
-
Planetary health check warns risk of 'destabilising' Earth systems
-
Typhoon Ragasa slams into south China after killing 14 in Taiwan
-
Stocks torn between AI optimism, Fed rate warning
-
US Treasury in talks with Argentina on $20bn support
-
Monchi exit 'changes nothing' for Emery at Aston Villa
-
Taiwan lake flood victims spend second night in shelters
-
Europe ready for McIlroy taunts from rowdy US Ryder Cup fans
-
US comedian Kimmel calls Trump threats 'anti-American'
-
Australia win tense cycling mixed relay world title
-
Stokes will be battle-ready for Ashes, says England chief
-
Iran will never seek nuclear weapons, president tells UN
-
Zelensky says NATO membership not automatic protection, praises Trump after shift
-
Becker regrets winning Wimbledon as a teenager
-
'Mind-readers' Canada use headphones in Women's Rugby World Cup final prep
-
Rose would welcome Trump on stage if Europe keeps Ryder Cup
-
AI optimism cheers up markets following Fed rate warning
-
France doubles down on threat to build future fighter jet alone
-
Delay warning issued to fans ahead of Trump's Ryder Cup visit
-
EU chief backs calls to keep children off social media
-
US Treasury says in talks to support Argentina's central bank
-
'Everything broken': Chinese residents in typhoon path assess damage
-
Inside Barcelona's Camp Nou chaos: What is happening and why?
-
UK police arrest man after European airports cyberattack
-
Ballon d'Or disappointment will inspire Yamal: Barca coach Flick
-
French-German duo wins mega offshore wind energy project
-
Italy deploys frigate after drone 'attack' on Gaza aid flotilla
-
Typhoon Ragasa slams into south China after killing 17 in Taiwan
-
NASA launches mission to study space weather
-
Stocks torn between Fed rate warning, AI optimism
-
Russia vows to press offensive, rejects idea Ukraine can retake land
-
French consumer group seeks Perrier sales ban
-
Photographer Arthus-Bertrand rejects image of 'fractured France'
-
Gaza civil defence says dozens killed in Israeli strikes
-
Pakistan's Shaheen sends Asia Cup warning as third India clash looms
-
Amazon to shut checkout-free UK grocery shops
-
Typhoon Ragasa hits south China after killing 15 in Taiwan
-
Russia vows to press on in Ukraine, rejects Trump jibe
-
Germany's Merz rejects claims he is slowing green shift
-
Sinner says 'changing a lot' after US Open loss to Alcaraz
-
Russia-linked disinfo campaign targets Moldovan election
-
Danish PM to apologise to victims of Greenland forced contraception
-
Wiretapping scandal goes to court in Greece
-
Ekitike apologises to Liverpool fans after 'stupid' red card
-
UK rail operators set for new EU border checks
-
Markets waver after Wall St drop, Alibaba soars
-
S. Korea's ex-first lady goes on trial in corruption case
-
Modern-day Colombian guerrillas are mere druglords: ex-FARC commander
-
Australian telco giant slapped with $66 million fine over 'appalling' conduct
-
TV host Kimmel says 'anti-American' for govt to threaten comedians
-
Massive sinkhole in Bangkok street forces evacuations
RBGPF | -1.74% | 75.29 | $ | |
CMSC | -0.33% | 24.07 | $ | |
RYCEF | 0% | 15.75 | $ | |
RELX | -0.2% | 46.375 | $ | |
NGG | -0.15% | 71.25 | $ | |
SCS | -1.6% | 16.605 | $ | |
JRI | -0.52% | 13.967 | $ | |
BTI | -1.6% | 52.35 | $ | |
RIO | 0.56% | 63.93 | $ | |
BCC | -0.45% | 78.615 | $ | |
CMSD | -0.12% | 24.29 | $ | |
GSK | -0.9% | 40.16 | $ | |
VOD | -0.53% | 11.3 | $ | |
BCE | -1.13% | 22.98 | $ | |
BP | 1.77% | 35.365 | $ | |
AZN | -1.04% | 75.19 | $ |

COP29 talks stall from start with fight over agenda
The COP29 talks opened Monday with calls for global cooperation and fresh warnings about climate disasters -- but proceedings quickly ground to a halt in a fight over the agenda.
Donald Trump's re-election is already hanging over the talks in Baku where negotiators are meant to agree new funding for climate action in poorer countries.
As they opened, UN climate chief Simon Stiell told countries: "Now is the time to show that global cooperation is not down for the count."
And he warned rich countries struggling to agree a new funding target to "dispense with any idea that climate finance is charity."
"An ambitious new climate finance goal is entirely in the self-interest of every nation, including the largest and wealthiest."
But the official proceedings in the capital of oil- and gas-rich Azerbaijan stalled almost immediately.
"They're not going to resume until they resolve... the agenda," said Alden Meyer, senior associate at climate change think tank E3G.
The COP29 president "can't put negotiating teams to work" until they adopt it, he added.
- Trillions needed -
Negotiators must increase a $100 billion-a-year target to help developing nations prepare for worsening climate impacts and wean their economies off fossil fuels.
How much will be on offer, who will pay, and who can access the funds are some of the major points of contention.
Developing countries are pushing for trillions of dollars and insist money should be mostly grants rather than loans, but negotiators are tight-lipped over what final figure might emerge.
COP29 President Mukhtar Babayev acknowledged the need was "in the trillions" but said a more "realistic goal" was somewhere in the hundreds of billions.
"These negotiations are complex and difficult," the former executive of Azerbaijan's national oil company said at the opening of the summit.
Developing countries warn that without adequate finance, they will struggle to offer ambitious updates to their climate goals, which countries are required to submit by early next year.
"The global North owes the global South a climate debt," said Tasneem Essop, executive director of Climate Action Network.
"We will not leave this COP if the ambition level on the finance... doesn't match the scale at which finance must be delivered."
- Few G20 leaders -
The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich nations and top emitters, including China and the Gulf states.
That is firmly rejected by Beijing, with one Chinese official warning Sunday during a closed-door session that the talks should not aim to "renegotiate" existing agreements.
Just a handful of leaders from the Group of 20, whose countries account for nearly 80 percent of global emissions, are attending. US President Joe Biden is staying away.
Afghanistan will however be sending a delegation for the first time since the Taliban took power. They are expected to have observer status.
Diplomats have insisted that the absences, and Trump's win, will not detract from the serious work at hand.
The talks come with fresh warnings that the world is far off track to meet the goals of the Paris agreement.
The UN said Monday that 2024 is on track to break new temperature records, and the Paris climate agreement's goals were now "in great peril".
- Warmest decade -
The period from 2015 to 2024 will also be the warmest decade ever recorded, the UN's World Meteorological Organization said in a new report.
The climate deal commits to keep warming below 2 degrees Celsius compared to pre-industrial levels, preferably below 1.5C.
If the world tops that level this year, it would not be an immediate breach of the Paris deal, which measures temperatures over decades.
But it suggests much greater climate action is needed.
Last month, the UN warned the world is on a path towards a catastrophic 3.1C of warming this century based on current actions.
More than 51,000 people are expected at the talks, which run from November 11 to 22.
For the second year running the talks will be hosted by a country heavily reliant on fossil fuels, after the United Arab Emirates last year.
Azerbaijan has also been accused of stifling dissent by persecuting political opponents, detaining activists and suffocating independent media.
D.AbuRida--SF-PST