World Business Report

COP 28: draft climate deal published, but does it go far enough?


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There's criticism that a draft deal at the COP 28 climate change summit in Dubai doesn't refer to phasing out fossil fuels. The document has been published on the penultimate day of the conference, which aims to unite global partners in the drive towards net zero carbon emissions. The United Nations says it will have to prioritise the areas of greatest need as it announces a significant drop in its humanitarian fundraising appeal for the next financial year. It's aiming to raise $10 billion less than the previous 12 months. Japanese baseball superstar Shohei Ohtani has just landed the richest contract in the history of of North American sport. He'll earn $700 million from the 10-year deal with the LA Dodgers.

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World Business ReportBy BBC World Service

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