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.
Pakistan is confident it can bring Iran to talks with the United States, a senior official said, citing “positive signals” from Tehran,...
The U.S. aviation regulator has ordered billionaire Amazon founder Jeff Bezos’s space company Blue Origin ...
Japan on Tuesday unveiled its biggest overhaul of defence export rules in decades, scrapping restrictions ...
Israeli strikes killed at least five people across the Gaza Strip on Monday (20 April), Palestinian health officials said, as clashes ...
Iran is considering attending peace talks with the United States in Pakistan, a senior Iranian official tol...
Nations and organisations and Beirut react positively to the ceasefire between Israel and Hezbollah in Lebanon. The Lebanese authorities negotiated the pause with Israel after an historic meeting on Tuesday in the U.S with President Donald Trump making the announcement on Thursday 16 April.
A vast undersea power link across the Black Sea is gaining momentum, strengthening Georgia’s ambitions to become a key energy bridge between East and West.
Azerbaijan’s Foreign Minister Jeyhun Bayramov has met Russian Deputy Foreign Minister Mikhail Galuzin in Baku for bilateral talks, covering political, economic, humanitarian and regional security issues, the Azerbaijani Foreign Ministry said.
British Prime Minister Keir Starmer is preparing legislation that would allow the UK to adopt new EU laws without full parliamentary votes, aiming to speed alignment with European rules in key areas such as trade, energy and food standards.
Iran accuses the United States of breaching a ceasefire after a commercial ship was seized in the Gulf of Oman, vowing retaliation, as Israel warns south Lebanon residents to avoid restricted areas.
Progessive Bulgaria, led by pro-Russian Eurosceptic Rumen Radev is on track to form Bulgaria’s next government, after official results showed a runaway victory for the coalition in the Balkan nation's parliamentary elections on Monday (20 April).
Secretly filmed footage from two UK laboratories has reignited debate over animal testing in drug development, after a former worker alleged that monkeys, dogs and other animals endured prolonged distress during safety trials for new medicines.
A powerful 7.5 magnitude earthquake has struck off Japan’s north-eastern coast, triggering urgent tsunami warnings with waves of up to 3 metres expected, prompting residents to seek immediate safety.
Blue Origin, the U.S. space company of billionaire Amazon founder Jeff Bezos, successfully reused and recovered a booster for its New Glenn rocket launched from Florida on Sunday (19 April), in the latest chapter of its intensifying rivalry with Elon Musk’s SpaceX.
Communities in Mexico have taken to the streets to protest against an ongoing oil spill in the Gulf of Mexico that has killed wildlife and damaged coral reefs over several weeks.
The World Meteorological Organization (WMO) has warned that the Earth’s climate system is becoming increasingly unstable, with new evidence showing a growing imbalance in how the planet absorbs and releases energy.
China is preparing for a year of extreme weather in 2026, with authorities warning the country could face both severe flooding and widespread drought, underscoring mounting climate pressures.
Heavy rain, flash floods and lightning strikes across Afghanistan have killed 28 people and destroyed hundreds of homes in Kabul, Herat and other provinces.
Central Asia is stepping up efforts to address rapid glacier melt, following United Nations warnings of unprecedented climate pressure on mountain ecosystems.
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