A big decision is looming over the next U. N. climate summit, COP31. Turkey and Australia are both eager to host, but neither wants to back down. This has created a standstill that needs to be resolved soon. Turkey has a new idea: what if both countries co-host the event? They discussed this during a recent U. N. meeting, but they still can't agree on how it would w...
Australia is making a strong push to host the COP31 climate summit in 2025. The country's Energy Minister, Chris Bowen, is heading to Brazil for the COP30 summit to advocate for Australia's bid. This comes as Australia and Turkey are locked in a competition to host the event. The COP, or Conference of the Parties, is a major annual gathering focused on climate actio...
South Africa, known for its strong voice in global environmental talks, is now facing a drop in influence. This comes after a political decision led to the removal of its environment minister, Dion George. The country, which houses some of the world's most endangered species, has scaled back its role in a major international wildlife trade regulation forum. This move...
Tesla shareholders have given the green light to a massive pay package for Elon Musk, potentially worth up to $1 trillion. This isn't just a big payday for Musk; it's a huge bet on Tesla's future. To earn this massive payout, Musk and Tesla have to hit some serious targets. First, the company's market value needs to reach $2 trillion. Then, Tesla has to deliver its ...
Brazil is stepping in to help poorer nations attend the COP30 climate summit. With just a week to go, many countries still don't have a place to stay. The host country is offering free cabins on cruise ships to ensure everyone can participate. Belem, the city hosting the event, usually has limited hotel options. This has driven up prices, making it hard for some nat...
Rio de Janeiro is gearing up to welcome the world for some big climate events. But before the global mayors and celebrities arrive, the city saw a violent clash. Twenty people lost their lives, including two police officers, during a major crackdown on organized crime. This happened just days before Rio hosts the C40 summit and the Earthshot Prize. The operation was...
Over the last ten years, our planet has faced over 4, 000 harsh weather events costing a stunning $2 trillion globally. The United States led this list, suffering a massive $935 billion loss, with China following at $268 billion. These numbers cover all damaging weather conditions, not just those linked to climate change, reports from the International Chamber of Com...
The annual climate summit, COP29, has started in Baku, Azerbaijan. The key topic is money – how much is needed and who will pay to help poor countries deal with climate change? The UN says developing countries need about $1 billion daily just to cope with current extreme weather. They're getting only a tenth of that. The fossil fuel industry makes huge profits while ...