-
Kenya's economy faces climate change risks: World Bank
-
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
-
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
-
Synsira Launches Kind Local Pro with 100% On-Device AI
-
British drugs group GSK targets savings after profits slide
-
Boeing reports loss on Air Force One but sees progress in turnaround
-
First image taken of Betelgeuse's elusive companion star
UN climate chief says Trump scores 'own goal' with treaty retreat
The UN climate chief led a chorus of criticism Thursday over President Donald Trump's decision to withdraw the United States from a bedrock climate treaty, calling it a "colossal own goal" that will only harm his country.
Trump released a presidential memorandum Wednesday ordering the withdrawal from 66 global organizations and treaties -- roughly half affiliated with the United Nations -- for being "contrary to the interests of the United States."
Most notable among them is the United Nations Framework Convention on Climate Change (UNFCCC), which underpins all major international climate agreements.
UNFCCC executive secretary Simon Stiell said Trump's decision would "only harm the US economy, jobs and living standards."
"It is a colossal own goal which will leave the US less secure and less prosperous," Stiell said in a statement.
Critics warned that it will further isolate the country on the global stage, noting that the United States would be the only UN member that is not part of the treaty.
The move "is a strategic blunder that gives away American advantage for nothing in return," said David Widawsky, a director of the World Resources Institute think tank.
"The 30-year-old agreement is the foundation of international climate cooperation. Walking away doesn't just put America on the sidelines -- it takes the US out of the arena entirely," Widawsky said.
The treaty adopted in 1992 is a global pact by nations to cooperate to drive down planet-warming greenhouse gas emissions and adapt to the impacts of climate change.
"The decision by the world's largest economy and second-largest emitter to retreat from it is regrettable and unfortunate," European Union climate chief Wopke Hoekstra said in social media post.
Trump has thrown the full weight of his domestic policy behind fossil fuels and derides climate science as a "hoax."
His administration sent no representative to the most recent UN climate summit in Brazil in November, which is held every year under the auspices of the UNFCCC.
- Fight looms -
The UNFCCC was adopted 34 years ago at the Rio Earth Summit and approved by the US Senate during George H.W. Bush's presidency.
The US Constitution allows presidents to enter treaties "provided two thirds of Senators present concur," but it is silent on the process for withdrawing from them -- a legal ambiguity that could invite court challenges.
Trump has already withdrawn from the landmark Paris climate accord since returning to office, just as he did during his first term from 2017–2021 in a move later reversed by his successor, Democratic president Joe Biden.
Exiting the UNFCCC could introduce legal uncertainty around any future US effort to rejoin.
Jean Su, a senior attorney for the nonprofit Center for Biological Diversity, told AFP: "Pulling out of the UNFCCC is a whole order of magnitude different from pulling out of the Paris Agreement."
"It's our contention that it's illegal for the President to unilaterally pull out of a treaty that required two thirds of the Senate vote," she continued. "We are looking at legal options to pursue that line of argument."
Stiell, however, said: "The doors remain open for the US to reenter in the future, as it has in the past with the Paris Agreement."
- 'Gift to China' -
California Governor Gavin Newsom, an outspoken critic of Trump who is widely seen as a presidential contender, said "our brainless president is surrendering America's leadership on the world stage and weakening our ability to compete in the economy of the future -- creating a leadership vacuum that China is already exploiting."
China is the world's biggest polluter, but it has also become the global leader in renewable energy.
The memo also directs the United States to withdraw from the Intergovernmental Panel on Climate Change, the UN body responsible for assessing climate science, alongside other climate-related organizations including the International Renewable Energy Agency.
The US Treasury Department announced Thursday that it was pulling out of the UN's Green Climate Fund, the world's largest multilateral climate fund.
"Our nation will no longer fund radical organizations like the GCF whose goals run contrary to the fact that affordable, reliable energy is fundamental to economic growth and poverty reduction," said Treasury Secretary Scott Bessent.
ia-abd-np-lt/st
A.Samuel--CPN