Environment

Ensuring a lower-carbon future is not only necessary but also good for the economy, according to the latest climate scenarios from the Network for Greening the Financial System, a group of 127 central banks and financial supervisors working to manage climate risks and boost green investment.

Taking key measures to reduce the power consumption of cooling equipment would cut at least 60 per cent off predicted 2050 sectoral emissions, provide universal access to life-saving cooling, take the pressure off energy grids and save trillions of dollars by 2050, according to a new report published during the COP28 climate talks in Dubai.

In a powerful demonstration of global solidarity, governments, businesses, investors and philanthropies have announced over $57 billion across the climate agenda in just the first four days of COP28.

At COP28 climate summit, multilateral development banks (MDBs) issue joint statement Building on record climate finance figures, MDBs set out enhanced cooperation EBRD,

Water scarcity, coastal erosion and more frequent flooding are among Tunisia’s most pressing climate challenges, says a new World Bank Group report, which suggests a series of urgent adaptation and decarbonization actions that would help boost Tunisia’s economic recovery and create jobs.

Today, the COP Presidency will officially pass to Dr. Sultan Al Jaber from his predecessor, Egypt’s Sameh Shoukry as the UAE prepares for two weeks of intensive climate negotiations.

The Green Zone is open to everyone and will serve as the hub where climate action comes to life.

We are very surprised by the latest statement of BASF CEO Martin Brudermüller on the quality of European wind turbines. Other wind farm developers in Europe are happy with the European turbines they have installed and would like to be able to continue sourcing European turbines.