Search Results for: Climate change

The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).  Other financiers include the UK Infrastructure Bank, which will focus on the stretch within UK maritime and land territory, and the Japan Bank for International Cooperation (JBIC).…

In 2019, before Covid-19 knocked the industry off a seemingly unstoppable growth trajectory, 95 billion gallons of fuel was burned by commercial airlines worldwide said statistical service Statista.

Speaking to Petroleum Review, International Civil Aviation Organisation (ICAO) deputy director for environmental protection Jane Hupe said analysis undertaken by the UN agency found “that, by 2050, it would be physically possible to meet 100 percent of international aviation jet fuel demand with sustainable aviation fuels, corresponding to a 63 percent reduction in emissions.”…

Britain’s open register of beneficial ownership was groundbreaking worldwide but its effectiveness as a bulwark against money laundering is being debated, even as both the European Union (EU) and the US move ahead at varying pace to replicate the system. The question of whether BO registers should be open or closed is one that is being discussed in countries around the world.…

The Canadian automotive industry has welcomed the final text of the United States-Mexico-Canada Agreement (USMCA) trade deal, which includes new flexibility over steel supplies to the North American automotive manufacturing industry.

David Adams, president, Global Automakers of Canada (which represents all Canadian auto manufacturers except for the Big Three), said the new amendments reflected Canadian government thinking and that now he expected “all three countries will work to ratify expeditiously….”,…

The US-China trade war that has been hindering commerce since 2018 has hit the Chinese clothing and textile export sector severely, but companies that have invested in manufacturing sites outside China have been better protected, Esquel CEO John Cheh has told just-style.…

GLOBAL and regional public policies promoting environmental good practice and fighting climate change have long encouraged the growth of renewable energy production. And with concern about global warming sharpening, these goals – pushed by international and regional organisations and development banks – are here to stay.…

Corruption, bribery and fraud are now perceived as the biggest risk to commercial health by Indian businesses, domestically and foreign-owned says the India Risk Survey 2019. This is a major change compared to 2018, when the survey put these risks at the eighth most serious concern, behind cyber-insecurity, natural hazards, fire, terrorism, governance instability, labour unrests and general crime.…

IMPORTERS of paints into Japan have been given four time-windows in 2020 to secure ‘small volume permits’ under which coatings can be brought into Japan without any new chemical components being declared to regulators. This special exemption applies to imports of a product into Japan under one tonne per year, says the Japanese Chemical Substances Control Law.…

It is especially vulnerable to climate change given much of the country is low lying, with its communities built on the deltas of the Brahmaputra and Ganges rivers. His articles have documented how climate change is causing alarming erosion and landslides contributing to economic dislocation and uncontrolled migration.…

THE DEVELOPMENT and use of hydrogen-fuelled automobiles is starting to gather pace in the European Union (EU), with the EU’s executive, the European Commission encouraging growth in this environment-friendly segment as it pursues a goal of achieving a climate-neutral Europe by 2050.…