In 2023, environmental and climate issues will again be at the top of the policy agenda in the Middle East and North Africa. The upcoming COP28 climate conference in Dubai and the rapid growth in the renewables sector in Egypt and North Africa both point to the growing power of MENA states within global climate politics.
Today, the World Economic Forum (WEF), the World Trade Organization (WTO) Secretariat and the World Bank Group announced their pilot initiative, Action on Climate and Trade (ACT), to help developing… read more →
On Wednesday, the United States announced that it ratified a deal to cut subsidies contributing to overfishing, becoming the first large fishing nation to do so. United States Trade Representative… read more →
A modernisation package agreed in principle by participants will specifically allow countries to offer greater support for green projects while also expanding the use of export credits in the context… read more →
Defying negative economic conditions and global market volatility, global trade still reached an all-time record of $32 trillion in 2022. However, growth turned negative in the second half of the… read more →
Carbon Neutral Royalty Ltd. (CNR), a permanent capital vehicle with a mission to accelerate climate and biodiversity action by financing and supporting high-integrity decarbonisation projects, is pleased to announce that… read more →
Dutch lender ING on Tuesday said it had toughened its lending policy to the oil and gas sector, restricting finance to clients engaged in commodity or trade finance and “midstream”… read more →
Asian Development Bank (ADB) President Masatsugu Asakawa and India Prime Minister Narendra Modi met today to discuss the country’s development priorities. Mr. Asakawa conveyed ADB’s intention to provide $20 billion–$25… read more →
While consensus and recognised standards exist for carbon footprint measurement and reporting, carbon offsetting and the quality of underlying projects are still subject to debate.
In 2015, the UN General Assembly formally established the 17 UN Sustainable Development Goals (SDGs) to be addressed by 2030 and that same year, 195 countries committed to keep global… read more →
