-
Kenya's economy faces climate change risks: World Bank
-
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
-
Airbus completes record 24-hour flight with plane to be used by Qantas
-
Kering sales begin to recover as Gucci improves
-
FIFA says it hopes to sell $4.2bn stake in its tournaments
-
Spain allows wildfire evacuees to return but France fears flames spreading
-
'Not out of danger': Residents return to scorched French village
-
US Fed begins meeting with markets expecting steady interest rates
Australia yields to Turkey in standoff over next climate summit
Australia has conceded defeat in a bruising diplomatic struggle over hosting rights to next year's UN climate summit, with Turkey prevailing despite holding a much weaker hand.
Exactly who presides over the blockbuster global event is still in play, but Australia's long-running campaign to bring COP31 to Adelaide is over.
"Obviously, it would be great if Australia could have it all. But we can't have it all," said a dejected Chris Bowen, Australia's climate minister, in Brazil where this year's climate talks rumble on.
Just two days earlier in the rainforest city of Belem, where the unresolved standoff with Turkey risked a spat on the world stage, Bowen declared confidently: "We're in it to win it."
But despite its bid enjoying overwhelming support, Australia could not get around a quirk of the UN system -- that consensus is required to win hosting rights.
Turkey refused to withdraw, leading to a tug-of-war in Belem that tested Brazil's insistence that global climate solidarity was alive and well.
Without one side backing down, or another arrangement being made, COP31 would default to Germany, which hosts the UN climate body's offices -- something many wanted to avoid, not least the Germans themselves.
A highly-unusual alternative was brokered: Turkey would host the 200-nation summit, but Australia would steer the marathon negotiations.
"I know some people will be disappointed in that outcome," said Bowen but "significant concessions are what's required when you try to find consensus."
- Turkey triumph -
It is a major coup for President Recep Tayyip Erdogan, who has pursued an assertive, go-between diplomacy that positioned Turkey as a mediator in conflicts from Ukraine to Gaza and the Horn of Africa.
The summit will be held in the Mediterranean resort city of Antalya, where Turkey already hosts a major diplomatic forum every January that serves to showcase the soft power image that Ankara wants to project.
COP summits attract world leaders, business executives, and tens of thousands of visitors, and hosting the gala events has become a point of prestige.
Rival COP-hosting bids are not unprecedented, but none had ever come down to the wire like this.
Turkey insisted it had a competitive bid, despite lacking the numbers behind Australia, which had pledged to co-host with climate vulnerable Pacific Island nations.
Under COP rules, hosting duties rotate through five blocs and in 2026 that fell to the Western European and Other States -- two dozen mostly European countries but also Turkey, Australia and Canada, among others.
On Thursday, at a meeting to break the impasse, Turkish diplomats stood together alone some distance from the other representatives, with both groups entering the room through different doors.
The meeting was chaired by German state secretary for the environment Jochen Flasbarth, who told AFP the co-hosting proposal was "innovative" and he did not hear opposition to it.
But it had yet to be put in writing -- and only then would he reconvene the group to make a decision.
- 'Disappointed' -
But close observers said it was unlikely Australia could accept anything other than the COP31 presidency -- and hard to imagine Turkey would not agree to the terms.
"It would seem remarkable that a country that had no supporters other than themselves in the regional group that decides would be able to both walk away with physical hosting of the COP, as well as the all-important presidency," said a diplomatic source close to the discussions.
Simon Bradshaw from Greenpeace Australia Pacific, told AFP that "whatever the venue, whatever the arrangement, the task remains the same: phasing out fossil fuels and ending deforestation."
But the mood was less upbeat in the Pacific Island region, where rising seas and extreme weather threatens the very survival of many small island states.
"We are all not happy. And disappointed it's ended up like this," Papua New Guinea's Foreign Minister Justin Tkatchenko told AFP as the news broke.
jmi-np-fo-ia/des
X.Cheung--CPN