-
Russia seizes assets of Nestle, French firms over West's Ukraine support
-
Stock markets diverge after central bank rate hikes
-
England can build on World Cup 'spirit', says Tuchel
-
Anti-Assad music star makes triumphant return to Syria
-
UNESCO can be 'moderator' in AI debate: chief to AFP
-
In-form Fernandez included in Spain Nations League squad
-
Infantino 'must go', says German FA vice-president
-
Arteta buries hatchet with Hurzeler ahead of Brighton clash
-
Russia seizes assets of Nestle, French firms
-
Alexander-Arnold and Palmer return to England squad for Nations League
-
Japan's busiest rail station tests robot bins
-
Russians vote as Ukraine war drags on for fifth year
-
Anthropic says AI systems moving towards building themselves
-
Backpackers fret over Australian visa crackdown
-
Asian stocks boosted by falling oil, yen weakens after BoJ rate hike
-
Most Asian stocks track Wall St rally, yen drops after BoJ rate hike
-
Pakistan court blocks expulsion of Afghan medical college students
-
Russians begin voting in controlled election as war drags on
-
Athletes 'can't take it any more' as Asian Games issues mount
-
Trump 'clearly' wants dialogue with Pyongyang: South Korean President
-
Allen lights up Bills' new stadium with 41-31 win over Lions
-
Bank of Japan hikes rates to 31-year high to battle inflation
-
Afghan medical students in Pakistan hope court stops college expulsions
-
Thailand's Muslim separatists vow to fight to the end
-
AI doomsday warnings unlikely to slow IPOs but questions linger
-
Mideast turmoil, AI set to dominate UN gathering of world leaders
-
ICC eyes China in bid to expand cricket
-
Australia to detain tourists who overstay visa, minister says
-
Nkunku craving freedom and fun on RB Leipzig return
-
Championship rivals brace for renewal of bitter feuds
-
Bhutan's traditional archers lose ground to development
-
In Brazil's Amazon, the hunt for oil fuels hopes and fears
-
Asian stocks track Wall St rally as oil prices drop
-
Australian athlete who soiled herself apologises for continuing Hyrox race
-
South Korea makes Asian Games complaint over Japan warlord ceremony
-
Baby orangutans in India expose 'frightening' scale of trafficking
-
US aid cuts are killing Kenyan sex workers
-
Doom Loop? Ed Sheeran struggles against Gaza tide
-
October 7 survivors, families take centre stage in Israel vote
-
Sudanese women hold fast to threatened henna body art
-
Captain Mat Ryan axed from Socceroos squad for Brazil games
-
Man Utd misery puts Carrick under pressure, Spurs feeling the heat
-
US approves sale of 48 F-35 jets to Saudi Arabia
-
Prized Mexican relic returns on loan, two centuries on
-
Juventus, Palace cruise to Europa League wins, Bournemouth beat Sociedad
-
Venezuela unblocks some censored news sites
-
Stocks climb as oil retreats, Fed calms inflation fears
-
Samba stars on debut in Man City rout of Norwich
-
Russians begin voting in controlled election as war drags
-
Oversight Board blasts 'inadequate' Meta safeguards for AI deepfakes
Africa sounds caution on net zero goal ahead of COP27
Africa needs time and money to wean itself off fossil fuels in order to achieve net zero without jeopardising its future, its representatives are warning ahead of next month's climate talks.
At energy conferences this week, Ghana, South Africa and the African Union have insisted the continent stands by net zero -- the goal of an overall balance in heat-stoking greenhouse gases.
But they warned that the continent was still heavily dependent on coal, oil and gas to power its development.
"Africa is fully convinced and committed to a net zero and supportive of the climate agenda, however. where we may differ is on the timeframe," African Union (AU) energy commissioner Amani Abou-Zeid told AFP on the sidelines of the Green Energy Africa Summit in Cape Town.
Africa's population of 1.3 billion is set to double by 2050, and AU nations aim to make affordable and reliable energy available to everyone by 2063, she argued.
Funding for Africa's green transition is likely to be a flashpoint at the COP27 climate summit, running in the Egyptian resort of Sharm el-Sheikh from November 6-18.
Under the 2015 Paris Agreement, rich nations pledged $100 billion a year to help developing countries limit climate change.
But they have so far failed to meet the promise -- and prospects have been further clouded this year by the resounding economic impacts from the Covid-19 pandemic and war in Ukraine.
- 'Not in our interest' -
Ghana's deputy energy minister Mohammed Amin Adam said international green energy investment in Africa was "still appalling", accounting only for about two percent of the global total.
At the same time, African countries also need to secure financing for oil and gas projects, as fossil fuel revenue is needed to finance climate adaptation measures, he told AFP.
Adam pointed to data showing that most of Africa's oil and gas producers depended greatly on export revenue derived by these fuels.
"If we give up this, how do we even finance our ability to adapt to the climate effects? We cannot. Unless we have a substitute for our revenue," he said.
African countries are among the most exposed to the impacts of climate change, especially worsening droughts and floods, but responsible for only around three percent of global CO2 emissions, former UN chief Ban Ki-moon said last month.
- S.African coal -
Speaking at an Africa Oil Week event in Cape Town, South African Energy Minister Gwede Mantashe said ditching coal too quickly was not in the country's best interests, as it would damage the economy and cost thousands of jobs.
South Africa is the continent's main coal producer and consumer -- as well as one of the world's top 12 carbon emitters.
Last year, the government secured pledges of $8.5 billion loans and grants from a group of rich nations to finance the transition to greener alternatives.
But the deal is hanging in the balance, amid fraught negotiations with donor countries around how the money should be spent.
"When developed economies come to us and say 'part of the $8.5 billion is going to be spent on accelerating the exit of coal', I feel that is not in our interest," Mantashe said.
At pre-COP27 talks in Kinshasa this week, the Democratic Republic of Congo fended off demands to abandon oil and gas blocks that it has put up for auction in environmentally sensitive areas.
The DRC launched bids in July for 30 blocks in the Congo Basin, sparking fears that drilling could release carbon dioxide trapped for millennia in the peaty forest floor.
But DRC Environment Minister Eve Bazaiba, opening the talks on Monday, asked if the government should let children die rather than harvest from its fossil resources.
"As much as we need oxygen, we also need bread," she said.
M.Furrer--BTB