News
‘Now or never’ – top climate body says we can avoid catastrophe
The world’s top climate scientists say it’s “now or never’ if we want to avoid disastrous climate change, but drastic and immediate changes can save our planet
The United Nation’s IPCC has officially published its report looking into what the world needs to do to halt the impacts of global warming before its too late.
The top body says there must be “rapid, deep and immediate” cuts in carbon dioxide emissions, with a peak in three years before a rapid decline.
Carbon capture technology will also be required to suck excess CO2 from the skies and help speed up the process.
“We will miss the crucial goal of limiting global warming to 1.5°C unless we dramatically scale up climate solutions to rapidly cut greenhouse gas emissions,” Dr. Stephen Cornelius, the global lead for IPCC and head of WWF delegation, says in a media release.
“We cannot hold on any longer to the polluting fossil fuels that are wrecking our climate and destroying the natural world on which we all depend,” he says.
It’s a harsh wake-up call for world leaders, after it was revealed the planet will still arm by 3.2 degrees Celsius this century with only the current measures in place.
The UN’s Secretary General believes a failure to act will be “catastrophic”.
To avoid unprecedented heatwaves, terrifying storms and widespread water shortages, the rise in global temperatures must stay at or below 1.5 degrees.
There will need to be huge changes to the world’s energy production, industry transport and consumption patterns, as well as a shift in how we treat nature and our environment.
Rijul Baath contributed to this report
News
Global stocks wobble as Davos kicks off and Trump reshapes geopolitics
Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.
Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.
Global stock markets endured a volatile week as world leaders gathered in Switzerland for the World Economic Forum, with investors closely watching signals on inflation, interest rates and geopolitical risk.
The Davos meetings set a cautious tone, as uncertainty weighed on market sentiment across regions.
Adding to the tension, Donald Trump announced a deal involving Greenland, reigniting debate over strategic assets and global influence. The unexpected move injected fresh geopolitical risk into markets already grappling with an unsettled global outlook.
Kyle Rodda from Capital.com, breaks down how markets are reacting, what the Greenland announcement could mean for investors, and what to watch next as Davos concludes.
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News
Zelenskyy reveals planned UAE talks with Russia and the United States
Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.
Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.
Volodymyr Zelenskyy says trilateral talks with Russia and the United States are planned in the United Arab Emirates as efforts to end the war intensify.
He also criticised European leaders at the World Economic Forum, calling for stronger political will.
News
Albanese apologises to Jewish community at Bondi attack memorial
Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.
Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.
Anthony Albanese has apologised to the Jewish community, saying Australia failed to keep people safe after the Bondi terror attack.
Speaking at a memorial in Sydney, he pledged to confront antisemitism and stand with families and first responders in grief and unity.
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