China and Africa will be an important engine for economic growth in the next 20 years and Europe should seize the opportunity to engage with them strategically and not see them as a threat, WTO Director-General Pascal Lamy said Wednesday (15 May) in Brussels, where he attended the European Business Summit.
Poor countries have won historic recognition of the plight they face from the ravages of climate change, wringing a pledge from rich nations that they will receive funds to repair the "loss and damage" incurred.
The EU will not commit to renew climate funding which runs out at the year's end ahead of talks at the Doha climate summit, which opens today (26 November). But new climate aid may be announced in the conference’s second week.
All nations will suffer the effects of a warmer world, but the world's poorest countries will suffer most from food shortages, rising sea levels, cyclones and drought, the World Bank’s new report on climate change says.
EXCLUSIVE / The US is considering a funnel of substantive elements of the Doha Climate Summit away from the UN framework and into the Major Economies Forum (MEF), a platform of the world’s largest CO2 emitters, EURACTIV has learned.