Tag: economy
EBRD and Sparkasse Bank Makedonija Support Small Businesses in North Macedonia
The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in North Macedonia by providing a EUR 23 million loan to Sparkasse Bank Makedonija (SMB) for on-lending to local...
Global SUV Sales Set Another Record in 2021, Setting Back Efforts to Reduce Emissions
As the global economy has recovered strongly this year, car sales have rebounded too. Globally, they are set to grow by 4 percent in 2021, according to the auto industry tracker MarkLines,...
What Are the Biggest Risks to Business? New Data Shows Climate Concerns Are Rising
An overly simplistic view of global economics has fuelled climate denial and skepticism for decades. Some opponents of climate change mitigation policies argue that achieving any progress would require an impossible retrofitting...
The Next Wave – How to Beat Future Pandemics
Ebola, SARS, Zika, HIV/AIDS, West Nile fever and now COVID-19. These are some of the highest-profile diseases to emerge in the last several decades. And while they emerged in different parts of...
Don’t Pursue Economic Growth at Expense of Environment – Report
Pursuing economic growth at the expense of the environment is no longer an option as Europe faces “unprecedented” challenges from climate chaos, pollution, biodiversity loss and the overconsumption of natural resources, according...
How Global Tourism Can Be More Sustainable
One of the world’s biggest economic activities, tourism drives wealth, employment, and regional development.
In 2018, international tourist arrivals reached 1.4 billion, while total export earnings from international tourism reached USD 1.7 trillion,...
Oil Market Report: Economic Woes Hold Sway Over Geopolitics
While geopolitical tensions in the Middle East Gulf remain high, with US sanctions recently extended to more Iranian officials and a Chinese oil importer, as well as another tanker seizure, oil prices...
28,000 Jobs at Risk in North of England over Low-Carbon Economy
As many as 28,000 jobs will be lost in the north of England in the next 12 years under the government’s drive towards a low-carbon economy, a thinktank has warned.
The Institute for...
Cities Around the World Lay the Groundwork for a Zero-Waste Future
Cities around the world are pledging to reduce waste over the next 12 years in an effort to curb global warming and eventually become zero-waste cities. During the Global Climate Action Summit,...
Sustainability of Western Balkans Rising Public Debt Becomes Questionable
Yesterday, the regional study Public Debt on western Balkans was released in the framework of “Balkan Monitoring Public Finance” project. At the same time that was an occasion to discuss with the...
Scaling Up Climate Action ‘Could Provide $26tn to Global Economy’
Scaling up climate action in line with the Paris Agreement would deliver a $26 trillion (£20tn) boost to the global economy by 2030.
That’s according to the Global Commission on the Economy and...
A Paradise at Risk: Tulum Is an Eco-Destination That Will Soon Face Irreversible Damage
What once was a small fishing village, Tulum has quickly become one of the top tourist destinations in the world. Home to miles of pristine beaches, exotic wildlife, and the world’s largest...
The Impact of Architecture on the Environment
In 1987, the World Commission on the Environment and Development defined sustainability as a process of meeting the present needs without compromising future generations and their needs. This definition can be expounded...
Egypt Set to Open Its First Solar Farm – and It’s the Largest in the World
Egypt has long relied on environmentally taxing fossil fuels. Over 90% of electricity is generated from oil and natural gas, and the country subsidizes fossil fuels, making them a cheap option for...
Plans for ‘Green Corridor’ along HS2 Railway Line
Plans to deliver a “green corridor” with seven million new trees and shrubs alongside the High Speed Two (HS2) railway line have been set out.The Phase One route, which covers 216km from...
