New Sustainable Economics

25/08/2023 08:00

Chinese loans: a trap or a way out of the climate crisis?

China has become the world's largest bilateral creditor over the past decade. The New Silk Road loans are viewed controversially: some see them as an unparalleled breakthrough for developing countries, others fear that they give Beijing too much leverage over its debtors.

21/08/2023 10:45

Melting glaciers make Tibetan Plateau lakes more hospitable, boost water supplies

Melting glaciers and increased precipitation lead to decline in salinity, which encourages biodiversity and lowers risk of harmful algae blooms. The trend could also help supply more drinking water to the region, researcher says.

09/08/2023 20:10

Israeli company signs solar deal with Saudi Arabia

Saudi Arabia will hit 1.5 gigawatts of renewable energy capacity this year, of which 1GW will be solar, an increase from 22.5 megawatts in 2013.

01/08/2023 06:00

Build back greener

Baku is making enormous efforts to rebuild the Karabakh region fully sustainable. The success of the reconstruction process is as important for the European Union as it is for Azerbaijan, given that the South Caucasus state has emerged as a key player in the EU’s energy security.

01/08/2023 06:00

Overcoming challenges through dialogue

In the capital of Kazakhstan, topical issues on the international agenda were discussed at the Astana International Forum in June. We discussed the country's initiatives with Kazakhstan's Ambassador to Hungary, Zhanibek Abdrashov.

17/07/2023 07:00

Egypt aim to rely on renewable energy by 60% by 2040

Mohamed Shaker, Minister of Electricity and Renewable Energy, confirmed that Egypt aims to reach 60% of reliance on renewable energy by 2040.

15/07/2023 06:00

India seeks to secure its green growth strategy

Faced with the existential threat of climate change, the Indian government has come out with a list of 30 critical minerals that are central to its ongoing efforts to pivot away from a fossil fuel-intensive energy mix, The Straits Times reported this week.

14/07/2023 07:00

France and Saudi Arabia enhance energy cooperation

Saudi Arabia and France have agreed on a collaborative partnership to boost cooperation in the electricity sector, Asharq al-Awsat reported this week.

05/07/2023 07:00

Indonesia, Malaysia to keep deforestation to near-record lows

Tropical forest loss is accelerating, but Indonesia and Malaysia are leading the world for decelerating deforestation in the tropics.

28/06/2023 17:00

Inside Hong Kong's accelerating green transition

Hong Kong's 2023-24 budget proposes a number of new carbon neutrality measures to actively seize the opportunities under China’s “double carbon” strategy and accelerate its development into an international green technology and financial center.

21/06/2023 08:00

The Thai experiment with digital currency

Central Bank Digital Currencies (CBDC) are official means of payment issued by the central banks of a country, which do not exist physically but are available in digital form. Recently, technological advances have led to a significant transformation in the financial system, with the spread of cryptocurrencies weakening the state's control, and the introduction of digital central bank currencies is a way to preserve the stability of the financial system.

21/06/2023 07:50

The pioneering role of the digital yuan

E-CNY, or digital yuan, is a centralised, cash-like digital currency used primarily for retail payments in China. The People's Bank of China (PBOC), the central bank, has conducted large-scale pilot programmes for the digital yuan in several cities in recent years. The introduction of the digital yuan serves two distinct but related purposes.