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Simon Stiell says finance is ‘make or break’ factor in fighting global warming
Demand for rare metals is likely to soar over the next 10 years
Final tally of more than 65,000 core participants exceeds previous attendance by 80%
Beyond the headline statement, three new pledges might cut demand for fossil fuels and eliminate potent emissions
Plus, was COP28 a historic success or a resounding failure?
EU futures contracts drop below €66 per tonne in London after traders left unconvinced by wording of agreement
US President Joe Biden’s strong criticism of Israel is a sign of tensions between the two allies
The FT’s Simon Mundy assesses the climate change deal reached in Dubai
Revised UN agreement strengthened but alliance of small-island states complains about ‘litany of loopholes’
Fossil fuel economies resist pressure from vulnerable countries needing financial assistance to deal with climate change
Climate agreement may fail to result in falls in oil and gas production
Also in this newsletter: UK stagnation fears resurface, poor countries’ debt costs hit ‘crisis’ point, US mortgage rates fall to lowest level since July
Some progress, but some glaring gaps
Call to move away from fossil fuels lacks deadlines to phase them out
Kingdom backed by other petrostates but many countries call for commitment to phase out fossil fuels
Some big fossil fuel producers are now pushing for a phaseout
Nearly 90 imprisoned or exiled activists accused of setting up or supporting a terrorist organisation
Also in this newsletter: Why NGOs are sceptical of Brussels’ proposal to fight foreign interference
Document says countries ‘could’ cut consumption and production among a range of actions
EU ministers criticise Opec over attempts to switch emphasis to emissions as tensions mount at climate talks in Dubai
Summit president Sultan al-Jaber’s plans to reduce climate goals’ gap ‘not good enough’, warns energy agency’s chief
Activists work around tight UN restrictions to highlight detentions in the host country and the conflict in Gaza
Azerbaijani capital set to hold next climate summit after Bulgaria drops own bid in face of Russian bar on EU members
Known for his steely style, the Emirati technocrat must persuade countries to reach a deal
Also in today’s newsletter, a new green tool for bond investors
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