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A drastic reduction in unnecessary, avoidable and problematic plastic is crucial to addressing the global pollution crisis, according to a comprehensive assessment released today by the UN Environment Programme (UNEP). An accelerated...
Responding to an urgent call to increase financing for the world’s poorest farmers who are hardest hit by climate change, a group of Public Development Banks (PDBs) stepped up their commitment to...
Tea and Coffee: Celebrating Their Cultural, Social and Economic Importance
Global tea and coffee experts came together to explore and celebrate the cultural, social, and economic importance of the world’s two most popular beverages including their role in making agri-food systems more...
Green Hydrogen Fuels to Enable Up to 80 percent of Global Shipping Emission Cuts by 2050
A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80 percent of CO2 emissions attributed to international maritime shipping...
New Centre of Excellence for Climate and Disaster Resilience
The World Meteorological Organization and the UN Office for Disaster Risk Reduction are marking the International Day for Disaster Risk Reduction on 13 October with the announcement of the creation of a...
A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the IEA’s new World Energy...
30 years ago, something remarkable happened. Governments around the world agreed to make the Antarctic off limits to oil drilling and mining.
In the 1980s the debate of the fate of the Antarctic...
EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group
The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central,...
Europe’s Nature Under Pressure — Challenges and Solutions
The European Environment Agency’s (EEA) work and other assessments have shown that European ecosystems are under serious threat. Centuries of exploitation have left their mark on Europe’s natural world and most protected...
Why The Global Fight to Tackle Food Waste Has Only Just Begun
Our global food systems are having a profound impact on human and planetary health. They are responsible for 70 percent of the water extracted from nature, account for up to one-third of...
Devastating Wildfires Cause Record Emissions in Northern Hemisphere
Europe’s Copernicus Atmosphere Monitoring Service (CAMS) has been closely monitoring a summer of extreme wildfires across the Northern Hemisphere, including intense hotspots around the Mediterranean basin and in North America and Siberia....
EBRD Launches Energy Compact for its Urban Sustainability Programme
The European Bank for Reconstruction and Development (EBRD) is launching its own Energy Compact to support the energy transition, focussed on investments within its flagship urban sustainability programme, EBRD Green Cities. The...
New Global Methane Pledge Aims to Tackle Climate Change
A new joint agreement by the European Union and the United States to cut global methane emissions by 30 percent by 2030 could mark a crucial step in tackling climate change and...
Why Public Finance for Climate Matters
The Presidents of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB), Odile Renaud-Basso and Werner Hoyer, appealed yesterday for urgent action on climate change, while comparing...
Solving the Chicken and Egg Problem: Auctions for Green Hydrogen
Green hydrogen (hydrogen produced from renewable energy) has received increasing attention across the energy sector in recent years, given its capability to decarbonise ‘hard to abate’ sectors (such as steelmaking) and provide...
Ozone Layer Recovery is an Environmental Success Story
The World Meteorological Organization joins the rest of the international community in marking World Ozone Day on 16 September. It highlights the importance of safeguarding the Earth’s protective ozone layer and shows that...