UN Weather Body: Ozone Layer on Road to Recovery Despite Volcano Eruption

FILE PHOTO: The eruption of an underwater volcano off Tonga, is seen in an image from the NOAA GOES-West satellite taken at 05:00 GMT January 15, 2022. CIRA/NOAA/Handout via REUTERS
FILE PHOTO: The eruption of an underwater volcano off Tonga, is seen in an image from the NOAA GOES-West satellite taken at 05:00 GMT January 15, 2022. CIRA/NOAA/Handout via REUTERS
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UN Weather Body: Ozone Layer on Road to Recovery Despite Volcano Eruption

FILE PHOTO: The eruption of an underwater volcano off Tonga, is seen in an image from the NOAA GOES-West satellite taken at 05:00 GMT January 15, 2022. CIRA/NOAA/Handout via REUTERS
FILE PHOTO: The eruption of an underwater volcano off Tonga, is seen in an image from the NOAA GOES-West satellite taken at 05:00 GMT January 15, 2022. CIRA/NOAA/Handout via REUTERS

The world's ozone layer is on "the road to long-term recovery" despite a destructive volcanic eruption in the South Pacific, the World Meteorological Organization said on Tuesday, after efforts to phase out ozone-depleting chemicals.
On current trends, the ozone layer is on track to recover to 1980 levels by around 2066 over the Antarctic, 2045 over the Arctic and 2040 for the rest of the world, the United Nations agency said.
Though the volcanic eruption near Tonga in early 2022 led to a short period of accelerated depletion of ozone above Antarctica last year, driven by higher levels of atmospheric water vapor, overall losses were limited, it said in its annual ozone bulletin.
The ozone layer protects the earth from the sun's ultraviolet radiation, which is linked to skin cancer and other health risks.
The Montreal Protocol, which came into effect in 1989, agreed to phase out chlorofluorocarbons and other ozone-depleting substances, and its success "stands out as a powerful symbol of hope" at a time when multilateral cooperation has come under strain, Reuters quoted UN Secretary-General Antonio Guterres as saying in a statement.
CFCs have been largely replaced by hydrofluorocarbons, which do not cause ozone depletion but are a powerful climate-warming greenhouse gas.
Countries are now implementing the 2016 Kigali amendment to Montreal, which will phase down HFC production, and could avoid around 0.5 degrees Celsius of warming by 2100.
China remains the world's biggest HFC producer, with current capacity the equivalent of nearly 2 billion metric tons of carbon dioxide. About a quarter is exported.
China's environment ministry said on Monday it would soon publish a plan to better control HFC production. As a developing country, it is obliged to cut HFC consumption by 85% from 2013 to 2045.
China is cutting manufacturing quotas and cracking down on illegal production, but it warned this year it still "faces huge challenges" in phasing down HFCs, which are used by a wide range of different industries, many of which have struggled to find substitute products.



Labubu-Maker Pop Mart Diversifies into Jewellery with New Concept Store 

A not for sale Labubu figure (L) and Labubu stickers are seen at a Pop Mart shop in Beijing on June 12, 2025. (AFP)
A not for sale Labubu figure (L) and Labubu stickers are seen at a Pop Mart shop in Beijing on June 12, 2025. (AFP)
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Labubu-Maker Pop Mart Diversifies into Jewellery with New Concept Store 

A not for sale Labubu figure (L) and Labubu stickers are seen at a Pop Mart shop in Beijing on June 12, 2025. (AFP)
A not for sale Labubu figure (L) and Labubu stickers are seen at a Pop Mart shop in Beijing on June 12, 2025. (AFP)

"Blind box" toymaker Pop Mart, which has seen frenzied sales worldwide for products related to its ugly-cute Labubu character, opened its first jewellery store in Shanghai on Friday.

The jewellery concept store, called Popop, sells accessories adorned with Pop Mart's top-selling characters, including Labubu, Molly and Skullpanda.

While Chinese consumption remains subdued in the face of a prolonged property downturn and sluggish economy, Pop Mart's affordable and adorable toys have remained in high demand both at home and abroad, driving its share price up more than 200% so far this year.

Investor Zhang Ming, 34, who owns Pop Mart stocks worth 100 million yuan ($13.92 million), flew from his base in the southwestern Chinese city of Chongqing for the opening to check out the new store type and decide whether to increase his shareholding in the company.

"I believe that the pricing and target audience for this brand are particularly well-suited, and I am confident that Pop Mart could potentially become China's version of Disney," Zhang said, predicting that the company's market cap could double from its current $45.65 billion valuation.

Along with some Disney characters and others related to anime, comics and popular video games, Pop Mart's characters are seen as fulfilling what has been called "emotional consumption", which sees young consumers spend on affordable luxuries that bring joy into their lives.

Fang Ke, 35, who has a birthday coming up this month decided to treat herself to a 699 yuan Labubu bracelet at the opening.

"I've loved Pop Mart for a long time; it's good-looking, brightly colored, and also has a visual impact," she said. "My daughter likes it too."

At Popop, prices start at around 350 yuan for charms or a simple silver ring, and go as high as 2699 yuan for necklaces adorned with metallic models of the characters. Most pieces are priced at under 1,000 yuan.

At a traditional Pop Mart store, the "blind box" toys that the chain is best known for generally sell for 69 yuan and up, but consumers have shown a willingness to shell out much more for limited editions.

Earlier this week, a Beijing auction house sold a human-sized Labubu figure for 1.08 million yuan, setting a new record and marking the toy's switch from craze to collectible.