Panama hit by 6.2-magnitude quake – no tsunami risk
A 6.2-magnitude earthquake has struck off the coast of Panama, according to the United States Geological Survey (USGS)...
The Prime Minister of Pakistan Shehbaz Sharif delivered a powerful call for urgent international climate finance, at the climate summit in Baku.
The Prime Minister of Pakistan Shehbaz Sharif delivered a powerful call for urgent international climate finance, at the climate summit in Baku.
He stressed that developing nations will need an estimated $6.8 trillion by 2030 to meet their climate commitments.
The Prime Minister's remarks highlighted the immense financial challenges facing countries like Pakistan, which, despite significant progress with its national adaptation plan and carbon market framework, cannot achieve its climate goals without substantial global support.
"While Pakistan has made strides in combating climate change," Prime Minister Sharif said, "we cannot do it alone. The scale of the challenge is far too great, and the financial resources needed to meet our climate targets are beyond our reach without international assistance."
Sharif urged COP29, under Azerbaijan's leadership, to transform into a “finance COP,” one that prioritizes restoring trust in the climate finance process and significantly scales up funding for developing nations.
He emphasized that climate finance must be grant-based and should not add to the already heavy debt burdens of developing countries, which are already grappling with the impacts of climate change.
"Developing countries are on the frontlines of climate change. We need the world to honor its promises and provide the resources necessary to build resilience and ensure a sustainable future," Prime Minister Sharif asserted.
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.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
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.
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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