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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...
Why Water is Crucial for Sustainable Food Systems
Agriculture is a major user of freshwater withdrawals
Irrigated crops, livestock, fisheries, aquaculture and forestry, account for roughly 70 percent of total freshwater withdrawals globally and for over 90 percent in the majority...
Greenpeace Calls for Unity and Action as Delegates Arrive at Biodiversity Meeting in Geneva
Greenpeace calls for action to increase land and sea protection to at least 30 per cent by 2030 with clear funding and implementation, and to recognize and strengthen the rights of Indigenous...
Climate Change: A Threat to Human Wellbeing and Health of the Planet.
Human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions of people around the world, despite efforts to reduce the risks. People and ecosystems least...
ABB Launched the World’s Fastest Electric Car Charger
ABB’s new Terra 360 is a modular charger which can simultaneously charge up to four vehicles with dynamic power distribution. This means that drivers will not have to wait if somebody else...