Tag: economy

    COP26, Day 3: Twenty countries pledge an end to finance for overseas fossil fuel projects
    04 Nov 2021

    Where to get $ 100 billion? The topic of the third day of International Climate Negotiations COP26 in Glasgow, November 3, is climate finance. Finance ministers discussed raising funds for rapid and large-scale climate action. On November 2, leaders of developed countries pledged significant government climate funding for the Adaptation Fund, in particular to support […]

    COP 26: Day 2 of the battle for the net-zero emissions
    03 Nov 2021

    So many stories we’ve heard from COP26, which lasts in Glasgow during November 2. Let’s get to know the main issues.   More than 90 countries agree to cut methane emissions by 30% by 2030 The US authorities have already published a national action plan, according to which the oil and gas industry should reduce […]

    Asia Pacific Group endorses UAE’s bid to host COP28 in 2023
    03 Nov 2021

    The Asia Pacific Group of nations endorsed the UAE’s bid to host the 28th Conference of the Parties (COP28) in 2023, BNA reports. The endorsement was made at the COP26 summit in Glasgow that has brought nation states together to accelerate action on the goals of the Paris Agreement and the UN Framework Convention on […]

    COP26 and the Gulf countries participation: Kuwait, Qatar, UAE & Saudi  Arabia
    03 Nov 2021

    News from COP26 is coming faster and faster. This article will summarize what politics said on November 2 about the Gulf countries at the conference in Glasgow. *** Kuwait to adopt national low carbon strategy until 2050 – Amir’s Representative His Highness the Amir Sheikh Nawaf Al-Ahmad AI-JaberAI-Sabah’s Representative, His Highness the Prime Minister Sheikh […]

    UN Climate Conferences: what have they achieved in 25 years?
    03 Nov 2021

    The Paris Climate Agreement had become a significant achievement of the world community in the fight against global warming over the past quarter-century. However, there are still many obstacles to achieving the objectives of the document. We’ve found a brilliant review on this issue written by DW. The UN Climate Change Conference (COP), which takes […]

    “Enough of brutalizing biodiversity”: World leaders take center stage at CO26 climate talks
    02 Nov 2021

    Media indicate that the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP-26) is the most prominent summit of its kind since the 2015 Paris Climate Conference, which resulted in the Paris Climate Agreement. What happened at Cop26 On November 1 – day one at a glance Let’s take […]

    Saudi to bid to host Expo 2030 world fair

    Saudi Arabia intends to bid to host the Expo 2030 world fair, Saudi Crown Prince Mohammed bin Salman said on Friday, part of the de facto ruler’s push to transform the kingdom’s economy and diversify it away from oil, Reuters reports. The Saudi capital Riyadh has submitted a formal request to host Expo 2030 under […]

    Policies key to post-pandemic recovery in MENA – International Monetary Fund

    The MENA region’s post-pandemic progress and the policies that can help secure a more sustainable, inclusive recovery, said the International Monetary Fund (IMF) in a new report. The Middle East & Central Asia Regional Economic Outlook report was launched during an expert discussion on the state of recovery in the MENA region hosted by the […]

    G20 in Italy: eco-activists protests and climate alarm
    31 Oct 2021

    The protest rally took place in Rome on October 20 against the backdrop of the G20 summit. Fridays for Future climate activists and anti-globalization activists call on G20 leaders to pay attention to global environmental issues. What the man highlights of the day? According to Reuters, this is: Rich nations sound climate alarm as calls […]

    Route to net-zero emissions will cost the global economy $5 tr annually: BofA
    30 Oct 2021

    Bank of America’s report has warned that reaching net-zero will cost the global economy $5 trillion annually for the next 30 years. On the eve of the UN’s COP26 environmental conference in Scotland this month, where countries who signed the 2015 Paris Agreement to reduce carbon emissions will review their progress and outline policies to […]