COPENHAGEN — When policy reversals in Washington stalled offshore wind projects and stripped away clean energy subsidies this year, many renewable developers began looking for the exits. Denmark, however, is taking a different path. The Danish government, which owns a 50.1 percent controlling stake in Ørsted, the world’s largest offshore
Key Impact Points: Hedge Funds Reverse Energy Bets Hedge funds are moving away from oil stocks and warming to solar in a marked reversal from strategies that dominated since 2021. Bloomberg Green’s analysis of Hazeltree data shows equity-focused hedge funds, on average, were net short oil stocks for seven of
Key Impact Points: The Third UN Conference on Landlocked Developing Countries (LLDC3) concluded Friday in Awaza, Turkmenistan, with the adoption of the Awaza Declaration—a political commitment to accelerate sustainable development and resilience in the world’s 32 LLDCs. Held under the theme Driving Progress Through Partnerships, the four-day summit gathered heads
Key Impact Points: Geographic Disadvantages Limit Trade On average, LLDCs are 1,370 kilometres from the nearest port, making it harder to join global markets. Enhanced connectivity and digital infrastructure are essential to reduce trade barriers and tap into e-commerce opportunities. Heavy Reliance on Aid and Imports Over a third of
LLDCs Face Heightened Trade Risks New York – August 2025: Global trade uncertainties and rising tariffs are hitting Landlocked Developing Countries (LLDCs) harder than their coastal counterparts, according to a new UNDP policy paper, An Economic Diversification Push for LLDCs: Achieving the Awaza Programme of Action, launched at the Third
Geneva — August 2025: In a cavernous conference hall overlooking Lake Geneva, delegates from more than 170 nations filed into their seats this week, some clutching thick binders of draft text, others accompanied by advisers in tailored suits. Officially, they are here to finalize the world’s first legally binding treaty
From Landlocked to Landlinked For the world’s 32 landlocked developing countries (LLDCs), lack of direct sea access drives up transport costs, slows deliveries, and limits competitiveness. Climate change is adding to the strain, damaging roads, disrupting supply chains, and exposing fragile infrastructure to extreme weather. The Third UN Conference on
Key Impact Points: New Bloc for a Common Cause At the Third UN Conference on Landlocked Developing Countries (LLDC3) in Awaza, Turkmenistan, delegates agreed to form a new climate negotiating bloc under the UN Framework Convention on Climate Change (UNFCCC). The alliance will focus on advocating for the unique vulnerabilities
Key Impact Points: Political Will Meets Legislative Action At Monday’s Parliamentary Forum of the Third UN Conference on Landlocked Developing Countries (LLDCs), senior UN leaders stressed that without national legislative follow-through, a new decade-long development plan will fail to deliver. She noted LLDCs face deep structural disadvantages: 30% higher trade
Geneva, August 5, 2025 — Delegates from more than 170 nations gathered today at the United Nations’ Palais des Nations to begin the final scheduled round of negotiations for a landmark Global Plastics Treaty. The talks, known formally as INC-5.2, are widely seen as the world’s last best chance to
