The government will support industry’s transformation in a bid to meet the country’s 2040 net-zero emission target by focusing on supporting new ways of production.

The reaction from the US was unambiguous.

After an extreme weather event, such as Hurricane Ian which devastated parts of Florida last month, most Americans choose to rebuild rather than move to less hazardous areas.

Two Egyptian partners with extensive experience as angel investors have launched a venture capital fund targeting pre-seeded startups, primarily from the Middle East and Africa, that develop nature-positive and sustainable solutions to address climate change.

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Charles Michel, the president of the European Council, has called on EU countries to “take a quantum leap” and act more collectively ahead of an EU summit focused on the ongoing energy crisis next week.

With Russia’s war in Ukraine, the European Commission is rediscovering the virtues of bioeconomy for the EU’s energy independence and food security.

Climate activist Greta Thunberg told German public television on Tuesday that she would consider it a mistake to switch off existing nuclear power plants and to focus on coal instead to generate electricity.

The managing director of the International Monetary Fund, Kristalina Georgieva, indicated for her part that the world cannot afford inflation to continue to rise for too long and become a “runaway train”.

A heavy truck undergoes a test on the assembly line of the heavy truck capacity expansion project at the Shaanxi Automobile Holding Group in Xi’an, northwest China’s Shaanxi Province, on September 27 (XINHUA)