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carbon markets (VCMs) in a sector of growing importance to efforts to combat climate change. IOSCO, which groups market watchdogs from Asia, Europe, Latin America and the United States, launched a 90-day public consultation on a set of good practices for national regulators to apply. «VCMs have gained significant importance in recent years. But for these markets to succeed, they need integrity — both environmental and financial,» Rodrigo Buenaventura, chair of IOSCO's sustainable finance taskforce, told an event at the COP28 climate summit in Dubai on Sunday. The two weeks of UN talks, which began on Nov.

By Simon Jessop

Exxon Mobil CEO Darren Woods on Saturday rejected the International Energy Agency's recent claim that using wide-scale carbon capture to fight climate change was an implausible «illusion», saying the same could be said about electric vehicles and solar energy. «There is no solution set out there today that is at the scale to solve the problem,» Woods told Reuters on the sidelines of the COP28 climate summit in Dubai. «So, you could say that about carbon capture today, you could say that about electric vehicles, about wind, about solar. I think that criticism is legitimate for anything that we're trying to do, to start with,» he said. While few commercially viable carbon-capture projects exist due to high costs, EVs now make up about 13% of the global new vehicle market, and solar and wind deployments have been expanding rapidly. Woods' appearance marked the first time a CEO of fossil fuel giant Exxon has attended one of the annual U.N.-sponsored climate summits, and reflected a growing effort among oil and gas companies worldwide to recast themselves as part of the solution to global warming, as opposed to a cause. The future role of carbon capture technology and fossil fuels is a key issue at the conference. The IEA, the West's energy watchdog, issued a report on Nov.

United States led calls at UN climate talks Saturday for efforts to curb methane emissions but also pushed a deeply controversial drive to boost nuclear energy to curb global warming. With smoggy skies in Dubai highlighting the challenges facing the world, other pledges are expected at the COP28 conference, including stepping up the deployment of renewable energy. The use of nuclear power as a cleaner alternative to fossil fuels is highly controversial as environmental groups are concerned about safety and the disposal of nuclear waste. But more than 20 nations ranging from the US to Ghana, Japan and several European countries said in a declaration that it plays a «key role» in the goal of achieving carbon neutrality by mid-century. They called for the tripling of nuclear energy capacity by 2050 from 2020 levels. «We are not making the argument to anybody that this is absolutely going to be a sweeping alternative to every other energy source,» US climate envoy John Kerry said at COP28. «But we know because (of) the science and the reality of facts… that you can't get to net zero 2050 without some nuclear,» he said. The other signatories include Britain, France, South Korea, Ukraine and the United Arab Emirates.

Israel pounded targets in the southern Gaza Strip on Saturday, intensifying a renewed offensive that followed a weeklong truce with Hamas and giving rise to renewed concerns about civilian casualties.At least 200 Palestinians have been killed since the fighting resumed Friday morning, according to the Health Ministry in Hamas-run Gaza, even as the United States urged ally Israel to do everything possible to protect civilians. “This is going to be very important going forward,” Secretary of State Antony Blinken said Friday after meetings with Arab foreign ministers in Dubai, wrapping up his third Middle East tour since the war started. “It’s something we’re going to be looking at very closely.”Many of Israel’s attacks Saturday were focused on the Khan Younis area in southern Gaza, where the military said it had struck more than 50 Hamas targets with airstrikes, tank fire and its navy.

Gurgaon police’s Economic Offences Wing (EOW) will investigate the case filed by MGF against Emaar India, the local arm of Dubai's Emaar Properties, and international property consultant JLL India, a senior police officer said. Following the direction of a Gurgaon court, the local police filed a case of undervaluation of land and other charges of committing fraud. “We have registered the case at the direction of the court and have now started the process to transfer the case to EOW. That team will begin the investigation,” said the police officer, who did not wish to be identified. According to a court document, in 2019, Emaar Properties appointed JLL as an independent valuer arbitrarily and forged the reports pertaining to the demerged assets in conspiracy with JLL to decrease the value of MGF’s land and inflate the value of Emaar Properties’ claim to unjustly enrich themselves.

Green Climate Fund, sources familiar with matter said on Saturday as Vice President Kamala Harris arrived in Dubai for the U.N. climate summit. The fund, with more than $20 billion in pledges, is the largest international fund dedicated to supporting climate action in developing countries.

By Leah Douglas

By Kate Abnett and Valerie Volcovici

By Timothy Gardner

By Valerie Volcovici

Congress leader Adhir Ranjan Chowdhury has penned a letter to the Lok Sabha Speaker expressing his reservations regarding the ongoing proceedings of the Ethics Committee concerning Trinamool Congress (TMC) Member of Parliament, Mahua Moitra. Chowdhury, in his communication, has brought attention to the intricate matter of the Ethics Committee's investigation into the conduct of Mahua Moitra. The committee plays a pivotal role in scrutinizing the ethical aspects of parliamentary members' actions, ensuring accountability and maintaining the integrity of the legislative process. The letter emphasizes concerns raised by Chowdhury, shedding light on the need for transparency and fairness in the proceedings.

Climate advocacy groups are pressuring world governments gathered at this year's United Nation's COP28 climate conference in Dubai to commit to cutting global food sector emissions, as the conference host promises to put agriculture in the spotlight. Global food systems- including farming and land use, livestock production, household food consumption and waste, and energy used in the farm and food retail sectors — account for 31% of human-made greenhouse gas (GHG) emissions, according to the United Nations' Food and Agriculture Organization (FAO). But few governments have ever published numeric targets for lowering those emissions, focusing instead mostly on the use of fossil fuels for power, transport and industry, according to climate advocates. «Business as usual food systems would use nearly the whole carbon budget for a 2-degree Celsius world. We need to implement food systems approaches throughout COP28,» said Joao Campari, global leader of food practice at the World Wildlife Fund. A full day of the 28th Conference of the Parties (COP), Dec.

Giorgia Meloni interacted with each other at the climate change summit 'COP 28' in Dubai. The interactions between the leaders have garnered attention online on all social media platforms. The two have been centre of attention when they were seen together at the G20 summit in Delhi.

COP28: How much does loss and damage from climate change cost? COP28 presidency mobilizes $2.5 bn to support food-climate agenda PM Modi proposes India as host of COP33 at climate change summit in Dubai COP28, the annual United Nations (UN) climate meeting, is being held in Dubai this year. Hundreds of world leaders have gathered together at the big UN climate summit to discuss tackling climate change.

By Kate Abnett

United Arab Emirates National Day, also known as the Spirit of the Union. As per the description, this public holiday observes the formation of the UAE, a union comprising seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al-Quwain, Fujairah, and Ras Al Khaimah. December 2, 1971, holds historical significance as the day when the UAE was established as a sovereign, independent nation, allowing each emirate to maintain its individual identity.

Indians might be holidaying overseas this Christmas-New Year season than last year as relatively cheaper fares and packages, better connectivity, and easier entry requirements have made the proposition more compelling. Tour and travel companies such as Thomas Cook, SOTC and EaseMyTrip have seen up to 30% uptick in demand for short-haul international routes compared to last year. Packages for many of these destinations are comparable with those for popular domestic spots, as some countries are actively wooing Indian travellers with visa-free entry and by nudging airlines to offer easy connectivity at affordable rates. Consider this.

COP28 climate summit hit its "first major milestone" on November 30, by operationalising the "Loss and Damage" fund. "This fund will support billions of people, lives and livelihoods that are particularly vulnerable to the effects of climate change," COP28 President Dr Sultan Al Jaber said.

Netflix has officially announced the renewal of multiple TV series for the upcoming year, with a comprehensive list released in December 2023. The following is a compilation of English and non-English language shows set to make a return in 2024.

A number of Binance’s top traders were given exclusive details regarding the crypto exchange’s yet-to-be-announced settlement deal with the U.S. Department of Justice in September, according to a new report.