bneGREEN

World Meteorological Organisation issues ‘red alert’ on climate crisis

bne IntelliNews March 27, 2024

The UN’s World Meteorological Organisation has issued a “red alert” on the climate crisis, citing unprecedented increases in 2023 in greenhouse gases, land and water temperatures and melting of glaciers and sea ice.

Rain, rain go away

Ben Aris in Berlin March 27, 2024

The hotter the world gets, the more water the air can hold and the more it will rain.

North Macedonia aims to attract almost $600mn for green transition

Valentina Dimitrievska in Skopje March 20, 2024

Skopje secures $85mn from Climate Investment Funds in first step towards coal phase-out.

Only seven countries meet WHO air pollution guideline

by Roberta Harrington in Los Angeles March 19, 2024

IQAir’s 6th Annual World Air Quality Report reveals “troubling details” of the world's most polluted countries, territories and regions in 2023.

China’s EV giant BYD wants curbs on “disorderly” imports in line with move into Uzbekistan

bne IntelliNews March 19, 2024

Critics of potential move say it could be bad news for the consumer.

EM winners and losers from the global green transformation

Ben Aris in Berlin March 19, 2024

The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.

Cheap coal from Putin fires Turkey up the dirty power generation league

Akin li in Belgrade March 18, 2024

Country dislodges Poland from second spot in Europe for electricity made with coal. Ankara took advantage of lower Russian shipment prices caused by EU embargo.

NGO warns Bulgaria over plans to swap coal for fossil gas

bne IntelliNews March 14, 2024

CEE Bankwatch says Sofia's intention to replace coal-fired with gas-fired power plants is unfeasible given it has no strategy or financial plan.

Czech giga factory greenlighted by environmental organisations

Albin Sybera March 14, 2024

Czechia has one of the world's largest car-making industries per capita, but it is struggling to transition to electro-mobility without a battery plant.

Slovenia’s GEN-I eyes €50mn green bond issue

bne IntelliNews March 13, 2024

Green bond issue to be the second by a GEN-I Group company, with the aim of supporting transformative green projects.

Kazakhstan positions itself for lithium windfall

Eurasianet March 8, 2024

The National Geological Service says the country has lithium reserves of around 75,600 tonnes.

EU's CBAM poses financial threat to Ukrainian producers during wartime

bne IntelliNews March 8, 2024

The introduction of the European Union's Carbon Border Adjustment Mechanism (CBAM) in 2026 could potentially impose big new financial strains on Ukrainian producers, costing them millions in lost trade, unless the EU offers exemptions due to the war

Energy-related CO2 emissions increased last year, but slower than in 2022, says IEA

bne IntelliNews March 6, 2024

In 2023, global CO2 emissions from energy rose at a slower pace compared with the previous year.

Kyrgyzstan, Tajikistan cheer as CASA-1000 sputters back to life

Eurasianet March 6, 2024

The World Bank will provide money to complete Afghan section of the project, but it is keeping close tabs on funds.

EU wants fossil fuel companies to help pay to fight climate change

by Roberta Harrington in Los Angeles March 6, 2024

The European Union plans to urge the fossil fuel industry to aid in combating climate change in less affluent countries under a United Nations objective, a preliminary document reveals.

Sarytogan “going nuclear” with Kazakhstan-sourced graphite purified beyond “five nines” level

bne IntelliNews March 6, 2024

High-grade carbon element used in fission reactors expected to fetch super-premium prices. Company share price surges on ASX.

Kyrgyzstan battles climate crisis with artificial glaciers

bne IntelliNews March 4, 2024

Cheap and simple process creates ice deposits from piped water redirected from mountain springs. Ice towers of up to 50 metres appear.

Climate alarm bells ringing loud as planet enters uncharted territory in 2024 – in charts & graphs

Ben Aris in Berlin February 28, 2024

“Life on planet Earth is under siege. We are now in an uncharted territory. For several decades scientists have consistently warned of a future marked by extreme climatic conditions because of escalating global temperatures."

Jellyfish invasion threat to Turkey’s tourism ambitions

bne IntelliNews February 28, 2024

Already battling “sea snot”, country’s scientists warn enormous swarms of the unsightly stingers threaten resort hotspots.

Antarctic ice melt barriers disappearing twice as fast

by Roberta Harrington in Los Angeles February 28, 2024

Undersea anchors of ice that help prevent Antarctica’s land ice from slipping into the ocean are shrinking at more than twice the rate compared with 50 years ago, research shows.

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