Iraq, Türkiye sign deal on Iraqi water infrastructure projects
Iraq signed a deal with Türkiye on Sunday under which water infrastructure projects to be carried out by Turkish firms will be financed with revenue ...
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
The agreement, unveiled at the opening of a major United Nations development summit in Seville, marks one of the first commitments under the newly launched 'Sevilla Platform for Action' — a framework intended to revamp global financing mechanisms for developing countries.
In addition to France and Spain, the initiative is backed by Barbados, Kenya, Benin, Somalia, Sierra Leone, and Antigua and Barbuda. The plan will receive technical support from the European Commission and the Global Solidarity Levies Task Force, which has been advocating for innovative financing tools to address climate and development challenges.
“The aim is to help improve green taxation and foster international solidarity by promoting more progressive and harmonised tax systems,” said the office of Spanish Prime Minister Pedro Sanchez.
As traditional development aid from wealthier nations declines, especially amid rising fiscal pressures, participating countries say targeted taxes on high-emission sectors offer a fair and effective way to mobilize resources. The aviation sector, long criticized for its environmental impact and relative tax immunity, is seen as a high-potential revenue source.
Kenyan President William Ruto welcomed the initiative but emphasized that global action must follow political commitment.
“Many of the ideas are not new, as different countries have had such levies,” Ruto said. “What we need here is political will. We cannot keep talking about change without implementing it. The world is watching and expecting real outcomes.”
Environmental advocates also praised the move. “This is an important step towards ensuring that the binge users of this undertaxed sector are made to pay their fair share,” said Rebecca Newsom of Greenpeace.
She added that the “obvious” next step would be to impose similar accountability on the oil and gas industry.
The aviation levy is part of a broader push by the Global Solidarity Levies Task Force to explore taxes on other high-emission sectors such as maritime shipping, fossil fuel extraction, cryptocurrency trading, and ultra-high-net-worth individuals.
The proposal is still in its early stages, with details on implementation, collection, and distribution yet to be finalized. But supporters say it could generate significant revenue while signaling a shift toward climate justice and equitable development financing.
Reports from CNN say the Pentagon has approved the provision of long range Tomahawk missiles to Ukraine after assessing its impact on U.S. stockpiles, while leaving the ultimate decision to President Trump.
Ukraine’s top military commander has confirmed that troops are facing “difficult conditions” defending the strategic eastern town of Pokrovsk against a multi-thousand Russian force.
Residents of Hoi An, Vietnam’s UNESCO-listed ancient town, began cleaning up on Saturday as floodwaters receded following days of torrential rain that brought deadly flooding and widespread destruction to the central region.
The United Nations has warned of a catastrophic humanitarian situation in Sudan after reports emerged of mass killings, sexual violence, and forced displacements following the capture of al-Fashir by the Rapid Support Forces (RSF).
Egypt has inaugurated the Grand Egyptian Museum near the Great Pyramid of Giza, unveiling the world’s largest archaeological museum and a modern cultural landmark celebrating over 7,000 years of history.
Nigeria welcomes U.S. help against Islamist insurgents if its territorial integrity is respected, responding to Trump’s threats over alleged mistreatment of Christians.
Pope Leo on Sunday appealed for an immediate ceasefire and the opening of humanitarian corridors in Sudan, saying he was following with "great sorrow" reports of terrible brutality in the city of Al-Fashir in Darfur.
The Philippines and Canada signed a pact on Sunday for their armed forces to train on each other's soil, boosting defence cooperation to tackle common security concerns in the Indo-Pacific region.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 2 November, covering the latest developments you need to know.
The U.S. has carried out another deadly strike on a suspected narco-trafficking vessel in the Caribbean.
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