Jordan Slashes EV Taxes Amid Global Climate Finance Debates at COP29 Summit
Jordan cuts EV taxes by 50% to promote green transport amid global climate efforts, as COP29 conference sets ambitious funding targets for climate action.
In a bid to promote sustainable transportation, the Jordanian government has slashed taxes on electric vehicles by 50% until the end of 2024. This move is part of Jordan's broader efforts to ease financial burdens and encourage eco-friendly travel, reflecting a global trend towards greener initiatives.
Speaking of green initiatives, the COP29 climate conference in Baku, Azerbaijan, has set an ambitious target for developed countries to contribute $300 billion annually by 2035, supporting climate action in developing nations. This new goal follows the rejection of a prior $250 billion target, highlighting the ongoing debate over financial responsibilities between industrialized and developing countries.
Meanwhile, tensions continue on the global front as EU foreign policy chief Josep Borrell urges EU member states to execute ICC arrest warrants for Israeli Prime Minister Benjamin Netanyahu and others, amid accusations of crimes against humanity. This development underscores the complex international legal and political challenges facing the EU.
In Afghanistan, the grim reality of ongoing threats to religious minorities was highlighted by a deadly attack claimed by IS-K on a Sufi shrine in Baghlan province, leaving 10 dead. Such attacks emphasize the urgent need for greater protection and justice for vulnerable communities despite Taliban claims of progress against IS-K.
Back at the COP29 summit, India's strong opposition to a climate finance agreement, which it called an "optical illusion," reveals contentious perspectives on the sufficiency of the global response to climate change. Despite India's objections, the agreement was officially adopted, showcasing the complex dynamics at play in global negotiations.
In light of this, UN Secretary-General Antonio Guterres stressed the urgency for more ambitious climate action following the $300 billion climate finance deal, urging nations to build upon this foundation. While progress was acknowledged, Guterres, along with UN climate chief Simon Stiell, reminded the international community that significant work remains and there's no time for complacency.
Speaking of green initiatives, the COP29 climate conference in Baku, Azerbaijan, has set an ambitious target for developed countries to contribute $300 billion annually by 2035, supporting climate action in developing nations. This new goal follows the rejection of a prior $250 billion target, highlighting the ongoing debate over financial responsibilities between industrialized and developing countries.
Meanwhile, tensions continue on the global front as EU foreign policy chief Josep Borrell urges EU member states to execute ICC arrest warrants for Israeli Prime Minister Benjamin Netanyahu and others, amid accusations of crimes against humanity. This development underscores the complex international legal and political challenges facing the EU.
In Afghanistan, the grim reality of ongoing threats to religious minorities was highlighted by a deadly attack claimed by IS-K on a Sufi shrine in Baghlan province, leaving 10 dead. Such attacks emphasize the urgent need for greater protection and justice for vulnerable communities despite Taliban claims of progress against IS-K.
Back at the COP29 summit, India's strong opposition to a climate finance agreement, which it called an "optical illusion," reveals contentious perspectives on the sufficiency of the global response to climate change. Despite India's objections, the agreement was officially adopted, showcasing the complex dynamics at play in global negotiations.
In light of this, UN Secretary-General Antonio Guterres stressed the urgency for more ambitious climate action following the $300 billion climate finance deal, urging nations to build upon this foundation. While progress was acknowledged, Guterres, along with UN climate chief Simon Stiell, reminded the international community that significant work remains and there's no time for complacency.
