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Drawing Disaster-Preparedness Lessons From Tonga’s Volcano
The massive volcanic eruption off the coast of Tonga on 15 January produced a blast hundreds of times the strength of the Hiroshima nuclear explosion, according to NASA. The volcano and subsequent tsunami – which reached the United States, Peru,…
Albania: The first Contracting Party to adopt National Energy and Climate Plan
The Government of Albania adopted the first version of the National Energy and Climate Plan (NECP) on 29 December 2021. The draft of the Plan was submitted to the Secretariat, which provided detailed recommendations. Albania’s first NECP will continue to…
Economic Losses From Weather and Climate-Related Extremes in Europe Reached Around Half a Trillion Euros Over Past 40 years
Around 3 percent of all such events were responsible for 60 percent of the losses according to the EEA briefing. Economic losses and fatalities from weather- and climate-related events in Europe, which together with an updated EEA indicator assesses data on…
Europe: Electric Car Sales Surpass Diesel
In a milestone for the environment, Europeans purchased more electric cars than those powered by diesel last month. According to recent data, over 20 percent of new cars sold in Europe and the United Kingdom (UK) in December 2021 were…
“Through Technology we’re Going to Leave a Better Legacy” – Lucas di Grassi on Sustainable Development
For the first episode of 2022, Brazilian racing driver Lucas di Grassi joins the ABB Decoded podcast. A new ABB ambassador for Season 8, di Grassi talks about more than just his racing success – such as becoming Formula E…
EBRD Invests EUR 0.5 billion in Serbia in 2021
The European Bank for Reconstruction and Development (EBRD) delivered strong support to Serbia in 2021, with investments in the country last year reaching EUR 0.5 billion. Around 40 percent of these were in environmental infrastructure, green energy transition, the circular…
G20 Countries Can Help Close Climate Finance Gap by Investing in Nature-based Solutions
Climate failure ranks as one of the top risks in the Global Risks Report 2022, published by the World Economic Forum. A new report, titled The State of Finance for Nature in the G20, confirms the urgency of increasing net-zero…