-
Latecomer Japan eyes slice of rising global defence spending
-
Messi goal not enough as Miami collapse in 4-3 loss to Orlando
-
German fertiliser makers and farmers struggle with Iran war fallout
-
OPEC+ to make first post-UAE production decision
-
Massive crowds fill Rio's Copacabana beach for Shakira concert
-
Embiid, Maxey shine as 76ers eliminate Celtics in NBA playoffs
-
Fleeting freedom at festival for India's transgender community
-
Trump says cutting US troop numbers in Germany 'way down'
-
Man charged with murdering Indigenous girl in Australian outback
-
China's Wu Yize wins last-frame thriller to reach snooker world final
-
Serene Korda takes three-shot lead at LPGA Mexico
-
Golden Tempo wins Kentucky Derby in historic triumph for trainer DeVaux
-
King Charles grasped 'opportunity' on US trip, palace says
-
China's Wu wins last-frame thriller to reach snooker world final
-
Verstappen sees light at the end of tunnel
-
Young stretches PGA lead to six at Doral
-
Rio's Copacabana beach hosts massive crowd for free Shakira concert
-
Celtics' Tatum ruled out for decisive game seven against Sixers
-
Wolff heralds Antonelli speed as teen joins Senna and Schumacher in record books
-
Senior Iranian officer says fresh conflict with US 'likely'
-
Barcelona on verge of Liga title, Villarreal secure top four
-
Teen F1 leader Antonelli takes Miami Grand Prix pole
-
Porto edge Alverca to clinch Portuguese league title
-
US airlines step up as Spirit winds down
-
Barcelona on verge of La Liga title defence with win at Osasuna
-
Drugmaker asks US Supreme Court to restore abortion pill access
-
Schalke return to Bundesliga after three-year absence
-
NATO, top Republicans question US troop withdrawal from Germany
-
Napoli frustrate Como in costly Serie A stalemate
-
Illegal party at French military site draws up to 40,000 ravers
-
Arsenal hit stride to go six points clear, West Ham loss offers Spurs hope
-
Arsenal go six points clear as Gyokeres double sinks Fulham
-
Clinical Chennai down Mumbai to keep playoff hopes alive
-
Napoli and Como play out goalless draw in Serie A
-
Murphy into World Snooker Championship final after edging Higgins
-
PSG held by Lorient with fringe team ahead of Bayern Munich return leg
-
Aviation companies step up as Spirit winds down
-
Champion Norris leads Piastri home in sprint 1-2 triumph for McLaren
-
UK PM says some pro-Palestinian marches could be banned
-
The Puma out of Kentucky Derby, leaving 19 starters
-
'Bookless bookstore': audio-only book shop opens in New York
-
Kostyuk defeats Andreeva to claim first Madrid Open title
-
Leinster survive Toulon scare to reach Champions Cup final
-
Villarreal secure Champions League spot, rotated Atletico win
-
'Relieved' Inoue outlasts Nakatani in Tokyo Dome superfight
-
Israel quizzes two Gaza flotilla activists, angering Spain
-
West Ham defeat gives Spurs hope, Arsenal face Fulham test
-
Second-string Bayern held by Heidenheim before PSG clash
-
Lyon edge Arsenal to reach women's Champions League final
-
Struggling Nantes deepen Marseille's woes in Ligue 1
'Nowhere to run': Islands stress climate risk at finance summit
Small island states sinking under rising seas are encouraged by a summit starting Thursday charged with revamping the global financial system to better cope with climate change and other 21st-century challenges, their representative to the talks told AFP.
The two-day summit in Paris, hosted by France, "is very good news because it fits well with what we are trying to do", Samoa's Fatumanava Pa'olelei Luteru, chair of the Alliance of Small Island States (AOSIS), told AFP in an interview.
Sea levels sure to rise well into the 22nd century and cyclones made more deadly by global warming have put AOSIS' 39 low-lying island and coastal states on the front lines of climate impacts and UN talks.
Lacking political clout, they used moral persuasion in pushing the world to adopt the 2015 Paris Agreement's aspirational target of capping global warming at 1.5 degrees Celsius, since adopted as a near universal goal.
Today, these and other developing countries that have barely contributed to the problem -- but whose economies are shrinking as a result -- want access to international financial support to be based not just on economic criteria, but also on vulnerability.
"If a cyclone comes, it doesn't differentiate, it doesn't know if you're low-income, middle-income country or even a high-income country," said Luteru.
"It will set back your development years," he added. "That's especially true for atoll countries, they've got nowhere to run."
Concretely, AOSIS is calling for use of a multidimensional vulnerability index (MVI), and not just economic growth, within the workings of global finance.
"It's a tool," Luteru said. "We're not saying it should or will replace gross national income (GNI)," another standard measure of a country's ability to produce and earn. "It's a complement."
- All possibilities -
One of the measures on the table at the summit will be an international tax on carbon emissions from the shipping sector. A consensus in Paris could shape the outcome of a critical meeting in two weeks of the International Maritime Organisation (IMO).
"We should look at all the possibilities," Luteru said.
"For our small island developing states, shipping is critical in terms of both exports and imports as well, so we will need to look at that very carefully."
Beyond the financial issues, AOSIS's central goal has been the rapid reduction of greenhouse gas emissions, which remain at or near record levels.
Luteru points a finger both at advanced and major emerging economies -- the world's biggest carbon polluters: China, the United States, Saudi Arabia, the European Union, Brazil, and others.
"That's where we can make a huge difference," he said. "Eighty percent of global emissions come from G20 nations."
According to the UN's climate science advisory panel (IPCC), sea levels rose by between 15 and 25cm (six to 10 inches) from 1900 to 2018, and are set to rise by a further 43cm by 2100 in a world that warms by 2C.
The next major international climate conference, COP28, will take place in Dubai in December.
The incoming COP president Sultan Al Jaber, has come under fire because he is also head of United Arab Emirates national oil company ADNOC, with many green groups and some western legislators saying his role as a fossil fuel executive is a conflict of interest.
But the bloc of island states -- some of which support a fossil fuel non-proliferation treaty -- see this as an opportunity.
"Sometimes it's not about engaging only with those who share your perspective," said Luteru.
A.Ruiz--AT