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Turkey and Australia have put forward a voluntary plan for electricity to supply 35 percent of worldwide final energy demand by 2035. The proposal will be presented at the COP31 climate summit that Turkey is hosting.
pakistantoday.com.pkTurkey and Australia are proposing a voluntary target for electricity to meet 35 percent of global final energy demand by 2035 as a flagship COP31 initiative. The plan focuses on electrifying transport, buildings, and industry while supporting developing countries with financing and technical assistance.
Turkey is investing heavily in electricity infrastructure and regional power interconnections to support growing renewable and nuclear generation. Turkey, the host of the UN’s COP31 climate summit, has urged other countries to electrify to support the global green transition.
Kurum, Turkey’s environment minister, who will preside over the COP31 summit alongside Australian representatives, is encouraging countries to meet at least a third of their energy needs with electricity over the next decade to reduce greenhouse gas emissions. Kurum stressed that electrifying all sectors of the economy would support a low-carbon future.
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en.globes.co.ilLebanon and Israel signed a U.S.-brokered framework agreement on June 26 that outlines steps for Israeli forces to leave southern Lebanon in stages. The deal gives the Lebanese army control of pilot zones where it must disarm Hezbollah before reconstruction begins.
The equal-weighted S&P 500 outperformed its capitalization-weighted counterpart this week by the largest margin in six years. The move coincided with investor rotation away from leading technology stocks.
ndtv.comSouth Korea deployed fighter jets after nearly 10 Chinese and Russian military aircraft entered its air defense identification zone on June 27 before departing after a brief stay. The planes flew over the East Sea and South Sea but remained outside sovereign airspace. South Korea…