Announced this week, Canada scrapped its 2026 electric vehicle sales mandate, abandoning one of its most visible climate policies at a moment when global climate ambition is colliding head-on with trade, geopolitics, and economic realism. The decision drops the requirement that 20 percent of new vehicles sold in Canada be
The race to secure green electrons for Europe’s digital infrastructure moved from contract to concrete reality in Italy this week. Enfinity Global has commenced commercial operations on the first solar asset within its 366 MW portfolio dedicated to Microsoft, marking a critical transition from development pipeline to active energy supply.
Across much of the United States this week, winter has asserted itself with force. Temperatures plunged well below seasonal norms. Wind chills reached dangerous levels. Schools closed, flights were canceled, and energy systems were pushed to their limits as Arctic air swept deep into the country. It was against this
A long-delayed wager nears the finish line Tanzania is preparing to conclude one of the largest energy investments ever contemplated in sub-Saharan Africa. A proposed $42 billion liquefied natural gas project, stalled for years by regulatory uncertainty and shifting commercial terms, is again moving toward agreement as the government seeks
Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, closed 2025 with one of the strongest performances in its history, reinforcing the power of scale, patience, and disciplined leadership in a volatile global economy. Managed by Norges Bank Investment Management, the fund generated a return of roughly 15
Today is the day it becomes official. The United States has formally exited the Paris Agreement, completing a yearlong withdrawal process and severing its participation in the world’s most consequential climate accord. With the notification period concluded, Washington is now outside the legal framework that has guided global climate cooperation
Masdar and UAE partners move to deliver round-the-clock renewable energy for Uzbekistan A major step toward always-on clean electricity is taking shape in Central Asia. Masdar, alongside UAE partners, has signed a new agreement with Uzbekistan Ministry of Energy to explore a gigascale, round-the-clock renewable energy project that could transform
COPENHAGEN — The greatest threat to the international system is not a lack of ideas or institutions. It is a growing temptation to look backward. That was the stark warning delivered this week by Amina Mohammed, speaking before members of Denmark’s Parliament in Copenhagen. Her message was unambiguous. In a
Nigeria has announced a $2 billion National Climate Change Fund, signaling a renewed push to accelerate clean energy development and climate resilient infrastructure in Africa’s most populous country. The initiative was unveiled by President Bola Tinubu during Abu Dhabi Sustainability Week, positioning Nigeria as a more assertive player in global
As Italy accelerates efforts to reinforce energy security and meet its climate targets, a pair of mid-scale solar projects in the country’s south has reached a decisive financial milestone. Zelestra has secured approximately €13 million in senior debt green financing from BPER to support the construction of two solar plants
