Thursday, 21 August 2025

Focus on Politics

FILE PHOTO: A person enters the JPMorgan Chase & Co. New York headquarters in Manhattan, New York City, U.S., June 30, 2022. REUTERS/Andrew Kelly/File Photo
BusinessClimate FinanceElectricityEnvironmentNewsSolarWind

Finance guide could spur extra $200 billion for sustainable development, JPMorgan says

A JPMorgan executive says a new finance guide could unlock an extra $200B annually for projects with positive social or environmental impact.

An EV charger next to a Volvo car at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston
BusinessEconomyElectric Vehicles (EVs)ManufacturingNews

Volvo Cars cuts full-year growth outlook on EV slowdown

Volvo Cars beat Q3 profit expectations but cut its full-year sales growth forecast amid a premium market slowdown.

Children in El Jobo village play in the Indio River, which could have its flow reduced under a proposed plan to secure the Panama Canal’s uninterrupted operation in Panama, Saturday, Aug. 31, 2024. (AP Photo/Matias Delacroix)
CourtsEnvironmentNewsUtilities

Villagers are wary of plans to dam a river to ensure Panama Canal’s water supply

Panama Canal dam plans spark debate as residents face relocation and environmental changes while hoping for benefits.

FILE PHOTO: Residents walk in a flooded area during rescue operations in Maiduguri, northern Borno state, Nigeria September 12, 2024. REUTERS/Ahmed Kingimi/File Photo
AnalysisBiodiversityEmissionsEnvironmentIndigenousPoliticsResiliencyWeather

Climate change worsened rains in flood-hit African regions, scientists say

Devastating rains that triggered deadly floods in Cameroon, Chad, Niger, Nigeria and Sudan in recent months were worsened by human-caused climate change.

FILE PHOTO: Drilling rigs operate in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019.    REUTERS/Nick Oxford/File Photo
BusinessInfrastructureNatural GasNewsPoliticsRegulationsTransmissionUtilities

US allocates $196 million for natural gas pipeline modernization

The grants, funded by President Joe Biden's Bipartisan Infrastructure Law, will support 60 modernization projects.

Land-based wind turbines spin in Atlantic City, N.J., on Nov. 3, 2023. (AP Photo/Wayne Parry)
BusinessElectricityInfrastructureNewsRegulationsTransmissionUtilitiesWind

Big offshore wind project proposed for New York as other sites are evaluated in three states

Offshore wind projects in NY, NJ, and MD advance amid regulatory reviews and escalating legal challenges from opponents.

FILE PHOTO: European Union flags flutter in the European Central Bank (ECB) headquarters in Frankfurt, Germany September 12, 2024. REUTERS/Jana Rodenbusch/File Photo
BiodiversityClimateClimate FinanceEconomyEmissionsEmissions MarketsEnvironmentNewsPoliticsResiliencyWeather

Central banks can’t shrug off climate change issues: ECB’s Villeroy

Top European Central Bank official says climate change issues can't be removed from central bank decision-making.

Plants grow through an array of solar panels in Fort Lauderdale, Florida, U.S., May 6, 2022.   REUTERS/Brian Snyder/File Photo
BusinessEconomyElectricityIndustryInfrastructureManufacturingNewsSolar

US extends semiconductor tax breaks to some solar factories

The U.S. extends a tax break to solar wafer makers, aiming to boost domestic production and reduce reliance on China.

News ReleaseClimate Finance

Unlocking finance at scale to meet climate and development goals

The World Bank and International Monetary Fund (IMF) Annual Meetings (21st -25th October) will bring together Finance and Development Ministers and officials from around...

'Green' hydrogen is at a relatively early stage of development and requires substantial investment (AFP)
AnalysisBusinessCoalEconomyElectricityFuelHydrogenNatural GasNewsOilPolitics

Windfall tax backlash menaces Spain’s green energy sector

Spain's government has infuriated banking and energy giants by wanting to maintain a windfall tax on them, threatening crucial investments for the country's...

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