‘Climate action is too costly’: how the far right and big business are weaponising social instability to block progress

‘Climate action is too costly’: how the far right and big business are weaponising social instability to block progress

Shorouk Express Claim to be verified: “Climate policies are too costly,” is a reiterated mantra in the context of political discourse in Europe aimed at framing the ecological transition as burdensome and undesirable. They carry an even greater burden for society than the consequences of inaction, with associated claims of “elitism” and a strict focus…

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Von der Leyen lends an ear to German industry (again) as climate and trade crunches loom

Von der Leyen lends an ear to German industry (again) as climate and trade crunches loom

Shorouk Express Indeed, just as the CEOs were pouring out their woes to the Commission president, a few floors below, Teresa Ribera, commissioner for a clean industrial transition, was presenting the bloc’s climate targets for 2040. Von der Leyen’s center-right European People’s Party is widely accused of watering down the EU’s environmental agenda in order…

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Kyrgyzstan launches green and climate finance initiative with UNDP support

Kyrgyzstan launches green and climate finance initiative with UNDP support

Shorouk Express BISHKEK, Kyrgyzstan, June 18. The Ministry of Natural Resources, Ecology, and Technical Supervision of Kyrgyzstan, in cooperation with the United Nations Development Programme (UNDP), has launched a new project aimed at strengthening the capacity of national financial institutions to access and effectively utilize green and climate finance, Trend reports via the UNDP. The…

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IEA warns of waning multilateral climate finance amid global shifts

IEA warns of waning multilateral climate finance amid global shifts

Shorouk Express Economy Materials 8 June 2025 11:24 (UTC +04:00) Photo: IEA/Facebook Multilateral climate funds (MCFs) play a modest but vital role in international public finance, channeling highly concessional resources to support climate goals in emerging and developing economies (EMDEs), according to the International Energy Agency’s latest outlook. Access to paid information…

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EIB rolling up sleeves to strengthen its climate partnership with Kazakhstan

EIB rolling up sleeves to strengthen its climate partnership with Kazakhstan

Shorouk Express BAKU, Azerbaijan, May 30.​ The European Investment Bank (EIB) is enhancing climate partnership with Kazakhstan, said Vice President of the EIB Kyriacos Kakouris, Trend reports. Speaking at a panel discussion on “The Innovation Challenge: Making Climate Action Work For All” at the Astana International Forum 2025, the vice president noted that the visit…

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