The 29th annual Conference of the Parties (COP29) has begun in Baku, Azerbaijan, running from November 13th to 24th. Delegates, climate advocates, and world leaders are convening to tackle the urgent issue of climate change.
The COP29-IEA High-Level Energy Transition Dialogues have identified five key opportunities to demonstrate progress in energy transitions and limit the rise in global temperatures.
Shifting to a low-carbon economy could save between 11-18% of global GDP by 2030, according to a new report.
Parties attending COP29 in Baku have agreed strong standards for a centralised carbon market under the UN.
Innovative financing solutions and levies on fossil fuel producers including shipping and aviation industries should be introduced to spur climate financing, according to UN Secretary-General António Guterres.
COP29 gets underway in Baku today (11th November), shining an 11-day spotlight on climate change, finance and energy.
Picture the scene: a Central Asia region home to under-developed economies, bound for so long by various complexities and conflicts but equally on the cusp of modernisation and potentially powerful economic growth.
Tier One player, Air Liquide, has signed license, engineering and guarantee agreements with the Heydar Aliyev Oil Refinery to construct a new hydrogen (H2) production unit at the Baku refinery in Azerbaijan.
As our previous reports on the Western Europe and Central Europe markets have elucidated, Europe is a region in the midst of a complex chain of challenges both political and economic.
