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UAE leads climate disaster fund contributions with $100 million pledge

DUBAI (Reuters) - The United Arab Emirates will contribute $100 million to a new climate disaster fund, UAE foreign minister Sheikh Abdullah bin Zayed said on Thursday, leading a combined contribution

COP28 off to a historic start with Loss and Damages fund approved on first day

Immediately after the decision to operationalise this fund, the UAE and Germany announced that they will contribute $ 100 million each to the fund.

China’s Xi calls for Yangtze River Delta economic and energy powerhouse

BEIJING (Reuters) - Chinese President Xi Jinping on Thursday stressed the need to make major new economic, energy and environmental breakthroughs in the development of the vast Yangtze River Delta

Motor racing-McLaren buys carbon credits in quest for net zero

By Gabriel Araujo and Alan Baldwin SAO PAULO/LONDON (Reuters) -McLaren Racing has agreed to purchase carbon credits from reforestation projects in Brazil's Amazon rainforest and CO2 removal

Ahead of COP28, research shows the world far behind in climate fight

By Gloria Dickie, Susanna Twidale, David Stanway (Reuters) -Ahead of this year's COP28 climate summit in Dubai, U.N. agencies have released several reports offering updates on global progress in

Motor racing-McLaren buys credits from Brazil reforestation project in quest for net zero

By Gabriel Araujo SAO PAULO (Reuters) - McLaren Racing has signed a deal with Brazilian startup Mombak to purchase carbon removal credits from reforestation projects in the Amazon rainforest as part

German court finds govt climate policy unlawful, orders emergency action

(Reuters) - A German court on Thursday found the government's policy to mitigate climate change to be unlawful on several points, and ordered Berlin to take emergency action. The Berlin-Brandenburg

How Mexico muddies the waters on fighting climate change

By Stefanie Eschenbacher and Simon Jessop MEXICO CITY/DUBAI (Reuters) - Mexico has labeled hundreds of millions of dollars in spending on fossil fuel infrastructure at state energy company Pemex and

Britain’s Octopus in partnership to build first wind farm in Sierra Leone

LONDON (Reuters) - Britain's Octopus Energy said on Thursday its generation arm has entered into partnership with Sherbro Alliance Partners (SAP) to build Sierra Leone's first wind farm in 2024.

Russia keeps Black Sea port restrictions in place due to storms

MOSCOW (Reuters) -Russia's ministry of transport said on Thursday that restrictions on navigation at key Black Sea ports remain in place due to adverse weather. Severe storms in the Black Sea region

On Camera

Why the 2026 Bengal assembly election is Mamata’s toughest battle and BJP’s best bet

A day after the polling, both parties are on the edge, trying to figure out which way the wave will swing. But one thing is clear. The outcome of this election is going to be a make-or-break for both parties.

RBI cancels Paytm Payments Bank licence citing rule violations

As per a filing issued to exchanges by parent company One 97 Communications, Paytm & its services will continue to operate uninterrupted.

Aksai Chin for Arunachal: Ex-Indian Army chief Naravane backs revival of 1950s China offer on border row

Gen Manoj Naravane (retd) said in an exclusive interview with ThePrint that India should focus on having more experts who understand China's psyche and its workings

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.