EU approaches 2030 climate target, boosts renewable outlook
The European Union (EU) is nearing its 2030 climate and energy targets, following significant improvements by…
Browsing Tag
greenhouse gas emissions
Egypt’s EOS launches motor registration platform
Egyptian Organisation for Standardisation & Quality launched an electronic platform to register imported and…
EBRD invests in Morocco’s green railway bonds
The European Bank for Reconstruction and Development (EBRD) is investing up to MAD 400 million (€38.4 million) in…
Russia to contribute €1m to UN climate convention
Russia will make a one-time voluntary contribution of €1 million to the United Nations Framework Convention on…
IFC funds to boost Senegal’s low-carbon cement production
The International Finance Corporation (IFC) announced a €75 million green loan to Senegal’s largest cement…
EBRD offers $13.5 to support Armenia’s 1st sustainability bond
The European Bank for Reconstruction and Development (EBRD) has invested $13.5 million (€12.9 million) in Team…
EBRD boosts Ukrainian railways with €480m loans
The European Bank for Reconstruction and Development (EBRD) is providing substantial financial support to Ukrainian…
Thailand launches Asia’s 1st sustainability sovereign bond
Thailand's Public Debt Management Office (PDMO), in collaboration with the Asian Development Bank (ADB), issued…
Maersk signs bio-methanol deal with China’s LONGi Green Energy
A.P. Moller-Maersk signed a long-term bio-methanol agreement with China’s LONGi Green Energy Technology Co. Ltd.
Egypt secures $2.687b for sustainability projects
Egypt secured approval from the Green Climate Fund (GCF) for $2.687 billion in funding to support significant…
EBRD invests $12.5m in Mongolia’s Khan bank green bond
The European Bank for Reconstruction and Development (EBRD) has invested US$12.5 million (€11.5 million) in a green…
WB launches $2.5b programme to boost Asia’s energy transition
The World Bank launched a $2.5 billion programme to support renewable energy adoption in East Asia and the Pacific.
IFC invests in $100m Thailand’s first sustainability-linked bond
The International Finance Corporation (IFC) is investing 3.48 billion Thai baht ($100 million) in a…
NDB approves significant financing initiatives for S. Africa, China
The New Development Bank (NDB) approved significant financing initiatives at its 44th Board of Directors meeting on…
URGENT: EGX launches AFRICARBONX
The Egyptian Exchange (EGX) has launched the African Voluntary Carbon Market (AFRICARBONX), to trade Carbon…
BHP predicts minor rise in carbon emissions for ’24
BHP Group, the world's largest listed miner, anticipates a "small increase" in its operational carbon emissions…
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…
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…
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…
EU mulls adding removal credits to carbon market
The European Union (EU) is contemplating the inclusion of emissions removal credits into its carbon market, Reuters…
Carbon levy on shipping gains global support
A group of 47 countries, including the European Union, Canada, Japan, and Pacific Island states, are advocating for…
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…
EU, Egypt: strong ties amidst global challenges – EU official
EU-Egypt trade has quadrupled over the past 20 years, rising from €8.6 billion to €37.2 billion. Currently, the EU…
China steps up new regulations for carbon trading
China introduced on Sunday new regulations governing carbon emissions trading to combat CO2 data fraud as a part of…
Swiss, Thai groups seal 1st carbon offset deal
Energy Absolute, a Thai electric bus operator, announced on Monday the sale of its first carbon offsets to KliK…
Cop28’s fossil fuel deal: a missed opportunity for global action
Scientists warned that the lack of a clear commitment to end fossil fuels at Cop28 is a serious threat to the…
Egypt, Belgium sign MoU for renewable energy exports
The Egyptian Electricity Transmission Company (EETC) and the Belgian maritime infrastructure company Jan De Nul…
EU intends to oblige aircrafts use eco-friendly fuel
European Union (EU) member states have stressed that aircraft in the Union would have to be fuelled in a more…
Fertiglobe signs deal with AD Ports to explore opportunities in UAE, Egypt
The ADX-listed fertilizer company Fertiglobe has signed a non-binding MoU with AD Ports Group to jointly explore…
AIIB invests $25mln into UzPromStroyBank sustainable bonds
The Asian Infrastructure Investment Bank (AIIB) has invested a total of $25 million in Uzbekistan’s Uzpromstroybank…
Gold mines produce more emissions than Africa’s largest oil country
Gold mines consume around 11 percent of global energy, resulting in annual carbon dioxide emissions of around 126.4…
Biden administration invests $251 mln in carbon capture
Joe Biden’s administration announced on Wednesday the investment of about $251 million in carbon capture and…
EPA to regulate power plants emissions for 1st time
Environmental Protection Agency (EPA) is set to announce on Thursday a new proposal regulating emissions from power…
EPA proposes strict emission limits
Biden administration has announced on Wednesday it is proposing a new regulation setting pollution limits, hence…
Egypt launches climate report as 1st country in MENA region
Egypt has launched the Country Climate and Development Report (CCDR) for the first time in the Middle East and…
EGAS, Shell sign MoU to manage greenhouse gas emissions – COP27
The Egyptian Natural Gas Holding Company (EGAS) and Shell have signed a MoU on Saturday to establish a framework…