The Guardian

Hundreds of properties flooded and Welsh town hit by landslip as major incident declared in Northamptonshire

Forecasters, environment officials and politicians have been strongly criticised over the warnings issued before Storm Bert and the fitness of flood defences to cope with increasingly common extreme weather.

A huge clear-up is under way across swathes of Wales and England, with hundreds of properties flooded and a former Welsh mining town hit by a landslip from a coal tip, leaving buildings deep in sludge and mud.

IFS suggests gifts of land before a certain date could be tax-free so that elderly farmers would not be caught out

Ministers should give farmers an inheritance tax holiday for the next few years, the Institute for Fiscal Studies (IFS) has said as it warned that government changes to agricultural taxes risked treating some landowners unfairly.

Rachel Reeves, the chancellor, announced in her budget last month that farmers with a business worth more than £1m could be subjected to 20% inheritance tax, prompting a tractor protest outside parliament.

Experts say financial movements mean poor nations will in effect get billions less in value from £300bn pledge

A failure to factor in inflation means the $300bn (£240bn) climate finance deal agreed at Cop29 is not the tripling of pledges that has been claimed, economists have said.

The international talks in Baku were pulled back from the brink of collapse early on Sunday morning when negotiators struck an agreement in which rich countries promised to raise $300bn a year by 2035. On paper, this is a tripling of the previous climate finance target of $100bn a year by 2020, and has been trumpeted as such by the UN and others.

Britain wanted much better outcomes on many issues, but seeing the ambition at the conference gives me hope for the future

The climate crisis is all around us. And the world is not moving nearly fast enough. In that context, the Cop process for climate negotiations feels frustratingly slow. Yet it is the best mechanism for multilateral action we have, so we have to use it to do everything we can to speed up action.

The UK went to Cop29 determined to play its part in a successful negotiation because it is in our national interest. As the prime minister said in Baku earlier this month, there is no national security without climate security. That is so clear from the effects of Storm Bert over the past couple of days. If we do not act, we can expect more and more of these extreme and devastating outcomes.

Ed Milband is secretary of state for energy security and net zero

My negotiating team tried in vain to push up support for the global south. Lessons must be learned before the next summit in Brazil

• Mukhtar Babayev is president of the Cop29 UN climate change conference
• China was willing to offer more in climate finance, says Cop29 president

Nine years after the Paris agreement, and after 11 months of multilateral diplomacy and two weeks of the most intense negotiations at Cop29 in Baku, we have a deal. Under the terms of the Baku breakthrough, the world’s industrialised nations will provide $300bn (£240bn), which, combined with resources from multilateral lending institutions and the private sector will reach $1.3tn in climate financing this year. Cop29 also finalised, after years of failed attempts, a global framework for international carbon markets trading, a critical mechanism for less polluting and less wealthy nations to raise climate finance. A fund for responding to loss and damage – another new financial resource for less developed nations – was brought in shortly before the summit, and funds are already being paid into it.

This deal may be imperfect. It does not keep everyone happy. But it is a major step forward from the $100bn pledged in Paris back in 2015.

Mukhtar Babayev is president of the Cop29 UN climate change conference

Study detects synergistic effect making substances more dangerous, raising alarm since humans are exposed to both

Few manmade substances are as individually ubiquitous and dangerous as PFAS and microplastics and when they join forces there is a synergistic effect that makes them even more toxic and pernicious, new research suggests.

The study’s authors exposed water fleas to mixtures of the toxic substances and found they suffered more severe health effects, including lower birth rates, and developmental problems, such as delayed sexual maturity and stunted growth.

Azerbaijan’s Mukhtar Babayev criticises western countries for failing to provide enough money for developing world

• Mukhtar Babayev: I’m glad we got a deal at Cop29

China would have offered more money to the poor world to tackle the climate crisis if western countries had not failed to show leadership, the president of the Cop29 UN climate summit has said.

Cop29 ended early on Sunday morning after a marathon final negotiating session in the Azerbaijani capital, Baku, with a deal on finance to developing countries that was widely attacked for being inadequate and a betrayal of trust.

Female almost the length of a shipping container was found dead on a drumline in August, primary industries department has revealed

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The largest great white shark ever caught in Queensland’s shark control program died while pregnant with four pups, the primary industries department has revealed.

A female white shark was found dead on a shark-catching drumline near Gladstone in August. Queensland’s Department of Primary Industries took samples for research purposes and has been collaborating with researchers interstate, a spokesperson said.

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Growing infestations along the Logan river pose ‘very high risk’ of spreading downstream, Invasive Species Council says

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An increase in fire ant infestations along Queensland’s Logan River is raising concerns Australia’s worst invasive species could form floating rafts and spread downstream.

The Invasive Species Council advocacy manager, Reece Pianta, said governments should urgently ramp up eradication efforts along the Logan River, in south-east Queensland.

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The stakes are high for donors at next month’s IDA summit in Seoul, but not investing in development means more instability globally

Multilateralism is under attack. A toxic brew of multiplying conflicts, worsening climate impact, new pandemics and spiralling debt has brought the system to its knees, appearing almost incapable of properly addressing these converging crises. Adding the unknowns of a Trump administration into the mix will do little to allay concerns.

My own critiques of the current multilateral system are well documented, but I do not subscribe to the view that it has no future. What’s needed is a total reboot.

Coca-Cola extracts largest amount of freshwater of any drinks company in England, FoI request finds

• ‘It’s not drought - it’s looting’: the Spanish villages where people are forced to buy back their own drinking water

Foreign multinational companies are extracting billions of litres of water from British aquifers to sell as bottled water, the Guardian can reveal.

Coca-Cola extracts the largest amount of freshwater of any drinks company in England, the data obtained through freedom of information legislation shows. It has a licence to extract 1.59bn litres of water a year from boreholes in Sidcup, Kent for its soft drinks. On top of that, it has the right to take 377m litres for its bottled water brands Glaceau Smartwater and Abbey Well from Morpeth in Northumberland.

World’s largest cruise line named Europe’s most climate-polluting, despite investing millions in cleaner technologies

The world’s largest cruise line company is responsible for producing more carbon dioxide in Europe than the city of Glasgow, a report has found.

Analysis by the Transport and Environment (T&E) campaign group, provided to the Guardian, found Carnival to be the most climate-polluting cruise company sailing in Europe in 2023.

Nearly all observers believe Chris Bowen is strongly committed to action. Most agree that can’t be said for his party

Cop29 in Baku has concluded but its outcome is disappointing – in many dimensions. Its decisions on finance – agreeing that the developed world would provide US$300bn a year by 2035 – come nowhere close to what’s needed. Ultimately, it may even be poisonous because of its lack of ambition and muddled scope – it does not even cover loss and damage.

Baku saw little sense of urgency or increased climate action, despite the universal message from scientific studies, including the Climate Action Tracker. Our global update this year found that in the last three years there’s been virtually no improvement in either action on the ground, nor ambition to take action in the future. And this is despite a series of seemingly never-ending, global warming-linked deadly catastrophes unfolding around the world.

A rushed final text in Baku strains trust between nations, as inadequate climate finance commitments leave vulnerable countries calling for justice

The hasty imposition of a deal at the UN climate conference, Cop29, in Azerbaijan, over the objections of poorer nations has fractured global trust and undermined recent progress. This was supposed to be the “finance Cop” when two dozen industrialised countries – including the US, Europe and Canada – promised to pay developing nations for the damage caused by their rise. Instead, developing nations – led by a group including India, Nigeria and Bolivia – say this weekend’s agreement for $300bn a year in 2035 is too little, too late. Worse, rich-world governments will be able to escape their obligations by being able to rely on cash from private companies and international lenders.

Independent experts say the developing world, excluding China, would need $1.3tn a year by 2035 to fund its green transition and keep temperature rises in line with the Paris agreement. The climate finance target, pushed through by the Azerbaijani chair, is described by poor nations as a death sentence for those already drowning under rising seas and facing devastating costs.

Some countries say deal should not have been done and is ‘abysmally poor’ compared with what is needed

The climate finance deal agreed at Cop29 is a “travesty of justice” that should not have been adopted, some countries’ negotiators have said.

The climate conference came to a dramatic close early on Sunday morning when negotiators struck an agreement to triple the flow of climate finance to poorer countries.

If Peter Dutton senses an opportunity in blocking bills in the lead-up to an election, he might just take it

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The final parliamentary sitting week of the year is here!

That odour you’re smelling is drip filter coffee to fuel late-night Senate votes and the faint whiff of desperation to pass as much of the government’s legislative agenda as possible.

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Rich and poor countries concluded a trillion-dollar deal on the climate crisis in the early hours of Sunday morning, after marathon talks and days of bitter recriminations ended in what campaigners said was a 'betrayal'.

• Cop29 agrees $1.3tn climate finance deal but campaigners brand it a ‘betrayal’

• Yes, there is a lot of greenwashing, but Cop summits are our best chance of averting climate breakdown

Away from the brutal main negotiations, there were important strides forward. The science can – and must – rise above politics

The resolutions reached at Cop29 on tackling the climate crisis, in the early hours of Sunday morning, are gravely disappointing but much better than nothing. And “nothing” was almost the result of this climate conference in Baku.

The deal falls a long way short of hopes at the start of the climate summit, and even further behind what the world urgently needs. But coming after negotiations that frequently teetered on the very edge of collapse, the result does keep climate talks alive despite Donald Trump’s second coming, and has laid the first ever international foundation, however weak, on which the world could finally construct a system of financing poor countries’ transition away from fossil fuels.

Countries agree on how to create, trade and register credits to meet climate commitments

It was once among the most promising ways to funnel climate finance to vulnerable communities and nature conservation. The trading of carbon credits, each equal to a tonne of CO2 that has been reduced or removed from the atmosphere, was meant to target quick, cost-effective wins on climate and biodiversity. In 2022, demand soared as companies made environmental commitments using offsets, with the market surpassing $2bn (£1.6bn) while experiencing exponential growth. But the excitement did not last.

Two years later, many carbon markets organisations are clinging on for survival, with several firms losing millions of dollars a year and cutting jobs. Scandals about environmentally worthless credits, an FBI charge against a leading project developer for a $100m fraud, and a lack of clarity about where money from offsets went has caused their market value to plunge by more than half. Predictions that standing rainforests and other carbon-rich ecosystems would become multibillion-dollar assets have not yet come to pass.

The broadcaster thinks if he fires up his farming fanbase they can shield him from his obligation to contribute his fair share to society

I read Andrew Michael Hurley’s new novel, Barrowbeck, in preparation for co-hosting Tales of the Weird, a timely event on the folk horror genre at the British Library earlier this month. I’m not the most informed commentator on this literary subset by any means, but I am, after Mark Gatiss, one of the most famous, and so I am often asked to pontificate about it. That’s the way the world works, I’m afraid. That’s why Hugh Dennis and David Baddiel are presenting a new show for Channel 4 about cycling across France, instead of the cyclist who cycled across France earlier this year and won the Tour de France cycling race, whoever he was.

Barrowbeck follows the fortunes of a Yorkshire hamlet, from an itinerant tribe making a pact with their gods 2,000 years ago, in which they promise to honour the land, to the near future of 2041. There, climate change has seen that same land flooded, some inhabitants holding on in hope as a cycle of life that stretched back millennia indisputably ends, as it will for all of us, sooner, it seems, rather than later. And these are the doomed lands our wealthiest farmers are taking to the streets to inherit (at half the inheritance tax anyone else would pay).

Stewart Lee tours Stewart Lee vs the Man-Wulf next year, with a Royal Festival Hall run in July. He is also a guest of all-female Fall karaoke act the Fallen Women, at the Lexington, London on 28 December