The return of an isolationist and transactional approach to international relations, along with policy shifts under the new US administration, will not only disrupt economies but also erode trust, making it exponentially harder to forge collective agreements. In such a scenario, climate action risks being sidelined at precisely the moment when it should be a…
According to Financial Times (FT), the Bezos Earth Fund was one of the largest funders of the SBTi which Bezos helped establish five years ago. The $18m grant from Earth fund, originally set to be a three-year commitment, was extended in 2021 but expired last year as planned. This financial support had been essential in…
The lithium market has entered a period of price decline, mainly because of weaker demand conditions and an oversupply of lithium carbonate in key regions. In October, seaborne lithium carbonate prices for Asia dropped by 3.8%, hovering around $10,000 per metric ton, according to S&P Global Commodity Insights analysis. The price dip reflects the seasonal…
BRUSSELS, Sept 17 – European Commission President Ursula von der Leyen on Tuesday nominated her candidates for posts in the EU executive. Who’s who in top picks for European Commission Each of the EU’s 27 member states gets a seat at the Commission table. Here are some of the key posts and nominees: BUDGET Piotr…
A fresh subsidy scheme to speed up adoption of electric vehicles (EVs) is to be rolled out. The PM Electric Drive Revolution in Innovative Vehicle Enhancement will give ₹10,000 as subsidy for each electric 2-wheeler sold till March 2025 and ₹50,000 apiece for battery-run 3-wheelers. These are a welcome impetus for India’s efforts to decarbonize…