This section explores how climate change, the energy transition, decarbonisation, and sustainability are reshaping businesses and the global economy, highlighting key topics such as climate risk, renewable energy jobs, supply chain resilience, net zero strategies, and industrial decarbonisation.
Climate Risk & Economics
Last weekend, at least 35,000 demonstrators protested the evacuation and mining of the German town Lützerath. The climate activist Greta Thunberg (20) joined the demonstration but was detained by police for a day after a clash.
Climate Risk & Economics
Since COVID-19, home office and hybrid work schedules have become popular, with more people acquiring the possibility to take long weekends and work remotely at their flexible time. This benefit has only increased travelers during a holiday season, such as Christmas.
Climate Risk & Economics
A climate credit card records the cardholder's carbon footprint to help them visualize total emissions regarding their actions and choice of purchase. Major credit card companies, such as Mastercard and Visa have already adopted the practice.
Climate Risk & Economics
For 14 days, about 35,000 people, representing nearly 200 countries, attended the COP27 summit in Sharm el-Sheikh to discuss the ways to keep 1.5°C alive by undertaking sustainable cuts in greenhouse gases.
Climate Risk & Economics
Liquefied Natural Gas (LNG) has made a headline this week as the oil tanker, called British Sponsor left Mozambican territorial waters carrying the first cargo from LNG Coral Sul FLNG facility, installed 80 kilometers offshore Mozambique.
Climate Risk & Economics
Since 1994, the UN climate summit, called the Conference of the Parties (COP) is held every year for governments to agree on steps to limit global temperature rises. On 6th November, the 27th meeting (COP27) took place in Sharm el-Sheikh and will run until 18th November.
Climate Risk & Economics
The Inflation Reduction Act of 2022 aims to raise $740 billion to curb inflation by reducing the deficit, lowering prescription drug prices, and promoting clean energy. The bill, passed on August 16, 2022, was an amendment to the Build Back Better Act.
Climate Risk & Economics
Britain’s new PM, Ms Truss, made little effort to impress green campaigners when she was a Secretary of State for the environment, food, and rural affairs from 2014 to 2016. She is also believed to have agreed to cut the budget, which would have helped the enforcement of environmental regulations.
Climate Risk & Economics
Many European countries saw relatively little snowfall last year, making the Alps vulnerable with comparably little ice cover. Then the summer came this year with three heat waves (until now), marked by temperatures over 30°C, and these heat waves are melting the glaciers.
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.
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.
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.