After days of discussions, info sharing and strategizing among nearly 60 nations on ways to wean the world from fossil fuels, Catholics who attended the first-of-its-kind summit in Colombia left encouraged by the promise the conversations represented. Even if they were, as advertised, a first step. “Church advocacy does not end here: it begins here,”…
With the world’s most important fossil fuel supply route at a near-standstill, many advocates for wind and solar say the transition to renewable energy is about to shift to a much higher speed. The United Nations climate chief, Simon Stiell, recently described an “immense irony” in which leaders who have “fought to keep the world…
Amsterdam is famously a place where anything goes. Prostitution is legal. Coffee shops sell marijuana and hashish. Truffles laced with the psychoactive compounds found in hallucinogenic mushrooms are available at “smart shops.” But what is no longer allowed in the freewheeling city’s public spaces are advertisements for products that some city councilors consider to be…
Opec appears to be the latest casualty of the Iran war. On Tuesday, the United Arab Emirates announced that it was leaving the oil cartel after 60 years. The loss of a critical member is a blow to the group and its de facto leader, Saudi Arabia, in the midst of the biggest supply crisis in history….
On Sunday, April 26, in the Caribbean city of Santa Marta, Colombia, Catholics gathered for Mass at the Cathedral Basilica of Santa Marta to pray for proceedings underway 6 miles down the coast to develop a just and realistic pathway to a world without fossil fuels, the main driver of climate change. The first Conference…
Ministers from nearly 60 countries are gathering this week in the Colombian city of Santa Marta for what is being called the first global conference on phasing out fossil fuels. The United States was not invited. The summit is taking place against the backdrop of the United States and Israel’s war with Iran, which has…
Shorouk Express Amundi Investment Solutions, a French asset management company, is Europe’s leading asset manager and ranks among the global top ten, with a portfolio exceeding two trillion dollars. Between 2024 and early 2025, Amundi allocated 1.1 billion dollars to investments in the fossil fuel sector through so-called green funds that comply with Environmental, Social,…
Shorouk Express Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email Some 25,000 climate have descended on Addis Ababa, Ethiopia, for the second African Climate Summit (ACS2) – in the face of Donald Trump’s hostile stance towards both climate…
Shorouk Express Fact check: In December 2020, a group of big players in international finance launched the Net Zero Asset Managers initiative. They committed their firms to “supporting the goal of net-zero greenhouse gas emissions by 2050 or earlier, in line with global efforts to limit warming to 1.5°C”. They planned to do this by…
Shorouk Express Economy Materials 8 June 2025 19:40 (UTC +04:00) The European Union’s clean energy investment is projected to reach nearly $390 billion in 2025, ranking third globally, according to the International Energy Agency (IEA). Driven by the post-Ukraine war energy crisis, favorable policies, and declining renewable costs, Europe has dramatically shifted its…
