John Kerry, the US special envoy on climate, is predicting that the shift to a green economy would entail “a bigger economic transformation” than the Industrial Revolution, according to a report. “The fact is we’re looking at the creation of the largest market in the history of the world,” he said Monday, according
Seismic shifts are taking place in the global economic architecture as countries accelerate efforts to transition clean and green economies. In 2015, at the United Nations Climate Change Conference known as COP21, world leaders signed the landmark Paris Agreement. This pact signaled the collective ambition of 196 countries to contribute to the goal
The Federal Democratic Republic of Ethiopia has put forth their strategy for developing a climate‐resilient green economy by 2025. The government states that Ethiopia aims to be a middle‐income country by 2025. However, the strategy recognises that achieving this through the conventional development path would result in dramatically increased carbon emissions and unsustainable
Thijs Stoop/Unsplash, FAL James Dyke, University of Exeter; Robert Watson, University of East Anglia, and Wolfgang Knorr, Lund University Sometimes realisation comes in a blinding flash. Blurred outlines snap into shape and suddenly it all makes sense. Underneath such revelations is typically a much slower-dawning process. Doubts at the back of the mind
From Big Oil to Big Tech, companies are rushing into a new kind of business that they believe will allow their industry to survive in the new zero-rate economy: carbon capture. So-called carbon capture initiatives typically involve actively removing carbon dioxide from the air or cleaning the heat-trapping greenhouse gas from emissions from
Brazil’s President Jair Bolsonaro approved a 24% cut to the environment budget for 2021 from last year’s level, according to official numbers published on Friday, just one day after he vowed to increase spending to fight deforestation. Speaking on Thursday to the summit organised by US President Joe Biden, Bolsonaro pledged to double
India’s power and renewable energy minister has called out rich nations for setting distant net-zero targets without short-time action, Climate Home News reports. Raj Kumar Singh made the comments in a panel discussion with China’s energy minister Zhang Jianhua, US climate envoy John Kerry and the EU’s Frans Timmermans at an International Energy
The Greens are also calling for Biden to formally declare a climate emergency and to invest an additional $1.4 trillion annually to implement an Economic Bill of Rights. The numbers are based on several studies commissioned during the 2020 Green Party presidential campaign of Howie Hawkins. The Democrats are expected to propose a
The UAE’s policy to build a sustainable nation is evident in the initiatives it has taken in the recent past as it joins several nations to support Earth Hour on Saturday. On Saturday, 27 March at 8:30 p.m. UAE time, Emirates Nature-WWF is inviting the UAE community to virtually participate in Earth Hour,
Then Brendon Sorbom A 2010 graduate of Loyola Marymount University in Los Angeles, he decided to fly to Boston, taking the “thousand dollars” he had accumulated and his credit card (with 0 percent interest for one year). Sorbom wanted to defend his doctoral dissertation. in nuclear fusion, but all five programs he applied