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Warm, dry winter signals escalating climate challenge in Afghanistan

18 February 2024

Afghanistan is already grappling with its worst drought in three decades, contributing to the deep economic slump.

IIF’s pessimistic scenario forecasts dire results for the Middle East if a regional war breaks out

16 February 2024

The recent escalation in hostilities in the Middle East between Israel and Hamas has heightened the risk of a wider and prolonged conflict that would significantly impact the global economy and have dire consequences for the Middle East.

World must invest $8 trillion in renewables by 2030 to meet COP28 goal

14 February 2024

Investment of as much as $8 trillion in renewable energy and half of that in grids and storage is required to meet the goal of tripling renewable energy capacity by 2030, as agreed at COP28 in Dubai in December.

Bulgaria and Romania to revive €6bn Danube hydropower project

14 February 2024

Neighbouring countries are updating old plans to build a major new hydropower plant on the Danube between Nikopol and Turnu Magurele.

Warning of new ice age in Europe as currents in the Atlantic approach a catastrophic tipping point

14 February 2024

The currents that circulate in the Atlantic are approaching a “tipping point” that will change the way water flows around the oceans of the world, which will have a catastrophic climate impact on countries around the world.

Austria mulls how to break free from Russian gas

13 February 2024

Austrian Energy Minister Leonore Gewessler said the government would look to end national gas company OMV’s long-term gas supply deal with Gazprom.

Ukraine prepares to export biogas to Europe

13 February 2024

Ukrainian authorities are poised to venture into the burgeoning market of biogas exports to Europe.

Hydrogen production and demand to grow in 2024, but only slowly

12 February 2024

Hydrogen production and use are expected to grow in 2024, but it remains very expensive to produce and transport, making progress slow.

Oil and gas companies to invest over $1 trillion in the next decade expanding production

12 February 2024

A report from climate campaign group Global Witness reveals that the fossil fuel sector is anticipated to allocate more than $1 trillion worldwide over the next decade for the expansion of natural gas production.