G-7 takes on pandemic, climate and China's role
The G-7 summit wrapped up with vows to end the pandemic, fight climate change and incorporate U.S. President Biden's pledge to “build back better."
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After 80 years, Atlantic Charter 2.0 is agreed
The U.S. and the U.K. signed a "revitalized" version of the 1941 Atlantic Charter to focus on 21st century risks such as cyber attacks and rising temperatures.
Experts urge policy nexus to nature, climate crises
The planet's massive losses of species and rising temperatures are driven by human activities that must be tackled together, two organizations reported.
Europe leads on ESG as global rules sought
The rise of ESG investing creates an "urgent demand for global standards," says an organization working on them as the next U.N. climate summit nears.
Open Skies lapse weakens U.S.-Russia ties
Russia withdrew from a treaty meant to lower the risk of conflict between Western nations and post-Soviet Russia, soon after the U.S. abandoned it.
G-7 backs 15% minimum global tax rate
Finance ministers from the Group of Seven agreed to set a global minimum corporate tax of at least 15% to deter multinationals from using tax havens.
New compact boosts marine protected areas
Five nations announced a new alliance to promote more conservation of marine ecosystems in the fight against climate change.
WHO chief urges treaty and 'lot of work'
Tedros Adhanom Ghebreyesus closed out the World Health Assembly with a warning against complacency and an appeal for a global pandemic treaty.
Landmark climate ruling in Dutch court
Climate activists used the 2015 Paris Agreement to win a Dutch court ruling ordering Royal Dutch Shell to cut carbon emissions nearly in half this decade.
IEA sees narrow path to 2050 net zero
Paris-based IEA advised that limiting global temperature rise to 1.5 degrees Celsius requires an immediate and massive transformation of all energy systems.
WEF calls off Singapore summit over pandemic
The World Economic Forum cancelled a summer version of its annual meeting in Singapore and pushed its annual Davos meeting to "the first half of 2022."
U.S. blocking call for Israel-Hamas cease-fire
The U.S. prevented the U.N. Security Council from issuing a statement calling for an immediate cease-fire between Israel and Gaza’s militant Hamas rulers.
Facebook-backed digital currency reboots
Facebook's global digital currency project is abandoning Switzerland as its hoped-for regulatory home and planning to launch a U.S.-based payment system.
Methane cuts urged as cheaper climate path
A new U.N. report recommended methane emissions cuts as the most efficient way of preventing another 0.3 degrees Celsius of global warming.
U.S. and WTO chief push IP vaccine waiver
The United States and WTO chief backed waivers to vaccine patent protections aimed at speeding efforts to end the coronavirus pandemic.
E-commerce rises to 19% of all retail purchases
Global online sales among seven major economies jumped to almost one-fifth of all retail sales last year during the pandemic, UNCTAD reported.