Satellites diligently keep track of our planet, recording daily the declining sea ice levels in Antarctica, a trend that has been consistent since 2016. The current state of affairs is quite alarming with the recorded sea ice measuring just 14.1 square kilometers, a shocking 2.3 million square kilometers less than the expected 16.4 million. To […]
The dire warning from U.N. Chief António Guterres this week leaves little room for interpretation or complacency. He declared, “the era of global warming has ended; the era of global boiling has arrived.” This stark comment comes in response to the record-breaking temperatures observed in July, making it the hottest month ever recorded in our […]
Formed from accumulated snowfall, glaciers are formidable, slow-moving rivers of ice. These majestic formations can be found in mountain ranges and polar regions across the globe. The creation of a glacier is a process that demands more snowfall in winter than melting in the summer. This imbalance leads to the formation of dense, partially air-free […]
The Water Services Corporation (WSC) in Malta has made history by issuing the country’s first-ever Green Bonds. The bonds are valued at $27.5 million and come with a maturity term of 10 years, carrying a 4.25% interest rate. This bond issuance is in accordance with the United Nations’ Sustainable Development Goals (SDGs) and the European […]
The Council of the European Union has recently adopted final rules on climate-neutral shipping as part of their FuelEU Maritime initiative. This initiative forms a crucial component of the EU’s ambitious Fit for 55 package, which aims to reduce the EU’s net greenhouse gas emissions by at least 55% by 2030. These new rules mandate […]
Recently, a Senate panel acknowledged the significant and damaging impact of climate change on the US economy and infrastructure. The discussion underscored the urgent requirement for more resilient infrastructure, highlighting the increasing frequency and intensity of extreme weather events. However, Democrats and Republicans expressed divergent views on the panel. The former emphasized the urgency of […]
U.S. climate envoy John Kerry recently made a landmark visit to China, marking another chapter in the ongoing climate dialogue between two of the world’s largest greenhouse gas emitters. This visit underscored the shared commitment of both nations to address the urgent issue of climate change, which continues to pose significant threats globally. In related […]
China’s economy could receive a significant boost from an increase in product quality, according to recent research from the University of Technology Sydney (UTS) Business School. The research suggests that a mere 1% improvement in product quality could lead to a 3.2% increase in China’s exports. This outperforms the potential gains from a similar rise […]
Stuart Banks, a senior marine scientist, along with his team, has made a significant marine discovery during an Atlantis deep-water research expedition. They have uncovered deep-sea coral reefs off the coast of the Galapagos Islands. This discovery came to light after careful examination and collection of samples from this ancient, previously unmapped habitat. The team […]
The banking sector is currently embracing a new era of green financing as part of a wider initiative to mitigate the effects of climate change. Financial institutions are now giving more weight to services that help reduce the impact of global warming, a move that reflects the increasing importance of sustainability in contemporary business practices. […]