Heart of Hong Kong is Transformed into Winter Wonderland with Eight Iconic Buildings used as Canvas for New Immersive Lights Show

HONG KONG, Nov. 07, 2025 (GLOBE NEWSWIRE) — Hong Kong is preparing to transform its bustling Central into a magical winter wonderland as the city rolls out a thrilling programme of seasonal events to enhance its reputation as the premier Christmas capital of Asia. A sleigh–full of special celebrations is being organised across the city, with the showpiece event – the spectacular annual Hong Kong WinterFest – spreading festive delight through the heart of Hong Kong from 14 November 2025 to 4 January 2026.

Transforming Central into a Winter Wonderland (14 November 2025 – 4 January 2026) 

“Winter Wonderland in Central” will bring the joy of Christmas to Hong Kong with a breathtaking lineup of events. For the first time, iconic landmarks in Central will be turned into a vast illuminated canvas for an “Immersive Light Show in Central”, while a 20–metre–high outdoor Christmas tree will tower above a bustling Christmas Town. Nearby, Chater Road will be lit up as a Starlight Boulevard to extend the joyful atmosphere by connecting seamlessly with the largest festive installation ever in LANDMARK ATRIUM, “Noëlia at LANDMARK,”– an annual installation that much of Hong Kong eagerly awaits, extending the joyful atmosphere across the district. Together, these events will generate a dazzling visual symphony and make the night sky of Central sparkle like a string of brilliant Christmas tree lights.

HKTB Chairman Dr Peter Lam said, “This year’s Hong Kong WinterFest is being presented in a new format and features the most extensive lineup and richest event elements to date. We aim to create a strong festive atmosphere citywide and reinforce Hong Kong’s position as Asia’s top winter travel destination. We are delighted to collaborate with Hongkong Land to turn Central into a Winter Wonderland. Together with the new “Immersive Light Show in Central”, Central will become a brand new festive hotspot. This initiative not only enhances the holiday experience for locals and visitors but also stimulates the seasonal economy. We are grateful for the widespread support from industry partners, including the Quality Tourism Services Association, Hong Kong Retail Management Association, and a wide range of attractions and malls who are joining hands to offer festive dining, shopping deals, and activities.” 

Statue Square Garden in Central is Turned into a Christmas Town with Return of Much–Loved Christmas Tree (14 November 2025– 4 January 2026)

From 14 November, Statue Square Garden in Central will be turned into a joyous Christmas Town where visitors of all ages can experience the childlike wonder of winter as if stepping into the pages of a fairy tale. The town will be packed with classic and colourful toy–themed decorations such as spaceships, puppets, and miniature trains. As Christmas approaches, visitors will be treated to live carol performances and surprise appearances by Santa Claus to deliver an extra helping of holiday cheer. A Christmas market featuring 12 festive chalets will open on 28 November, serving up a mouthwatering array of seasonal delicacies and offering gifts and workshops for locals and visitors to enjoy. It will be the perfect place to get in the mood for an unforgettable holiday season.

The glittering showpiece at the heart of Christmas Town will be a 20–metre–tall outdoor Christmas tree – the height of a six–storey building. Wrapped in shimmering ribbons like an enormous Christmas gift, the magnificent tree will light up the entire town with its warm glow. Extending the joyous spirit of the Christmas Town, Chater Road will undergo a magical transformation into a Starlight Boulevard. Over 30 trees along Chater Road will be adorned with shimmering lights, creating a festive atmosphere in the outside spaceThe pedestrian footbridges will be aglow, and a Christmas tree light installation will be suspended above the entrance to Chater House, creating a striking visual centrepiece for the display. Every evening at 5pm, these lights will transform Chater road into an outdoor Christmas experience not to be missed.  

As visitors continue their journey beneath the golden canopy of light, they will reach “Noëlia at LANDMARK” within the LANDMARK ATRIUM. This enchanting 30 meter wide installation featuring a 11 meter high lighthouse not only offers numerous photo–worthy moments for friends and family but also proudly features Hong Kong's largest interactive 12×12 meter Wishing Lake.

Eight Iconic Buildings in Central are Linked for First Time to Present a Dreamlike “Immersive Lights Show in Central”  (28 November 2025– 4 January 2026)

Another highlight of this year’s Hong Kong WinterFest is the debut of the “Immersive Lights Show in Central”. From 28 November, eight iconic buildings* surrounding Christmas Town will, for the first time, be used as an immense canvas for a stunning multimedia light–and–music extravaganza. Using 3D projection mapping, lighting effects, and holiday melodies, a succession of reindeer, angels, snowmen, and gift boxes will be projected onto historic landmark and modern skyscrapers. The lifelike visuals will appear to leap playfully between the trees in Christmas Town, dancing to seasonal favourites. The captivating sensory experience will reflect the dynamism and energy of Hong Kong’s nighttime cityscape.

*The eight iconic buildings are: the Bank of China Building, the Bank of China Tower, the Court of Final Appeal building, Hong Kong City Hall High Block, the Hong Kong Club Building, the HSBC Main Building, Prince’s Building and the Standard Chartered Bank building

Exclusive Citywide Winter Festive Offers

To complete a perfect winter holiday for visitors, the Hong Kong Tourism Board (HKTB) will join hands with industry partners to launch a WinterFest Delights campaign in December. The promotion will feature more than 300 exclusive offers for dining, shopping, attractions, and transport. A one–stop online platform will be available for visitors to easily explore all available offers and make the most of Hong Kong’s holiday calendar.

Hong Kong is thrilled to welcome visitors from around the world for a Christmas and New Year to remember. Across the city, shopping malls, hotels, theme parks, and attractions will glisten with festive decorations and host a huge range of celebrations that will live on in the memory of every visitor. The New Year’s Eve countdown fireworks display will serve as one of the major highlights of the ‘Hong Kong WinterFest,’ making a spectacular finale. Start planning your trip now – and get ready to immerse yourself in the sheer magic of Asia’s most exciting winter destination.

For more details about Hong Kong WinterFest, please visit the HKTB’s one–stop travel information platform Discover Hong Kong: http://www.discoverhongkong.com/winterfest

Media can download photos at the following link:
https://assetlibrary.hktb.com/assetbank–hktb/action/browseItems?categoryId=2263&categoryTypeId=2&cachedCriteria=1

For media enquiries, please contact:

Ms Alice Chen Ms Janus Lai
Tel: 2807 6364 Tel: 2807 6428
Email: [email protected]

Email: [email protected]

Appendix

“Winter Wonderland in Central”
 
1) Christmas Town
Content Featuring a 20–metre–tall outdoor Christmas tree—equivalent to six storeys high—the Christmas Town will be adorned with delightful toy–themed decorations, including spaceships, puppets, and miniature trains, along with a festive Christmas Market.
Opening Dates

14 November 2025 – 4 January 2026

Christmas Market (Chalet & Workshop)
28 November 2025– 4 January 2026
 
Opening Hours

14 November 2025
• 8:00 PM – 11:30 PM

15 November – 21 December 2025
• Mon–Fri: 4:00 PM – 11:30 PM
• Sat & Sun: 11:00 AM – 11:30 PM

22 December 2025 – 4 January 2026 #
• Daily: 11:00 AM – 11:30 PM

# Special Hours: Dec 24 & 25, 2025: Extended until 1:00 AM
Please note: crowd control measures may affect entry on the night.

Christmas Market (Chalet & Workshop)
• Thurs – Fri: 4:00 PM – 8:00 PM
• Sat, Sun & PH: 12:00 Noon – 10:00 PM
# Special Hours: Dec 24 & 25: 11:00 AM – Extended until 1:00 AM

Location

Statue Square Garden (North & South), Central

Christmas Market (Chalet & Workshop)
Statue Square Garden (South), Central


Remarks:
*Crowd control measures may be implemented during peak periods. Please follow instructions from on–site staff and the police.

2) Starlight Boulevard
Content Festive lighting installations at Chater Road, Central, and the Landmark Atrium
Event Dates End of November 2025 – January 2026
Location LANDMARK Atrium and Chater Road area

3) Immersive Light Show in Central
Event Dates 28 November 2025 – 4 January 2026
Show Time 7:30 PM – 10:30 PM daily

Remarks:
Performances are held every 30 minutes on a recurring basis.

Viewing Area Statue Square Garden (South), Central
Participating Buildings • Bank of China Building
• Bank of China Tower
• Court of Final Appeal Building
• Hong Kong City Hall High Block
• Hong Kong Club Building
• HSBC Main Building
• Prince’s Building
• Standard Chartered Bank Building

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/2760613a–619c–43e0–870d–4672b8684e58

https://www.globenewswire.com/NewsRoom/AttachmentNg/56b5262a–2e11–41b7–8c4f–9713fa44450b

https://www.globenewswire.com/NewsRoom/AttachmentNg/5fde2cdf–4e36–4f98–a918–dad9dbdf4f41


GLOBENEWSWIRE (Distribution ID 9571480)

NeOnc Technologies (Nasdaq: NTHI) to Host Investor Conference Call to Present Data Updates from Ongoing NEO100-1 Phase 1/2a Clinical Trial and Compassionate Use Program

CALABASAS, Calif., Nov. 07, 2025 (GLOBE NEWSWIRE) — NeOnc Technologies Holdings, Inc. (NTHI) (“NeOnc” or the “Company”), a clinical–stage biopharmaceutical company developing novel brain–penetrant therapeutics for patients with malignant brain tumors and central nervous system (CNS) disorders, today announced that it will host an investor conference call and webcast on Wednesday, November 12, 2025, at 6:00 a.m. Pacific Time / 9:00 a.m. Eastern Time (prior to market open).

During the call, members of the NTHI management team and independent members of the company’s Scientific Advisory Board (SAB) will present data updates from the Company’s ongoing Phase 1/2a NEO100–1 clinical trial and compassionate use program, evaluating intranasal delivery of NEO100 (high–purity perillyl alcohol) in patients with recurrent high grade malignant glioma.

The discussion will highlight MRI–based radiographic response data, progression–free survival (PFS), and overall survival (OS) trends observed to date, providing important insights into long–term clinical outcomes for patients treated with NEO100.

Featured Participants:

  • Dr. Henry S. Friedman, MD – Deputy Director, Preston Robert Tisch Brain Tumor Center, Duke University; Independent Member, NTHI Scientific Advisory Board
  • Dr. Alexander Miller, MD – Chief Neuro–oncology, Brain Tumor Program, NYU Langone Health; Independent Member, NTHI Scientific Advisory Board
  • NTHI Management Team:
    • Amir Heshmatpour – Chief Executive Officer, Executive Chairman and President
    • Dr. Thomas C. Chen, MD, PhD – Chief Medical Officer and Chief Scientific Officer
    • Dr. Josh Neman, PhD – Chief Clinical Officer
    • Keith Garnett – Chief Financial Officer

Conference Call Details:

  • Date: Wednesday, November 12, 2025
  • Time: 6:00 a.m. PT / 9:00 a.m. ET
  • Webcast: A live webcast can be accessed by visiting https://investors.neonc.com

ABOUT NEONC TECHNOLOGIES HOLDINGS, INC.
NeOnc Technologies Holdings, Inc. is a clinical–stage life sciences company focused on the development and commercialization of central nervous system therapeutics that are designed to address the persistent challenges in overcoming the blood–brain barrier. The company’s NEO™ drug development platform has produced a portfolio of novel drug candidates and delivery methods with patent protections extending to 2038. These proprietary chemotherapy agents have demonstrated positive effects in laboratory tests on various types of cancers and in clinical trials treating malignant gliomas. NeOnc’s NEO100™ and NEO212™ therapeutics are in Phase II human clinical trials and are advancing under FDA Fast–Track and Investigational New Drug (IND) status. The company has exclusively licensed an extensive worldwide patent portfolio from the University of Southern California consisting of issued patents and pending applications related to NEO100, NEO212, and other products from the NeOnc patent family for multiple uses, including oncological and neurological conditions.

For more about NeOnc and its pioneering technology, visit neonc.com.

Important Cautions Regarding Forward–Looking Statements
This press release contains “forward–looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward–looking statements can be identified by terminology such as “may,” “will,” “should,” “intend,” “expect,” “plan,” “budget,” “forecast,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “evaluating,” or similar words. Statements that contain these words should be read carefully, as they discuss our future expectations, projections of future results of operations or financial condition, or other forward–looking information.

Examples of forward–looking statements include, among others, statements regarding whether a definitive agreement will be reached with Quazar. These statements reflect our current expectations based on information available at this time, but future events may differ materially from those anticipated.

The “Risk Factors” section of our most recent Annual Report on Form 10–K filed with the Securities and Exchange Commission, along with other cautionary language in that report or in our subsequent filings, outlines important risks and uncertainties. These may cause our actual results to differ materially from the forward–looking statements herein, including but not limited to the failure to finalize the agreement with Quazar, modifications to its terms, or alternative uses of proceeds.

We assume no obligation to revise or update any forward–looking statements, whether as a result of new information, future developments, or otherwise, except as required by applicable securities laws and regulations.

“NEO100” and NEO “212” are registered trademarks of NeOnc Technologies Holdings, Inc.

Company Contact:
[email protected]

Investor Contact:
James Carbonara
Hayden IR
(646)–755–7412
[email protected]


GLOBENEWSWIRE (Distribution ID 9571142)

AIM Congress China Chapter 2025 Opens in Shanghai, Strengthening UAE–China Partnership and Expanding Global Investment Horizons

SHANGHAI, Nov. 07, 2025 (GLOBE NEWSWIRE) — AIM Congress, the world’s leading platform for investment and economic cooperation, officially inaugurated its first–ever international chapter in Shanghai, marking a historic milestone in AIM’s global expansion and its mission to promote innovation, sustainable growth, and cross–border collaboration. Held at the Jing An Shangri–La Hotel from November 7–8, 2025, and organized by AIM Global Foundation, the event convened under the theme “Deciphering the Intertwined Engines of Globalization: ‘From Going Out’ to ‘Going Up’.”

The Opening Ceremony gathered senior government officials, policy leaders, and business figures from across the UAE, China, and the international investment community. Distinguished attendees included H.E. Hussain Ibrahim Al Hammadi, UAE Ambassador to the People’s Republic of China; Pu Yapeng, Vice Chairman of the Shanghai Municipal Commission of Economy and Informatization; Rae Kwon Chung, Ambassador of Climate Change and Nobel Prize Laureate; and H.E. Dawood Al Shezawi, Chairman of AIM Global Foundation.

Delivering the Government Official Remarks, H.E. Hussain Ibrahim Al Hammadi, Ambassador of the United Arab Emirates to the People’s Republic of China, emphasized the depth of the strategic partnership and the growing economic ties between the UAE and China, highlighting the UAE’s role as a key regional gateway and trusted global partner.

His Excellency stated:

“Today, the UAE has become China’s most important non–oil trading partner in the Middle East. It also serves as a pivotal hub linking China to regional and global markets in Asia, Africa, and Europe, thanks to its strategic location, advanced infrastructure, flexible economic policies, and investment–friendly environment that together support sustainable investment and free trade.”

A defining highlight of the ceremony was the signing of three landmark Memoranda of Understanding (MoUs) between the Beijing Chamber of International Commerce (BCIC) and AIM Global Foundation; the China Council for the Promotion of International Trade Nanjing Sub–council (CCPIT Nanjing) and AIM Global Foundation; DaoDe Investment (DDI) and AIM Global Foundation; and Shenzhen Chamber of Commerce and AIM Global Foundation. The agreements lay the foundation for enhanced cooperation in innovation, sustainability, and trade development.

Over two days, AIM Congress China Chapter 2025 is set to bring together 85 international speakers across 15 high–level sessions and more than 1,000 participants from 45 nationalities. The forum explores themes ranging from artificial intelligence and climate–conscious finance to digital economy advancement and inclusive urban development — showcasing AIM’s mission to link policy, technology, and investment for shared progress.

Reflecting on the significance of the occasion, H.E. Dawood Al Shezawi, Chairman of AIM Global Foundation, said:

“We are not just here to discuss investment; we are here to forge the future of the global economy. The AIM Global Foundation was created to connect investment with purpose — to ensure that prosperity becomes not just measurable, but meaningful. The opportunities are in this room, and the partnerships start today.”

During the ceremony, AIM Global Foundation also announced the upcoming Tycoons — a global private networking event to be held on April 12, 2025, in Dubai, United Arab Emirates. The gathering will unite 500 prominent leaders, including 250 UAE–based executives and 250 international participants representing sovereign wealth funds, Fortune Global 500 corporations, family offices, institutional investors, and unicorn founders. Designed as a high–level forum for strategic dialogue, Tycoons will facilitate collaboration and knowledge exchange across key industries and markets.

The forum also spotlighted the forthcoming AIM Congress 2026, scheduled for April 13–15, 2026, at the Dubai World Trade Centre, under the theme “Reshaping Global Prosperity: Unlocking New Investment Pathways Towards a Sustainable and Inclusive Future.” The 2026 edition will convene over 25,000 participants from 180 countries, including 1400 speakers and 1,385+ delegates, reaffirming AIM’s position as the world’s leading investment platform for governments, business leaders, and entrepreneurs. Built around three key pillars — Global Markets, Future Economies, and NexGen — AIM 2026 will explore how innovation, inclusivity, and sustainability can together drive global prosperity.

The AIM Congress China Chapter 2025 represents a defining moment in international investment cooperation and a symbol of the deepening partnership between the UAE and China. By bringing together decision–makers, innovators, and policymakers from around the world, AIM continues to strengthen its role as a bridge between markets — advancing sustainable development, economic resilience, and inclusive growth.

For inquiries, please contact: [email protected]

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/8457944f–8a5f–45a6–af1d–67b81b5d5987

https://www.globenewswire.com/NewsRoom/AttachmentNg/c58fd54d–1d59–427e–9256–215a1fda1124

https://www.globenewswire.com/NewsRoom/AttachmentNg/fde0a877–3864–44ff–9be9–324b7c4f2178


GLOBENEWSWIRE (Distribution ID 1001137600)

افتتاح فصل الكونغرس السنوي للاستثمار (AIM) – الصين 2025 في شنغهاي، تعزيز الشراكة الإماراتية – الصينية وتوسيع آفاق الاستثمار العالمي

شنغهاي, Nov. 07, 2025 (GLOBE NEWSWIRE) —

 افتتح الكونغرس السنوي للاستثمار (AIM Congress)، المنصة العالمية الرائدة للتعاون الاقتصادي والاستثماري، أول فصوله الدولية في شنغهاي، في حدث يمثل علامة فارقة في مسيرة توسع الكونغرس عالميًا، وتجسيدًا لرسالته في تعزيز الابتكار والنمو المستدام والتعاون العابر للحدود.
انعقد الحدث في فندق جينغ آن شانغريلا خلال الفترة من 7 إلى 8 نوفمبر 2025، بتنظيم من مؤسسة AIM العالمية، تحت شعار:
«فك شيفرة محركات العولمة المتشابكة: من الخروج إلى الصعود».

شهد حفل الافتتاح حضور كبار المسؤولين الحكوميين وصنّاع القرار وقادة الأعمال من دولة الإمارات والصين والمجتمع الاستثماري الدولي. ومن بين الحضور البارزين:
معالي حسين إبراهيم الحمادي، سفير دولة الإمارات العربية المتحدة لدى جمهورية الصين الشعبية؛ وبو يابينغ، نائب رئيس لجنة بلدية شنغهاي للاقتصاد والمعلوماتية؛ وراي كون تشونغ، سفير التغير المناخي والحائز على جائزة نوبل؛ ومعالي داوود الشيزاوي، رئيس مؤسسة AIM العالمية.

وخلال كلمته الرسمية، أكد معالي حسين إبراهيم الحمادي، سفير دولة الإمارات لدى جمهورية الصين الشعبية، عمق الشراكة الاستراتيجية والنمو المتسارع في العلاقات الاقتصادية بين البلدين، مشيرًا إلى دور الإمارات كمركز إقليمي رئيسي وشريك عالمي موثوق.

وقال معاليه:

“لقد أصبحت دولة الإمارات اليوم أهم شريك تجاري غير نفطي للصين في منطقة الشرق الأوسط. كما تمثل مركزًا محوريًا يربط الصين بالأسواق الإقليمية والعالمية في آسيا وأفريقيا وأوروبا، بفضل موقعها الاستراتيجي وبنيتها التحتية المتطورة وسياساتها الاقتصادية المرنة وبيئتها الاستثمارية الجاذبة التي تدعم الاستثمار المستدام والتجارة الحرة.”

ومن أبرز محطات الحفل توقيع ثلاث مذكرات تفاهم تاريخية بين كل من:
غرفة التجارة الدولية في بكين (BCIC) ومؤسسة AIM العالمية؛
مجلس الصين لتعزيز التجارة الدولية – فرع نانجينغ (CCPIT Nanjing) ومؤسسة AIM العالمية؛
شركة داودي للاستثمار (DDI) ومؤسسة AIM العالمية؛
وغرفة تجارة شينزن ومؤسسة AIM العالمية.
وتهدف هذه الاتفاقيات إلى تعزيز التعاون في مجالات الابتكار والاستدامة وتطوير التجارة.

على مدار يومين، يجمع الكونغرس السنوي للاستثمار – فصل الصين 2025 أكثر من 85 متحدثًا دوليًا عبر 15 جلسة رفيعة المستوى وبمشاركة أكثر من 1000 شخص من 45 جنسية.
ويتناول المنتدى موضوعات متنوعة تشمل الذكاء الاصطناعي، والتمويل الواعي بالمناخ، وتطوير الاقتصاد الرقمي، والتنمية الحضرية الشاملة، مما يعكس رسالة الكونغرس في ربط السياسات بالتكنولوجيا والاستثمار من أجل التقدم المشترك.

وفي كلمته بهذه المناسبة، قال معالي داوود الشيزاوي، رئيس مؤسسة AIM العالمية:

“نحن لا نجتمع هنا لمجرد مناقشة الاستثمار، بل لصياغة مستقبل الاقتصاد العالمي. تأسست مؤسسة AIM العالمية لربط الاستثمار بالغاية، لضمان أن تكون الازدهار قابلًا للقياس وذا معنى في آن واحد. الفرص موجودة هنا في هذه القاعة، والشراكات تبدأ اليوم.”

وخلال الحفل، أعلنت مؤسسة AIM العالمية عن الحدث القادم Tycoons – وهو تجمع خاص عالمي للتواصل بين قادة المال والأعمال، والمقرر عقده في 12 أبريل 2025 في دبي، الإمارات العربية المتحدة.
سيجمع الحدث 500 قائد بارز، من بينهم 250 من كبار التنفيذيين في دولة الإمارات و250 من المشاركين الدوليين يمثلون صناديق الثروة السيادية، وشركات «فورتشن غلوبال 500»، ومكاتب العائلات الثرية، والمستثمرين المؤسسيين، ومؤسسي الشركات العملاقة.
ويهدف “Tycoons” إلى أن يكون منصة حوار استراتيجي رفيعة المستوى لتبادل الخبرات وتعزيز التعاون بين الصناعات والأسواق العالمية.

كما سلط المنتدى الضوء على النسخة القادمة من الكونغرس السنوي للاستثمار 2026، والمقرر عقدها من 13 إلى 15 أبريل 2026 في مركز دبي التجاري العالمي، تحت شعار:
«إعادة تشكيل الازدهار العالمي: فتح مسارات استثمار جديدة نحو مستقبل مستدام وشامل».
من المتوقع أن يستقطب الحدث أكثر من 25,000 مشارك من 180 دولة، بينهم 1400 متحدث و1385+ مندوبًا، مما يؤكد مكانة AIM كأبرز منصة استثمارية عالمية تجمع الحكومات وقادة الأعمال ورواد الشركات.
ويرتكز الكونغرس على ثلاثة محاور رئيسية: الأسواق العالمية، الاقتصادات المستقبلية، والجيل القادم (NexGen)، لبحث سبل توظيف الابتكار والشمولية والاستدامة في دفع عجلة الازدهار العالمي.

يمثل فصل الكونغرس السنوي للاستثمار – الصين 2025 محطة تاريخية في مسار التعاون الاستثماري الدولي، ورمزًا لتعميق الشراكة بين الإمارات والصين.
ومن خلال جمع صنّاع القرار والمبتكرين وواضعي السياسات من مختلف أنحاء العالم، يواصل AIM ترسيخ دوره كجسر يربط بين الأسواق، مسهمًا في تعزيز التنمية المستدامة والمرونة الاقتصادية والنمو الشامل.

للاستفسارات، يرجى التواصل عبر البريد الإلكتروني:[email protected] 

الصور المصاحبة لهذا الإعلان متاحة على

http://www.globenewswire.com/NewsRoom/AttachmentNg/8457944f–8a5f–45a6–af1d–67b81b5d5987

http://www.globenewswire.com/NewsRoom/AttachmentNg/c58fd54d–1d59–427e–9256–215a1fda1124

http://www.globenewswire.com/NewsRoom/AttachmentNg/fde0a877–3864–44ff–9be9–324b7c4f2178


GLOBENEWSWIRE (Distribution ID 1001137600)

Brazil’s Biofuels Push Undermines Environmental Integrity at COP30

Global warming is linked to increasingly dry conditions and devastating wildfires across the UNECE region covering Europe, North America, the Caucasus and Central Asia. Credit: Unsplash/Caleb Cook / Source: UN News

By Cian Delaney
BRUSSELS, Belgium, Nov 7 2025 – President Prabowo Subianto welcomed his counterpart Luiz Inacio Lula da Silva of Brazil to Jakarta recently to strengthen ties between the fast-growing economies.

The timing is significant. The meeting was just weeks before Brazil hosts the COP30 climate change talks in Belém, a bustling port city at the mouth of the Amazon River.

Like Brazil, Indonesia is home to expansive rainforests that attract intense international scrutiny because of their rich biodiversity and globally-important role as carbon sinks. And like Brazil, Indonesia has implemented new policies designed to boost biofuel use.

The leaders, who agreed to expand cooperation as two of the world’s largest biofuel producers, contend that the energy sources are needed to reduce reliance on imports and cut emissions.

But Indonesia has been down this road before.

Cian Delaney

In the mid-2000s, booming international demand for highly versatile palm oil—a key ingredient for biofuels—led the country to clear millions of hectares of rainforest and peatland to make way for vast plantations.

The gold rush for the oil displaced indigenous communities, smallholder farmers, and destroyed vital ecosystems that critically endangered species like orangutans, Sumatran tigers, and the Javan rhinoceros depend on to survive.

In Borneo alone, far from reducing carbon pollution, slash and burn agriculture caused the largest single-year global emissions increase seen in 2,000 years, according to NASA.

Falling demand and the introduction of conservation measures helped slow deforestation over the subsequent decade, however, the Subianto-Lula meeting reflects a troubling resurgence of biofuels as a global commodity.

Brazil will ask the international community at COP30 to sign a pledge calling for a quadrupling of so-called “sustainable fuels”—biofuels chief among them—over the next decade.

The proposed pledge rests heavily on a new International Energy Agency (IEA) report that shows a fourfold increase can be achieved through innovative fuel developments and a doubling of biofuel use. In the fine print, however, the IEA notes that no additional land should be needed to meet the goal.

Brazil’s COP30 pledge makes no such distinction—raising concerns that growing demand will incentivize deforestation and heighten competition for land that is already scarce.

In August, Brazil lifted a soy moratorium that environmentalists credit for the significant conservation gains made over the past two decades to make way for more cultivation.

There is also the question of food.

Globally, about 90 percent of biofuel production relies on food staples. In 2023, the biofuel industry used around 200 million tonnes of corn, 8 million tonnes of wheat, 40 million tonnes of vegetable oil and enough sugarcane and sugarbeet to make 50 million tonnes of sugar.

By one estimation the energy stored in these crops could satisfy the minimum caloric requirements for 1.3 billion people, while it takes nearly 3,000 litres of water to produce enough biofuel to drive a car only 100 kilometers.

Biofuels also have serious implications for the atmosphere. Litre for litre it is estimated that, when the full impact of land use change caused by biofuel production is accounted for, they emit an average of 16% more carbon than the fossil fuels they replace.

But transitioning away from biofuels cannot ignore social and economic realities on the ground. Indonesia’s new policies, for example, stem from the country’s palm oil surplus and a need to maintain rural employment.

In response, Indonesian NGOs have increasingly been advocating for a holistic solution that would put caps on expansion, improve traceability, and invest in community-based governance, including a decentralized energy system.

At the beginning of the year, Indonesia formally joined the BRICS, an influential bloc of developing nations that make up almost half of the global population and conduct nearly a quarter of all trade.

The countries also account for 51 percent of emissions. In recent years, the bloc has made statements that suggest climate change is its top foreign policy priority and last July committed to increasing peer-to-peer climate finance.

If Indonesia and its new partners are serious about building a new kind of economy that works for the Global South without undermining progress made toward cutting emissions, they will need to match their lofty rhetoric with tangible action. Starting an honest conversation about biofuels in Belém would be a good place to start.

Cian Delaney is Campaign Coordinator, Transport & Environment

IPS UN Bureau

 


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US Skips High-Level Presence at COP30 Climate Summit

Credit: United Nations

By Thalif Deen
UNITED NATIONS, Nov 7 2025 – “Has the world given up fighting climate change?” was a rhetorical question posed recently by the New York Times, perhaps with a degree of sarcasm.

It might look that way, says Christiana Figueres, a founding partner of the nongovernmental organization Global Optimism, “as US president Donald Trump blusters about fossil fuel, Bill Gates prioritizes children’s health over climate protection, and oil and gas companies plan decades of higher production.”

But that’s far from the whole picture, said Figueres, pointing out that the overwhelming majority of the world’s people — 80 to 89%, as Covering Climate Now partner newsrooms have been reporting — want stronger climate action.

Clean energy technologies are attracting twice as much investment as fossil fuels, and solar power and regenerative agriculture are surging across the Global South, she said.

Meanwhile, the United States will not send any high-level officials to the COP30, according to the White House.

John Noel, campaigner with Greenpeace International, told IPS the current administration is ceding leadership and leverage over the clean energy future to other countries.

“It is tragic, but not surprising. But for those of us heading to Belem from the United States, we are on solid ground with public opinion in broad support of the Paris Agreement and are more committed than ever.”

There are avenues, he pointed out, for climate ambition at the subnational level, such as ‘polluter pay’ mechanisms and state incentives for clean energy during the federal lapse in support.

“Global leaders at COP30 must move forward to adopt ambitious climate targets, end global deforestation by 2030, and advance a just energy transition and climate action must continue on” Noel declared.

Addressing the plenary of leaders at the Belem Climate Summit, UN Secretary-General Antonio Guterres said November 6 “the hard truth is that we have failed to ensure we remain below 1.5 degrees.”

“Science now tells us that a temporary overshoot beyond the 1.5 limit – starting at the latest in the early 2030s – is inevitable. We need a paradigm shift to limit this overshoot’s magnitude and duration and quickly drive it down”.

Even a temporary overshoot will have dramatic consequences. It could push ecosystems past irreversible tipping points, expose billions to unlivable conditions, and amplify threats to peace and security.

Every fraction of a degree means more hunger, displacement, and loss – especially for those least responsible. This is moral failure – and deadly negligence, he warned.

The United Nations, however, will not give up on the 1.5 degrees goal, he declared.

While clean energy technology is rapidly progressing, political will is seen as weakening, and current efforts are insufficient to prevent significant warming. For example, despite a pledge to cut methane emissions, a new U.N. report indicates the goal will likely not be met.

Anuradha Mittal, Executive Director, The Oakland Institute, told IPS people must be very concerned that governments, especially Western countries that bear most of the responsibility for the climate crisis, are far from fulfilling their commitments in terms of decreased reduction of GHG, and far from assisting countries with adequate levels of financial assistance for mitigation and adaptation.

“It should be as concerning that the same governments, and prominent financial institutions like the World Bank, are promoting false climate solutions such as carbon markets, which have been proven to be totally ineffective at reducing emissions” she said.

Moreover, it must be clear for everyone that the new mining rush “we are witnessing for so-called critical minerals has nothing to do with the energy transition but rather with the global competition over minerals for various industries such as military, communication technologies, as well as electric vehicles”.

The massive amount of minerals such as lithium and cobalt will be impossible to supply without creating another environmental and human crisis. It is time for governments to make responsible choices towards a real energy transition and stop expanding sectors such as the military that divert public resources and contribute greatly to emissions, she pointed out.

It is widely documented that simply replacing existing gas-powered cars with electric vehicles is impossible. If today’s demand for EVs is projected to 2050, the lithium requirements of the US EV market alone would require triple the amount of lithium currently produced for the entire world.

“We need aggressive policies to reduce the number and size of personal vehicles and deploy effective public infrastructures and other low-carbon means of transportation” declared Mittal.

Speaking a press conference in Qatar November 4, Guterres said governments must arrive at the upcoming COP30 meeting in Brazil with concrete plans to slash their own emissions over the next decade while also delivering climate justice to those on the frontlines of a crisis they did little to cause.

“Just look at Jamaica” he said, referring to the catastrophic devastation caused last week by Hurricane Melissa.

The clean energy revolution means it is possible to cut emissions while growing economies. But developing countries still lack the finance and technologies needed to support these transitions.

In Brazil, countries must agree on a credible plan to mobilize $1.3 trillion annually in climate finance by 2035 for developing countries, he said.

“Developed countries must honour their commitment to double finance for adaptation to at least $40 billion this year. And the Loss and Damage Fund needs to be capitalized with significant contributions.”

COP30 in Belém must be the turning point – where the world delivers a bold and credible response plan to close the ambition and implementation gaps, he said.

“To mobilize the 1.3 US trillion dollars a year by 2035 in climate finance for developing countries; And to advance climate justice for all. The path to 1.5 degrees is narrow – but open.
Let us accelerate to keep that path alive for people, for the planet, and for our common future,” declared Guterres.

Meanwhile New research by Oxfam and CARE Climate Justice Centre, finds developing countries are now paying more back to wealthy nations for climate finance loans than they receive- for every 5 dollars they receive they are paying 7 dollars back. 65% of funding is delivered in the form of loans.

This form of crisis profiteering by rich countries is worsening debt burdens and hindering climate action. Compounding this failure, deep cuts to foreign aid threaten to slash climate finance further, betraying the world’s poorest communities who are facing the brunt of escalating climate disasters, says the joint report.

Some key findings of the report:

    • Rich countries claim to have mobilized $116 billion in climate finance 2022, but the true value is only around $28-35 billion, less than a third of the pledged amount.
    • Nearly two thirds of climate finance was made as loans, often at standard rates of interest without concessions. As a result, climate finance is adding more each year to developing countries’ debt, which now stands at $3.3 trillion. Countries like France, Japan, and Italy are among the worst culprits.
    • Least Developed Countries got only 19.5% and Small Island Developing States 2.9% of total public climate finance over 2021-2022 and half of that was in the form of loans they have to repay. 
    • Developed nations are profiting from these loans, with repayments outstripping disbursements. In 2022, developing countries received $62 billion in climate loans. We estimate these loans to lead to repayments of up to $88 billion, resulting in a 42% “profit” for creditors.
    • Only 3% of finance specifically aimed at enhancing gender equality, despite the climate crisis disproportionately impacting women and girls.

“Rich countries are treating the climate crisis as a business opportunity, not a moral obligation,” said Oxfam’s Climate Policy Lead, Nafkote Dabi. “They are lending money to the very people they have historically harmed, trapping vulnerable nations in a cycle of debt. This is a form of crisis profiteering.”

This failure is occurring as rich countries are conducting the most vicious foreign aid cuts since the 1960s. Data by the OECD data shows a 9% drop in 2024, with 2025 projections signalling a further 9–17% cut.

As the impacts of fossil fuelled climate disasters intensify —displacing millions of people in the Horn of Africa, battering 13 million more in the Philippines, and flooding 600,000 people in Brazil in 2024 alone – communities in low-income countries are left with fewer resources to adapt to the rapidly changing climate, according to the study.

IPS UN Bureau Report

 


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Mayor Mamdani for New York, for Multicultural Dignity

Zohran Mamdani at the Resist Fascism Rally held in New York, October 2024. Credit: Bingjiefu He | Wikimedia Commons

Zohran Mamdani at the Resist Fascism Rally held in New York, October 2024. Credit: Bingjiefu He | Wikimedia Commons

By Naureen Hossain
NEW YORK, Nov 7 2025 – The New York City mayoral elections captured the world’s attention with an excitement normally reserved for the United States presidential elections. It all culminated on Tuesday night with Zohran Mamdani’s decisive victory, signaling that hope was emerging after a period of anxiety and uncertainty for the United States. Zohran Mamdani will represent and govern New York City, one of the world’s wealthiest and most high-profile cities.

Since Wednesday morning, my social media has been full of posts from friends and family that don’t live in New York or even in the U.S. celebrating Mamdani’s win as if he had won the mayoral race in their city. Thanks in large part to his successful outreach on social media, Mamdani’s brand and the principles of authenticity that serve as its foundation resonated with people beyond New York’s borders.

Mamdani’s campaign and victory were like a fairytale unfolding in real time. Beginning as a little-known state assemblyman even within his own state, he became a global household name in one year.

Through grassroots efforts and new tactics eschewed by the establishment, his campaign gained traction with a growing coalition defined by its demographic diversity. He was the underdog challenging the current administration with his principles and convictions and even facing resistance from the old guard in his own political party.

In a way, his win reaffirms the myth of the American Dream, where anyone has the freedom and opportunity to pursue a better life. He has done this while presenting a conviction in his beliefs rooted in unity and empathy. He has achieved several historic firsts for the city: the first Muslim mayor, the first South Asian mayor, and the youngest mayor in more than a century.

While his policies for affordable living are integral to his appeal, Mamdani’s background as a Muslim man of Indian-Ugandan origin has resonated with immigrants who made sacrifices to move away from their home in pursuit of a better life. The ideal of the American Dream posits that America is the land where prosperity is still something to be gained, not just inherited. A land that promotes economic prosperity and the protection of civil liberties.

Those sacrifices must otherwise feel in vain; they must also struggle to pay for basic necessities given the high cost of living in New York City. That is perhaps where people connected with Mamdani and his message of hope; people could see that he genuinely recognized their struggles and would have witnessed them himself.

Even in the face of vitriolic rhetoric that targeted his experience, or comparative lack thereof, in relation to his faith, Mamdani did not back down or diminish his identity. Where immigrants may learn to assimilate, Mamdani showed why it is more important than ever to embrace authenticity and all facets of one’s identity.

Now that he will be the next mayor, Mamdani will have the task ahead of him of delivering on his promises to make the city more affordable. But he will also have to prove that his convictions were not just for the campaign. This world capital, the host of the United Nations, could not have asked for a more internationalist mayor.

He is a domestic politician with an international outlook. One can see even within his own family. He is married to a Syrian-American immigrant. Both his parents are cultural and academic figures in their own right.

His father, Ugandan academic Mahmood Mamdani, has taught political science and post-colonialism subjects across universities in Uganda, South Africa, Senegal, and even here at Columbia University.

His mother, Mira Nair, is an Indian filmmaker who has directed popular movies like Monsoon Wedding and Mississippi Masala but has also worked on projects like Still, the Children Are Here, a documentary about the Garo indigenous communities in northeastern India. She produced this film in collaboration with the UN International Fund for Agricultural Development (IFAD).

While this reveals the level of privilege that Mamdani descends from, this may also shed light on his awareness of social justice issues. This may also reveal how he defined his campaign with the promise of change and authenticity as an embodiment of New York’s demographic and cultural DNA.

Recent times have been marked by division and uncertainty, which make pre-existing problems much harder to deal with. Even an institution like the UN, which purports to include all communities to set the common agenda for development and prosperity, has been forced to make difficult compromises.

It is struggling within the constraints of limited funding and political will without follow-through due in part to the conflicting interests between member states and other stakeholders. The UN is defined by a principled impartiality. It platforms a diverse range of issues of global interest and advocates for peaceful, inclusive dialogue. Yet it is also restrained from taking firmer principled positions due to member states’ individual interests.

In that respect, the UN and New York have something in common. They are shaped by the member states/communities that make them, and they work as those groups see fit, even if at times it seems that a small percentage holds the greatest influence and determines the fate of the majority.

Perhaps the UN could stand to benefit and learn from a mayor like Mamdani, who has demonstrated that a global outlook on domestic affairs can be conducive. He may remind us that channeling hope and expecting—not just pursuing—the dignity of life can make a difference.

IPS UN Bureau Report

 


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