Friday, 28 March 2025

Focus on World Bank

Drought has emptied the  Jablanicko artificial lake in Bosnia that was once a major tourist attraction for the town of Konjic (AFP)
ClimateElectricityEnvironmentHydropowerNewsWeather

‘Scary’ drought empties one of Bosnia’s largest lakes

"The year 2024 was exceptionally bad for the functioning of the power plants": Elektroprivreda executive

A woman uses a donkey cart to transport a barrel of water in drought affected areas in Higlo Kebele, Adadle woreda, Somali region of Ethiopia, in this undated handout photograph. Michael Tewelde/World Food Programme/Handout via REUTERS/ File Photo
BiodiversityClimateClimate FinanceEconomyEnvironmentIndigenousNewsResiliencyWeather

Climate Investment Funds board backs $500 million Ethiopia nature plan

CIF backs a $500M plan to restore degraded land in Ethiopia, protect forests, boost food security, and fight climate change.

An artistic sculpture featuring two hands with their fingers reaching towards each other. It is in a square outside the entrance to the UN Climate Change Conference Baku (COP 29) in Azerbaijan.
AnalysisBiodiversityClimateClimate FinanceEconomyEmissionsEnvironmentPoliticsUnited Nations

Analysis: Why the $300B climate-finance goal is even less ambitious than it seems

COP29 faces criticism for relying on minimal new efforts, counting inflation-eroded funds, and including developing-country contributions.

Motorbike taxi driver Phung Khac Trung rides his electric motorbike on a street in Hanoi (AFP)
AnalysisBusinessEconomyElectric Vehicles (EVs)EmissionsEnvironmentRegulationsTransport

Vietnam pushes electric motorbikes as pollution becomes ‘unbearable’

In polluted Hanoi, Gen Z riders embrace e-bikes to fight smog, but challenges like charging and habits slow broader adoption.

People navigate among trash as they work in a program funded by Salvadoran government to clean the the El Cerron Grande reservoir in Potonico, El Salvador September 14, 2022. REUTERS/Jose Cabezas/File Photo
BiodiversityClimateClimate FinanceEconomyEmissionsEnvironmentIndigenousNewsResiliency

Debt swaps gain momentum: How nations are funding conservation and climate action

Debt swaps are becoming a more widely used tool to help indebted countries raise money for conservation or climate-related projects.

Farmers walk by as steam rises from a geothermal power plant in Dieng, Central Java, Indonesia.
Climate FinanceElectricityEmissionsGeothermalNews

Financial and community hurdles slow geothermal energy development in Southeast Asia

Geothermal energy seems ideal for countries like Indonesia and the Philippines but faces financial, regulatory, and community roadblocks.

Bosnia's coal-fired Kakanj power plant (AFP)
AnalysisCoalElectricityFuelGeothermalHydropowerSolarWind

In Bosnia, the path to renewables runs through its coal mines

Bosnia still has around 2.6 billion tonnes of exploitable coal still underground — but is targeting net-zero by 2050.

COP29 President Mukhtar Babayev is seated, delivering a speech, with two attendants visible behind him.
Climate FinanceEmissionsEnvironmentNatural GasNewsOilUnited Nations

COP29 president blames rich countries for ‘imperfect’ deal

The contentious deal on Sunday saw wealthy polluters pledge $300B annually to support developing countries.

Faced with soaring petrol prices after an end to fuel subsidies, some Nigerians are convertng their cars to run on compressed natural gas (AFP)
AnalysisAutomotiveBusinessNatural Gas

Compressed natural gas vehicles gain slow momentum in Nigeria

Nigeria's government pushes CNG adoption to address fuel shortages, but slow conversions, safety, and costs hinder progress.

News ReleaseNews

Spire Global Selected by LatConnect60 to Improve Sustainable Agriculture Practices

PERTH, Australia--(BUSINESS WIRE)--Spire Global (NYSE: SPIR) (“Spire” or the “Company”), a global provider of space-based data, analytics, and space services, was selected by...

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