Seven European nations, including Germany, the Netherlands, and France, made a commitment on Monday to phase out carbon dioxide-emitting power plants from their electricity systems by 2035. Together, these countries represent nearly half of the European Union’s power production, primarily driven by the substantial contributions of Germany and France, the two largest power producers in […]
On Monday, 31st of July, the Philippine government and the European Commission reaffirmed their commitment to closer ties between their two nations, pledging to increase trade and collaborate more closely on climate change, marine security, and the green economy. President Ferdinand R. Marcos Jr. declared that his recent bilateral meeting with EU Commission President Ursula
The huge Willow oil drilling project in Alaska was permitted by the Biden administration, infuriating environmentalists and paving the way for a legal challenge. The National Petroleum Reserve, which is held by the federal government, has been the site of the decade-long The Willow Project oil drilling operation. The area where the project is envisioned
On Alaska’s north slope, the Biden administration has cleared a $8 billion drilling project. Environmentalists have voiced vehement opposition to the ConocoPhillips Willow project, which would be one of the largest oil and gas ventures on federal land, claiming that its approval conflicts with the president’s lofty climate goals. Biden had pledged to stop federal
OUTRAGE AS US GOVERNMENT ADVANCES $8BN OIL DRILLING PROJECT ‘WILLOW’ THROUGH ALASKA Read More »
India will overtake China as the nation with the greatest population sometime in 2023, most likely this spring. It serves as a timely reminder of India’s expanding impact on the rest of the world and does so in more ways than one, despite its small size. Vast energy needs are associated with a large country
HOW INDIA INTENDS TO MEET THE GLOBAL CLIMATE CHANGE TARGETS Read More »
Countries all across the world are struggling with the same issue as the repercussions of climate change become increasingly obvious: how to cut carbon emissions without hurting the economy? Power grid replacement, consumer behavior change, and supply chain decarbonization all carry risk for many industrialized nations. Chile, a high-income industrialized nation with a population of
HOW CHILE IS BECOMING A WORLD LEADER IN RENEWABLE ENERGY Read More »
Late on Thursday night, 22nd December, the World Bank’s board of directors gave final approval to a $500 million initiative in Brazil that will increase sustainability-linked financing, improve the private sector’s ability to access carbon credit markets, and aid Brazil in reducing deforestation. In order to help Brazil achieve its climate targets and provide “strong”
THE WORLD BANK WILL LEND $500 MILLION TO HELP BRAZIL MEET CLIMATE GOALS Read More »
The West Africa Coastal Areas Resilience Investment Project (WACA ResIP 2), approved today for a total amount of $246 million in International Development Association (IDA) financing, including a $5 million PROBLUE grant, will benefit populations at immediate risk from coastal erosion, flooding, and pollution, as well as people relying on agroindustry and tourism along the
WORLD BANK APPROVES $246 MILLION TO STRENGTHEN WEST AFRICA’S COASTAL RESILIENCE Read More »
The member states of the European Union have decided to implement a system that will levy a charge on imports of items that cause pollution, including iron, steel, cement, fertilizers, aluminum, and power. The Carbon Border Adjustment Mechanism (CBAM), a first-of-its-kind program aimed at assisting European industry in their decarbonization, will cover industrial imports from
EU AGREES ON FIRST-EVER CARBON BORDER TARIFF TO FIGHT POLLUTING IMPORTS Read More »
In order to “inspire climate finance actors to get gender savvy,” GenderSmart co-founder Suzanne Biegel is collaborating with Aviva Investors to collect signatures for a letter that will be delivered to world leaders at COP27 (The 2022 United Nations Climate Change Conference) next month. The GenderSmart 2022 Global Summit, which took place in London last
AN INVESTOR GROUP ADVOCATES FOR GENDER SMART CLIMATE FINANCE AT COP27 Read More »
