Italian PM Meloni Calls for Collective Climate Action at COP29 Summit in Baku
Italian PM Meloni Calls for Collective Climate Action at COP29 Summit in Baku
Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
Meloni highlighted the importance of tripling renewable energy capacity and doubling energy efficiency by 2030, stressing that cooperation among major greenhouse gas emitters is crucial.
“Italy is ready to play its part, committing over 4 billion euros from its climate fund for African initiatives and supporting organizations like the Green Climate Fund and the Loss and Damage Fund,” Meloni announced.
The Italian premier underscored the need for a balanced energy transition, including the continued use of fossil fuels, while advocating for a diversified approach.
“We need a diversified strategy that incorporates renewable energy, biofuels, hydrogen, and nuclear fusion. Italy is at the forefront of nuclear fusion technology. Under our G7 presidency, we hosted the first meeting of the Global Fusion Energy Group, sponsored by the International Atomic Energy Agency. We are determined to revive this game-changing technology, transforming energy from a geopolitical weapon into a common resource,” she said.
Meloni also called for stronger energy diplomacy to enhance partnerships between the global North and South, noting that shared destinies offer opportunities for sustainable growth.
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- Economics
- 13 November 2024 12:29
Economics
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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But Putin Says It's "Virtually Impossible" Due to Zelensky's Position Slovak Prime Minister Robert Fico visited Moscow on Sunday to discuss energy issues, becoming the third EU country leader to hold talks with Vladimir Putin since Russia's 2022 invasion of Ukraine. Prior visits include Austrian Chancellor Karl Nehammer in April 2022 and Hungarian Prime Minister Viktor Orbán in July 2024. Slovakia is also a NATO member.
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- Social,
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