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NORTH AFRICA’S RENEWABLE POTENTIAL AND STRATEGIC LOCATION REINFORCE ITS ROLE IN ENERGY TRANSITION
North Africa – Algeria, Egypt, Libya, Morocco, Tunisia, and Sudan – faces significant challenges due to climate change, which increasingly disrupts the region’s economies that rely on agriculture, fishery and tourism. Climate mitigation efforts, including renewable energy deployment is therefore…
THE WORLD’S FIRST PLATFORM FOR MONITORING OCEAN SAND EXPLOITATION
The problem of mining sand from the ocean is not a new one. Large quantities of sand are mined and transported to be used in construction and other industries, however, not without consequences for the ocean. After water, sand is…
FROM JAMAICA TO THE SAHARA: THE STRUGGLE FOR WATER RESOURCES
Faced with the challenges of climate change and frequent droughts, people around the world are finding innovative ways to manage water resources. One such example comes from a rural settlement in Jamaica, where local residents use large rainwater collection tanks,…
EBRD loan to support green initiatives in Bulgaria and Greece
The European Bank for Reconstruction and Development (EBRD) is providing a 60 million euros loan to Bulgaria’s ProCredit Bank to finance investments that mitigate the impacts of climate change and promote environmental resilience. The proceeds of the loan will be…
EU food prices: olive oil up 75 percent since January 2021
After substantial increases in 2022, food prices in the EU continued to rise also in 2023. Data for the second and third quarters of this year show that the prices of some items registered a slower increase. In September 2023, prices of…
Doubling energy investment in Africa requires urgent action to bring down financing costs and boost access to capital
New report outlines innovative solutions for African countries to unleash the spending needed to achieve the continent’s energy and climate goals. Swift action to improve access to capital and ease financing costs is essential to unlock a wave of clean…
Declining electricity consumption in advanced economies is weighing on global demand growth this year
EU electricity demand set to drop to lowest level in 20 years, but with global consumption expected to increase strongly in 2024, growth of renewables is more important than ever. Overall growth in electricity demand worldwide is expected to ease…