On November 30, the Japan International Cooperation Agency (JICA) signed a project finance loan agreement with Abydos Solar Power Company SAE in the Arab Republic of Egypt for the Kom Ombo solar power project. The project will be co-financed by the International Finance Corporation (IFC). Egypt has been actively increasing its power-generation capacity, mainly that […]
Work to combat climate change and enhance millet production: FM Sitharaman urges startups – EQ Mag
Bengaluru : Union Finance Minister Nirmala Sitharaman on Saturday appealed to startups to touch upon less glamorous areas including climate change, millet production and improving the condition of farmers. Addressing a national level summit to promote startups, Sitharaman emphasised more on climate change and asked the startups to find a solution to combat it as […]
How Do EV Chargers Work? – EQ Mag
In the wake of climate change and the world embracing clean energy, electric mobility is now more popular than ever. Public service electric trains and planes are already showing promising strides as vehicle owners transition to electric vehicles (EVs). An EV has many benefits, but perhaps the most outstanding one is saving on gas while […]
Ocean-based Carbon Dioxide Removal: 6 Key Questions, Answered – EQ Mag
The science is clear: We are not on track to limit temperature rise to 1.5 degrees C (2.7 degrees F) to prevent the most catastrophic impacts of climate change. Deeper, faster cuts to emissions are urgently needed across all sectors, and must be a central focus of climate policy. However, we have already added so […]
COP27: 12-month plan launched to boost green technologies to fight climate change – EQ Mag
New Delhi : Countries representing over half of the global GDP, including India and the US, on Friday set out a 12-month action plan at the UN climate summit in Egypt to help make clean technologies cheaper and more accessible everywhere to fight climate change. The UNFCCC said the plan includes 25 sector-specific “priority actions” […]
UK pledges more than $115 million to developing economies to tackle climate change – EQ Mag Pro
LONDON : Britain’s foreign minister James Cleverly on Monday will announce investments of more than 100 million pounds ($115 million) to support developing countries in their fight against the impact of climate change. “Mr Cleverly will also argue that long-term prosperity depends on taking action on climate change and ramping up investment in renewable energy […]
COP27 and the climate change impacts of Russia’s war with Ukraine – EQ Mag Pro
“Russia’s unprovoked attack on Ukraine has major direct, indirect, and induced impacts on global warming. Every missile or shot fired by Russia results in the release of unnecessary greenhouse gas emissions. All war is unnecessary, and all war has major local and global negative environmental impacts.” John R. Bryson, Professor of Enterprise and Economic Geography, […]
COP27: Who is paying for climate change loss and damage? – EQ Mag Pro
Global warming is leading to ever more extreme natural events and more damage. Countries in the Global South are demanding compensation for climate change they say wealthier nations, like Germany, caused. Eric Njuguna is angry. The 20-year-old environmental activist is witnessing the devastating changes a warming planet is bringing to Kenya. People are losing their […]
COP27’s Success Hinges on Loss and Damage Finance Discussions – EQ Mag Pro
Since the monsoon season started in June, the worst floods in Pakistan’s history have killed 1,700 people and left more than 33 million homeless. One-third of the entire country was under water at one point, decimating its crops, destroying clean water sources and infrastructure, and causing $40 billion in damages. The destruction is projected to […]
Identifying opportunities and starting to build a new green business in the industrial sector – EQ Mag Pro
As climate change intensifies, industrial companies will need a new approach for developing sustainable products and services. The industrial sector—including automotive, machinery, and semiconductors—has never hesitated to explore new businesses. It has already produced some of the world’s most advanced technological innovations, such as leading-edge electronics and state-of-the-art transport systems. Now, it is deeply enmeshed […]