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Wealthy countries agree to $300bn climate financing

Baku, Azerbaijan | THE INDEPENDENT |  Major countries of the world have agreed to pay $ 300 billion each year for the next 10 years to climate financing to help mitigate global climate changes. Sitting in Baku Azerbaijan, the United States, the United Kingdom, the European Union, and Australia among …

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COP29: Nations disagree on climate text on the deadline date

BAKU, Azerbaijan | THE INDEPENDENT | Today marked the final day of COP29, yet many critical negotiation issues remain unresolved. Despite efforts by negotiators to bridge gaps, progress has been limited, and several key matters will require further discussions in upcoming rounds. To address the stalemates, the COP29 President, Mukhtar Babayev convened …

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Women in Karamoja urged to take lead in climate change fight

Moroto, Uganda | THE INDEPENDENT | Women and youth in the Karamoja sub-region have been urged to lead in the fight against climate change. The National Development Plan III and Vision 2040 recognizes that climate change adaptation is vital to increasing household incomes and improving the equality of life of …

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Balancing climate financing and taming rising debt, gov’t dilemma

Kampala, Uganda | THE INDEPENDENT | Amidst global calls on governments to increase funding for climate activities, Uganda is torn between allocating more of her resources to the cause and keeping the national debt levels in check. According to Uganda’s Nationally Determined Contributions as updated, in fulfilment of Article 4 of …

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Experts validate guidelines for mainstreaming climate change finance in Uganda

Kampala, Uganda | THE INDEPENDENT | Financial sector experts have validated draft guidelines requiring the industry to integrate climate finance into their operations to enable Uganda to mitigate its vulnerability to human-induced climate change impacts and risks by 2030. The guidelines illustrate steps for mainstreaming climate change in the financial sector …

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What next for oil and gas after COP28?

NEWS ANALYSIS | THE INDEPENDENT |  Researchers in energy say the just-ended UN Climate Summit will be remembered as one of the most important moments in the UNI fight against Climate Change. They have indicated it was quite decisive because of the historical results with a wave of new deals …

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