Sign In or Create an Account.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

Sparks

A Climate Reparations Breakthrough at COP28

Day one kicked off with a long-awaited agreement on a fund to help poorer nations recover from climate disasters.

Sultan Ahmed Al Jaber.
Heatmap Illustration/Getty Images

World leaders at the United Nations’ annual climate summit secured an early agreement on Thursday for a disaster fund that will help vulnerable nations dealing with drought, floods, or other costly damage caused by climate change.

The agreement follows a lengthy negotiation process for the loss and damage fund, which was first brokered in Egypt at last year’s COP27 and was seen as a historic breakthrough for the climate crisis. Poorer countries, which are the most vulnerable to climate impacts, have long asked for restitution from wealthier nations, which account for the majority of historic emissions. Wealthier nations have often rejected these proposals, per CNBC, and negotiations over the loss and damage fund have been fraught, with particular tensions cropping up around the choice to host the fund at the World Bank.

Several countries pledged contributions to the disaster fund following its formal approval at COP28, including this year’s host country, the United Arab Emirates, which put up $100 million. Other pledges include $100 million from Germany, $51 million from Britain, $17.5 million from the U.S., and $10 million from Japan. No country is obligated to pay into the fund, and vulnerable countries are eligible to access the fund directly.

UN Secretary-General António Guterres called the disaster fund “an essential tool for delivering climate justice.” He added, “I call on leaders to make generous contributions and get the Fund and the Climate Conference started on a strong footing.”

COP28 President Sultan Ahmed al-Jaber hailed the agreement as “a positive signal of momentum to the world and to our work here in Dubai” at the summit’s opening ceremony. Delegates gave a standing ovation following the fund’s formal operationalization. That ovation is viewable online here.

Blue

You’re out of free articles.

Subscribe today to experience Heatmap’s expert analysis 
of climate change, clean energy, and sustainability.
To continue reading
Create a free account or sign in to unlock more free articles.
or
Please enter an email address
By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy
Sparks

Gargantuan Solar Project in Nevada Appears to Be Moving Forward

The Esmeralda 7 project is another sign that Trump’s solar freeze is over.

Solar panels.
Heatmap Illustration/Getty Images

The Esmeralda 7 solar project, a collection of proposed solar farms and batteries that would encompass tens of thousands of acres of federal public lands in western Nevada, appears to be moving towards the end of its federal permitting process.

The farms developed by NextEra, Invenergy, Arevia, ConnectGen, and others together would add up to 6,200 megawatts of solar generation capacity, making it the largest solar project in already solar-rich Nevada.

Keep reading...Show less
Blue
Sparks

Trump Tries to Kill New York’s Empire Wind Project

For the first time, his administration targets an offshore wind project already under construction.

Wind turbines.
Heatmap Illustration/Getty Images

The Trump administration will try to stop work on Empire Wind, an offshore wind project by Equinor south of Long Island that was going through active construction, Interior Secretary Doug Burgum posted to X on Wednesday.

Burgum announced that he directed the Bureau of Ocean Energy Management to “halt all construction activities on the Empire Wind Project until further review of information that suggests the Biden administration rushed through its approval without sufficient analysis.”

Keep reading...Show less
Sparks

Republicans Asked For an Offshore Wind Exposé. They Got a Letdown Instead.

“NOAA Fisheries does not anticipate any death or serious injury to whales from offshore wind related actions.”

Offshore wind.
Heatmap Illustration/Getty Images

A group of Republican lawmakers were hoping a new report released Monday would give them fresh ammunition in their fight against offshore wind development. Instead, they got … pretty much nothing. But they’re milking it anyway.

The report in question originated with a spate of whale deaths in early 2023. Though the deaths had no known connection to the nascent industry, they fueled a GOP campaign to shut down the renewable energy revolution that was taking place up and down the East Coast. New Jersey Congressman Chris Smith joined with three of his colleagues to solicit the Government Accountability Office to launch an investigation into the impacts of offshore wind on the environment, maritime safety, military operations, commercial fishing, and other concerns.

Keep reading...Show less
Yellow