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Kerry announces — and is immediately criticized for — a new plan to raise money for climate action

By Ivana Kottasová, Allegra Goodwin, Eve Brennan, Ingrid Formanek and Ella Nilsen, CNN US climate envoy John Kerry announced a new, controversial plan Wednesday to raise cash for climate action in the developing world — by selling carbon credits to companies wishing to offset their polluting emissions. Speaking at the COP27 climate summit in Egypt,

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Kerry announces — and is immediately criticized for — a new plan to raise money for climate action

By Ivana Kottasová, Allegra Goodwin, Eve Brennan, Ingrid Formanek and Ella Nilsen, CNN US climate envoy John Kerry announced a new, controversial plan Wednesday to raise cash for climate action in the developing world — by selling carbon credits to companies wishing to offset their polluting emissions. Speaking at the COP27 climate summit in Egypt,

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Billionaires emit a million times more greenhouse gases than the average person, study finds

By Sophie Tanno, CNN A billionaire emits a million times more greenhouse gases than the average person, a study has found. The report published by the British-founded charity Oxfam Monday based its findings on detailed analysis of the investments of 125 of the world’s richest billionaires. It found that, contrary to average people, the wealthiest

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As countries convene at climate summit in Egypt, reports show the world is wildly off track. Here’s what to watch at COP27

By Ella Nilsen, CNN As global leaders converge in Sharm el-Sheikh, Egypt, for the UN’s annual climate summit, researchers, advocates and the United Nations itself are warning the world is still wildly off-track on its goal to halt global warming and prevent the worst consequences of the climate crisis. Over the next two weeks, negotiators

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