Latest news with #U.N.OceanConference
Yahoo
5 days ago
- Business
- Yahoo
Factbox-Finance deals announced during UN Ocean Conference
LONDON (Reuters) -The third U.N. Ocean Conference in France last week yielded a number of financial deals and money pledges to help protect the seas, although the gap between funding and the estimated annual need of $175 billion remains large. Below are a selection of the initiatives announced during the week: EIB, ADB A group of development banks including the European Investment Bank and Asian Development Bank said they planned to invest 3 billion euros ($3.5 billion) by the end of the decade to help prevent plastic pollution reaching the sea. CAF The Development Bank of Latin America and the Caribbean (CAF) said it will invest $2.5 billion between 2025 and 2030 in investments aimed at protecting the oceans and supporting sustainable marine economic activities. GUINEA French development bank AFD and the World Bank helped mobilise 119 million euros in Guinea to improve the living conditions of coastal and rural communities in the face of climate change. NORTH AFRICA The AFD provided an additional 2 million euros to extend work on preserving Mediterranean coastal ecosystems in North Africa until 2029. COSTA RICA A total of 1.8 million euros were allocated to help strengthen Marine Protected Areas in the Mediterranean and Costa Rica. SWEN CAPITAL PARTNERS Investment firm Swen Capital Partners said it had raised 160 million euros for its SWEN Blue Ocean 2 fund and said it was targeting 300 million euros for the world's largest ocean impact fund focused on start-ups looking to support ocean biodiversity. ($1 = 0.8638 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Los Angeles Times
6 days ago
- Politics
- Los Angeles Times
Macron visits Greenland to show European support for Danish territory coveted by Trump
NUUK, Greenland — French President Emmanuel Macron landed Sunday in Greenland, an autonomous Danish territory coveted by President Trump, carrying a 'message of solidarity and friendship' from France and the European Union. Macron reiterated his criticism of Trump's intention to take control of the strategic Arctic island. 'I don't think that's something to be done between allies,' he said as he was greeted at the Nuuk airport by Danish Prime Minister Mette Frederiksen and Greenlandic Prime Minister Jens-Frederik Nielsen. 'It's important to show that Denmark and Europe are committed to this territory, which has very high strategic stakes and whose territorial integrity must be respected,' Macron said. He was making a stop on his way a summit of the Group of 7 leading industrialized nations in Canada that Trump will also attend. Macron, who is visiting Greenland for the first time, said that 'it means a lot to me ... to convey a message of friendship and solidarity from France and the European Union to help this territory face the different challenges: economic development, education, as well as the consequences of climate change.' In a speech last week at the U.N. Ocean Conference, Macron also mentioned Greenland and the deep seas, saying they are not 'up for grabs' in remarks that appeared directed largely at Trump. Macron in recent months has sought to reinvigorate France's role as the diplomatic and economic heavyweight of the 27-nation European Union. The French president has positioned himself as a leader in Europe amid Trump's threats to pull support from Ukraine as it fights against Russia's invasion. Macron hosted a summit in Paris with other European heads of state to discuss Kyiv, as well as security issues on the continent. Sunday's visit will also be the occasion to discuss how to further enhance relations between the EU and Greenland when it comes to economic development, low-carbon energy transition and critical minerals. The leaders will also have exchanges on efforts to curb global warming, according to Macron's office. Later Sunday, Macron, Frederiksen and Nielsen held a meeting on a Danish helicopter carrier, showing France's concerns over security issues in the region. Last week, U.S. Defense Secretary Pete Hegseth appeared to acknowledge that the Pentagon has developed plans to take over Greenland and the Panama Canal by force if necessary but refused to answer repeated questions during a hotly combative congressional hearing Thursday about his use of Signal chats to discuss highly sensitive military operations. Hegseth's comments were the latest controversial remarks made by a member of the Trump administration about Greenland, the world's largest island. Trump has said he won't rule out military force to take over Greenland, which he considers vital to American security in the high north. The Wall Street Journal last month reported that several high-ranking officials under the U.S. director of national intelligence, Tulsi Gabbard, had directed intelligence agency heads to learn more about Greenland's independence movement and sentiment about U.S. resource extraction there. Nielsen in April said that U.S. statements about the island have been disrespectful and that Greenland 'will never, ever be a piece of property that can be bought by just anyone.' Associated Press writers Ha and Corbet reported from Nuuk and Paris, respectively. AP writer Stefanie Dazio in Berlin contributed to this report.
Hamilton Spectator
6 days ago
- Politics
- Hamilton Spectator
Macron visits Greenland to show European support for the strategic Arctic island coveted by Trump
NUUK, Greenland (AP) — French President Emmanuel Macron landed Sunday in Greenland, the strategic Arctic island coveted by U.S. President Donald Trump, carrying a 'message of solidarity and friendship' from France and the European Union. Macron reiterated his criticism of Trump's intention to take control of the territory . 'I don't think that's something to be done between allies,' he said as he was greeted at the Nuuk airport by Danish Prime Minister Mette Frederiksen and Greenlandic Prime Minister Jens-Frederik Nielsen . 'It's important to show that Denmark and Europe are committed to this territory, which has very high strategic stakes and whose territorial integrity must be respected,' Macron said. He was making a stop on his way a summit of the Group of Seven leading industrialized nations in Canada that will be also attended by Trump. Macron, who is visiting Greenland for the first time, said 'it means a lot to me ... to convey a message of friendship and solidarity from France and the European Union to help this territory face the different challenges: economic development, education, as well as the consequences of climate change.' In a speech last week at at the U.N. Ocean Conference, Macron also mentioned Greenland and the deep seas, saying they are not 'up for grabs' in remarks that appeared directed largely at Trump. Macron's role in Europe Macron in recent months has sought to reinvigorate France's role as the diplomatic and economic heavyweight of the 27-nation European Union. The French president has positioned himself as a leader in Europe amid Trump's threats to pull support from Ukraine as it fights against Russia's invasion. Macron hosted a summit in Paris with other European heads of state to discuss Kyiv, as well as security issues on the continent. Sunday's visit will also be the occasion to discuss how to further enhance relations between the EU and Greenland when it comes to economic development, low-carbon energy transition and critical minerals. The leaders will also have exchanges on efforts to curb global warming, according to Macron's office. Later Sunday, Macron, Frederiksen and Nielsen held a meeting on a Danish helicopter carrier, showing France's concerns over security issues in the region. Trump and Greenland Last week, U.S. Defense Secretary Pete Hegseth appeared to acknowledge that the Pentagon has developed plans to take over Greenland and Panama by force if necessary but refused to answer repeated questions during a hotly combative congressional hearing Thursday about his use of Signal chats to discuss military operations . Hegseth's comments were the latest controversial remarks made by a member of the Trump administration about the Arctic island. The president himself has said he won't rule out military force to take over Greenland, which he considers vital to American security in the high north. The Wall Street Journal last month reported that several high-ranking officials under the U.S. director of national intelligence, Tulsi Gabbard, had directed intelligence agency heads to learn more about Greenland's independence movement and sentiment about U.S. resource extraction there. Nielsen in April said that U.S. statements about the island have been disrespectful and that Greenland 'will never, ever be a piece of property that can be bought by just anyone.' ___ Corbet reported from Paris. Associated Press writer Stefanie Dazio in Berlin contributed to this report. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Hamilton Spectator
7 days ago
- Politics
- Hamilton Spectator
Macron to visit Greenland to show European support for the strategic Arctic island coveted by Trump
NUUK, Greenland (AP) — French President Emmanuel Macron's first trip to Greenland, the strategic Arctic island coveted by U.S. President Donald Trump, is aimed at shoring up Europe's political backing for Denmark and its semiautonomous territory. Macron's visit on Sunday comes just ahead a meeting of the Group of Seven leading industrialized nations next week in Canada that will be attended by both Macron and Trump. The French president's office said the trip to Greenland is a reminder that Paris supports principles of sovereignty, territorial integrity and the inviolability of borders as enshrined in the U.N. charter. Macron is also to meet with Danish Prime Minister Mette Frederiksen and Greenlandic Prime Minister Jens-Frederik Nielsen . Macron mentioned Greenland last week in his opening speech at the U.N. Ocean Conference, saying it isn't 'up for grabs' in remarks that appeared directed largely at Trump. 'The deep seas are not for sale, nor is Greenland up for grabs, nor are the Arctic or the high seas for sale, nor are fishing licenses in developing countries up for grabs, nor are scientific data and the security of coastal populations to be sacrificed,″ Macron said at the summit in Nice, France. Macron's role in Europe Macron in recent months has sought to reinvigorate France's role as the diplomatic and economic heavyweight of the 27-nation European Union. The French president has positioned himself as a leader in Europe amid Trump's threats to pull support from Ukraine as it fights against Russia's invasion. Macron hosted a summit in Paris with other European heads of state to discuss Kyiv, as well as security issues on the continent. Sunday's visit will also be the occasion to discuss how to further enhance relations between the EU and Greenland when it comes to economic development, low-carbon energy transition and critical minerals. The leaders will also have exchanges on efforts to curb global warming, according to Macron's office. A meeting between Macron, Frederiksen and Nielsen will take place on a Danish helicopter carrier, showing France's concerns over security issues in the region, Macron's office said. Trump and Greenland Last week, U.S. Defense Secretary Pete Hegseth appeared to acknowledge that the Pentagon has developed plans to take over Greenland and Panama by force if necessary but refused to answer repeated questions during a hotly combative congressional hearing Thursday about his use of Signal chats to discuss military operations . Hegseth's comments were the latest controversial remarks made by a member of the Trump administration about the Arctic island. The president himself has said he won't rule out military force to take over Greenland, which he considers vital to American security in the high north. The Wall Street Journal last month reported that several high-ranking officials under the U.S. director of national intelligence, Tulsi Gabbard, had directed intelligence agency heads to learn more about Greenland's independence movement and sentiment about U.S. resource extraction there. Nielsen in April said that U.S. statements about the island have been disrespectful and that Greenland 'will never, ever be a piece of property that can be bought by just anyone.' ___ Corbet reported from Paris. Associated Press writer Stefanie Dazio in Berlin contributed to this report. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
The Hill
7 days ago
- Politics
- The Hill
Macron to visit Greenland to show European support for the strategic Arctic island coveted by Trump
NUUK, Greenland (AP) — French President Emmanuel Macron's first trip to Greenland, the strategic Arctic island coveted by U.S. President Donald Trump, is aimed at shoring up Europe's political backing for Denmark and its semiautonomous territory. Macron's visit on Sunday comes just ahead a meeting of the Group of Seven leading industrialized nations next week in Canada that will be attended by both Macron and Trump. The French president's office said the trip to Greenland is a reminder that Paris supports principles of sovereignty, territorial integrity and the inviolability of borders as enshrined in the U.N. charter. Macron is also to meet with Danish Prime Minister Mette Frederiksen and Greenlandic Prime Minister Jens-Frederik Nielsen. Macron mentioned Greenland last week in his opening speech at the U.N. Ocean Conference, saying it isn't 'up for grabs' in remarks that appeared directed largely at Trump. 'The deep seas are not for sale, nor is Greenland up for grabs, nor are the Arctic or the high seas for sale, nor are fishing licenses in developing countries up for grabs, nor are scientific data and the security of coastal populations to be sacrificed,″ Macron said at the summit in Nice, France. Macron in recent months has sought to reinvigorate France's role as the diplomatic and economic heavyweight of the 27-nation European Union. The French president has positioned himself as a leader in Europe amid Trump's threats to pull support from Ukraine as it fights against Russia's invasion. Macron hosted a summit in Paris with other European heads of state to discuss Kyiv, as well as security issues on the continent. Sunday's visit will also be the occasion to discuss how to further enhance relations between the EU and Greenland when it comes to economic development, low-carbon energy transition and critical minerals. The leaders will also have exchanges on efforts to curb global warming, according to Macron's office. A meeting between Macron, Frederiksen and Nielsen will take place on a Danish helicopter carrier, showing France's concerns over security issues in the region, Macron's office said. Last week, U.S. Defense Secretary Pete Hegseth appeared to acknowledge that the Pentagon has developed plans to take over Greenland and Panama by force if necessary but refused to answer repeated questions during a hotly combative congressional hearing Thursday about his use of Signal chats to discuss military operations. Hegseth's comments were the latest controversial remarks made by a member of the Trump administration about the Arctic island. The president himself has said he won't rule out military force to take over Greenland, which he considers vital to American security in the high north. The Wall Street Journal last month reported that several high-ranking officials under the U.S. director of national intelligence, Tulsi Gabbard, had directed intelligence agency heads to learn more about Greenland's independence movement and sentiment about U.S. resource extraction there. Nielsen in April said that U.S. statements about the island have been disrespectful and that Greenland 'will never, ever be a piece of property that can be bought by just anyone.' ___ Corbet reported from Paris. Associated Press writer Stefanie Dazio in Berlin contributed to this report.
