G20 leaders met in Rio to boost climate action, calling for increased finance and progress at COP29 in Baku. Key goals include aiding developing nations, addressing global warming, and finalising a treaty on plastic pollution by 2024.
G20 leaders met in Rio de Janeiro to address sustainable development and the transition to clean energy, aiming to boost the chances of a global climate deal at COP29 in Baku, Azerbaijan.
The COP29 host urged G20 nations to send a strong signal on climate action to save stalled talks.
With 2024 set to be the hottest year on record, leaders seek to solidify a response to global warming ahead of Donald Trump’s return to the US presidency, amid concerns he may withdraw from the Paris Agreement.
In a joint statement, G20 nations called for a significant increase in climate finance to aid developing countries and urged COP29 negotiators to finalise a new financial goal by week’s end. However, no specific targets were set, sparking criticism from activists over the lack of concrete commitments.
Developed nations argue for broader funding contributions, including from wealthier developing nations like China, while countries such as Brazil insist the responsibility lies with developed economies.
The G20, responsible for 85% of the global economy and over 75% of emissions, also pledged to finalise a treaty to combat plastic pollution by the end of 2024.
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The Middle East conflict remains tense as diplomatic efforts continue alongside renewed Houthi attacks. Iran says it remains open to mediation, while the Saudi-led coalition says it intercepted a ballistic missile fired towards the kingdom.
Evacuations and the provision of humanitarian aid in the Russian-occupied southern Ukrainian town of Oleshky have begun, a senior Ukrainian official said on Friday. In a statement on Telegram, David Arakhamia said a six-day ceasefire was holding, and that more details would follow.
Qatari mediators returned to Tehran on Friday as part of efforts to reach a deal between the U.S. and Iran, according to an official briefed on the talks.
Russian President Vladimir Putin said Russia remains willing to rebuild relations with European countries but warned that any wider conflict on the continent would leave no winners, as he commented on recent diplomatic contacts with Nordic leaders and growing security concerns in the Baltic region.
Hackers have pulled off a staggering $6.3 billion cryptocurrency heist targeting Binance, shaking confidence in one of the world's biggest digital asset exchanges and sending crypto prices tumbling. U.S. analysts suspect North Korea was behind the attack.
The world's richest 0.1 per cent, just eight million people, produce more carbon emissions through their consumption than the poorest 3.5 billion people combined, according to an Oxfam report released on 27 October 2026.
Azerbaijan is seeking international investment in a 3,000-kilometre green energy corridor to Europe, with banks, investors and energy companies gathering in Baku on Thursday to discuss financing for the ambitious project.
A female dusky shark trapped in a canal in Busan, South Korea, for more than a month has finally returned to the open sea after a successful rescue operation on Wednesday (21 October), following two failed attempts.
The world is on course for dangerous levels of global warming despite international climate pledges, with greenhouse gas emissions hitting record highs and the Paris Agreement’s 1.5°C target increasingly out of reach, according to a UN assessment.
As Armenia prepares to host COP17, the 17th Conference of the Parties to the Convention on Biological Diversity, new projections reveal a widening gap between global conservation promises and what countries are on track to deliver by 2030.
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