-
Kenya's economy faces climate change risks: World Bank
-
EU weakens 2035 combustion-engine ban to boost car industry
-
Arctic sees unprecedented heat as climate impacts cascade
-
VW stops production at German site for first time
-
Rome's new Colosseum station reveals ancient treasures
-
EU eases 2035 combustion-engine ban to boost car industry
-
US unemployment rises further, hovering at highest since 2021
-
Shift in battle to tackle teens trapped in Marseille drug 'slavery'
-
Stocks retreat on US jobs, oil drops on Ukraine hopes
-
Stocks retreat ahead of US jobs, oil drops on Ukraine hopes
-
EU set to drop 2035 combustion-engine ban to boost car industry
-
Elusive December sun leaves Stockholm in the dark
-
Thousands of glaciers to melt each year by mid-century: study
-
China to impose anti-dumping duties on EU pork for five years
-
Nepal starts tiger census to track recovery
-
Economic losses from natural disasters down by a third in 2025: Swiss Re
-
Kenyan girls still afflicted by genital mutilation years after ban
-
Men's ATP tennis to apply extreme heat rule from 2026
-
Bank of Japan expected to hike rates to 30-year high
-
EU to unveil plan to tackle housing crisis
-
EU set to scrap 2035 combustion-engine ban in car industry boost
-
Asian markets retreat ahead of US jobs as tech worries weigh
-
Famed Jerusalem stone still sells despite West Bank economic woes
-
Will OpenAI be the next tech giant or next Netscape?
-
Eastman, AstraZeneca, Kraft Heinz, and P&G Recognized with OMP Supply Chain Awards
-
French minister urges angry farmers to trust cow culls, vaccines
-
Rob Reiner's death: what we know
-
Stock market optimism returns after tech selloff but Wall Street wobbles
-
Nobel winner Machado suffered vertebra fracture leaving Venezuela
-
Stock market optimism returns after tech sell-off
-
'Angry' Louvre workers' strike shuts out thousands of tourists
-
Showdown looms as EU-Mercosur deal nears finish line
-
Eurovision 2026 will feature 35 countries: organisers
-
German shipyard, rescued by the state, gets mega deal
-
'We are angry': Louvre Museum closed as workers strike
-
Stocks diverge ahead of central bank calls, US data
-
Louvre Museum closed as workers strike
-
Australia defends record on antisemitism after Bondi Beach attack
-
EU-Mercosur trade deal faces bumpy ride to finish line
-
Asian markets drop with Wall St as tech fears revive
-
France's Bardella slams 'hypocrisy' over return of brothels
-
Tokyo-bound United plane returns to Washington after engine fails
-
Deja vu? Trump accused of economic denial and physical decline
-
China's smaller manufacturers look to catch the automation wave
-
Hungary winemakers fear disease may 'wipe out' industry
-
Campaigning starts in Central African Republic quadruple election
-
'Stop the slaughter': French farmers block roads over cow disease cull
-
First urban cable car unveiled outside Paris
-
Why SpaceX IPO plan is generating so much buzz
-
US unseals warrant for tanker seized off Venezuelan coast
| SCS | 0.12% | 16.14 | $ | |
| CMSC | -0.06% | 23.286 | $ | |
| CMSD | -0.15% | 23.33 | $ | |
| BCC | 0.5% | 75.71 | $ | |
| GSK | -1.15% | 48.68 | $ | |
| NGG | -0.53% | 75.63 | $ | |
| AZN | -1.12% | 90.55 | $ | |
| JRI | -0.3% | 13.52 | $ | |
| RIO | 0.23% | 75.995 | $ | |
| BCE | -0.57% | 23.477 | $ | |
| RBGPF | 4.1% | 81 | $ | |
| RYCEF | -0.68% | 14.8 | $ | |
| BTI | -0.81% | 57.275 | $ | |
| VOD | -0.07% | 12.691 | $ | |
| RELX | -0.67% | 40.805 | $ | |
| BP | -4.24% | 33.815 | $ |
King Charles urges 'genuine' climate action at COP28
King Charles III told world leaders Friday that the UN's COP28 talks in Dubai must be a turning point in the fight against climate change, as tough negotiations over the fate of fossil fuels began.
Charles kicked off two days of speeches by heads of state and government in the oil-rich United Arab Emirates, where the future of fossil fuels has taken centre stage.
"I pray with all my heart that COP28 will be another critical turning point towards genuine transformational action," King Charles told assembled leaders including Indian Prime Minister Narendra Modi, French President Emmanuel Macron and Brazilian President Luiz Inacio Lula da Silva.
The sense of urgency was heightened by a UN warning Thursday that 2023 is on track to become the hottest year on record, raising fears the world will not meet the goal of limiting warming to 1.5 degrees Celsius.
Speaking after the king, Lula, who will host COP30 climate talks in the Amazon in 2025, said: "The planet is fed up with unfulfilled climate agreements."
Other leaders from developing nations spoke of the disproportionate impact of global warming on their people and urged wealthier nations to honour unfulfilled promises to deliver climate funding.
"It's painful for the people of the small island developing states to see that COP28 may not be the milestone moment we had all been hoping for because of our slow progress on the Paris Agreement," said Tonga's King Tupou VI.
The UAE hosts said more than 170 world leaders would attend COP28, but Chinese President Xi Jinping and US President Joe Biden -- whose countries are the world's biggest polluters -- are absent.
The COP28 conference opened on Thursday with an early victory as nations agreed to launch a "loss and damage" fund for vulnerable countries devastated by natural disasters.
But delegates face two weeks of tough negotiations on an array of issues that have long bedevilled climate talks, starting with the future of oil, gas and coal.
The Israel-Hamas war also cast a shadow over the conference, with the Iranian delegation walking out in protest over the presence of Israeli representatives.
- Phase down vs phase out -
A first draft of a COP28 agreement being negotiated by nearly 200 countries includes language on a "phasedown/out" of fossil fuels, which account for the bulk of greenhouse gas emissions.
"The science is clear: the 1.5-degree limit is only possible if we ultimately stop burning all fossil fuels," UN Secretary-General Antonio Guterres said.
Activists have raised concerns about the influence of the energy industry lobby at COP28 as the conference is chaired by Sultan Al Jaber, who is also head of the UAE's national oil company.
Jaber, who is also chairman of a renewable energy firm, said Thursday the "role of fossil fuels" must be included in a final COP28 deal.
The draft text sets up a fight between those calling for a "phaseout" and those in favour of a less drastic "phasedown" of fossil fuels. But observers said the inclusion of such language was significant.
"It is more ambitious than anything ever tabled at COP27 (talks in Egypt last year), so even having it among the options is a big step up," said Lola Vallejo, an expert from French climate think tank IDDRI.
- Gaza war -
But the climate crisis shared the spotlight with the Israel-Hamas conflict as a week-long truce ended.
"We cannot talk about climate change in isolation from the humanitarian tragedies unfolding around us," said Jordan's King Abdullah II.
Israeli President Isaac Herzog met his UAE counterpart Sheikh Mohamed bin Zayed Al Nahyan on Thursday as part of a diplomatic push to release hostages held by Hamas since the conflict erupted on October 7.
US Secretary of State Antony Blinken travelled to Dubai on Friday to meet regional counterparts.
US Vice President Kamala Harris, who will represent the United States at COP28, was also expected to meet with regional officials on the Israel-Hamas conflict.
C.Smith--CPN