United Nations Climate Change Conference

World leaders take centre stage at UN climate talks in Dubai on Friday, under pressure to step up efforts to limit global warming as the Israel-Hamas conflict casts a shadow over the summit.

The COP28 conference kicked off on Thursday with an early victory as nations agreed to launch a "loss and damage" fund for vulnerable countries devastated by natural disasters.

It has already caused a "deafening cacophony" and temperature records, the World Meteorological Organization (WMO) announced today, according to Reuters.
"We are living and going through a climate collapse in real time," said United Nations Secretary-General Antonio Guterres at the opening of the COP28 summit in Dubai, the Guardian reported.

As global leaders gather in Dubai for the world's U.N. climate conference, delegates hope to clinch an early victory on a disaster fund on Thursday before the summit turns its focus to fossil fuels and other divisive topics.

The United Arab Emirates planned to exploit meetings with foreign governments arranged due to its COP28 hosting role to strike fossil fuel deals, according to leaked documents obtained by the BBC.

The leaked briefing notes were prepared by the UAE's COP28 team for summit president Sultan Ahmed Al Jaber ahead of meetings with foreign governments between July and October this year.

China and the United States pledged Wednesday to work more closely together to fight global warming, declaring the climate crisis "one of the greatest challenges of our time".

Just days before the crucial COP28 summit in Dubai on November 30, scientists are predicting that 2023 will be the warmest year ever recorded after the new record in October. The trend is also evident in Greece's weather conditions, as this fall has been characterized by unprecedented heat, mosquitoes and fires. 

The United Arab Emirates plans to triple its supply of renewable energy and invest up to $54 billion over the next seven years to meet its growing energy demands.

Sheikh Mohammed bin Rashid Al Maktoum, the UAE's vice president and ruler of Dubai, announced the plans on July 4 following a Cabinet meeting.

The upcoming Bonn Climate Change Conference is set to kick off next week at the World Convention Center in Bonn, Germany, and is designed to prepare for the UN Climate Change Conference COP27 which is scheduled for November this year in Egypt.

Treasury and Finance Minister Nureddin Nebati has underlined that the Turkish economy continues to draw interest from international investors during his visit to the U.S. capital.

He met with prominent portfolio investors in a meeting organized by banking giant JPMorgan on April 21.

An international conference aiming to protect the Mediterranean Sea from pollution is being held with various presentations, panels, meetings and side events in Turkey's southern province of Antalya.