Sanctions-hit Kremlin stages 'Russian Davos' bereft of elite, Putin speaks Friday
Russia for years hosted world leaders and business titans at its annual economic forum in St Petersburg, but the "Russian Davos" will see little of the global financial elite this year with Moscow isolated by sanctions over its actions in Ukraine. This week, to make up for the lack of major Western attendees, Russia is giving pride of place to smaller players or countries like China - the world's second largest economy - that have not joined in sanctions. Foreign investors are not only from the United States and European Union," Kremlin spokesperson Dmitry Peskov told reporters on Tuesday, pointing to the Middle East and Asia. President Vladimir Putin will give a major speech on Friday focusing on the international economic situation and Russia's tasks in the near future, Interfax news agency cited Kremlin aide Yuri Ushakov as saying. He will also meet media on the sidelines of the forum at about 8 p.m. Moscow time (1600 GMT) that day, he said.
India targets net-zero carbon emissions by 2070, says Modi
India’s economy will become carbon neutral by the year 2070, the country’s prime minster has announced at the COP26 climate crisis summit in Glasgow. The target date is two decades beyond what scientists say is needed to avert catastrophic climate impacts. India is the last of the world’s major carbon polluters to announce a net-zero target, with China saying it would reach that goal in 2060, and the United States and the European Union aiming for 2050.
COP26: What climate summit means for one woman in Bangladesh
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
Why China's climate policy matters to us all
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
Deliver on promises, developing world tells rich at climate talks
A crucial U.N. conference heard calls on its first day for the world's major economies to keep their promises of financial help to address the climate crisis, while big polluters India and Brazil made new commitments to cut emissions. World leaders, environmental experts and activists all pleaded for decisive action to halt the global warming which threatens the future of the planet at the start of the two-week COP26 summit in the Scottish city of Glasgow on Monday. The task facing negotiators was made even more daunting by the failure of the Group of 20 major industrial nations to agree ambitious new commitments at the weekend.