- Emotional Nagelsmann lauds returned belief despite Germany's Euros exit
- Jamaica's De Cordova-Reid joins Leicester from Fulham
- Wolves' Kilman reunites with Lopetegui at West Ham
- Schmidt reign off to winning start as Australia beat Wales 25-16
- Russian wrestlers reject Olympics invitation
- Raducanu rediscovers Wimbledon 'fun' factor after turbulent spell
- Winning all that matters at Euro 2024 for Mbappe's minimalist France
- Eight dead, two million affected by Bangladesh floods
- Robertson pleased to 'find a way' past England in tough Test baptism
- Martin sets lap record to secure German MotoGP pole
- 'Shattered' Germany set sights on World Cup after Euros exit
- Olympic hope Pedersen pulls out of Tour de France
- Djokovic eyes sweet 16 at Wimbledon as Swiatek takes on 'gangster'
- End beckons again for Ronaldo after Portugal Euros KO
- New Zealand edge England 16-15 in tense, brutal first Test
- Turkey take on Dutch in politically charged Euros quarter-final, England face Swiss
- Calling for better ties with West, Iran reformist wins presidency
- Cybercrime groups restructuring after major takedowns: experts
- Activists hail Sierra Leone child marriage ban, urge action on FGM
- Marsch relishing Canada's semi clash with Argentina
- Canada stun Venezuela on penalties to reach Copa semis
- Iran reformist Pezeshkian holds early lead in runoff vote
- Swiatek faces 'gangster' threat, Djokovic feels need for Wimbledon speed
- France holds its breath ahead of uncertain vote
- Starmer begins UK 'rebuild' after landslide election win
- Paris's Moulin Rouge inaugurates new windmill sails ahead of Olympics
- Pan, Rai share halfway lead in PGA John Deere Classic
- 'I was feeling terrible' in debate, Biden says in TV interview
- France coach Deschamps savours ending penalty hoodoo, defends Mbappe
- Thompson bids farewell to Warriors after exit
- Portugal exit Euros with pride, will return stronger: Martinez
- UK's new PM Starmer speaks to world leaders, names top team
- Spain and France to face off in Euros last four, Turkey lament 'unfair' Demiral ban
- Israel says negotiators to hold fresh Gaza truce talks next week
- France beat Portugal on penalties to reach Euro 2024 semi-finals
- Endrick to start for Brazil in Uruguay Copa clash: Dorival
- Heartbreak for Germany fans after dramatic Euros exit
- Beryl heads for Texas after causing damage, no deaths in Mexico
- Nagelsmann laments late penalty decision as hosts Germany exit Euros
- Biden declares he's all in ahead of high-risk TV interview
- Spain team 'is a winning horse', says De la Fuente
- Bows at the ready, Chad villagers battle kidnappings
- Alcaraz mimics Bellingham goal celebration after Wimbledon win
- Olmo hopes Pedri can make speedy return for Euros semi-finalists Spain
- Retiring Kroos hopeful despite Germany's 'bitter' Euros exit
- Southgate turns on English 'entitlement' over claims of easy Euros draw
- Merino extra-time goal sends Spain past Germany to Euro semis
- Koeman demands Dutch silence fervent Turkish fans at Euros
- Brad Pitt at Silverstone for filming of F1 movie
- Raducanu storms into Wimbledon last 16
Sounding warning, Kerry urges new ways on climate finance
Veteran envoy John Kerry called Friday for the United States to find major new climate finance methods, warning of "huge disappointment" if historic promises to transition from fossil fuels go unheeded.
Kerry, who is stepping down as the US climate envoy, described an agreement in December in Dubai at the last UN summit as historic for its call on the planet to move away from fossil fuels in large part responsible for the planet's rising temperatures.
But he warned that the COP28 agreement must not be "reduced to mere words on a piece of paper."
"If we don't do what we've said we're going to do in these next months, that's exactly what could happen, encouraging cynicism and dropout-ism and huge disappointment around the world," Kerry said at the Council on Foreign Relations.
Kerry, an 80-year-old former secretary of state, senator and presidential contender, has said he will focus outside of government on mobilizing private funding to complement government efforts on climate.
Kerry said that the United States should consider a system of financial guarantees for investors, which would cover risks if projects fail.
"It's time for creativity. We've come up with new financial instruments when we needed them before, and my judgment is we need them now," he said.
He pointed to his work as envoy with Indonesia and Vietnam on so-called Just Energy Transition Partnerships, or JETPs -- financing deals between a small group of wealthy countries and an emerging economy to reduce reliance on fossil fuels or take other climate action.
Calling such deals "very bespoke," Kerry said, "We don't have time to do that."
"We need to help deploy larger sums with greater confidence that the deal is bankable and we de-risked it sufficiently," he said.
A recent study by the Climate Policy Initiative pointed to assessments that credit guarantees could mobilize between six and 25 times as much financing as traditional loans, with developing countries in particular looking to reduce uncertainties.
P.Mira--PC