Climate Risk & Economics
Wars mean destruction to the economy, human lives, and severe impacts on the planet. As the war begins, history has spoken and continues to speak on different occasions, be it Ukraine-Russian, Syrian, or Afghanistan— hundreds of thousands of people are killed or displaced.
Energy Markets
The world creates 2.01 billion tons of municipal solid garbage each year. With the world's population already crossing 7.7 billion, the waste will only go up unless they are sorted out and upscaled.
Climate Risk & Economics
On 13 June, the European High-Performance Computing Joint Undertaking (EuroHPC JU) inaugurated its latest supercomputer, Large Unified Modern Infrastructure (LUMI), located in Kajaani, Finland. With a peak speed of more than 550 petaflops per second, it is the fastest in Europe.
Energy Markets
A tradition of importing gas and oil from Russia became more common during the decade after WWII, when the Soviet Union’s relationship with Western Europe flourished and Russia started delivering gas, oil, and coal, making mainly Ukraine the transit point.
Climate Risk & Economics
While the world’s powerful economies, Group of Seven (G7) met at the Bavarian Alps for their yearly meeting, Greenpeace activists placed a peace symbol made of more than 300 burning candles at an altitude of 1,600 meters near Garmisch-Partenkirchen.
Climate Risk & Economics
Last week, most parts of Central and Western Europe were punished with an unbearable heat that used to be normal only in August, just a few years ago. France, Germany, Spain, Poland, and Austria were some of the countries that fought against the peak temperatures above 104°F (40°C).
Climate Risk & Economics
The Members of the European Parliament (MEPs) of the Economic and Monetary Affairs Committee and the Environment, Public Health, and Food Safety Committee objected with 76 votes to 62 votes to the European Commission's (EC) proposal to label specific nuclear and gas energy ‘green’.
Climate Risk & Economics
We are now halfway between COP26, which happened last year in November in Glasgow, and COP27, happening in Egypt, later this year. To make sure the nations are on the track to achieving the promises made at COP26 and make them prepared for COP27, the delegates are meeting this time
Climate Risk & Economics
The Emirates Waste to Energy plant in Sharjah, which is a joint venture between BEEAH and Masdar was inaugurated on May 24, 2022. First announced in 2018, the plant was originally planned to open in 2020 but was postponed due to COVID-19.
Climate Risk & Economics
If global food waste were a country, it would rank third in the world in terms of greenhouse gas (GHG) emissions. Food waste created during processing, transporting, preparing, and storing has a cascading effect that has a long-term impact on the ecosystem.
Climate Risk & Economics
If global temperature rises by 2.9°C compared to pre-industrial levels, the world's most-vulnerable countries’ average GDP will fall by 20% by 2050 and 64% by 2100. These nations require at least $300 billion a year to respond to damage by 2030. Now, the question is, who should pay for this?
Climate Risk & Economics
The beginning of 2020 saw countries going into lockdown due to the COVID-19 pandemic. The economy came to a standstill and transportation was curtailed. As a result, as destructive as the pandemic was, there was a comforting decrease in global GHG emissions.