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The 16th Petersberg Climate Dialogue was held on March 25 in Berlin, Germany. This two-day meeting will decide the agenda for the upcoming United Nations Climate Change Conference (COP30) in Brazil later this year.

After intense debates, an agreement to increase climate financing was reached, though many countries remain dissatisfied with the outcome. In addition to the financing agreement, what other key developments took place at this year's summit?

COP29 released a draft climate finance proposal on Nov. 21, but key details regarding the scale, sources, and mechanisms of the funding remain unclear. This leaves member countries with the challenge of reaching a consensus in the coming days.

Singapore’s sustainable finance taxonomy is aligned with those of the EU and China after it was launched at the end of last year. This alignment will serve as a framework for investors to assess green economic activities across these three regions.

The United Nations Climate Summit (COP29) is currently in full swing, with ASEAN member states, consisting of developing countries, actively participating.

As the COP28 climate talks ended in a deal on global transition away from fossil fuels and triple renewable energy capacity by 2030, Taiwan Institute for Sustainable Energy Research (TAISE) invited Taiwan delegation to COP28 to share their observations.

Approximately 70,000 world delegates and negotiators are expected to meet in Dubai for the United Nation’s COP28 climate summit from Nov. 30 to Dec. 12.