TAG: Loss and damage

Flood risk in Germany reignites coalition fight over debt rules

BERLIN — A widespread risk of floods in Germany has prompted renewed infighting within the country's...

8 months ago

Germany’s budget crisis: No clear way forward after coalition misses deadline

BERLIN — The German government missed a self-imposed deadline for reaching a 2024 budget deal Wednes...

8 months ago

John Kerry’s America First climate legacy

MAGA may really hate John Kerry, but under his leadership U.S. climate diplomacy has stuck to its Am...

8 months ago

How the far right aims to ride farmers’ outrage to power in Europe

BRUSSELS — If the far right ever seizes power across Europe, it may well ride in on the back of a tr...

8 months ago

EU heavyweights urge ‘ambitious’ 2040 climate targets — breaking silence

Several of Europe's most powerful countries implored Brussels to set "an ambitious climate target fo...

8 months ago

It’s time to cancel debt for climate-stricken nations, Barbados leader says

AMSTERDAM — Countries on the front lines of climate change should have their debt forgiven, the prime minister of Barbados told POLITICO as she pushes to mainstream an issue long considered taboo. “We need to have a different deal for island countries and...

6 months ago

War, money, politics: Discord among wealthy countries hampers landmark climate fund

Aid for victims of climate change is in danger of being delayed as wealthy countries brawl over who gets to sit on the board of a new global fund.The fight includes a disagreement between the European Union and other high-income governments, including the...

6 months ago

Hand over ‘missing’ €5B in Russian asset profits, Ukraine tells EU

BRUSSELS — Ukraine is pushing for another €5 billion from the proceeds generated by frozen Russian assets that the EU has decided to withhold from the war-ravaged nation.Euroclear, the body holding the vast majority of Russia's central bank assets in Euro...

6 months ago

How China ended up financing the Houthis’ Red Sea attacks

China is unwittingly helping Iran choke off ship traffic in the Red Sea, impairing global trade flows and damaging Beijing’s own interests in the process, Western intelligence officials say.China’s illicit purchases of Iranian oil are indirectly financing...

6 months ago

Putin bombards Ukraine but US tells Kyiv to stop targeting Russian oil

KYIV — Russia launched a huge barrage of missiles and drones at Ukraine’s energy infrastructure overnight, leaving several cities without electricity and damaging the Dnipro hydropower plant, Ukraine's biggest dam.Ukrainian President Volodymyr Zelenskyy s...

6 months ago

Europe must quicken green efforts after election, EU climate chief says

STRASBOURG — The next crop of European Union officials must accelerate the push to slash planet-warming pollution and prepare for an extreme weather surge. That’s EU climate chief Wopke Hoekstra's message after scientists’ latest warning that the Continen...

6 months ago

End of an era as Swiss central banker Jordan steps down early

Thomas Jordan is to leave his post at the head of the Swiss National Bank after 12 years, ending an era in which Swiss monetary policy was the subject of something approaching awe around the globe.  “Having met the various challenges of recent years, now...

6 months ago

Intensive pig farming hogs scarce water in drought-hit Catalonia

BARCELONA — In the region of Osona, to the north of Barcelona, there are seven times as many pigs as people.Hectares of pig farms — long, barrack-like brick buildings with half-closed windows — stretch from the roadside into the distance. Metal cylinders...

6 months ago

Italy can do without Russian gas, says energy minister

ROME — Italy has emancipated itself from Russian natural gas and would have no problem with a proposed package of EU sanctions on liquified natural gas (LNG) that the European Commission is considering, Italian Energy Minister Gilberto Pichetto Fratin sai...

5 months ago