Asia-Pacific REITs face high climate risk, report shows
Nearly 10 per cent of properties owned by leading Real Estate Investment Trusts (REITs) in the Asia-Pacific region…
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Climate Change
Japan’s Kobe steel mulls electric arc furnace in Kakogawa
Kobe Steel, Japan’s third-largest steelmaker, plans to build a large electric arc furnace in Kakogawa, Reuters…
World Bank assesses Cairo’s major waste management project
The World Bank mission concluded on Sunday its mid-term review of the Greater Cairo Air Pollution Management and…
Philippines sustains EV boost with extended zero tariff
The Philippines has extended its zero-tariff policy on electric vehicles (EVs) and their parts until 2028, aimed at…
EU, ISSB collaborate to minimise disclosure burden on firms
The European Union (EU) and the International Sustainability Standards Board (ISSB) have agreed on joint guidance…
Turkey’s GDP growth to decelerate in next 2 years – OECD
Turkey’s GDP growth is expected to decelerate from 4.5 per cent in 2023 to 3.4 per cent in 2024 and further to 3.2…
Egypt’s Sisi urges joint effort to address Africa’s economic challenges
Advancing Africa's development requires a joint effort to tackle challenges, particularly in Sub-Saharan Africa,…
African leaders urge record funds for development
African leaders on Monday urged wealthy nations to make record commitments to a low-interest World Bank programme…
Norway’s wealth fund falls behind climate targets
Norway’s $1.6 trillion sovereign wealth fund, the largest in the world, is under scrutiny for its failure to meet…
Developing nations get under 10% of global climate funds – minister
Less than 10 per cent of global climate financing goes to developing countries, despite their greater need, said…
