Source: Al Arabiya
Security & Justice
Captured Hezbollah Operative May Have Been Israeli Double Agent, Report Suggests
The alleged senior Hezbollah operative abducted by Israeli special forces last week in Batroun may have been operating as a double agent, according to a report by The Telegraph.
Monday, November 4, 2024
Lebanon’s Probe into Israeli Raid Expected to Take Days as Security Officials Weigh Theories
Lebanese authorities are ramping up investigations into an Israeli commando raid last week in the northern coastal city of Batroun, during which Imad Amhaz, a Hezbollah official, was snatched.
Monday, November 4, 2024
Opinion
The Emptying of Baalbek Is a Moment to Take Stock
“Large numbers of people continue to flee their homes every day, as Israel’s military operations in Lebanon have been going on unabated.” These disturbing words could be from almost any news report about Israel’s invasion of its northern neighbour over the past month. However, they can be found in a report by the Norwegian Refugee Council’s Internal Displacement Monitoring Centre issued on July 27, 2006.
Saturday, November 2, 2024
A Future Without Hezbollah
At the end of September, when Israel’s campaign to destroy Hezbollah was reaching its height, I met one of the group’s supporters in a seaside café in western Beirut. He was a middle-aged man with a thin white beard and the spent look of someone who had not slept for days. He was an academic of sorts, not a fighter, but his ties to Hezbollah were deep and long-standing.
Thursday, October 31, 2024
Sports
Tottenham Forward Son Heung-min Crowned Asia’s International Player of the Year
Tottenham forward Son Heung-min was crowned as Asia’s International Player of the Year for the fourth time by the Asian Football Confederation at its annual awards ceremony Tuesday.
Wednesday, October 30, 2024
Real Madrid Launch Investigation into Racist Insults After El Clasico Defeat
Real Madrid has launched an investigation into racist insults directed at players during Saturday’s 4-0 home loss to Barcelona in LaLiga, it said on Sunday.
Monday, October 28, 2024
Saturday 2 December 2023 10:32:57
IMF Chief Says $5 Trillion Needed in Climate Finance
The chief of the world’s International Monetary Fund (IMF) said the world needs “to put our money where our mouth is” and find the $5 trillion needed for climate finance as she addressed the third day of COP28 talks in Dubai.
The wider topic of climate finance is a key issue under discussion at the UN conference, focusing on how countries will pay for mitigation – efforts to cut greenhouse gas emissions, and adaptation – adjusting to climate change.
Kristalina Georgieva, IMF Chief Executive Officer, delivered the keynote address at the Business and Philanthropy Forum on Saturday, saying: “We need to go from $900 million - where we are now to - $5 trillion to make decarbonization a reality and the question is, is $5 trillion, a lot of money?”
“Well, it’s obviously not a little but put $5 trillion next to $7.1 trillion direct and indirect subsidies, or next to the size of the world economy, which is over 100 trillion. I think we should be brave and say yes, it can be done.”
She said fossil fuel direct subsidies have reached a record $1.3 trillion this last year because of support measures that were caused by the cost-of-living crisis.
She said that getting to the $5 trillion mark “will be a lot faster” if the private sector was more incentivized to contribute, helping move toward blending financing.
Georgieva also praised the UAE’s President Sheikh Mohamed bin Zayed, who on Friday pledged a $30 billion fund for climate financing under the country’s newly launched catalytic climate vehicle, ALTÉRRA, that will drive international efforts to create a fairer climate finance system, emphasizing improving access to funding for the Global South.
