Trump visits Texas after deadly floods
President Donald Trump toured flood-hit areas in Texas and expanded federal disaster assistance to eight more counties....
Azerbaijan showcased its green transition plan at the Copenhagen Ministerial, targeting 30% renewable energy by 2030. The country also secured a $300 billion climate finance pledge and helped finalize a key carbon market agreement, highlighting its growing role in global climate action.
Azerbaijan presented its green transition roadmap at the Copenhagen Ministerial, continuing its journey toward a sustainable future with a commitment to generating 30% of its energy from renewables by 2030. The country's plans include investing in offshore wind energy in the Caspian Sea, creating green zones in Eastern Zangazur and Karabakh, and establishing new energy corridors to Europe. These efforts are part of Azerbaijan's broader strategy to strengthen regional clean energy cooperation, particularly with neighboring countries like Kazakhstan and Uzbekistan.
In addition to its green transition plans, Azerbaijan made significant strides in climate finance, with COP29 President Mukhtar Babayev confirming that donor countries agreed to contribute at least $300 billion from public sources to support global climate goals. This historic pledge, finalized during preparatory negotiations, is a major milestone for international climate action.
Azerbaijan also played a pivotal role in the breakthrough on Article 6 of the Paris Agreement, which addresses carbon trading between countries. After a decade of stalled discussions, the country helped unlock a deal on market-based cooperation mechanisms, marking a significant achievement in global carbon market development.
Through these efforts, Azerbaijan is cementing its position as a key player in global climate leadership and driving progress towards a more sustainable and resilient future.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
EBRD stated that Ukraine urgently needs new generation capacity after Russian attacks severely damaged its power sector, creating a significant shortfall in electricity generation. In response, the bank announced the launch of the Ukraine Renewable Energy Risk Mitigation Mechanism.
Azerbaijan intends to bring ten wind and solar plants online by 2027 and channel about $2.7 billion into clean-energy projects, lifting renewables to one-third of its generating capacity and positioning the Caspian state as a new supplier of green electricity to Europe.
Masdar, Abu Dhabi’s state-owned renewable energy company, and Iberdrola, one of the world’s largest energy firms, have signed two major agreements as part of their €15 billion (almost $17.6 bn) alliance to expand offshore wind and green hydrogen projects in the UK, Germany, and the United States.
A searing heat wave sweeping in from Western Europe has gripped Greece, prompting emergency measures as temperatures soar across the country.
At the 17th Economic Cooperation Organization (ECO) Summit on 4 July in Khankendi in Azerbaijan, expressed support to the bid by the Republic of Türkiye to host COP31 in 2026. Antalya has been proposed as host city for COP31.
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