Approximately 80% of the world’s trade, a significant portion of the global economy, is managed by ports. These ports, however, are incredibly vulnerable to operational disruptions due to extreme weather events, which can lead to a significant amount of downtime. These disruptions have far-reaching effects, causing systemic impacts that extend beyond the affected port and […]

Climate change is a global concern that has sparked an international debate over who should shoulder the financial burden of mitigating its effects. The discussions often involve the U.S. and China, the two largest economies globally. These nations have recently been engaged in talks concerning climate finance, addressing the financial aspects of combating a warming […]

The global powers of Japan, the United States, the European Commission, South Korea, and Australia have come together in an ambitious collaboration to tackle methane emissions within the LNG supply chains. This crucial move signifies a major transition from a focus on supply security to prioritized environmental considerations. The partnership’s central objective is to encourage […]

The plight of Nigerian farmer Abubakar Salisu paints the picture of a broader crisis unfolding in Nigeria. His wheat yield has been significantly diminished due to extreme heat, irregular rain patterns, climate change, and regional violence. This is not an isolated incident; it represents a vast issue that is disrupting Nigeria’s agricultural sector and threatening […]

Masdar, the UAE’s premier clean energy entity, has successfully launched its debut green bond issuance, raising net proceeds of US$750 million. This substantial financial injection is earmarked exclusively for investment in clean energy projects, reflecting Masdar’s commitment to fostering sustainable, renewable energy solutions. This bond issuance has been met with a resounding vote of confidence […]

Despite a marked increase in package deliveries, Amazon reported a decrease in carbon emissions for the first time since the company started tracking its carbon footprint. Total carbon emissions from Amazon dropped by 16% in 2022, falling to approximately 60.64 million metric tons from 72.08 million metric tons in 2021. This substantial decrease in carbon […]

The Future Sustainability Forum is set to take place in Dubai from 4-5 October 2023, marking a significant event in the Year of Sustainability in the UAE. The Forum is a key component of the Dubai International Financial Centre’s (DIFC) sustainability program targeted at the 28th annual Conference of the Parties (COP28). The Future Sustainability […]

Sylvera, a UK-based carbon data firm, has successfully raised $57 million in a Series B funding round. This significant financial boost is intended to expand the company’s presence in the U.S. and incentivize organizations to invest in climate impact. The funding round was led by Balderton Capital and saw participation from numerous high-profile investors. These […]

The UK government recently unveiled its third National Adaptation Program (NAP3), outlining a comprehensive strategy for dealing with the impacts of climate change. This ambitious plan includes a series of measures aimed at safeguarding food and energy supply chains, enhancing infrastructure regulations, and tripling adaptation funding to $1.9 billion by 2025 for vulnerable communities across […]

The G20 finance ministers recently gathered in India to discuss a range of pressing global economic challenges. From climate change to the growing debt burden in low-income countries, these issues require international coordination, as emphasized by Indian Finance Minister Nirmala Sitharaman and U.S. Treasury Secretary Janet Yellen. Among the key points of contention was the […]