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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?

As the New Collective Quantified Goal on climate finance approaches at COP29, China’s stance is drawing significant attention.

At the recent G20 summit, Indonesian President Prabowo Subianto boldly declared plans to phase out fossil fuels entirely within 15 years and to bring forward the country's net-zero target by 10 years.

The EU's CBAM, designed to address carbon leakage, has unintentionally hurt domestic exporters as well. EU officials recently indicated that they would assist exporters in coping with the impact.

India and a group of countries including the U.S. and Germany will not agree on a so-called Just Energy Transition Partnership (JETP), a key international deal that was meant to promote the South Asian nation’s climate-friendly transition.

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.

As the United Nations Climate Summit (COP29) enters its second week, what are the latest climate actions and policies from ASEAN countries worth noting?

The UK’s milestone offers hope, but the global energy transition will need more support for developing countries and attention to social impacts.

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.

Thailand's weak automotive market may hinder the development of electric vehicles (EVs). After revising its car production targets for the year, the Federation of Thai Industries (FTI) has also lowered its forecast for new EV registrations.

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.

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.