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The Eurasian Development Bank (EDB) plans to invest at least $400mn in water and energy infrastructure in Central Asia over the next three years in an effort to boost economic growth and improve food security.
The global energy transition is “off-track”, aggravated by the effects of world-wide crises, says the International Renewable Energy Agency in a new report. A renewables investment of $35 trillion by 2030 is needed for the energy transition.
Trafigura, one of the world’s largest commodity traders, expects copper prices to rise by a third from its current levels due to a global shortage and hit $12,000 per tonne within the next 12 months.
Pristina aims to hike share of electricity from renewable resources from just 6.3% currently under new 2022-2031 energy strategy.
Russian President Vladimir Putin has declared Russia will store nuclear weapons in Belarus on March 25 in response to the UK announcement it will send depleted uranium shells to Ukraine.
The pace and scale of what has been done so far to combat climate change, and current plans, are insufficient to tackle the problem, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report.
The Georgian economy has bounced back fast from the series of sharp shocks of recent years, and rather than being dragged down by the polycrisis that has been unfolding.
Czech power group, which is 70% state-owned, said it could issue a record dividend of up to CZK117 a share.
Only one in four voters in Almaty, the country's largest city, cast their ballot.
The Black Sea grain export deal was extended for the full 120 days at the last minute on March 18, according to Ankara and Kyiv.
Document leaked ahead of general election raised fears about Bulgaria's financial stability.
Analysts predict the CPI to embark on an extended descent that might see the index down at around 10% y/y at the end of the year.
At the peak of the energy crisis in October, Slovenia imported 56% of its electricity.
The Western Balkan countries are following the path established by Central Europe that emerged as a prominent manufacturing and services hub early in the transition period.
Russia has brought in a new all-time high record harvest of 153mn-155mn tonnes of grain, President Vladimir Putin said during the visit to the Ulan-Ude Aviation Plant on March 14.
Saudi Arabia and Iran agreed to restore diplomatic ties on March 10, bringing an end to seven years of conflict between the two nations in a deal brokered by China that is expected to have wide-ranging consequences.
If promises are fulfilled, big gains for public purse and industries such as electric vehicles and renewable energy will be seen.
Inhabitants of Ekibastuz who were left without heating on freezing winter days have a much different understanding of the term “crypto winter” than digital money enthusiasts.
AE Solar’s factory to meet one-third of the EU market’s demand when it reaches full capacity as Europe seeks to reduce dependence on solar panel imports.