A banking crisis in the US and Switzerland and the pivot to higher interest rates to fight inflation have increased risks to financial stability, but there are “green shoots” appearing, especially in China, that are positive for the world economy, the International Monetary Fund‘s managing director has said. “Policymakers have acted decisively in response to financial stability risks, and advanced economy central […]
All countries must work together to achieve the objective of limiting global temperature rises to 1.5°C above pre-industrial levels, a leading climate change champion has said. Dan Jorgensen, Denmark’s Minister for Development Co-operation and Global Climate Policy, said important progress had been made in talks between more than 40 nations at the two-day Copenhagen Climate Ministerial summit. […]
Greater action is needed to cut greenhouse gas emissions if the world is to retain any prospect of limiting global temperature rises to 1.5°C above pre-industrial levels, a new report has said. Officials have called for “deep, rapid and sustained greenhouse gas emissions reductions in all sectors,” with the aim of nearly halving emissions by 2030 — instead of […]
Four young Emiratis will help lead the charge towards a more sustainable future as the UAE prepares to host the crucial Cop28 climate summit in November. The eco-conscious quartet — including a girl aged 12 — will serve as Emirati Youth Sustainability Ambassadors at the international gathering in Dubai as the Emirates seeks to shine a light […]
Dr Sultan Al Jaber, the President-designate of Cop28 and UAE Special Envoy for Climate Change, has held talks with French President Emmanuel Macron, as preparations continue for the UN environmental talks later this year. The leaders met in Paris, where the pact to limit global warming to 1.5°C was agreed in 2015. Dr Al Jaber and Mr Macron […]
Developing countries could miss out on the economic opportunities resulting from green technologies if governments and international bodies do not take decisive action, a UN body said. There is a risk of increasing economic inequalities as developed countries stand to gain the most from green technologies such as artificial intelligence, the Internet of Things, and electric vehicles, […]
A leading youth climate advocate said fossil fuel companies need to be part of climate talks if people want them to switch to renewable energy. Jan Kairel Guillermo, youth engagement officer at the Water and Climate Coalition ― a collection of 10 UN agencies to tackle water and climate issues ― said that did not mean decarbonising the economy […]
Climate change will lead infectious diseases such as malaria to spread across more parts of the world, experts at an Abu Dhabi conference said on Tuesday. Speaking at the Forecasting Healthy Futures summit, scientists revealed the wider health impact of an increase in temperature, with more people exposed to infectious diseases such as malaria, cholera, dengue fever and tuberculosis. “This […]
International efforts are needed to find solutions to Iraq’s water crisis, the UN envoy to the country has said. Iraq is the fifth most vulnerable nation to climate breakdown, impacted by high temperatures, droughts and frequent dust storms, presenting a serious threat to the livelihood, according to the UN. “There is a feeling that there is an […]
Oil and gas are still an important part of global energy systems, no matter how much one might hope otherwise, but the world needed to switch from them to tackle climate change, a renewable energy official has said. Gauri Singh, deputy director general of the International Renewable Energy Agency (Irena), said the two fossil fuels had always […]