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Restarting Germany’s decommissioned nuclear power plants is not a viable option, former plant operator E.ON has said. The company insisted that plans to fully dismantle all plants remain unchanged.

First week of Baku talks marked by low turnout of leaders, Argentina’s withdrawal, and a gulf between blocs’ demands on a new finance goal.

On the opening day of the United Nations Climate Summit (COP29), a major breakthrough was achieved in global carbon market negotiations. Member countries endorse a United Nations-backed carbon credit trading mechanism.

Developed nations have committed to providing billions of dollars of “climate finance” to developing countries. At the COP29 climate summit, nations must decide on a new global goal to replace the existing target of $100bn each year.

The latest Global Carbon Budget report forecasts that both fossil fuel-related carbon emissions and total global carbon emissions will hit historic highs this year, with further increases expected.

Women’s representation at UN climate conferences has barely improved in 30 years, particularly women from South Asia.

Nations are gathering in Baku, Azerbaijan, for the latest round of UN climate talks, where they will be tasked with setting a target for channelling climate finance into developing countries.

The Ministry of Economic Affairs had initially planned to release a draft for its floating offshore wind farm demonstration program by year's end. However, the timeline may face further delays as discussions over incentive mechanisms continue internally.

Ahead of COP29, reports have emerged that countries such as the United States and members of the European Union are pushing to expand the list of contributors, requesting countries like Singapore to assume part of the financial responsibility.

Azerbaijan’s economy is highly dependent on fossil-fuel exports, making its economic prospects vulnerable to rising emissions-cutting ambition around the world.