- Thousands flee as Typhoon Usagi hits north of Philippines
- Most Asian markets drop as traders weigh Fed; bitcoin eases
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- Greece's ambitious 'smart city' by the sea takes shape
- For profit or for all? Argentine football clubs red-card Milei reforms
- New Zealand coach hails 'amazing' Chris Wood after fine Forest form
- Corruption overshadows Ukraine's multi-billion reconstruction progam
- Dating apps move to friend zone in search of profits
- As Trump returns, African exporters torn between hope and horror
- Trump's climate impact 'recoverable': researchers
- HRW accuses Israel of 'war crime' with 'forcible transfer' in Gaza
- 'Interior Chinatown' satirizes Asian roles in Hollywood... and beyond screen
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- Scientists say world's largest coral found near Solomon Islands
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- UN nuclear chief in Iran to 'reach diplomatic solutions'
- Israel face France in Paris football match under tight security
- Beijing's fears after Trump fills key posts with China hawks
- Man with explosives dies trying to enter Brazil's Supreme Court
- South Korea exam sees record number of re-takes after medical reforms
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- Pumas seek historic win over 'hurt' Irish
- Advantage Martin as MotoGP reaches gripping climax in Barcelona
- Man with explosives dies trying to enter Brazil Supreme Court
- Mike Tyson, 58, back in ring to face Youtuber Paul
- Hunger in G20 host Brazil is Lula's unfinished fight
- Biden, Xi arrive in Peru ahead of face-to-face at Asia-Pacific summit
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- Lawmakers clash, protesters arrested in wake of Amsterdam violence
- Global diabetes rate has doubled in last 30 years: study
- Six Israeli troops killed, deadly strikes in Lebanon
- US envoy says Mexico's 'hugs not bullets' strategy failed
- Lyon and Chelsea stay perfect in Women's Champions League
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- From 'Little Marco' to 'Mr Secretary': Rubio shows Trump China push
- Sri Lanka president eyes parliament win in snap election
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- Football 'world order' is changing, says Brazil coach
- Maiden century by Varma gives India unbeatable series lead
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- 'First Buddy': Musk takes unusual star role with Trump
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- England will not change 'DNA' against South Africa, says Slade
- Sri Lanka beat New Zealand to go 1-0 up in ODI series
Stark warning on emissions as leaders split on climate goals at COP29
Global leaders offered competing views on how to tackle climate change at UN-led talks Wednesday as a new report warned the world must reach carbon neutrality much sooner than planned.
Planet-warming carbon dioxide emissions from oil, gas and coal rose to a new record high this year, according to preliminary research from an international network of scientists at the Global Carbon Project.
The report came as leaders gathered in Azerbaijan for COP29 climate talks aimed at reaching a deal on boosting funding to help poorer nations adapt to climate shocks and transition to cleaner energy.
The research found that to keep the Paris agreement's ambitious goal of limiting warming to 1.5 degrees Celsius in sight, the world would now need to reach net-zero CO2 emissions by the late 2030s -- instead of 2050.
The warning also follows concerns about the future of the fight against climate change following the election of Donald Trump.
Trump, who has vowed to again pull the United States out of the Paris agreement, named his head of the Environmental Protection Agency Tuesday with a mandate to slash pollution regulations.
Some leaders in Baku defended fossil fuels during two days of speeches while others from countries plagued by climate disasters warned that they were running out of time.
- 'Slower' path -
Italian Prime Minister Giorgia Meloni called for a "realistic global outlook" on Wednesday, saying that world population growth will boost energy consumption demand.
"It is equally a priority that decarbonisation takes into consideration our production and social system's sustainability," she said.
"We must protect nature, with man at its core. An approach that is too ideological and not pragmatic on this matter risks taking us off the road to success," the far-right leader said.
"Currently there is no single alternative to fossil fuel supply."
Greek Prime Minister Kyriakos Mitsotakis called for a "smart" Green Deal, the European Union's ambitious climate plan which aims to make the bloc carbon-neutral by 2050.
"We cannot drive ourselves into industrial oblivion," the conservative leader said.
"We need to ask hard questions about a path that goes very fast, at the expense of our competitiveness, and a path that goes somewhat slower, but allows our industry to adapt and to thrive," he said.
Their views contrasted with leaders from countries beset by climate catastrophes and rising sea levels.
"Tuvalu sincerely hopes that this COP's concluding decisions will deliver a clear signal that the world is promptly phasing out fossil fuel," said the Pacific island's Prime Minister Feleti Penitala Teo.
"For Tuvalu and similarly placed countries, there is simply no time to waste," he said.
- Money fight -
As leaders spoke, negotiators released a fresh draft of a deal with a raft of options to raise funding for poorer countries, while leaving unresolved sticking points that have long delayed an agreement.
Most developing countries favour an annual commitment from wealthy countries of at least $1.3 trillion, according to the latest draft of the long-sought climate finance pact.
This figure is more than 10 times the $100 billion annually that a small pool of developed countries -- among them the US, the EU and Japan -- currently pay.
Some donors are reluctant to promise large new amounts of public money from their budgets at a time when they face economic and political pressure at home.
The prime minister of the hurricane-vulnerable Bahamas, Philip Davis, said small island nations have spent 18 times more on debt repayment than they have received in climate finance.
"The world has found the ability to finance wars, the ability to mobilise against pandemics," Davis said.
"Yet when it comes to addressing the most profound crisis of our time, the very survival of nations, where is that same ability?"
L.Dubois--BTB