The Basel Committee, a global banking watchdog, has urged banks to start disclosing how climate change…
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AfDB Approves $131m Loan for Egypt’s Green Economy
The African Development Bank (AfDB) has approved a $131 million loan to Egypt to bolster its…
Mozambique Approves $80bn Energy Transition Plan
A senior energy official said that Mozambique has approved an ambitious new energy transition plan until…
Soregies Group Gets €250m Loan for Renewables, Grids
The European Commission has disclosed that the European Investment Bank (EIB) has agreed to lend €250…
Spain’s Endesa Cuts Profit, Dividend Outlook After LNG Ruling
Spanish power utility Endesa cut its profit and dividend outlook today as it pledged to invest…
Australia Boosts Spending on New Renewable Energy Projects
Australia’s Energy Minister, Chris Bowen, has said Australia will step up spending to underwrite new wind,…
Nigeria, Germany Sign $500m Renewable and Gas Export Deal
Nigerian and German companies have signed two pivotal agreements in Berlin. In a statement on Tuesday…
European Parliament Urges Global Fossil Fuel Phase Out
European Parliament urges global fossil fuel phase-out ahead of COP28. Lawmakers want to pressure nations to…
Indonesia Launches $20bn Renewable Energy Investment Plan
Indonesia has launched its investment plan to mobilise $20 billion in financing pledged by global lenders…
Germany to Invest €4bn in Africa’s Clean Energy Projects
Germany has announced plans to invest 4 billion euros in sustainable energy projects in Africa until…