ADB approves $500m loan for sustainable infrastructure in India
The Asian Development Bank (ADB) approved on Wednesday a $500 million loan to promote environmentally sustainable…
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climate goals
Mongolia secures $100-m loan for climate action
The Asian Development Bank (ADB) has approved a $100 million policy-based loan to support Mongolia’s climate goals,…
S. Arabia reaffirms oil capacity, climate goals
Saudi Arabia will maintain its crude oil capacity at 12.3 million barrels per day while advancing climate…
Global shift to electricity may lower energy costs – IEA
The world is entering an era of cheaper energy as a surge in electricity use reduces reliance on fossil fuels,…
EU supports € 650b plan for cities to achieve net zero by ’30
A group of 112 cities committed to net-zero greenhouse gas emissions by 2030 will need 650 billion euros ($695.83…
EU allocates nearly €3b for clean energy projects in 10 countries
The European Union has allocated €2.967 billion through its Modernisation Fund to finance 39 energy projects across…
Global climate goals hinges on China- German minister
German Economy Minister Robert Habeck stated on Sunday that China is crucial for reaching global climate goals and…
New Zealand excludes farming from carbon pricing plan
New Zealand confirmed that its agriculture sector, responsible for about 50 per cent of the nation’s greenhouse gas…
Egypt prioritises green hydrogen for climate goals
Egypt is committed to achieving its climate goals, with a focus on expanding reliance on green hydrogen, stated…
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…
China’s coal slows as renewable energy in focus
China's coal is slowing with top mining regions limiting growth and directing investment toward clean energy.
Indonesia’s green transition includes coal-powered plants
Indonesia revised its green investment rulebook "taxonomy" on Tuesday, allowing coal-fired power plants for nickel…
Low-emissions power to meet global demand – IEA
Power generated from low-emission sources like wind, solar, and nuclear will suffice to satisfy the increase in…
UAE launches 1st enzyme-based fuel additives facility in MENA
The Industrial Development Bureau (IDB), a branch of the Abu Dhabi Department of Economic Development (ADDED)…
2023 global climate alarm: countries pledge net zero at COP28
In 2023, record-breaking temperatures and shocking natural disasters like floods, droughts, and storms marked many…
India needs $12.7 to reach net zero emissions by 2050
India's ambitious path towards a net zero economy by 2050 presents an investment opportunity that amounts to at…