Sinkholes in Turkey’s agricultural heartland are spreading at an accelerating pace, carving through fields in the country’s central Konya Basin as drought and groundwater depletion place growing strain on one of Turkey’s most important food-producing regions. Across farmland producing maize, wheat, and sugar beet, vast craters have opened without warning,
KKR has launched a new European rail leasing platform through a strategic partnership with Vienna-based Green Mobility Partners, marking a significant private capital move to accelerate rail electrification and modernisation across Europe. Under the agreement, KKR has acquired a majority stake in Green Mobility Partners (GMP), providing capital and strategic
Japan has announced a new package of Japan clean energy investment subsidies worth 210 billion yen ($1.3 billion), aiming to accelerate the use of decarbonised electricity across industry while strengthening regional economies and reducing reliance on imported fossil fuels. The subsidies, unveiled by a senior official at the Ministry of
The Trump administration has suspended leases for five large offshore wind projects already under construction along the U.S. East Coast, invoking national security concerns in a move that immediately rattled energy markets and intensified a widening confrontation with coastal states over energy policy and federal authority. The decision, announced Monday
The U.S. Equal Employment Opportunity Commission is moving to scrutinize corporate diversity, equity and inclusion (DEI) programs, setting up a legal and political test of how far federal civil rights enforcement can go under President Donald Trump’s administration. The shift, led by the agency’s new chair, Andrea Lucas, signals a
The European Union has completed the legislative process to delay and simplify its landmark deforestation law, formally resetting the implementation timeline for one of the bloc’s most far-reaching trade and environmental regulations. On Thursday, the European Council adopted amendments to the EU Deforestation Regulation (EUDR), confirming a one-year postponement of
THIMPHU, Bhutan — In a move that is quietly reshaping how nations think about climate aligned finance, the Kingdom of Bhutan has allocated up to 10,000 Bitcoin, valued at close to one billion dollars, to support long term national development. The allocation will help fund Gelephu Mindfulness City, Bhutan’s flagship
The Development Bank of Latin America and the Caribbean (CAF) has approved USD 3.175 billion in new financing to advance sustainable development across Latin America and the Caribbean, reinforcing its role as one of the region’s most influential multilateral lenders. The approvals were made during CAF’s Board of Directors meeting
The U.S. Government’s announcement that it plans to dismantle the National Center for Atmospheric Research, one of the world’s most influential climate and weather research institutions, has triggered widespread concern across the scientific community and among policymakers at home and abroad. Founded in 1960 and based in Boulder, Colorado, the
Tanzania has secured approval from the Global Environment Facility for a US$6 million initiative aimed at safeguarding some of the country’s most critical coastal and marine ecosystems, advancing a national effort to link climate resilience, biodiversity protection, and inclusive blue economy growth. The project targets the Tanga–Pemba Seascape, a stretch
