News stories by Margaret Lopez

BAKU, Nov 19 (IPS) - The global climate aid fund is not the only option discussed at the World Climate Change Conference (COP29). Imposing a new tax on cryptocurrencies and the plastics industry could help close the money gap needed to address the impacts of climate change, especially in the countries of the Global South.

CARACAS, Oct 29 (IPS) - Climate finance will be at the epicenter of the discussion at the UN Climate Change Conference 2024 (COP29). The focus will be on strengthening the fund and defining the conditions under which the countries of the Global South will be able to access this money. However, little is said about the scientific research that is required to gather the evidence and data to prove the loss and damage caused by the impact of climate change in developing countries.

CARACAS, Sep 18 (IPS) - The red and orange illuminated night in Venezuela may look beautiful, but they are a result of gas flaring in the oil fields of Monagas. To meet its Paris Agreement goals, the Caribbean country needs to address gas flaring. How easy will this be in a country where it's mostly gas and oil energy sector accounts for more than two-thirds of its greenhouse gas emissions?

The most visible part of gas flaring in Venezuela is the so-called "Monagas illuminated nights." These are red and orange skies, which are visible from the homes of the locals at night and which show the gas flaring in the oil fields of Monagas, a state located in the east of the Caribbean country and key in its oil production.