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The National Confederation of Industry (CNI) has structured the participation of the international private sector in the climate conference, in a format that is expected to continue at future COPs. The Pre-COP Seminar held on Wednesday (15) in Brasília was part of the strategy.

Riyadh Air CEO Tony Douglas announces the launch of the new Saudi airline. The inaugural route, with the first flight scheduled for October 26, will be between Riyadh and London, UK. The second route will connect Riyadh and Dubai, United Arab Emirates. ©Fayez Nureldine/AFP

Alongside cuts in foreign aid, climate shocks will impact the country’s economy this year, says the International Monetary Fund, following a meeting to discuss a new financial disbursement.