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EBRD Loans USD 100 Million to Boost Renewables in Turkey

The European Bank for Reconstruction and Development (EBRD) is extending up to USD 100 million in financing to Adnan Polat Enerji Yatirimi A.S. (APEY) as part of a financing package jointly provided...

Rhino poaching and illegal trade decline but remain critical threats – new report

Overall rhino poaching rates have declined since 2018, and trade data suggests the lowest annual estimate of rhino horns entering illegal trade markets since 2013, according to a new report by the...

Why Don’t Solar Panels Work as Well in Heatwaves?

Heatwaves are good for generating solar energy – right? Well, yes and no. Recent hot weather has generated record amounts of solar power. Germany broke a new record for solar power generation, and, in the...

The Future of Panthera Tigris in Thailand and Globally

The tiger (Panthera tigris) is the largest wild cat species in the world, and is listed as Endangered under the IUCN Red List in 2011. The tiger is also protected under the...

June was “3rd warmest on record”

The globe just had the third warmest June on record, according to Europe’s Copernicus Climate Change Service, with widespread episodes of extreme heat. Antarctic sea ice was the lowest on record for...

How to Create Favorable Environment for Investment and Innovation?

More than 30 years ago, an international financial institution was established in the British capital, whose main goal was to support the transition from a centrally planned economy to an open market...

New EIB-EBRD-WB Enterprise Survey: Are Companies In The Western Balkans Prepared For Another Crisis?

Russia’s invasion of Ukraine and its economic fallout come just as firms in the Western Balkans are recovering from the COVID-19 shock. Today’s presentation “Business resilience in the Western Balkans at times...

COVID-19 Slows Progress Towards Universal Energy Access

The COVID-19 pandemic has been a key factor in slowing progress toward universal energy access. Globally, 733 million people still have no access to electricity, and 2.4 billion people still cook using...

ABB Acquires Controlling Interest in India’s Numocity

ABB announced that its E-mobility division has agreed to acquire a controlling stake in Numocity, a leading digital platform for electric vehicle charging in India. ABB will increase its shareholding to a...

Why we Need Global Cooperation on Decarbonizing Cities and Real Estate

In an increasingly challenging and volatile world, the urgent need to decarbonize real estate remains a constant. There are no quick fixes that will suddenly transform today’s energy inefficient buildings into models of...

Facing Floods and Landslides, Afghans Turn to Nature for Protection

Amir Beg Khusrawi still has vivid memories of a flash flood that swept through his village in Afghanistan’s rugged northeast a decade ago. “ destroyed around 20 houses, claimed livestock, and damaged our...

IEA: Global natural gas demand set to decline slightly in 2022

The world’s demand for natural gas is set to decline slightly in 2022. as a result of higher prices and market disruptions caused by war in Ukraine, according to the International Energy...

Renewables Take Lion’s Share of Global Power Additions in 2021

Renewable energy continued to expand steadily and well above the long-term trend, with share in total capacity expansion reaching a new record of 81 percent last year. New data released by the International...

Terra 360 – ABB Brings the World’s Fastest Charger to Serbia

In the metropolises worldwide, the electrification of both private and public transport has gained serious momentum. Electric vehicles, buses, and a constantly increasing number of trucks will become an everyday thing on...

New Report: Is the Solution to Water Crises Hiding Right Under Our Feet?

Groundwater accounts for 99 percent of all liquid freshwater on Earth. However, this natural resource is often poorly understood and consequently undervalued, mismanaged and even abused. According to the latest edition of...

Uranium Legacy Sites Remediated in Kyrgyz Republic

The successful completion of remediation works at the former uranium legacy sites in Shekaftar and Min-Kush, in the Kyrgyz Republic, brings a major environmental benefit for Central Asia’s most populous region and...

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