Colombia’s President Gustavo Petro announced last week that his government will “withdraw from the international investment arbitration system because the courts end up resolving disputes in favour of private entities”. The move follows an open letter to Petro from 200 international economists – among them Nobel prize winner Joseph Stiglitz and French economist Thomas Piketty […]
Faced with long queues and eye-watering prices, filling up has been a painful experience for South Asia’s many self-employed drivers since the Iran war unleashed turmoil in global energy markets. But in Nepal, above-average rates of electric vehicle (EV) adoption among minivan drivers like 52-year-old Gyanu Pattel have helped to soften the blow. A year […]
A lack of money is hampering the work of the Intergovernmental Panel on Climate Change (IPCC) and a substantial funding boost is needed to ensure its scientists can complete their next set of flagship reports, the chair of the UN body has warned. Funding from governments fell in 2024 and 2025 and the organisation could […]
Business has never been as brisk for Nigerian solar panel retailer Samuel Okechukwu and his team of installation technicians, who are struggling to keep up with orders since the Iran war caused local fuel prices to double. “There’s too much work, I’m even having to outsource some services to keep up with the work rate,” […]
Forty-six countries, including major oil, coal and gas producers such as Canada, Australia, Brazil and Norway, have confirmed they will attend next month’s first conference on speeding up the global shift from fossil fuels, the Colombian government said on Tuesday. The summit, being held in the Colombian port city of Santa Marta from April 24-29, […]
The UN’s flagship climate fund has selected five locations for its new regional offices, a move aimed at bringing it physically closer to developing countries and making its finance easier to access. After fraught discussions during a meeting last week, the board of the Green Climate Fund (GCF) decided in a secret vote on Saturday […]
Farmers and fishermen in the Maldives have long relied on an ancient calendar to guide their daily lives. The Nakaiy system divides the year into 27 distinct periods, each named after a star or constellation in the night sky. Any one period in the calendar tells you about expected weather and tidal patterns, navigational routes, […]
A group of farmers plans to sue the developers of the East African Crude Oil Pipeline (EACOP) in a British court, claiming the project breaches the Ugandan constitution and climate and environment law. In a previously unreported letter before action, sent to the developers’ UK-based arm in January, the farmers say they and their livelihoods […]
Pepukaye Bardouille is the Director of the Bridgetown Initiative and Special Advisor in the Prime Minister’s Office of Barbados. Kerrie Symmonds is Barbados’ Minister of Energy and Business and Senior Minister coordinating Productive Sectors. When conflict erupts in one region, consequences can reverberate across the globe. Beyond the tragic human toll, the economic impact is […]
A Dutch startup thinks it has the answer to two of Europe’s biggest energy transition conundrums – long-duration storage batteries that are free from critical minerals and powered by rust. In a pilot project in February, Amsterdam-based Ore Energy supplied four days of uninterrupted power to a research facility operated by France’s EDF electricity utility […]
