Kuwait Committed to Climate Goals, Aims for Carbon Neutrality by 2060, Crown Prince Says
Kuwait Committed to Climate Goals, Aims for Carbon Neutrality by 2060, Crown Prince Says
Kuwait’s Crown Prince Sheikh Sabah Khaled Al Hamad Al Sabah affirmed the country’s commitment to environmental sustainability during a high-level meeting at the COP29 summit in Baku on Wednesday, emphasizing Kuwait’s adherence to international climate agreements, including the Kyoto Protocol and the Paris Agreement.
Kuwait's strategy involves ambitious initiatives to achieve net-zero carbon emissions by 2060 and plans to integrate solar energy into 50% of the country’s power sector by 2050. “We are focused on reducing carbon emissions across all sectors,” the Crown Prince stated, elaborating on Kuwait’s strategic projects aimed at emission reductions and the adoption of clean energy sources.
He also highlighted the broad regional support provided by Kuwait through the Arab Fund for Economic Development. The Kuwait-managed fund has backed over 100 climate-related projects in developing countries, offering significant financial and technical assistance.
“We call on developed nations to honor their commitments and provide support to the least developed countries,” he said, stressing the importance of international cooperation to help these nations achieve their climate goals.
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review