The ripples from Silicon Valley Bank’s collapse have flipped market expectations of Fed policy, from further rate rises to cuts by the end of the year. As inflation falls and the US economy slows, the Fed faces a trade-off between growth and inflation, with the added complication of ensuring financial …
Read More »Asia-Pacific must make a giant leap on its climate ambition
From renewable energy grids and green transport to risk management systems and climate finance, carbon neutrality must be at the heart of national development strategies. Source link
Read More »G20: Indonesia signs US$20 billion deal for ‘promising path’ to clean energy
The deal, signed on the sidelines of the G20 Summit in Bali, will see Indonesia reach carbon neutrality by 2050, a decade earlier than planned. Source link
Read More »Amid heatwaves and floods, time is short to make good on climate pledges
The current pledges of financial and policy support are nowhere near enough to meet the goal of limiting global warming to 1.5 degrees. Instead of protecting carbon-emitting industries, the world needs economic diversification and green jobs for a just, sustainable transition. Source link
Read More »From Covid to crew and climate crises, shipping is under the spotlight
This will be my last Christmas as chairman of the International Chamber of Shipping. As I prepare to hand over to Emanuele Grimaldi next June, I can say with some confidence that in my time, the shipping industry has had to navigate some its greatest challenges since World War II.From …
Read More »Greener buildings can help Hong Kong become carbon neutral by 2050
If Hong Kong is to achieve its goal of becoming carbon-neutral by 2050, businesses, communities and the government must all step up their efforts.We can start with decarbonising our electricity. The government already has an agreement with power companies to switch energy supplies from coal to natural gas as coal …
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