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EU stays firm on Assad as donors contribute $6.1 billion for Syrians
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International donors, led by the European Union (EU), have pledged 5.6 billion euros ($6.1 billion) in support of Syrian refugees. According to a report on Thursday, the EU made it clear that it would not change its stance towards President Bashar al-Assad’s government. The gathering, chaired by EU foreign policy chief Josep Borrell in Brussels, […]
DP World to invest around $500M to reduce CO2 emissions
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DP World, a Dubai-owned ports giant has expressed intention to invest in clean energy technology. The investment which is set to be around $500 million is aimed at reducing emissions of carbon dioxide emissions. As part of the investment, the emissions are projected to be reduced in the company’s operations by 700,000 tons over the […]
IMF, World Bank face pressure to increase climate change financing
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Top officials from the International Monetary Fund (IMF) and the World Bank are under scrutiny as they join economic leaders in a two-day summit in Paris to address the interconnected challenges of poverty alleviation and climate change. Hosted by French President Emmanuel Macron, the summit aims to refocus the global financial architecture to effectively tackle […]