Carbon markets emerge as a key tool at Climate Week NYC 2024, with international cooperation, education, and policy paving the way for sustainable solutions to the climate crisis.

On Tuesday, Sept. 24, 2024, China announced that its central bank, the People’s Bank of China, will cut its seven-day interest rate from 1.7% to 1.5%. The rate cut, along with a 1 trillion yuan liquid injection, aims to boost their economy that was affected by the COVID-19 pandemic.

On Sept. 19, 2024, the Ghanaian government signed into effect a bill that hopes to promote increased gender equality in Ghana. Entitled the “Affirmative Action (Gender Equality) Bill, 2024”, the new law puts a 30% - 50% quota of women representatives in various spheres of life from governmental committees to trade union memberships, which will be in effect by 2030. 

This past Wednesday, a Japanese warship sailed through the Taiwan Strait for the first time. Government officials reported to Yomiuri Shimbun that the JS Sazanami would complete exercises within the South China Sea, a territory contended between China and Taiwan. 

On Tuesday, Sep. 24, 2024, Thailand’s landmark marriage equality bill was approved by King Maha Vajiralongkorn, making the nation the first in Southeast Asia to legalize same-sex marriage.

On Sept. 25, the IMF reached a deal with Pakistan, securing the nation the seven billion dollars needed to pay its debts and stay afloat. The news was uplifting to the country that has an external debt of  $130 billion, with $90 billion due over the next three years. The International Monetary Fund, the financial wing of the United Nations, has continuously lent out money over recent years to Pakistan as the nation struggles to pay back interest on decades-old debt. Pakistan has requested a staggering twenty-three bailouts. This request comes as the nation teetered on being unable to pay back its interest obligations, in effect defaulting.