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People walk past the logo of COP29 United Nations climate change conference in Baku, Azerbaijan. Photo: Reuters Countries have agreed to an annual finance target of $US300 billion ($NZ514bn) to help poorer countries deal with impacts of climate change, with rich countries leading the payments, according to a hard-fought deal clinched at the COP29 conference in Baku. The new goal is intended to replace developed countries' previous commitment to provide $US100 billion per year in climate finance for poorer nations by 2020. That goal was met two years late, in 2022, and expires in 2025. The agreement was criticised by developing nations, who called it insufficient, but United Nations climate chief Simon Steill hailed it as an insurance policy for humanity. "It has been a difficult journey, but we've delivered a deal," Steill said after the agreement was adopted. "This deal will keep the clean energy boom growing and protect billions of lives. It will help all countries to share in the huge benefits of bold climate action: more jobs, stronger growth, cheaper and cleaner energy for all." "But like any insurance policy – it only works – if the premiums are paid in full, and on time." The COP29 climate conference in the Azerbaijan capital had been due to finish on Friday, but ran into overtime as negotiators from nearly 200 countries struggled to reach consensus on the climate funding plan for the next decade. At one point delegates from poor and small island nations walked out in frustration over what they called a lack of inclusion, worried that fossil fuel producing countries were seeking to water down aspects of the deal. The summit cut to the heart of the debate over financial responsibility of industrialised countries - whose historic use of fossil fuels have caused the bulk of greenhouse gas emissions - to compensate others for worsening damage wrought by climate change. It also laid bare divisions between wealthy governments constrained by tight domestic budgets and developing nations reeling from costs of storms, floods and droughts. Countries also agreed Saturday evening on rules for a global market to buy and sell carbon credits that proponents say could mobilise billions more dollars into new projects to help fight global warming, from reforestation to deployment of clean energy technologies. Countries are seeking financing to deliver on the Paris Agreement goal of limiting global temperature rise to 1.5 degrees Celsius (2.7F) above pre-industrial levels - beyond which catastrophic climate impacts could occur. The world is currently on track for as much as 3.1C (5.6F) of warming by the end of this century, according to the 2024 UN Emissions Gap report, with global greenhouse gas emissions and fossil fuels use continuing to rise. WHAT COUNTS AS DEVELOPED NATION? The roster of countries required to contribute - about two dozen industrialised countries, including the US, European nations and Canada - dates back to a list decided during UN climate talks in 1992. European governments have demanded others join them in paying in, including China, the world's second-biggest economy, and oil-rich Gulf states. The deal encourages developing countries to make contributions, but does not require them. The agreement also includes a broader goal of raising $US1.3 trillion in climate finance annually by 2035 - which would include funding from all public and private sources and which economists say matches the sum needed to address global warming. Securing the deal was a challenge from the start. Donald Trump's US presidential election victory this month has raised doubts among some negotiators that the world's largest economy would pay into any climate finance goal agreed in Baku. Trump, a Republican who takes office in January, has called climate change a hoax and promised to again remove the US from international climate cooperation. Western governments have seen global warming slip down the list of national priorities amid surging geopolitical tensions, including Russia’s war in Ukraine and expanding conflict in the Middle East, and rising inflation. The showdown over financing for developing countries comes in a year that scientists say is destined to be the hottest on record. Climate woes are stacking up in the wake of such extreme heat, with widespread flooding killing thousands across Africa, deadly landslides burying villages in Asia, and drought in South America shrinking rivers. Developed countries have not been spared. Torrential rain triggered floods in Valencia, Spain, last month that left more than 200 dead, and the US so far this year has registered 24 billion-dollar disasters - just four fewer than last year.jh nn gaming

NoneIn a volatile session, Wall Street closed lower on Thursday as investors navigated crucial economic indicators ahead of the Federal Reserve's anticipated meeting next week. The Nasdaq, which had surpassed the 20,000 mark on Wednesday thanks to a tech stock surge, saw a dip as market momentum cooled. The S&P 500 hit its highest in nearly a week, driven by an inflation report that reinforced expectations for a 25-basis-point rate cut at the Fed's December meeting. However, unexpected claims for U.S. unemployment benefits and rising producer prices signaled potential challenges in the labor market, prompting investor caution. Stock performances were mixed, with Nvidia declining and Microsoft on an uptrend, while Adobe's forecast fell short of Wall Street expectations, impacting the broader tech sector. Meanwhile, Warner Bros Discovery's strategic restructuring announcement buoyed investor sentiment in the media space, demonstrating the dynamic shifts in market leadership. (With inputs from agencies.)



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The Cleveland Cavaliers find themselves at home rather than spending a weekend in Las Vegas when they begin the post-NBA Cup portion of their schedule Friday night against the Washington Wizards. The Cavaliers have won 21 of their first 25 games, giving them the best record in the NBA. But two of the four losses came to the Boston Celtics and Atlanta Hawks in group play of the NBA Cup, allowing the Hawks to advance into the event's quarterfinals while the Cavaliers got an unexpected four-day break. Guard Darius Garland believes the time off -- especially following a 122-113 loss at Miami in the team's most recent outing Sunday -- could be a blessing in disguise. "We'll go back to the drawing board," he said of workouts this week. "Get ourselves back together, get our bodies back together and just get ready for Friday." Each team that didn't make the Cup quarterfinals had two games added to its schedule. The Cavaliers caught the easiest of the additions, with a home game against the 3-19 Wizards followed Monday with a trip to Brooklyn to face the 10-14 Nets. According to Power Rankings Guru, the Cavaliers have played the easiest schedule in the NBA. It will get significantly more difficult the rest of the way, rated 17th-hardest among the 30 teams. If previous results this season are an indication, starting with the Wizards should begin a smooth transition. The Cavaliers romped 135-116 at Washington in the first week of the season, and then had an even easier time in a 118-87 home laugher as part of the NBA Cup. The latter win came as part of a four-game winning streak that led into Sunday's loss at Miami. The Wizards went 0-4 in the same NBA Cup group as Cleveland. Those losses were part of an overall 16-game losing streak that ended in a shocking, 122-113 home win over the Denver Nuggets last Saturday. Washington reverted back to previous form when thumped 140-112 by the Memphis Grizzlies at home on Sunday. Like Cleveland, the Wizards have had the last four days off. To add insult to injury, the Wizards' other add-on game will be Sunday at home against the Celtics. Wizards coach Brian Keefe has experience in losing situations. He was on the Oklahoma City coaching staff when the club began the 2008-09 season 3-29. The Thunder made the playoffs the next season, the NBA Finals three years later. "It wasn't like they just rolled out of bed and were winning 50 or 60 games," Keefe recalled. "They had to go through some adversity, and I think we used that adversity as a foundation piece for what we were doing there. "(The Wizards) are working and developing a work rate and effort and habit-building that's setting us up for long-term success." Friday's game matches the NBA leaders in 3-point shooting percentage (Cleveland, 40.4 percent) against the team that has allowed the fourth-highest accuracy rate from beyond the arc (Washington, 37.4 percent). The Cavaliers outscored the Wizards 102-57 on 3-pointers in the first two meetings, with Donovan Mitchell (10-for-19), Sam Merrill (7-for-16) and Garland (6-for-10) combining for 69 of those points. This article first appeared on Field Level Media and was syndicated with permission.Will Utah State or Boise State forfeit vs. San Jose State in the Mountain West semifinals?Sedgwick shares major trends in Forecasting 2025 report

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I’ve worn then returned 100 glitzy party dresses as a serial ‘wardrober’ – I get a kick out of it & don’t spend a pennyFor the second time this year, Mayor Eric Adams appointed a Charter Revision Commission (CRC) on Thursday. This time, the panel will be tasked with tackling the city’s generational housing crisis. Adams’ first CRC was formed in the spring with a purported focus on public safety and fiscal responsibility . Opponents, including the City Council, viewed the first CRC as a power grab by the mayor to expand executive authority. But the new CRC Adams appointed on Dec. 12, chaired by Robin Hood CEO Richard R. Buery Jr., will review the New York City Charter with an eye toward addressing the city’s housing crisis — a pressing issue that’s left a historically low 1.4% rental vacancy rate, making it difficult and more expensive for working-class New Yorkers to find housing. “Our city is in the midst of a profound affordability crisis. For millions of low-income New Yorkers, housing costs are the central struggle of their lives. For millions more, especially low-income New Yorkers, our housing crisis severely limits where New Yorkers can live, what schools they can attend, how they can get to work, and whether their families can stay together,” Buery said. “Our task is to examine the charter to see how we can better meet this generational challenge.” Sharon Greenberger, president and CEO of YMCA of Greater New York, will serve as vice chair and Leila Bozorg, executive director of Housing in the Mayor’s Office, will serve as secretary. Greenberger has worked to reimagine programs and services to meet community needs, expanding teen programming and improving health services. Bozorg has extensive experience in affordable housing and land use policies, having served as a Commissioner on the New York City Planning Commission and Deputy Commissioner at the NYC Department of Housing Preservation and Development. Other members of the group are housing and affordability experts, civic and faith leaders and community members including: Reverend A.R. Bernard, president of Christian Cultural Center, Grace C. Bonilla, president and CEO of United Way of New York City, Shams DaBaron, a leader in redefining homelessness and housing solutions, Anita Laremont, a partner at Fried Frank Harris Shriver & Jacobson LLP, Dr. Lisette Nieves, president of the Fund for the City of New York, Julie Samuels, president and CEO of Tech:NYC and Diane Savino, senior advisor at City Hall. “We will do everything in our power to continue delivering affordable housing to New Yorkers,” Adams said. “Our administration’s housing goal is clear: deliver as much affordable housing to working-class New Yorkers and their families as we make our city more affordable — and we will continue to use every tool at our disposal, including a careful examination of the city’s charter, to create and preserve affordable housing in our city.” Another power grab? The announcement points toward a potential shift in how Mayor Adams addresses citywide concerns—a shift that hasn’t been widely accepted by the City Council, which is responsible for introducing and voting on legislation to improve the quality of life for New York residents. Shirley Limongi, a council spokesperson, said the council is ready to oppose any potential shut-outs the newly appointed CRC could cause for them. “Mayor Adams’ Administration once again appears ready to politicize the Charter Revision Commission process by establishing yet another commission to block the democratic rights of New Yorkers to offer charter revisions, despite the Council opening its own commission up to the mayor,” Limongi told amNewYork Metro Thursday. “It’s unfortunate that they would escalate conflict with the City Council right after we worked together to reach an agreement that helps address New Yorkers’ housing needs.” According to Limongi, the Mayor’s announcement emphasizes a need for state legislatures to pass pending laws that protect against what they call “smash-and-power grabs” by mayors, and alleged that City Hall seemed eager to work with President-elect Donald Trump to fulfill his campaign promises of mass deportation at the expense of the city’s immigrant community. “This commission seeking to hand our city over to the Trump administration to sow chaos by changing sanctuary city laws that protect our diverse immigrant communities and public safety in New York City will be something that Council Members and New Yorkers fight and oppose,” she said. “Mayor Adams may want to prioritize wealthy corporate interests that have no interest in working-class New Yorkers, but the Council will always stand up to defend all the people in our city whose voices we represent.” Mayor Adams’ first CRC gambit earlier this year proved successful not only in knocking a City Council referendum on checking mayoral appointment power off the ballot, but also at the ballot box itself. During the November 2024 general election, New Yorkers approved four of the five ballot proposals that the CRC created focused on sanitation, capital planning, public safety and fiscal responsibility. The City Council and progressive opponents of the mayor, however, opposed all five proposals because they believed it shifted too much power away from the City Council and toward the mayor. Two of the approved proposals, in fact, require the City Council to provide fiscal cost estimates for legislation and mandate greater public notice on impending votes on legislation impacting public safety agencies. The new CRC’s work is expected to be completed by the end of 2025 and will significantly impact the city’s affordable housing landscape. “I am honored to be a part of this distinguished commission focused on critical housing reforms and look forward to hearing from New Yorkers about how our charter can be improved to meet their needs,” Greenberger said. The new CRC will begin its work immediately, City Hall said, with public meetings and hearings scheduled throughout 2025.

Gary Lineker jokes about his Match Of The Day exit as he returns to showGrade: Senior School: Davenport North Notes: Bourrage, the reigning Iowa Gatorade Player of the Year, ranked second in the MAC scoring (19.8 ppg) and first in rebounds (9.3) and assists (5.6) last season. ... Has 1,042 points and 533 rebounds for her career. ... Signed with LSU earlier this month. Grade: Senior School: Davenport North Notes: Enters the season with 1,229 points and 603 rebounds. ... Missed the last eight games last season because of a knee injury. Shot 63.8% last season. ... Averaged 18.6 points, 8.4 rebounds, 4.8 assists and 4.6 steals per game as a junior. ... Signed with Iowa earlier this month. Grade: Junior School: Bettendorf Notes: McCorkle, who played at Davenport North as a freshman, ranked fifth in the MAC in scoring last season at 15.9 points per game. ... The 5-foot-8 guard also accounted for 3.1 rebounds, 2.1 assists and 3.5 steals per game. ... Has D-I college offers from Ball State and Buffalo. Year: Senior School: Pleasant Valley Notes: 5-6 guard was second in assists per game last season (5.0) behind only North’s Divine Bourrage. ... Scored 12.5 points per game and added 3.6 steals per contest. Career totals: 793 points, 263 assists, 255 steals. ... Signed with D-III Wartburg. Grade: Senior School: Central DeWitt Notes: Led the MAC in scoring (21 ppg) and ranked fourth in 4A last season. ... Also averaged 5.8 rebounds, 2.3 assists and 2.7 steals per game as a junior. ... Has 1,008 career points. ... Signed with D-II Lewis University of the Great Lakes Valley Conference. Sent weekly directly to your inbox! Sports Editor {{description}} Email notifications are only sent once a day, and only if there are new matching items.

Building Information Modeling Market Expansion: USD 5.5B in 2022 to USD 24.07B by 2031, 13.12% growth.ROYAL OAK, Mich. , Dec. 12, 2024 /PRNewswire/ -- Agree Realty Corporation ADC (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.253 per common share. The monthly dividend reflects an annualized dividend amount of $3.036 per common share, representing a 2.4% increase over the annualized dividend amount of $2.964 per common share from the fourth quarter of 2023. The dividend is payable January 15, 2025 to stockholders of record at the close of business on December 31 , 2024. Additionally, the Company's Board of Directors has authorized, and the Company has declared, a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock of $0.08854 per depositary share, which is equivalent to $1.0625 per annum. The dividend is payable January 2, 2025 to stockholders of record at the close of business on December 23 , 2024. About Agree Realty Corporation Agree Realty Corporation is a publicly traded real estate investment trust that is RE THINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of September 30, 2024 , the Company owned and operated a portfolio of 2,271 properties, located in 49 states and containing approximately 47.2 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC". For additional information on the Company and RE THINKING RETAIL , please visit www.agreerealty.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/agree-realty-declares-monthly-common-and-preferred-dividends-302330377.html SOURCE AGREE REALTY CORPORATION © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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