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The head of 2023 climate talks has said that the world needs 'trillions' of dollars to tackle the climate crisis. COP28 president Sultan Al-Jaber has warned that political momentum can evaporate without clear action. At an event in Paris organised by the international energy agency, he said that finance is the key enabler of positive change at the required speed and scale. Watch in the report for more climate updates.

COP28 president says countries must update plans to tackle climate change

The international energy agency is urging nations, companies, and investors to take decisive actions to accelerate the global shift away from fossil fuels. The climate summit in dubai saw a historic agreement to transition towards cleaner energy, aligning with some of the iea's recommendations. However, challenges remain, especially in financing clean energy transitions for developing nations.

IEA flags financial challenge for clean energy at COP28

Sultan Al Jaber, COP28 president, says his firm will invest in oil: Report

Global oil demand faces sharp slowdown as economic woes bite, IEA warns

COP28 Breakthrough: World unites to shift from fossil fuels in historic climate accord

The COP28 Climate Summit witnessed a historic moment as nearly 200 nations, in a rare display of unity, agreed to transition away from fossil fuels. Overcoming challenges and late-night negotiations, the nations set ambitious targets, calling for a just and orderly shift towards net-zero emissions by 2050.

COP28 nations unite for fossil fuel phase-out

The COP28 summit in Dubai looks set to close with a call for a global transition away from fossil fuels, the first time such an agreement has been reached in nearly three decades of climate talks.

COP28: COP28 latest: Draft final deal calls for fossil fuel transition

Explained: What will happen if global heating target of 1.5C is missed?

Explained | Nations at COP28 adopt historic deal to transition away from fossil fuels. What is it about?

United Nations' climate body on Monday (Dec 11) released draft text of the deal which would be put up for passage at the ongoing COP28 Summit in Dubai in United Arab Emirates. The text advocates for reducing production as use of fossil fuels but stops short of using the wording 'phase out'.

COP28 Summit extended beyond schedule

COP28 has adopted its first ever UN Climate deal. They are looking to transition away from fossil fuels. The deal however lays down no mandatory phase out amid, amid teh conflict carbon footprint of world's top militaries has come under radar.

Militaries account for 5.5% of global greenhouse gas emission

Nearly 200 countries have agreed to transition away from fossil fuels to avert an incoming climate catastrophe. The deal was struck at COP28 climate summit in Dubai.

COP28: No phase-out targets for fossil fuels

Nearly 200 countries have agreed to transition away from fossil fuels to avert an incoming climate catastrophe. The historic deal was struck at the COP28 climate summit in Dubai. But was met with fierce resistance from the oil producing group OPEC and its allies.

COP28: Nations agree to transition away from fossil fuels

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