Focus on Economy
Saudi Arabia Leads G20 Countries in Tourism Growth, According to Latest UN Tourism Barometer
RIYADH, Saudi Arabia--(BUSINESS WIRE)--Saudi Arabia Leads G20 Countries in Tourism Growth, According to Latest UN Tourism Barometer report, marking a significant milestone in...
Singapore’s Temasek sets aside $77 million to support climate action initiatives
SINGAPORE – Singaporean state-owned investor Temasek said on Monday that it is setting aside S$100 million ($77.43 million) as a community gift to...
Brookfield raises $2.4 billion for climate fund backed by UAE
DUBAI – Brookfield Asset Management said on Monday it has raised $2.4 billion for the Catalytic Transition Fund (CTF), which is backed by...
India is in the midst of an electric vehicle revolution — and Australia should tap in
India’s electric vehicle market is booming, with sales surpassing 4.1M by March 2024, offering diverse EV options and rapid growth.
How Australia’s clean energy boom is driven by its states and territories
Australia is now leading the world in per capita renewable energy deployment, with much of the progress happening at the regional level.
US CFTC issues first guidelines for carbon credit markets
The U.S. CFTC has approved the first guidelines for the trading of voluntary carbon credit derivative contracts in the country.
ADB approves $500 million loan for Indonesia’s energy transition efforts
The ADB approved a $500M loan to support Indonesia's clean energy transition, reducing coal use and boosting renewables.
World Bank boosts climate financing by 10 per cent
The World Bank delivers a record $42.6 billion in climate financing for 2024, nearing its 45 per cent adaptation target under Ajay Banga.
Govt not ‘sleepwalking’ over Grangemouth refinery: UK’s Starmer
Prime Minister Starmer denies his government is "sleepwalking" into "industrial devastation" amid the announced closure of Grangemouth.
Singapore’s GenZero to work with Rwanda on carbon offset projects
State-backed investment firm will see Singapore collaborate with Rwanda on offsetting projects to generate carbon credits.
