US Inflation Reduction Act ‘super aggressive,’ Macron tells lawmakers

WASHINGTON, Nov 30 (Reuters) – French President Emmanuel Macron addressed US lawmakers from both political parties on Wednesday and pushed back on new American subsidies that are riling European leaders, according to a participant in a closed-door meeting. Macron arrived in Washington on Tuesday for his second state visit to the United States since taking … Read more

COP27 delivers climate fund breakthrough at the cost of progress on emissions

COP27 climate summit ends after marathon weekend negotiations Final deal delivers on creating historic climate finance fund Negotiators say some blocked tighter emissions targets SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Countries closed this year’s UN climate summit on Sunday with a hard-fought deal to create a fund to help poor countries being battered by … Read more

Bankers bet billions on new wave of debt-for-nature deals

More countries linking debt cost to conservation goals Seychelles, Belize, Barbados among those to strike deals Ecuador swap could be biggest yet at $800 million Cape Verde, Sri Lanka and others are also exploring deals SHARM EL-SHEIKH, Egypt, Nov 17 (Reuters) – The Galapagos Islands, whose thousands of unique species inspired Darwin’s theory of evolution, … Read more

World making little progress on food waste, a big climate problem

Nov 15 (Reuters) – Every Thursday, California resident Richard Redmond takes a gallon-sized container of food scraps to the farmers market in the city of South Pasadena where it is collected and composted for use in gardens – an effort to reduce the amount of household waste he sends to landfill. “It’s just stunning,” the … Read more

Biden’s COP27, G20 plans: Talk to Xi, pressure Russia, contain North Korea

WASHINGTON, Nov 10 (Reuters) – President Joe Biden begins a week-long trip to Egypt and Asia on Thursday to grapple with some of the United States’ thorniest foreign policy issues, boosted by a better-than-expected showing by Democrats in the midterm elections. Biden hops from an international climate summit in Egypt on Nov. 11 to an … Read more

Show us the money: Developing world at COP27 seeks financing details

Finance Day at COP27 puts focus on banks, investors, insurers Emerging markets demand more help to pay for transition UN experts flag dozens of climate projects worth $120 bln SHARM EL-SHEIKH, Egypt, Nov 9 (Reuters) – Finance took center stage at the COP27 climate talks on Wednesday, with UN experts publishing a list of projects … Read more

COP27: Polluters must pay for climate change, poor nations tell rich

Island nations call for global carbon tax ‘While they are profiting, the planet is burning’ Fears grow for jailed hunger strikers in Egypt SHARM EL-SHEIKH, Egypt, Nov 8 (Reuters) – Leaders from poor countries criticized wealthy governments and oil companies for driving global warming, using their speeches on Tuesday at the COP27 climate summit in … Read more

Lula narrowly defeats Bolsonaro to win Brazil presidency again

SAO PAULO, Oct 30 (Reuters) – Luiz Inacio Lula da Silva narrowly defeated President Jair Bolsonaro in a runoff election on Sunday that marked a stunning comeback for the leftist former president and the end of Brazil’s most right-wing government in decades. Brazil’s Supreme Electoral Court declared Lula the next president, with 50.9% of votes … Read more

COP27: We’re on a highway to climate hell, UN boss says

China, the United States have leading roles Guterres seeks coal phase-out by 2040 UAE, host of 2023 talks, says it will keep producing fossil fuel SHARM EL-SHEIKH, EGYPT, Nov 7 (Reuters) – United Nations Secretary General Antonio Guterres told countries gathered at the start of the COP27 summit in Egypt on Monday they face a … Read more

Explainer: What Brazil’s election means for the Amazon rainforest

SAO PAULO, Oct 26 (Reuters) – Brazil’s presidential election on Sunday may determine the fate of the Amazon jungle, the world’s largest rainforest, after deforestation soared in the past four years under President Jair Bolsonaro. He faces off against former President Luiz Inacio Lula da Silva, who has pledged to stop all Amazon destruction and … Read more