Key Impact Points: ESCAP Sounds Alarm on Disproportionate Impact of New US Tariffs The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has warned that the latest US tariff hikes—announced on April 2, 2025—could devastate exports from several Asia-Pacific countries. With a new average tariff rate
This April, President Donald Trump announced a series of tariffs that have significant implications for the U.S. clean energy sector. These measures include a universal 10% import tariff on all goods, with higher rates for specific countries, notably a cumulative 54% tariff on Chinese imports. Impact on Clean Energy
Key Impact Points: Limited Tariff Impact The global tariffs announced by US President Donald Trump last week will have minimal effects on Asian solar imports, according to a recent report from BMI, a Fitch Solutions consultancy unit. BMI expects only a slight decrease in solar imports, primarily due to pre-existing
Key Impact Points: Tariffs Trigger Market Crash President Donald Trump announced sweeping tariffs, labeling the move “Liberation Day.” This includes a universal 10% levy on all imports, with substantial increases targeting China (54% total) and the European Union (20%). The news triggered panic on Wall Street, causing a $2.5 trillion
US President Donald Trump’s new trade war will not only send shockwaves through the global economy – it also upsets efforts to tackle the urgent issue of climate change. Key Impact Points: Trump’s Tariff Expansion President Donald Trump announced sweeping tariffs, imposing a minimum 10% duty on all imports to
Key Impact Points: Strategic Leadership for Climate Action Brazilian President Luiz Inácio Lula da Silva has selected entrepreneur Dan Ioschpe as the High-Level Climate Champion for COP30, set to take place in Belém, Brazil, this November. Ioschpe’s role is crucial for driving ambitious global climate action through collaboration between governments,
Key Impact Points: Immediate Fallout from Funding Freeze More than 200 health facilities run by the World Health Organization in Afghanistan have been forced to close or halt operations following severe funding cuts implemented under former President Donald Trump’s administration. This has abruptly terminated vital medical services such as vaccinations,
Key Impact Points: A Dangerous Moment for U.S. Science More than 1,900 prominent scientists and engineers have publicly warned that the Trump administration’s aggressive targeting of universities and research institutions poses severe threats to the future of American scientific innovation. In an open letter published Monday, members of the National
Key Impact Points: Major Global Conservation Efforts in Jeopardy A wave of uncertainty is sweeping through hundreds of wildlife conservation projects globally following U.S. funding reductions initiated under the Trump administration. Once a lifeline for initiatives protecting critical habitats and endangered species, cuts to USAID and related agencies are now
Key Impact Points: Weimar+ Urges Immediate Ceasefire, Rejects Russia’s Conditions The Weimar+ alliance—including France, Germany, Poland, Italy, Spain, Britain, and EU foreign policy chief Kaja Kallas—announced on March 31 it will increase support to Ukraine while evaluating tougher sanctions on Russia, Reuters reported. The ministers urged Moscow to accept an
