-
Kenya's economy faces climate change risks: World Bank
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
-
Stocks diverge on earnings, as oil steadies
-
AI data centre supplier Zhongji InnoLight slips on Hong Kong debut
-
Eurozone economy grows despite Middle East war
-
May, June heatwaves caused 2,877 extra deaths in England: govt
-
Singapore group will develop 'most promising' Ebola vaccine
-
BMW profit down a third as carmaker plans job cuts
-
Shell profit surges as Mideast war fuels oil prices
-
Seoul extends losses as most Asian markets drop, oil rises again
-
Car maker Stellantis says back in profit in second quarter
-
Gambling.com Group Is Now Grandstand
-
Samsung quarterly operating profit up 1,800% on AI boom
-
Meet the astronomer digging into the Milky Way's 'fossils'
-
South Korean stocks bounce after rout, oil holds gains on Mideast woes
-
AI data centre supplier Zhongji InnoLight falls on Hong Kong debut
-
South Korea's women web sleuths fight AI deepfake porn
-
Samsung operating profit up 1,800% in second quarter on AI boom
-
Anything but programmable: New cost-efficient EC-power-supply-series for the DIN rail by CAMTEC PS
-
Japanese population below 120 million for first time in decades
-
Meta misses profit expectations, sticks to massive AI spending
-
US actor Jared Leto denies latest accusations of sexual assault
-
Campari - king of the spritz - hopes to conquer American heartland
-
Danube drops to 'historic lows' as fresh heatwave hits
-
Air France-KLM and Lufthansa bid for Portugal's TAP airline
-
BTS pulls out of Grammys after Asian pop category introduction
-
Profits soar at Airbus as it delivers more planes
-
OpenAI says rogue AI agent attack hit other companies
-
Rheinmetall shares surge after armsmaker reports record profit
-
How an AFP beach snap became emblem of Europe's wildfire summer
-
FIFA hit by furious backlash over plans to sell stake in competitions
-
TRX Spot and Perpetuals Listing Launches on Backpack, Expanding Access to the TRON Ecosystem
-
MEXC Integrates World-Check to Fortify Institutional Grade Compliance Architecture
-
Nepal's tiger numbers climb 20 percent to estimated 429: survey
-
Spain returns wildfire evacuees as France braces for worsening weather
-
FIFA's plans to sell $4.2bn stake in its tournaments widely criticised
-
Russia seeks arrest of Telegram chief Durov
-
BMW aims to cut 8,000 jobs by end 2027: company source
-
South Korean stocks plunge as tech rout deepens, oil rises
-
On London streets, homeless wary at PM's vow to end rough sleeping
-
UBS says second-quarter net profit up 17% to $2.8 billion
-
South Korean stocks collapse amid Asian tech rout
-
Crude jumps on fresh Mideast flare-up, tech rout deepens
-
Japan coral protectors race to save reefs from heat 'bomb'
-
SK hynix posts 1,200% net profit boost on AI chip boom
-
Senate advances sweeping Russia sanctions bill
-
US government bans humanoid robots manufactured abroad
-
AI glasses help propel EssilorLuxottica sales growth
-
GSJJ Launches ESG-Certified Custom Challenge Coins and Pin Badges
Australia vows to cut emissions by 62 to 70% by 2035
Australia pledged Thursday to slash greenhouse gas emissions by 62 to 70 percent from 2005 levels over the next decade, after warnings that homes and livelihoods are under threat.
Under the Paris accord, each country must provide a headline figure to the United Nations for cutting heat-trapping emissions by 2035, and a detailed blueprint for how to achieve this.
"We listen to the science and we act in Australia's national interest," Prime Minister Anthony Albanese said as he unveiled the goal.
Australia's goals are above those of Canada and neighbouring New Zealand, but below the United Kingdom which is one of the most ambitious in the world.
Global emissions have been rising but need to almost halve by the end of the decade to limit global warming to safer levels agreed under the Paris deal.
Australia's previous 2030 commitment was to cut emissions by 43 percent of 2005 levels.
Countries were meant to submit updated targets earlier this year but only 10 of nearly 200 countries required under the Paris Agreement did so on time, according to a UN database tracking the submissions.
The Climate Change Authority warned the world was on track for 2.9C of warming this century based on previous 2030 commitments.
Australia's pledge follows the release this week of a national climate risk assessment that found rising temperatures will have "cascading, compounding, concurrent" impacts on life in Australia, home to more than 27 million people.
It warned rising oceans and flooding caused by climate change would threaten the homes and livelihoods of more than a million Australians by 2050.
The country has poured billions into solar power, wind turbines and green manufacturing and pledged to make the nation a renewable energy superpower.
But Australia's green ambitions are at odds with its deep entanglement with lucrative fossil fuel industries.
It remains one of the world's biggest coal exporters and continues to heavily subsidise fossil fuel sectors.
The sun-kissed country has attempted to burnish its green credentials by bidding to host next year's UN climate summit alongside Pacific island neighbours threatened by rising seas.
L.K.Baumgartner--CPN