#287g-agreement

#287g-agreement

One of the key reasons for India's withdrawal appears to be the steadily declining relevance of COP in driving meaningful global climate action. The complete erosion of trust among countries at the Belem summit in Brazil, where several nations reneged on previously agreed commitments, seems to have contributed significantly to this decision.

Stegra has agreed in principle on €1.4 billion in new financing to complete the construction of what would be the world's first large-scale green steel plant, located in Boden in northern Sweden.

The EESC warns against 'excessive increases' on the grounds that they could fuel illicit trade, thereby recycling one of the tobacco industry's oldest false narratives arguments against stronger regulation.

Airlines in Europe are bracing for fuel supply shocks caused by the war in the Middle East. The severity of the impacts on passengers will be determined in the coming days and weeks depending on whether a recently announced ceasefire between the United States and Iran holds.

The overarching message of The Economics of Climate Change: The Stern Review was that failing to invest in mitigating climate change would exact an alarmingly high price, estimated between 5% and 20% of global GDP per year.

The French government has temporarily authorised the sale of diesel fuel with lower cold-weather resistance to prevent shortages amid rising prices at the pump.

At a young age, I learned quickly how oil wealth and power could burn the land while people struggled. I saw heat rise off the streets, the Nile strained, and the air thickened with injustice. In my teenage years, through Aotearoa, being on the edge of the Pacific, I felt the ocean breathing heavy, swallowing the shores of islands that have done the least to cause this harm.

She had intended to speak about the flashpoints in international politics, Greenland and Ukraine, and US President Donald Trump, but the journalists present kept returning to the issue of the Mercosur agreement and how her party scuppered its ratification. Mercosur, the EU's major trade deal with the four South American countries of Argentina, Brazil, Paraguay, and Uruguay, was meant to be a sign of hope in a world of increasing nationalism a boost to trade based on rules, not punitive tariffs.

After a majority of EU leaders gave the green light last week to the free-trade deal that was 25 years in the making, von der Leyen said it would "create more business opportunities" and "give [European] companies better access to critical raw materials." Once approved by the European Parliament and ratified by both the EU and Mercosur, the massive accord often dubbed a "cows-for-cars" trade deal will open up markets on both continents to almost all goods, including cars, machinery and chemicals from Europe.

The UN-run market allows companies and countries to offset their excess emissions by financing projects that cut greenhouse gases in other nations. The new initiative involves a clean cooking project in Myanmar, which distributes efficient cookstoves that reduce pressure on local forests. Implemented in partnership with a South Korean company, the project will generate credits that will count towards the climate targets of South Korea and Myanmar.

Europe's ageing fleet of nearly 2,000 ferries are a large but overlooked source of foul air in coastal cities. Emissions of sulphurous oxides toxic gases that smell like burnt matches and rotten eggs react to form tiny particles that penetrate the lungs, ride the bloodstream and damage organs throughout the body.

as the EU's climate advisory board urges countries to prepare for a catastrophic 3C of global heating. Maarten van Aalst, a member of the European Scientific Advisory Board on Climate Change (ESABCC), said the continent was already paying a price for its lack of preparation but that adapting to a hotter future was in part common-sense and low-hanging fruit. It is a daunting task, but at the same time

Australia and the EU are on the brink of striking a long sought after free trade agreement, with both sides talking up significant progress during talks in Brussels overnight. Ahead of a planned visit to Australia by European Commission president Ursula von der Leyen, due within months, a joint statement issued after the latest talks attended by the trade minister, Don Farrell, signalled major progress. The two sides said they had been able to converge on key differences which have dogged the deal for years.

Many planned projects have been delayed or scrapped. Adrian Odenweller and Falko Ueckerdt at the Potsdam Institute for Climate Impact Research in Germany tracked 190 projects globally that were due to begin operating in 2023. The researchers found that only 7% of these had begun operations as scheduled.