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Tourists Are Trashing the World’s Tallest Mountain, So China Has Banned Them From Its Base Camp
China has closed its Everest base camp to tourists because of a buildup of trash on the world’s tallest mountain. The move comes as the Tibet Autonomous Region Sports Bureau said it had collected 8.4 metric tons (approximately 9.3 U.S.…
Decarbonisation ‘Could Leave Fossil-Fuel Economies Stranded’
Global decarbonisation could turn fossil fuel-reliant economies into ‘stranded nations’ unable to unlock the value of carbon-based assets and infrastructure. These are the findings of a new World Economic Forum study, which shows the world’s sovereign wealth funds collectively own…
IKEA Buys 25% Stake in German Offshore Wind Farm
Ingka Group, a company which owns most of the IKEA stores, has bought a 25% stake in an offshore wind farm in Germany. It has paid more than €200 million (£174m) for the stake in Veja Mate, which consist of…
Apply to Become a Swedish Institute Innovation Leader in the Western Balkans!
The aim of SI Innovation Leaders (SIIL) is to contribute to the innovation ecosystem in the western Balkan region. The goal is to create a platform for knowledge exchange and problem solving between innovation field experts within private sector, public…
Banning Single-Use Plastics ‘Could Lead to Higher Carbon Emissions’
Banning single-use plastics could lead to higher carbon emissions. That’s according to a new report published by BP, which says a worldwide ban on the use of plastics for packaging and other single-use purposes from 2040 onwards would lead to…
Reduced Deforestation in Indonesia Triggers Carbon Payment from Norway
Indonesia can now receive payments from Norway after the Southeast Asian country reduced emissions from deforestation. It will be the first payment for reducing around 4.8 million tons of carbon emissions under the Norwegian International Climate and Forest Initiative between…
EU invests €116m in climate and environmental projects
The European Commission has announced an investment worth €116 million (£102m) to support 12 large-scale environmental and climate projects. They are being funded under the LIFE programme for the Environment and Climate Change, which has a budget of €3.4 billion…