Wetland loss could cost global economy $39 trillion by 2050
The world’s wetlands are disappearing at the fastest rate of any ecosystem, with a new report warning of major economic losses if urgent action is not taken.
The world’s wetlands are disappearing at the fastest rate of any ecosystem, with a new report warning of major economic losses if urgent action is not taken.
Natural disasters in China during the first half of 2025 caused $7.55 billion in economic losses and affected more than 23 million people, with floods accounting for the majority of the damage, an official from the emergency response ministry said.
A searing heat wave sweeping in from Western Europe has gripped Greece, prompting emergency measures as temperatures soar across the country.
China has issued high heat warnings across hundreds of regions as East Asia faces its most intense heat wave of 2025.
Pakistani Prime Minister Shehbaz Sharif on Friday proposed creating a low-emissions corridor and regional climate initiatives under the Economic Cooperation Organization (ECO), warning that climate change is severely affecting food security and livelihoods across the region.
The world’s largest climate fund approved a record volume of climate finance for developing countries, scaling up its efforts in response to growing global demand for climate finance.
A second person has died in a wildfire in Türkiye as the country battles a seventh day of blazes across several regions. The latest death is a firefighter who was tackling the flames in western İzmir province on Tuesday.
Greece is expecting a second major heatwave this summer, with temperatures forecast to rise above 40°C from Sunday, prompting warnings about public health impacts and heightened wildfire risks across multiple regions.
The European Commission has put forward a proposal allowing carbon credits purchased from developing countries to be counted towards the European Union’s 2040 climate target for the first time. The move, announced on Wednesday, has drawn criticism from campaigners and some scientists.
Global temperatures in 2024 exceeded the crucial 1.5°C threshold above pre-industrial levels for the first time, marking a serious warning for the world’s climate goals under the Paris Agreement, scientists said.
Wildfires and a severe heatwave sweeping across Europe have claimed the lives of two people in Spain and another two in France, while also causing the shutdown of a nuclear reactor in Switzerland.
The European Union plans to cut greenhouse gas emissions by 90% by 2040 and, for the first time, allow limited use of foreign carbon credits to meet the target.
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
Over a third of Tuvalu's population has applied for Australia's climate visa, as rising sea levels threaten to submerge the Pacific nation within decades.
Heatwaves gripping Europe have pushed temperatures above 40°C, fueling wildfires and triggering weather alerts across several countries.
Greek firefighters are battling a large wildfire south of Athens as the country faces its first major heat wave of the summer, with temperatures nearing 40°C and strong winds fuelling the flames.
Azerbaijan has been elected Chair of the United Nations Environment Programme’s (UNEP) key decision-making body, marking a first for the country and strengthening its role in global environmental policy.
A 32°C heatwave expected to grip England has been made a 100 times more likely by human-caused climate change, according to a rapid scientific analysis released Thursday.
The first side event of the Global South NGO Platform, initiated by Azerbaijan, was held in Bonn, Germany this week.
A historic May heat wave pushed Greenland’s ice melt to 17 times its average rate and sent Iceland’s temperatures soaring to record-breaking highs, raising urgent alarms about Arctic climate vulnerability.
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