A Global Coalition Expands The Ocean Elders, a coalition of world leaders, scientists, and cultural icons devoted to protecting the planet’s oceans, has welcomed two new members: Lord Fatafehi Fakafanua, Speaker of Tonga’s Legislative Assembly, and Prince Hussain Aga Khan, a conservationist and acclaimed photographer. The additions expand a group
La Paz — Bolivia’s election this week did not deliver a clear winner. What it did deliver was a break from nearly 20 years of leftist dominance and a nation standing at the edge of profound change. The End of an Era Senator Rodrigo Paz Pereira, a centrist reformer, finished
GENEVA — The latest round of U.N. talks on a global plastics treaty ended in stalemate on Friday, with no draft text and no clear roadmap forward. The collapse, after nearly two weeks of negotiations, left delegates frustrated — but also, for many, relieved. By rejecting a watered-down agreement, negotiators
BELÉM, Brazil — The Brazilian government has delivered a blunt message to its fellow United Nations climate negotiators: the next major climate summit will not be moved. In a document sent to the 11-member Bureau of the UN Climate Change Conference — the group of senior negotiators and officials that
Key Impact Points: NEW YORK — At a time when Africa’s economic, demographic, and geopolitical influence is expanding at an unprecedented pace, the continent’s premier global business forum is returning to New York with a message: Africa is ready to shape the future of global markets. The Global Africa Business
Key Points: Africa at the Center of Global Transformation The Global Africa Business Initiative (GABI) has released its Unstoppable Africa 2024 Executive Summary, calling for a fundamental shift in how Africa’s economic narrative is shaped and financed. The report emphasizes building an inclusive financing model that addresses Africa’s unique challenges
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
