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- Mia Mottley, prime minister of Barbados, speaks at the COP27 U.N. Climate Summit, Nov. 8, 2022, in Sharm el-Sheikh, Egypt. The Barbados plan, dubbed the Bridgetown Initiative, could be a pathway to unlocking large sums of money from rich countries, which have contributed most to greenhouse gas emissions. Mottley first unveiled her idea at the COP26 meeting a year ago in Glasgow, Scotland, where she delivered a powerful speech and sketched out a rough plan to come up with new and innovative forms of climate finance. (AP Photo/Peter Dejong, File)
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Barbados spearheads push on climate disaster financing
By KELVIN CHAN - AP Business Writer
Fri,11/18/22-1:18AM , 346 Reads
SHARM EL-SHEIKH, Egypt (AP) — At the U.N. climate summit in Egypt, leaders of developing nations have repeatedly said it's not fair to expect them to cover the costs of rebuilding from devastating weather events in a warming world, plus invest in cleaner industry while they also pay much higher interest rates on loans than rich nations.
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- Attendees visit the Saudi Green Initiative forum near the COP27 climate conference venue, Friday, Nov. 11, 2022, in Sharm el-Sheikh, Egypt. (AP Photo/Kelvin Chan)
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Saudi Arabia has 'green vision' at COP27, critics unmoved
By KELVIN CHAN - AP Business Writer
Sun,11/13/22-1:14AM , 239 Reads
SHARM EL-SHEIKH, Egypt (AP) — Hydrogen cars and vehicles that capture their tailpipe pollutants. Computer mice made from recycled ocean waste plastic. Hundreds of millions of trees planted in the desert. Saudi Arabia's vision of an environmentally friendly future is on display just a short drive from the venue of the U.N.
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- Catherine McKenna, who led a group of many high-level experts on net-zero emissions, speaks during an interview with The Associated Press at the COP27 U.N. Climate Summit, Tuesday, Nov. 8, 2022, in Sharm el-Sheikh, Egypt. Oil companies pledging to get their emissions down to net zero better make sure they’ve got a credible plan and aren’t just making false promises, U.N. experts said in the report. (AP Photo/Thomas Hartwell)
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UN experts urge stringent rules to stop net zero greenwash
By KELVIN CHAN - AP Business Writer
Tue,11/08/22-7:52AM , 165 Reads
SHARM EL-SHEIKH, Egypt (AP) — Companies pledging to get their emissions down to net zero better make sure they've got a credible plan and aren't just making false promises, U.N. experts said in a report Tuesday urging tough standards on emissions cutting vows.
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- Cans of Coca-Cola are on display at a grocery market in Uniontown, Pa., April 24, 2022. The soft drink giant's sponsorship of the flagship U.N. climate conference, known as COP27, sparked an online backlash and highlighted broader concerns about corporate lobbying and influence. (AP Photo/Gene J. Puskar, File)
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COP27's Coke sponsorship leaves bad taste with green groups
By KELVIN CHAN - AP Business Writer
Mon,10/24/22-4:44AM , 603 Reads
LONDON (AP) — This year’s United Nations climate summit is brought to you by Coke.

Soft drink giant Coca-Cola Co.'s sponsorship of the flagship U.N. climate conference, known as COP27, sparked an online backlash and highlighted broader concerns about corporate lobbying and influence.
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Wednesday, March 04, 2026

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Cloudy

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