Climate spending may push nations to debt crisis
Emerging countries are facing a record external debt service of $400 billion this year as they allocate the…
Browsing Tag
Climate Change
Egypt strikes €61.5-m deal with EU, France
Egypt signed a development financing agreement with the French Development Agency for €50 million, along with a…
British lender announces $100m financing pact for Africa
British International Investment, a development lender, announced a $100 million financing agreement with TDB.
ECB prepares banks for a changing risk landscape
Eurozone banks must revise their risk management strategies in light of several challenges, according to Claudia…
Western nuclear fusion backers to meet in US amid China threat
Western nuclear fusion industry leaders are gathering in Washington, D.C., this week to discuss strategies for…
South Korea commits 420T won for green projects
South Korea pledged a massive 420 trillion won ($313.4 billion) in policy loans aimed at funding initiatives that…
Central banks turn to AI for climate risk assessment
Central banks have embarked on a pioneering initiative, utilising artificial intelligence to enhance the assessment…
Egypt inks $3M Green Hurghada project deal with UNIDO
Egypt inked an agreement on Tuesday for the Green Hurghada project, a joint venture between the United Nations…
Aramco’s ’23 profit drops to $121b
Aramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its record high of $161…
Egyptian women champion amidst climate challenges
Egypt’s Minister of Environment Yasmine Fouad underscored the critical role of women in tackling climate change, as…
