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EU agrees data-sharing scheme for Airbnb-style rentals
EU agrees data-sharing scheme for Airbnb-style rentals
Economy
by  AFP

An EU-wide data-sharing scheme for Airbnb and similar rentals to help crack down on illegal short-term lets is a step closer after negotiators struck agreement Thursday. Airbnb welcomed the EU agreement, saying setting "clear rules" across the European Union to replace the current patchwork of national laws on the sector was "a watershed moment for Airbnb and our industry".

Rich nations 'likely' met $100 bn climate finance goal: OECD
Rich nations 'likely' met $100 bn climate finance goal: OECD
Economy
by  AFP

Wealthy nations likely met their goal of providing $100 billion in annual climate finance to poorer nations last year -- two years later than promised and only a fraction of the "extensive needs", the OECD said Thursday. Adaptation is a key priority for developing countries and wealthy governments have promised to double adaptation finance by 2025, to $40 billion a year.