Countries have different energy priorities due to factors like the availability of energy resources, geopolitics, the population size, environmental considerations and excessive use of energy, the needs of industry, and the availability…
Category: climatechange
Developing Countries Need Debt Relief to Act on Climate Change
While developed economies have pledged to increase climate financing sharply by 2030, developing-economy policymakers are struggling to cover the costs of action. With medium-term strategies being used to address a short-term threat,…
UN climate chief calls for $2.4tn inclimate finance
The world needs to mobilise at least $2.4tn to keep global climate change goalswithin reach, the United Nations climate chief said in a speech yesterday. Simon Stiell, executive secretary of the UN…
Cheap imports threaten US solar panel production boom
US companies have announced plans to build dozens of solar panel factories across the country since last year when President Joe Biden’s signature climate law unleashed billions of dollars of subsidies, raising…
What can COP28 achieve?
COP season is almost here. For the climate-conscious, the annual Conference of the Parties of the UN Framework Convention on Climate Change (UNFCCC) is a fixture of the late-year calendar and an…
Climate crisis won’t solve on its own: need to walk the talk
We need all governments to step up and agree to phase out unabated fossil-fuel use. We need reforms to make our financial institutions and systems fit for purpose. And we need to…
The Climate Elephants in the Room
May 19, 2023PINELOPI KOUJIANOU GOLDBERG As tempting as it is to rely on multilateralism to solve a shared global problem like climate change, the world simply does not have the time for…
Climate change continues to causeuncertainties for commodity prices
It can alter rainfall patterns, increase temperatures, and cause extremClimate played a major role in commodity prices last year and looks like doing so again in 2023. Scorching heatwaves in the northern…
The High Cost of Carbon Pricing
Amid the growing enthusiasm for carbon border taxes, Western policymakers have largely ignored the negative impact on the world’s poorest countries. For carbon-pricing policies to succeed, developed countries must show their commitment…
Green power is the first domino
As world leaders convene at the UN Climate Change Conference (COP27), it is obvious to all that bolder action is needed to avert disaster. The UN warns that global efforts to reduce…