Italian Prime Minister Giorgia Meloni spotlighted Italy's leadership in nuclear fusion at COP29, calling it a transformative step toward global climate goals.
Italian Prime Minister Giorgia Meloni spotlighted Italy's leadership in nuclear fusion at COP29, calling it a transformative step toward global climate goals.
Meloni commended Azerbaijan’s presidency for its role in driving efforts to limit global temperature rise to 1.5°C and adapt climate finance targets. She emphasized the need for global cooperation between developed and developing nations to achieve meaningful progress.
Meloni reaffirmed Italy’s pledge to the climate fight, announcing over €4 billion from Italy’s climate fund earmarked for African climate initiatives and substantial support for the Green Climate Fund and Loss and Damage Fund.
She outlined Italy’s goals, aligning with the 2030 Dubai targets to triple renewable capacity and double energy efficiency, underscoring the need for a balanced energy mix. This approach, she stated, includes renewables, biofuels, hydrogen, and nuclear fusion, embracing technology neutrality for a resilient energy transition.
The Prime Minister stressed the importance of energy diplomacy, particularly between the Global North and South, and highlighted Italy’s "Mateplan for Africa," which promotes green energy infrastructure and peer-to-peer cooperation across the continent. Through its G7 presidency, Italy supports initiatives like "Energy for Growth in Africa" to boost green energy development.
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The first side event of the Global South NGO Platform, initiated by Azerbaijan, was held in Bonn, Germany this week.
The second day of the annual June Climate Meetings in Bonn focused on preparations for the upcoming COP30 conference.
Azerbaijan is calling for closer regional cooperation with Central Asian neighbors to confront the escalating climate crisis in the Caspian Sea, said Mukhtar Babayev, Azerbaijan’s presidential climate envoy and COP29 President, in an interview with The Times of Central Asia.
Azerbaijan is advancing its global climate leadership with an ambitious new initiative to expand climate financing to $1.3 trillion, in collaboration with Brazil, following the landmark COP29 summit held in Baku.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
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.
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.
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.
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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