To tackle climate change, governments increasingly turn to green subsidies
Given the global concern about the existential threat posed by climate change, government subsidies aimed at spurring green technologies and...
World Economy
State and Trends of Carbon Pricing 2024: Positive progress on carbon pricing, but more is needed
Carbon pricing can be one of the most powerful tools available to policy makers to incentivize reducing emissions as part...
World hits streak of record temperatures as UN warns of ‘climate hell’
The average global temperature for the 12-month period to the end of May was 1.63 degrees Celsius (2.9 degrees Fahrenheit)...
IEA expects global clean energy investment to hit $2trn in 2024
Global investment in clean energy technology and infrastructure is set to hit $2 trillion this year, twice the amount going...
Higher exports from Nigeria, Iraq boost OPEC output by 145,000mbpd in May
Nigeria led other countries to lift output from the Organization of Petroleum Exporting Countries (OPEC) by 145,000 million barrels per...
Africa needs good entrepreneurs willing to drive continent’s future, says NJ Ayuk
Africa stands at the forefront of global youth demographics, boasting over 400 million individuals between the ages of 15 and...
How to prevent AI from worsening the next economic downturn
Gita Gopinath We are hearing about some of the extraordinary ways Generative Artificial Intelligence could benefit our societies, including helping...
African leaders advocate financial architecture to tackle climate, public finance
African Leaders have advocated for a reform of financial architecture that integrates climate change and public finance to liberate Africa. They spoke...
Global unemployment to fall in 2024 — UN
Global unemployment is set to fall slightly this year, a United Nations agency said Wednesday, reversing its previous prediction of...
Europe can reap sizable energy security rewards by scaling up climate action
Russia’s invasion of Ukraine triggered Europe’s worst energy crisis since the 1970s and put energy security back at the top...
