The Strait of Hormuz crisis threatens global stability, food security, and the foundational principles of international law, said Bahrain's Minister of Foreign Affairs, calling for urgent international action.
The financial system, governance and regulation of mineral exploration and mining must be reformed to ensure greater capital flows and a clean energy transition, say the authors of a new report by the UN Environment Programme-hosted International Resource Panel.
The United Nations has recently approved the first methodology under Article 6.4 of the Paris Agreement, representing an advancement in the realm of global carbon markets. This initiative marks the beginning of a new phase in international carbon trading, allowing countries and companies to offset emissions under a unified global standard
The global economy has shown resilience amid turbulence during the past year, including shifting trade policies – yet growth remains subdued and far below pre-pandemic levels, the UN said in a landmark report. The global economic output will be slightly below the 2.8% estimated for 2025.
