COP29 hosts released a new draft of a deal that would see developed nations take the lead in providing $250 billion a year by 2035, but the mood in Baku was grim on Friday

Group's shares sink after Indian billionaire and seven others were indicted by US prosecutors over an alleged $265m bribery scheme for solar contracts

Countries pledge to target food and other waste, as the waste sector is responsible for about 20% of methane stemming from human activity.

China’s announcement last week on ending export tax rebate means exporters of affecting products — ranging from aluminium to used cooking oil — will look to pass on the resulting extra costs

Asia is "witnessing a period of important transition", creating uncertainty and "acute risk" from escalating trade tensions, a top IMF official said

Musk said previously that killing the subsidy may slightly hurt Tesla sales, but would devastate its US EV rivals. However a major auto trade group wants the credits retained

Vaulted Deep has raised $32 million of venture capital funds to expand its operations that use oil industry technology to flush carbon-containing waste down wells

Billionaire who founded battery giant CATL has plans to develop 'zero carbon' power grids, a business that could be far bigger than his EV battery operations

CATL founder Robin Zeng confirms battery licensing deals with Tesla and Ford, but US lawmakers may not allow a Chinese battery plant in the US given tense trade ties

New fee announced at COP29 aims to deter methane emissions, but incoming president Donald Trump – a climate sceptic – is expected to scrap it

The COP29 summit’s ability to reach consensus on urgent climate action also remains in shrouded in doubt, given several prominent world leaders are planning to skip the event

World's top carmaker plans to transfer greater responsibility to local staff who have a better grasp of the market, particularly around EVs and connected car tech