EIB backs Africa’s climate resilient infrastructure fund
The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) in financing a $750 million…
Environment
UN agency highlights need for ecosystem restoration
As global leaders convene at the Munich Security Conference 2025 (MSC 2025) to address pressing security challenges, land…
African Development Bank finances climate resilience projects
The Board of Directors of the African Development Bank Group has approved over $31 million in funding under…
Two Ethiopians out of five don’t believe climate change as threat
Almost two in five (39%) Ethiopians believe climate change poses them no threat at all, despite evidence suggesting…
COP29 agrees to triple public finance to developing countries
The UN Climate Change Conference (COP29) closed today with a new finance goal to help countries to protect…
African group calls for equitable climate finance at COP29
The African Group of Negotiators and leaders came to COP29 with a bold call for equitable climate finance,…
Zero Emissions, Resilient Buildings Accelerator introduced at COP29
BY YANET FANTAYE WOGAYEHU / BAKU, AZERBAIJAN – The Subnational Climate Action Leaders’ Exchange (SCALE) partnership announced the…
COP29 opens in Baku, Azerbaijan
BY YANET FANTAYE WOGAYEHU / BAKU, AZERBAIJAN – The 29th round of the global climate change conference Conference…
COP29 will leave participants with unforgettable memories
In an exclusive interview with New Business Ethiopia, Ambassador Ruslan Nasibov, Azerbaijan’s Ambassador to Ethiopia and Permanent Representative…
Valio launches carbon-neutral dairy farm pilot
Valio, the Finland headquartered company and a major player in the international dairy ingredients market, has launched a…
Report calls for increased investment in climate adaptation
A new report today jointly launched the 2023 State of the Climate in Africa report at the 12th…
Africa climate change conference calls for innovative financing
The 12th Conference on Climate Change and Development in Africa (CCDA-XII) commenced today in Abidjan, bringing together a…
Experts call for climate change adaptation, resilience acceleration
A group of experts attending the 46th UN Framework Convention on Climate Change (UNFCC) meeting for Least Developed…
How Ethiopia’s electric vehicle revolution paves sustainable future
By Henok Tadele HAILE – In the heart of East Africa, a green revolution is quietly unfolding. Ethiopia,…
Canon enters recycling system business with innovative technology
Canon Inc., the Japanese company that began operation in 1933 to conduct research into quality cameras, announced today…
How Ethiopia’s mega dam could unleash regional prosperity
By Haile Henok Tadele – The Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile is poised for…
United States launches new climate action program in Morocco
Administrator Samantha Power announced the launch of a new initiative focused on helping Morocco’s people adapt to the…
IFAD, Senegal launch Africa integrated climate risk management program
The Government of Senegal, in partnership with several international organizations including the International Fund for Agricultural Development (IFAD),…
United States, China experts met to discuss climate action
On may 8 and 9, 2024 the United States hosted in Washington, D.C., a meeting of the U.S.-China…
Partners set to respond to worst droughts in southern Africa
The southern African region is experiencing one of its worst drought in decades, and millions are facing extreme…
Report urges better resource management for attaining SDGs
The UN Environment Program’s (UNEP) International Resource Panel (IRP) has published the second edition of its Global Resources…
IGAD expresses concern about looming ecological disaster
The Inter-Governmental Authority on Development (IGAD) is extremely concerned about the looming ecological disaster posed to the Red…
WTO members working on fossil fuel subsidy reform unveil plan
BY YANET FANTAYE WOGAYEHU – Forty-eight WTO members participating in the Fossil Fuel Subsidy Reform (FFSR) initiative presented…
Nokia targets net zero greenhouse gas emissions by 2040
Nokia today announced that it has committed to reducing its total global greenhouse gas emissions (GHG) to net…
Global Environment Facility to invest $1 billion in climate change adaptation
By Anwar Hussen Mohammed – The Global Environment Facility’s (GEF) governing board will start 2024 with decisions on…
Charitable match fuels drive to transform Africa’s community pitches
Global Innovative technology brand TECNO, as the official sponsor of the Africa Cup in Côte d’Ivoire, organized a…
Disinformation tops global risks 2024 as environmental threats intensify
Drawing on nearly two decades of original risks perception data, the World Economic Forum’s Global Risks Report 2024…
Abu Dhabi set to reduce greenhouse gas emissions
Abu Dhabi is set to establish a first-of-its-kind processing facility in the Middle East & Africa region for…
COP28 agreement signals “beginning of the end” of fossil fuel era
BY YANET FANTAYE WOGAYEHU – The United Nations Climate Change Conference (COP28) closed today with an agreement that…
Germany set to host next Desertification, Drought Day
Germany is set to host the next Desertification and Drought Day on 17 June 2024, which will also…