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The Climate Cost of War

There are great humanitarian implications for any war, but the environmental consequences of conflict can often be overlooked. Conflicts, both big and small, have an extremely detrimental effect on the environment due to the use of munition. More than 5 percent of global emissions are caused by conflict or militaries, …

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Can Saudi Arabia Actually Afford Vision 2030?

Saudi Arabia has long prided itself on being the lowest-cost oil producer in the world—and has taken maximum advantage of this fact. Now, with ambitious spending plans for a diversified economy, that lowest cost is becoming less relevant. It’s the breakeven cost of oil that matters. And that’s going up. …

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COP29 Host Aims to Raise $1 Billion for New Climate Fund

In line with global green transition aims, pressure is increasing to support developing countries around the globe to tackle climate change and develop their renewable energy capacity. The COP29 host country Azerbaijan is now in charge of setting up a new climate fund, aimed at encouraging fossil fuel producers to …

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