Key Impact Points: False Optimism Amid Economic Chaos African governments, including Kenya, have attempted optimism despite America’s tariff disruptions. Kenya’s Ministry of Trade highlighted a minimal 10% tariff impact, hoping to attract foreign direct investment (FDI). Others suggested low African trade volumes with the U.S. might buffer the continent. Yet,
Key Impact Points: Trump Moves to Undermine State Climate Regulations President Donald Trump has issued an executive order aimed at halting state-level efforts to limit fossil fuel use and curb climate change. The directive, released Tuesday, tasks the U.S. attorney general with identifying and blocking state laws that target carbon
Key Impact Points: New York Moves to Require Annual GHG Emissions Reporting As part of its Climate Leadership and Community Protection Act (Climate Act) implementation, the New York State Department of Environmental Conservation (DEC) has released draft regulations for a Mandatory Greenhouse Gas Reporting Program (6 NYCRR Part 253). The
Key Impact Points: ESCAP Sounds Alarm on Disproportionate Impact of New US Tariffs The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has warned that the latest US tariff hikes—announced on April 2, 2025—could devastate exports from several Asia-Pacific countries. With a new average tariff rate
Key Impact Points: Limited Tariff Impact The global tariffs announced by US President Donald Trump last week will have minimal effects on Asian solar imports, according to a recent report from BMI, a Fitch Solutions consultancy unit. BMI expects only a slight decrease in solar imports, primarily due to pre-existing
Key Impact Points: Tariffs Trigger Market Crash President Donald Trump announced sweeping tariffs, labeling the move “Liberation Day.” This includes a universal 10% levy on all imports, with substantial increases targeting China (54% total) and the European Union (20%). The news triggered panic on Wall Street, causing a $2.5 trillion
US President Donald Trump’s new trade war will not only send shockwaves through the global economy – it also upsets efforts to tackle the urgent issue of climate change. Key Impact Points: Trump’s Tariff Expansion President Donald Trump announced sweeping tariffs, imposing a minimum 10% duty on all imports to
Key Impact Points: Immediate Fallout from Funding Freeze More than 200 health facilities run by the World Health Organization in Afghanistan have been forced to close or halt operations following severe funding cuts implemented under former President Donald Trump’s administration. This has abruptly terminated vital medical services such as vaccinations,
Key Impact Points: A Dangerous Moment for U.S. Science More than 1,900 prominent scientists and engineers have publicly warned that the Trump administration’s aggressive targeting of universities and research institutions poses severe threats to the future of American scientific innovation. In an open letter published Monday, members of the National
Key Impact Points: Funding at Risk for Major Carbon Capture Hubs The U.S. Department of Energy (DOE) is considering cutting hundreds of millions of dollars in grants to major carbon capture hubs in Texas and Louisiana, according to anonymous sources familiar with the matter. These Direct Air Capture (DAC) hubs
