Tag: Climate Change

As COP27 approaches we ask Global Leadership Forum member Geoff French (GF) about what needs to come next to deliver meaningful climate action.

INEOS has appointed Atkins to design a “world-scale” clean hydrogen plant adjacent to its new Grangemouth power plant. The plans will help it to convert the plant to burn clean hydrogen fuel as it transitions into a net zero carbon company by 2045, with planned reductions of 60% by 2030.

In a comprehensive analysis of growth in East Asia and the Pacific, the World Bank has warned that policy responses to distortions in food and energy markets may reduce funding for infrastructure, health and education.

The Asian Development Bank (ADB) has approved a $193 million loan for environmental improvement and low-carbon development in Heilongjiang, China. 

Asian Development Banks’s Masatsugu Asakawa warns that China’s slowdown, global financial instability, Russia’s invasion of Ukraine, and the threat of new Covid variants are serious threats to Asia’s economic recovery and development. 

Dr Akinwumi Adesina has told an audience in New York that huge opportunities for growth in Nigeria and Africa risk being held back by debt and climate change. 

The European Investment Bank (EIB) supports Italgas initiatives to reduce environmental pollution by improving the energy efficiency of residential buildings throughout the country. 

The European Bank for Reconstruction and Development (EBRD) extends financing to Yapi Kredi Leasing to expand opportunities for borrowers committed to green investments and climate risk mitigation. 

The Asian Development Bank (ADB) has warned that the last decade already saw 225 million people displaced by natural disasters and climate events, and the decades ahead will be worse. 

Babajide Olusola Sanwo-Olu: "The journey to drastically cut greenhouse gasses in our city, is a long one, but we cannot afford not to act. The cost of allowing rising sea levels and worsening climate events is too high."