EU climate advisers are urging the bloc to stay firm on its 2040 climate target, warning that shortcuts could jeopardize long-term progress.
As the European Commission prepares to unveil a legally binding climate target of cutting emissions by 90% by 2040 (compared to 1990 levels), internal discussions are ongoing about potentially lowering the target or allowing international carbon credits to ease the pressure on domestic industries. The European Scientific Advisory Board on Climate Change (ESABCC) has pushed back strongly against this, cautioning that relying on overseas carbon offsets could weaken Europe's economic transformation.
In their latest analysis, the ESABCC emphasized that using international credits—such as funding reforestation in Brazil—might divert funds away from essential investments in local infrastructure and industry. While advocates argue that such credits help finance carbon-cutting projects in developing countries, the EU previously banned them in 2013 after a flood of ineffective credits crashed the carbon market.
Despite economic and geopolitical challenges, the ESABCC reiterated its 2023 recommendation of a 90–95% emissions cut by 2040, calling it both realistic and vital for meeting global climate goals. Achieving this would require a near-zero emissions power sector and the widespread electrification of heavy industry, yielding health, economic, and energy security benefits.
U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran see...
UK Prime Minister Andy Burnham faces an early test of his climate commitments as his government weighs whether to approve two major North Sea oil and ...
Iran will host senior officials from the five Caspian Sea littoral states at a conference in Tehran on 23 September, aimed at strengthening regional c...
One hundred years after the First World War and more than eighty years after the devastation of the Second World War gave rise to the United Nations, humanity once again finds itself living in an age of permanent crisis.
For months, efforts to secure the Red Sea have focused on what is happening in the water. Naval deployments have increased, governments have expanded maritime cooperation and shipping companies have adapted to persistent security threats.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
Glacier coverage in Kyrgyzstan’s Issyk-Kul Basin has shrunk by 33.7 per cent over the past 70–90 years, according to an updated glacier inventory by Kyrgyzhydromet. The agency says the pace of glacier retreat has accelerated sharply in recent years.
Extreme heat and historically low river levels are forcing nuclear power plants across Southeast Europe to reduce production, increasing pressure on already stretched electricity supplies and prompting governments to call for lower consumption.
Flash floods in Gansu Province in China's northwest last week killed 25 people and injured 23 more, the official Xinhua news agency reported on Sunday, raising earlier death tolls.
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.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment