Qair, an independent French renewable energy producer, and STOA, an investment fund of the Caisse des Dépôts (CDC) and the Agence Française de Développement (AFD), launched the joint platform MIHIA Holding (Make It Happen In Africa) in October 2021 to invest in African renewable energy projects beginning with a 24 MWp solar project in Burkina Faso.
Africa Claims ‘Historic Responsibility’ from Countries in the Global North At COP26: Protecting The Congo Basin, Giving Botswana ‘Solar Powers’
As The Africa Report pinpointed, numerous African ministers and leaders promised to attend COP26 in Glasgow. Among others, these included Botswana’s Minister for Mineral Resources, Green Technology and Energy Security Lefoko Moagi, the President of the Democratic Republic of the Congo Félix Tshisekedi, the President of the Congo Republic Denis Sassou-Nguesso, the President of Gabon Ali Bongo Ondimba, Gabon’s Minister of Environment and Forestry Lee White, and Rwanda’s Minister of Environment Jeanne d’Arc Mujawamariya.
ILO’s Role in the Energy Sector: IRENA Partners up with ILO to Promote a Just and Inclusive Transition
Abu Dhabi/Geneva, 18 October 2021 – As the International Renewable Energy Agency (IRENA) announced, it has signed an agreement with the International Labour Organization (ILO), which reemphasizes that the energy transition must coincide with the promotion of decent work for all.
In July 2021, the Organization for Economic Co-Operation and Development (OECD) had announced that there would be changes to the international tax rules applicable to multinational companies across the world. This new arrangement would entail a final detailed implantation plan released in October 2021 with an effective date set for 2022.
Cracks in the Energy Industry & the Global Political Economy: Using the Global Energy Crunch as a Chance to Change the Status Quo
According to Time is Money, the Financial Times Stock Exchange (FTSE) Index 100, which lists 100 of the largest companies from the London Stock Exchange (LSE), experienced a decline of 1.2% on October 6, 2021, while the LSE was coping with a record low of -2.0%.
Seoul, 18 October 2021- Less than a month after electricity prices spiralled for the first time in 8 years, South Korea’s government disclosed two revised
Promoting Renewables in Conflict-Ridden Regions: Combating Conflict, Economic and Energy Crises in the Middle East
Just a month ago, Jordan reopened the border to Syria in an attempt to stimulate trade and provoke an economic recovery of both countries. Whereas Jordan’s economy is dealing with a high rate of unemployment (48%), spiraling debt, scarcity of investments and widening external balances, Syria’s economy has been battered by the decade-long war, internal displacement, humanitarian catastrophe and the devastating influence of the COVID-19 pandemic.
Along the U.S. Coast and to the Gulf of Mexico: The Biden Administration taps into the U.S.’ Wind Energy Potential
During the kick-off of the Offshore Windpower 2021 Conference & Exhibition, which took place from 13th-15th October in Boston, Massachusetts, Biden announced the U.S. government’s plans to plant seven large-scale offshore wind farms into its coastlines to the West and East.
About two weeks ago, the African Climate Week 2021 was executed virtually as one of the four regional UNFCCC conferences (i.e. LAC, APAC, MENA), of which three will lead up to COP 26 in Glasgow from October 31 to November 12, 2021.
PROTECTING YOUR WEALTH: OFFSHORE TRUSTS IN MAURITIUS From the desire to provide for one’s descendants to the need to keep wealth in the family line,
It is with great excitement that the Plenary Session which was held from the 19th to the 21st of October 2021 announced that Mauritius has been removed from the FATF ‘grey list’.