Science ignored, promises delayed, Rizwana voices dismay over COP29 outcomes

Syeda Rizwana Hasan, an adviser to the interim government of Bangladesh and as Minister of Environment, Forestry, and Climate Change, urged the global and regional leaders to prioritize ambitious, evidence-based climate targets in the climate negotiations. Hasan, in an exclusive interview with IPS at COP29 in Baku, Azerbaijan, speaks in detail

COP29: Why new collective quantified goal on climate finance matters

The industrial revolution set the ball rolling towards global warming. Today, developing nations are on the frontlines of a climatic carnage and its snowballing effects. Developed nations bear a financial responsibility to provide climate finance to developing nations, as financing the transition to a low-carbon economy is an urgent, critical

Western finance ruining economies of the rest

Western financial policies have been squeezing economies worldwide. After being urged to borrow commercial finance heavily, developing countries now struggle with contractionary Western monetary policies. Central banks ‘Unconventional monetary measures’ in the West helped offset the world economic slowdown after the 2008 global financial crisis. Higher interest rates have worsened contractions, debt distress,

100 Days of Interim Govt: Growing frustrations among public mars achievements

The interim government of Bangladesh came to power with promises of substantial reforms across various state sectors. However, three months have passed, and there seems to be little progress or visible action in these reforms, leaving citizens concerned but hopeful. The first 100 days of Bangladesh's interim government have unfolded as

Robust negotiations needed to push rich nations to financial commitments

The irony is that at forums like COP29, dubbed the finance COP, rich countries often behave as though they can sidestep their financial obligations, Yamide Dagnet, Senior Vice President, International at the Natural Resources Defense Council (NRDC), says. Yamide gave IPS an exclusive interview in which she shared her wisdom on

Invest in flooding research today to protect tomorrow

The United Nations recently released the 2024 Nationally Determined Contributions synthesis report, just weeks before presidents, global leaders, climate scientists and activists convene in Azerbaijan for the 2024 United Nations Climate Change Conference. The report reveals that current national climate plans are not sufficient. This is particularly alarming considering how many