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  • U.S. says no China-style climate deal in works for India Wednesday, 10 Dec 2014 | 6:11 PM ET

    LIMA, Dec 10- The United States on Wednesday played down prospects for a wide-ranging deal with India to curb greenhouse gas emissions next year along the lines of a plan agreed to with China last month. China is the top greenhouse gas emitter, ahead of the United States, the European Union and India. Under a joint U.S.- China announcement last month, the United...

  • At the same event, Venezuela's foreign minister and top OPEC emissary Raphael Ramirez provided his country's answer to Naimi's question: OPEC must act, he told Reuters, because "that is our job. Ramirez said Venezuela would evaluate whether to call for an emergency OPEC meeting after seeing how oil prices perform in the first quarter. Last month, Gulf producers...

  • Secretary-General Ban Ki- moon, expressing deep concern about slow action to combat climate change, told governments at U.N. talks in Lima on Tuesday there was no "time for tinkering" and urged a radical shift to greener economies. "But the window of opportunity is fast narrowing," he told delegates from about 190 nations at the Dec. 1-12 talks working on a deal, due in...

  • LIMA, Dec 9- A new Green Climate Fund that aims to help poor nations cope with global warming reached a U.N. goal of $10 billion on Tuesday at global climate talks in Lima, helped by a surprise donation from Australia. Several of the 190 nations at the meeting welcomed the cash from both Australia and Belgium, but China said rich countries were not working fast enough...

  • Secretary-General Ban Ki- moon, expressing deep concern about slow action to combat climate change, told governments at U.N. talks in Lima on Tuesday there was no "time for tinkering" and urged a radical shift to greener economies. "But the window of opportunity is fast narrowing," he told delegates from about 190 nations at the Dec. 1-12 talks working on a deal due in...

  • Climate Investment Funds get $765 mln injection Tuesday, 9 Dec 2014 | 9:08 AM ET

    LIMA, Dec 9- The Climate Investment Funds, an institution that finances programs to cut greenhouse gas emissions, has received an injection of $765 million that increased CIF's total pledges to $8.3 billion, according to Mafalda Duarte, who manages the funds. The fresh money will help CIF expand to new countries and bridge gaps on financing on some of its current...

  • LIMA, Dec 8- European Union insistence on a right to challenge nations about their plans for fighting climate change, in the run-up to a United Nations summit in 2015, opened a rift at U.N. climate talks in Lima on Monday. Washington said a review of national pledges for curbing rising greenhouse gas emissions before the U.N. summit in Paris next December was "not...

  • LIMA, Dec 8- Saudi Arabia's top climate negotiator said on Monday that growing pressure to phase out fossil fuels does not help the UN climate negotiations and that a new climate deal should help oil producers diversify their economies. As UN climate change negotiations enter their second week in Lima, chief Saudi Arabian negotiator Khalid AbuLeif said a deal...

  • LIMA, Dec 8- Projected global warming this century has slowed but is still at a severe rate after promises by China, the United States and the European Union to limit greenhouse gas emissions, a scientific study showed on Monday. The study, issued during U.N. talks on global warming in Lima, said the rate was 0.2 to 0.4 C less than projected after pledges by China, the...

  • OTTAWA, Dec 8- Canada, accused by environmentalists of lack of action in the fight against climate change, said on Monday it has no chance of meeting its 2020 target for cutting greenhouse gas emissions unless it takes further steps. Under the 2009 Copenhagen Accord, Canada promised to cut emissions by 17 percent below 2005 levels by 2020. That means the country's...

  • LIMA, Dec 8- The Global Environment Facility, which has provided $13.5 billion in grants to developing nations since 1991, wants a wider role in protecting nature by tightening commodity supply chains from farmers to consumers. In that example, reducing forest clearances would have to involve banks to prevent lending to loggers on protected land, as well as...

  • LIMA, Dec 8- Recent pledges by China, the United States and the European Union to limit greenhouse gas emissions will slow the rate of global warming this century, a study by climate scientists showed on Monday. It was the first time in five years that promised actions had reduced projected warming under the tracker, compiled by European research groups Climate...

  • LIMA, Dec 8- The Global Environment Facility, which has provided $13.5 billion in grants to developing nations since 1991, wants a wider role in protecting nature by tightening commodity supply chains from farmers to consumers. In that example, reducing forest clearances would have to involve banks to prevent lending to loggers on protected land, as well as...

  • LIMA, Dec 8- The chances of extremely hot summers in parts of Europe have risen tenfold this century because of man-made global warming, a study by British scientists said on Monday. The study defined an extreme summer as one that is 1.6 degrees Celsius above the average for 1961-90. In the last decade, average summers in Europe have warmed by 0.81 degree C, it said.

  • * "Bad news" if Australia refuses to contribute to Green Fund- Su. LIMA, Dec 4- Rich nations' pledges of almost $10 billion to a green fund to help poor nations cope with global warming are "far from adequate," particularly Australia's lack of a donation, the head of China's delegation at U.N. climate talks said on Thursday. Speaking during Dec. 1-12 talks in Lima, Su said donor...

  • * "Bad news" at U.N. climate talks in Lima- Figueres. LIMA, Dec 3- This year is on track to be the hottest on record, or at least among the very warmest, the United Nations said on Wednesday in new evidence of long-term warming that adds urgency to 190- nation talks under way in Lima on slowing climate change. The WMO said average sea surface temperatures hit record highs in...

  • LIMA, Dec 3- Record high ocean temperatures will make 2014 the hottest year on record, or at least among the very warmest, in evidence of a long-term trend of global warming, the U.N.' s weather agency said on Wednesday. Including this year, 14 of the 15 most sweltering years on record will have been in the 21st century, the World Meteorological Organization said of the...

  • BERLIN, Dec 3- Germany's cabinet approved a new plan on Wednesday to slash CO2 emissions in order to meet its ambitious climate targets, but environmental groups criticised the government for not going further in reducing its reliance on coal-fired power plants. The package, which includes an energy efficiency programme that could trigger billions of euros...

  • LIMA, Dec 2- The Philippines, Cambodia and India were the countries hardest hit by extreme weather events in 2013, according to a study unveiled on Tuesday at U.N. talks in Lima on a global deal to limit climate change. The report by Germanwatch, a think-tank partly funded by the German government, said the Philippines suffered most because 6,300 people died when...

  • LIMA, Nov 25- A crackdown on illegal gold mining in Peru has spawned new smuggling routes through its porous border with Bolivia with some gangs using human mules, armored cars and light aircraft to evade capture. The gold is ghosted across jungles, rainforest and Lake Titicaca on the mountainous border, and is then sold to dealers who process the precious metal...