Natasha White

Colombia suspended COP16 after talks went into overtime. But countries notched progress on sharing corporate proceeds derived from nature and creating a new body for Indigenous peoples.

The 16th United Nations Biodiversity Conference ended abruptly Saturday as countries disagreed in overtime talks about the creation of a new global nature fund.

JPMorgan Chase & Co. is cautioning against inaction after a summit intended to steer more private finance toward protecting biodiversity ended in limbo.

JPMorgan to Speed Biodiversity Products After UN Summit Halted Natasha White 5 min read

One way would be to loosen criteria around what is considered “transition finance.”

Negotiators at the UN climate summit need to find trillions of dollars — and they’re increasingly turning to private capital, rather than governments.

Good morning from Baku. More world leaders are due to address the summit today. Look out for Italian Prime Minister Giorgia Meloni, only one of two G7 leaders to show up at COP29. The other being British Prime Minister Keir Starmer, who quickly seized the moment to promote the UK as a global leader on climate.

'Financial structures will need to be developed that enable costs to be covered, and private investors to make reasonable returns'.

Shell Plc is looking to sell its portfolio of nature-based carbon projects amid a market contraction for emissions offsets.

Good evening from Baku. The atmosphere has become a bit fraught at COP29. Azerbaijan and France are having a noisy fight about colonial sins, Argentinians have packed their bags and headed home and the finance deal everyone needs to agree seems a long way off. Read on for more and catch up with all of our COP29 coverage for free on Bloomberg.