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G7 vows to end fossil-fuel financing abroad by end 2022: statement

14 Sept 03:31 Key points summarised by AI

G7 nations, including Japan, commit to ending new direct public financing for international unabated fossil fuel projects by the close of 2022.
This pledge, made by G7 energy and climate ministers, aims to combat global warming by ceasing support for projects that lack pollution offsetting technologies.

Today 14:58 Key points summarised by AI

Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.