climate change
Global Peatland Atlas 2024 – Endangered Natural Carbon Vaults
The United Nations Environment Programme (UNEP) has released the Global Peatland Hotspot Atlas 2024, highlighting the critical threats to these ecosystems across 177 UN member states. Peatlands are vital carbon storage systems and biodiversity-rich habitats, but their degradation is driven…
Trump’s Return and the End of American Climate Ambitions?
While Democratic Party supporters express their disappointment on social media and the media delve into “who’s to blame” for Kamala Harris’ debacle, Donald Trump is gearing up for his grand return to the political stage as President of the United…
Energy Initiatives at COP29 – What Can We Expect?
The 2024 United Nations Climate Change Conference (COP29) places significant focus on energy as one of the key sectors in combating climate change. In light of this, the COP29 Presidency has officially launched three energy initiatives, inviting stakeholders to lend…
COP29: New Initiatives and Financing for Combating Climate Change and Achieving Peace
The first week of the 2024 United Nations Climate Change Conference (COP29), held in Baku, has concluded, with the event running until November 22. As previously reported, the opening days were marked by several key moments. Among them was reaching…
Green Financing: Erste Bank as a Leader in Sustainable Investments and Energy Efficiency Support
By investing in more than 70 green projects so far, Erste Bank has significantly contributed to the reduction of harmful gas emissions, the increase of electricity production from renewable sources and the positive impact on local communities. These projects represent…
COP29: Climate Financing Set as a Priority
The United Nations Climate Change Conference 2024 (COP29) opened on November 11 in the capital of Azerbaijan, Baku, and will last until November 22. On the first day of the Conference, the COP29 Green Zone was opened to visitors. It…
Tree Planting in the Arctic Could Accelerate Global Warming, Scientists Warn
Tree planting is widely promoted as a cost-effective way to reduce global warming due to trees’ ability to store large amounts of carbon from the atmosphere. However, an international group of scientists argues that planting trees in northern regions may…