A funding system built on assessed obligation is absorbing stress from a single capital. A transfer of roughly $160 million from Washington has marginally reduced more than $4 billion in outstanding U.S. dues to the United Nations, narrowing arrears that now account for more than 95 percent of all unpaid
In N’Djamena, climate finance is no longer an abstract pledge debated in distant capitals. It is a question of timing. The Green Climate Fund has committed to mobilise at least $100 million in support of Chad’s climate priorities, subject to board approval, marking an accelerated programme of action for a
In London, climate diplomacy did not wait for Washington. California Governor Gavin Newsom signed a memorandum of understanding with UK Energy Secretary Ed Miliband deepening cooperation on climate and sustainable development, formalizing an alliance that positions California as a subnational actor in global climate governance. The visit concluded with UK
A wager on infrastructure, not just software New Delhi — India is placing a long wager on the infrastructure that will determine who leads the next technological era. This week, Adani Group said it plans to invest $100 billion over the next decade to build a nationwide network of AI-ready
Addis Ababa — As the 39th Ordinary Session of the Assembly of Heads of State and Government of the African Union concluded this weekend in Addis Ababa, the mood was measured, strategic, and quietly consequential. Africa’s leaders left with a shared understanding that the continent is entering a decisive phase,
Munich this year was about reassurance, but not comfort. At the Munich Security Conference, the tone shifted markedly from last year’s sharp exchanges to something more controlled and deliberate. The change was not cosmetic. It reflected an alliance adjusting to political shock, strategic uncertainty, and the aftershocks of decisions made
The transition of the Philippine energy landscape is increasingly defined by the entry of specialized international capital into isolated grid environments. A 30 million dollar bridge loan acquisition facility now supports the transfer of the 16MW wind and 6MW storage project of Philippines Hybrid Energy Systems Inc to Verdant Energy.
In Washington, the scaffolding of federal climate regulation did not collapse in a single vote. It was dismantled at its base. The Trump administration has formally repealed the 2009 “endangerment finding,” the scientific determination that greenhouse gas emissions threaten public health. With it, the Environmental Protection Agency eliminated federal tailpipe
In Bangkok’s financial district, the screens show familiar contracts: equities, currencies, index futures. What is changing is not visible in the tickers, but in the legal architecture beneath them. Thailand has approved amendments to its Derivatives Act that will allow cryptocurrencies and carbon credits to serve as underlying assets in
Every second, the equivalent of a rubbish truck full of clothes is dumped into a landfill or incinerated. In Europe, between 4% and 9% of all unsold textiles, specifically items that have never been worn, are destroyed annually. This produces carbon emissions roughly equivalent to the total net output of
