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.
For the first time, up to 3% of this target could be met using carbon credits from developing countries, starting in 2036.
This shift comes amid pressure from countries such as Germany, France, and Italy, seeking flexibility for domestic industries facing economic strain.
The credits, intended for projects such as forest restoration, would be subject to strict standards, but critics argue they may divert funds from local climate efforts.
The proposal also lets countries choose which sectors contribute most to their emissions cuts.
While aimed at reinforcing the EU’s 2050 net-zero goal, the plan still needs approval from member states and lawmakers.
The EU must submit a revised 2035 climate target to the United Nations by mid-September.
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The U.S. military said it completed its latest wave of strikes on Iran, a two-hour operation that hit dozens of targets. Washington described the strikes as a "powerful response" to Iranian missile attacks targeting U.S. forces in the Middle East a day earlier.
Saudi Arabia said its overnight strikes on Iran-backed group targets in Iraq were carried out in self-defence and warned it would take further military action if the groups launched new attacks against the kingdom.
Thousands of migrants have crossed into the Spanish exclave of Ceuta from Morocco, overwhelming border security and prompting local authorities to call for a national emergency and military deployment.
A fire involving two gas vessels at Egypt's Damietta port has prompted conflicting reports over whether the incident was caused by a drone strike or an onboard technical fault. Egyptian authorities said there were no casualties.
Iran’s army said it targeted U.S. military facilities in Bahrain and Kuwait with drone attacks. Tehran said the operations were carried out in retaliation for recent U.S. strikes.
Three firefighters have died as wildfires continue to burn across Greece, with Crete facing a second day of intense blazes driven by strong winds. The fires come as Europe battles destructive wildfires fuelled by extreme heat and drought.
An impending "super" El Niño is likely to inflict a combined $10 billion to $20 billion hit on affected African countries and trigger mass migration from hard-hit areas, the African Development Bank's (AfDB) top climate expert said.
Brazil has banned the production and sale of foie gras, the French delicacy made from fattened duck or goose liver. President Luiz Inacio Lula da Silva signed a law late Thursday aimed at ending force-feeding in the country's foie gras industry and stopping imports.
At least 82 people have died after heavy rain triggered devastating floods across northeastern India, Pakistan and Afghanistan this week, with widespread damage to homes, farmland and infrastructure.
Communities in Spain's northwestern Galicia region are bringing back native livestock, including the hardy Cachena breed, to help reduce the risk of devastating wildfires while restoring ecosystems.
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