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Search resuls for: "November’s United"


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A few days ago, at an ornate hilltop hotel in Azerbaijan’s wine country with panoramic views of the Caucasus foothills, the world’s top climate diplomats debated how to marshal whopping amounts of money to fight global warming and compensate poor and vulnerable countries that suffer its worst effects. “Some say single-digit trillions. Some say double-digit,” said Yalchin Rafiyev, Azerbaijan’s chief climate negotiator. The meeting was a pre-meeting, of sorts, for the main event: November’s United Nations sponsored climate negotiations, known as COP29, to be held in the seaside capital, Baku, a few hours away. At previous summits, the world’s nations had struggled to agree on a seemingly basic premise in the fight against climate change, namely that humanity’s reliance on fossil fuels must be curbed as quickly as possible.
Persons: , Yalchin Rafiyev Organizations: November’s United Locations: Azerbaijan’s, Caucasus, November’s United Nations, Baku
The International Seabed Authority, a United Nations observer organization, is drawing up a regulatory framework for deep-sea mining based on data collected from explorations conducted by TMC and other ventures to inform its decisions. PREVIEWThe ISA is expected to meet member nations in March, when deep-sea exploration and its regulations are expected to be discussed. TMC started conducting pilot testing in September 2022 to determine whether deep-sea mining would harm the environment. For most mining companies, exploration licenses usually are a significant step in attracting funds, but the lack of clarity around the legality of deep-sea mining is creating a barrier. TMC remains key but not imperative to the lobbying push to change or confirm regulations on mining of the deep sea, industry participants said.
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