The United Nations Food and Agriculture Organization (FAO) released a report on Friday stating that global coffee prices hit a 13-year high in December last year, driven by reduced production in major exporting countries due to adverse weather.
Ireland has joined as the eighth donor to Brazil's Amazon Fund, contributing € 15 million, it was reported Thursday. The fund, managed by Brazil's National Bank for Economic and Social Development (BNDES), supports conservation, monitoring, and sustainable development in the Amazon and has financed 123 projects since 2009. In 2024 alone, R$ 200 million (US$ 34.4 million at the current exchange rate) was allocated, aiding efforts to reduce deforestation, which dropped over 45% compared to 2022. Environment Minister Marina Silva emphasized that Ireland's support recognizes Brazil's achievements in combating deforestation and climate change, while the fund continues to attract international partners committed to sustainability.
As Brazilian authorities prepare for the upcoming COP30 climate summit in November in Belém, constructing a new four-lane highway - Avenida Liberdade - through the protected Amazon rainforest has sparked controversy. The structure seeks to ease traffic for the expected 50,000 attendees, including world leaders. But it has led to significant deforestation, fragmenting ecosystems and disrupting wildlife movement along its 13 kilometers.
Brazil published this week a letter signed by Ambassador André Correa do Lago and Ana Toni, president and executive director of the 30th United Nations Climate Change Conference (COP30), unveiling the South American country's vision for the upcoming gathering in Belem.
Canada's new Prime Minister, Mark Carney, may be a novice in politics but not to scandals, given his past at the investment firm Brookfield Asset Management, where he was vice chair and head of transition investing, later becoming chair of the asset management arm. During his tenure, Brookfield's name was linked to deforestation and slave-like labor practices, which seem to clash with Carney’s public stance on sustainability and climate action.
The British Forces South Atlantic Islands, BFSAI continue to support the British Antarctic Survey following a reconnaissance mission over the Union Glacier, Antarctica.
Argentine authorities have updated the number of fatalities from Friday's severe storm in Bahía Blanca, with the final death toll still feared to rise as over 100 people remain missing, with more than 1,000 evacuated. Local and national officials under the Unified Emergency Command are coordinating relief efforts, which involve federal forces, security teams, and the military.
The International Monetary Fund (IMF) has praised Guyana for its pioneering climate policies and efforts to enhance its energy matrix, promote sustainable growth, and foster economic diversification. The global credit agency highlighted the South American country's Climate Policies and Sustainable Development, Energy Transition, Economic Diversification and Workforce Development, and Inclusive Growth and Investment.
The heavy rain and severe flooding hitting the Argentine city of Bahía Blanca Friday resulted in at least ten deaths, with authorities warning that more victims may be discovered as water levels recede. The storm, which dumped 400 millimeters of water in eight hours, has left parts of the city under two meters of water, forcing the evacuation of 1,321 people to 15 rescue centers.
The City of Bahía Blanca, in the Argentine Province of Buenos Aires, Argentina, 570 km south of the country's capital, was struck by a record-setting rainfall way worse than the historic 167.6 mm recorded in 1933.