At the UN climate talks, world leaders painted a stark picture of the devastating effects of climate change, highlighting the urgent need for action. From small island nations facing existential threats to European countries grappling with extreme weather, the conference showcased the global impact of climate change. Leaders emphasized the need for greater ambition, financial support, and international solidarity to combat this pressing issue.
An investigation by Global Witness reveals that the UAE’s state-owned oil company, ADNOC, sought nearly $100 billion worth of oil, gas, and petrochemical deals during the COP28 climate summit in Dubai. The report alleges that ADNOC leveraged its prestige as COP host to pursue these deals, including a joint venture with BP and bids for stakes in Braskem and Petrobras. Global Witness warns that this could set a dangerous precedent for future COPs, with the incoming host, Azerbaijan, potentially seeking to emulate UAE’s approach.
Environmental organizations and lawmakers have urged governments to account for the significant carbon emissions resulting from military operations and procurements. New data and expert analysis show that military spending contributes to climate change, highlighting the need for more transparency and action to mitigate these emissions.
