Australia gives A$6m boost to illegal logging fight
Sydney
AUSTRALIA on Tuesday pledged A$6 million (S$6.7 million) to the fight against illegal logging as top officials and conservationists met in Sydney for the Asia-Pacific Rainforest Summit.
The two-day forum, being held ahead of the once-a-decade World Parks Congress that begins on Wednesday, was set up by the Australian government as part of an election pledge to help countries reduce rainforest loss and cut global greenhouse gas emissions.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Shell maintains pace of buybacks as profit beats estimates
Gold prices drift higher as Fed stands pat on key interest rate
Oil falls to 7-week low on surprise US storage build, Middle East hopes
US, Philippines eye agreement to cut China nickel dominance
Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire
Glencore now sees FY trading division profit between US$3 billion-US$3.5 billion