Search Site

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Nairobi to host next biodiversity meeting in June to save nature

As talks in Geneva drew to a close on Tuesday evening, delegations called for the process to step up a gear. AFP
  • The meeting could take place between June 21 and 26 later this year in Nairobi, the Kenyan capital
  • Holding the meeting is subject to official approval by the Geneva meeting before it wraps up later Tuesday

Countries have proposed to hold an extra biodiversity meeting in Nairobi in June as talks in Geneva tasked with saving nature entered their final day Tuesday without an agreement.

Negotiators from across the world are meeting in Geneva to thrash out details of a sweeping plan to “live in harmony with nature” up until mid-century, with key milestones in 2030.

But after two years of pandemic delay, negotiations are trying to pack in both technical-scientific work as well as high-level policy negotiations.

Delegates have concluded they need more time to agree on a draft text set to be adopted at the United Nations COP15 meeting in Kunming, China later this year.

In a document uploaded on the conference website, dated Monday, countries suggest holding a new meeting in the Kenyan capital between June 21 and 26 to “continue negotiations” on the document and other issues.

The decision is subject to official approval by the Geneva meeting before it wraps up later Tuesday.

Conservation groups hope the COP15 can reinvigorate efforts to halt the devastation of the world’s nature, after countries failed to meet almost all of their biodiversity goals for the last decade.