goals to curb climate change, U.N. says

Greenhouse gas concentrations in the atmosphere reached record highs in 2023, the U.N. warned, with countries falling "miles short" of what is needed to curb devastating global warming.

World Needs Much More Aid to Adapt to Climate Shocks, U.N. Says

A new report, urging rich nations to give more climate aid to poorer ones, comes as Donald Trump’s election throws global climate talks into disarray.

World - The New York Times - November 7

Is China a 'Developing' Country? That's the Trillion-Dollar Question at U.N. Climate Talks

Officials from developed and developing countries agree that more than $1 trillion a year is needed to finance poorer nations’ response to climate change—but not on who should pay up.

World - The Wall Street Journal - 2 days ago

A Big Climate Goal Is Getting Further Out of Reach

A new report forecasts global temperature increases well above the level that world leaders have pledged to avoid.

Top stories - The New York Times - November 14

Motorists who bought cars on finance could share in billions

The car finance industry is setting aside billions to pay for potential claims after a test case.

Britain's car finance industry is in crisis – with banks bracing for billions in payouts

The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).

Business - CNBC - November 14

Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

The Omaha, Nebraska-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.

Business - CNBC - November 4

Americans spend $300 billion a year on gift cards. Why some experts say they should stop.

“Gift cards are a good idea for everybody but the person who receives them.”

Business - MarketWatch - November 13

Braves reach 2-year, $13M deal with Bummer

The Braves agreed to a two-year, $13 million deal with lefty Aaron Bummer and reached a revised three-year, $30 million deal with Reynaldo Lopez.

Sports - ESPN - November 2

How the European parliament reached a deal on the new commission

Also in this newsletter: Should EU countries still be issuing so many visas to Russians?

World - Financial Times - 3 days ago

Senate reaches deal on stalled Biden judicial nominees

The Senate announced a deal Thursday to complete work on seven of President Biden’s nine stalled judicial nominees, who sparked an intense fight on the Senate floor this week. A Senate Democratic ...

Politics - The Hill - 2 days ago

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