EBID and EIB Launch €100 Million Climate Action Partnership in West Africa
The ECOWAS Bank for Investment and Development (EBID) and the European Investment Bank (EIB), with the backing of the European Union (EU), have launched a €100 million financial agreement to fund climate action and environmental sustainability initiatives in the ECOWAS region. The action will enable
IFC Commits $165 Million to São Martinho for Biomethane Production and Brazil's Decarbonization Efforts
The International Finance Corporation, part of the World Bank Group, has agreed to commit as much as $165 million to invest in one of Brazil's most important producers of sugar, ethanol, and renewable energy, São Martinho S.A. The funding will be focused on the aggressive decarbonization strategy bo
Southeast Asian Cities Struggle with Severe Air Pollution
IQAir’s air quality index report listed Southeast Asian cities among five most polluted globally. The air monitoring organization ranked Ho Chi Minh City at second position, followed by Phnom Penh and Bangkok in fourth and fifth place, respectively. According to a Reuters report, a thick smog envelo
Guterres Urges Urgent Climate Action and AI Regulation at Davos, Criticizes Backsliding on Commitments
UN Secretary General António Guterres sharply criticized global issues at the annual World Economic Forum in Davos, Switzerland, where he said the problems facing the world-from inequality, conflict, and attacks on human rights-continued to worsen. Criticizing the theme of the forum "Collaboration f