Pakistani army to sideline Islamabad over China’s $62bn infrastructural project

Pakistani military seeks greater control over China’s $62bn infrastructural project “Belt and Road Initiative” (BRI) in the country. The army, with close ties with Beijing, is muscling Pakistani government out China’s BRI project in the country with a bill that will cede more responsibility to the army to implement the…

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Hydrogen-powered driving company Nikola makes green solutions look sexy

When it comes to transportation and other industries heavily dependent on fossil fuels, what does create a stronger emotional commitment than the image of a Huracán 5.2 V10? Perhaps nothing, as far as the vast majority of zero CO2 emission vehicles look like Fred Flintstone’s “car”. However, Nikola’s founder Trevor…

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Investors demand corporate financial statements to incorporate climate change risks

A growing number of investors, among which we find Calpers, Schroders, DWS and Sarasin & Partners, have been pressuring firms and auditors to include material climate change risks into financial statements. Investors fear that companies accounting reports do not represent the real long-term outlook for many businesses as only a…

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Covid-19 has led to a surge in consumption of single-use, virgin plastic

While overall plastic demand is expected to fall this year due to the decrease in sales of cars, electronic appliances and construction activity, consumption of plastic destinated for single-use items has grown drastically during the last months due to the coronavirus pandemic. International Solid Waste Association (ISWA) estimates that the…

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Trump continues to weaken environmental regulations during Covid-19 pandemic

Since the beginning of his mandate as president of the United States, Trump has dismantled 100 environmental rules concerning air and water pollution, emissions, drilling and extraction, infrastructure projects, toxic substances and safety, animal protection, and many others. With 66 rules already been officially canceled and 34 undergoing the revocation…

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Coronavirus reducing CO2 emissions

The global health crisis, COVID-19, is reducing carbon emissions more than any policy as ever done before. The COVID-19 viral disease that has swept into at least 114 countries, killing approximately 30,000 people and infecting more than 600,000, is now officially a pandemic, the World Health Organization announced Wednesday. According…

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BlackRock’s Sustainable Investing Push

Whereas, in the early stages, responsible investing meant excluding from portfolio highly controversial and problematic stocks, such as gunmakers. Nowadays, responsible investment means selecting carefully the assets in portfolio and constantly monitoring to be investing in companies that behave in a sustainable way, respect human rights and environmental standards and…

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