INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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.