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The process of reducing dependence on carbon may likely require funnelling investment capital into activities like carbon capture, utilization and storage, renewable power, and low-carbon fuels over oil and gas exploration and development — even when long-term value multiples are uncertain.

Why the oil industry has less time to decarbonize than it might think

By: EBR | Thursday, July 23, 2020

There are market signs everywhere of growing impatience with the oil industry. Powerful investors are exiting high-carbon investments or limiting their exposure

The world may not be as flat as it once was, but global business strategy is, if anything, a more urgent priority than before.

Global Strategy for a De-globalising World

By: EBR | Wednesday, July 22, 2020

The full economic impact of the pandemic has yet to be felt. However, it seems beyond dispute that Covid-19 and globalisation don’t mix well

Southern Africa and Australia, where bushfires last year razed millions of acres, will probably be dryer than usual through 2024, while Africa’s Sahel region will likely be wetter, the WMO said.

Meeting Paris climate pledge will be ’enormous challenge’, says WMO

By: EBR | Tuesday, July 21, 2020

Global temperatures will continue to warm over the next five years, and may even temporarily rise to more than 1.5 degrees Celsius above pre-industrial levels, the World Meteorological Organization (WMO) said

"The World Bank and regional development banks have no facility comparable to the CCRT, but nothing prevents their governing bodies from creating them."

An Easy Way to Provide Debt Relief for the World’s Poorest Countries

By: EBR | Friday, July 17, 2020

Donor governments do not have to fund poor country debt relief from their fiscal budgets. They can tap long-unused reserve assets available at the IMF called Special Drawing Rights (SDRs)

"We know what works. Quality public healthcare, for free, for all. High and inescapable wealth taxes, as rich people are now calling for. A universal labour guarantee that protects workers and ensures a living wage."

COVID-19 has let the virus of inequality run rampant

By: EBR | Wednesday, July 15, 2020

Meet Sampa Akter. She sews clothes for global brands in Bangladesh. As with millions of others, she was sent home in March with no pay as COVID-19 canceled orders

“We have agreed today to develop a coordinated European Union response to show support for Hong Kong’s autonomy and civil society.”

EU preparing measures against China over Hong Kong

By: EBR | Tuesday, July 14, 2020

The EU is preparing counter-measures on China in response to Beijing’s new security law on Hong Kong, the bloc’s top diplomat said on Monday (13 July), but envoys stressed the likely steps will not amount to economic sanctions

"COVID-19 and climate crises are connected, so both curves need to be “flattened” as we rebuild the world economy."

Here’s how to deliver a green recovery for the G20 economies

By: EBR | Tuesday, July 14, 2020

Economists believe that we are in the midst of a “reverse radical” recovery. This economic trajectory is the mirror image of the square-root symbol: a steep economic decline, followed by a sharp partial rebound, then a slow recovery over several years

By working together to share test results in a harmonized system, border crossing and regional integration was later accelerated within East Africa.

Cross-border travel is confusing after COVID – this framework can help borders reopen safely

By: EBR | Monday, July 13, 2020

When the six nations of the East African Community opened to essential trade in June, COVID-19 testing created kilometers of backed up trucks along the borders as truck drivers waited for hours to get test results

"Even if the Hagia Sophia conversion increases Erdogan’s approval rating by a few percentage points, the boost is unlikely to last. Nothing short of strong economic growth in Turkey will bring back the wider popularity he once enjoyed."

Erdogan’s Big Gamble on the Hagia Sophia

By: EBR | Monday, July 13, 2020

Turkey’s president, desperate to boost his popularity at home, further damages his country’s international standing

“The unconstructive approach of certain members of the Security Council is all the more regrettable at a time when needs have never been greater and in the context of the coronavirus pandemic.”

EU voices concern over UN Syria aid plan

By: EBR | Monday, July 13, 2020

The EU on Sunday (12 June) voiced “deep concern” at a UN move to close an access point for humanitarian aid to war-torn Syria

Ces partis de restauration permettent de garantir l’authenticite, l’harmonie et la coherence de ce chefd’?uvre de l’art gothique. La CNPA a approuve a l’unanimite ces recommandations.

Les Francais, les pelerins et les visiteurs du monde entier retrouveront la cathedrale qu’ils aiment

By: EBR | Monday, July 13, 2020

Les partis de restauration envisages pour la cathedrale NotreDame de Paris ont presente aujourd’hui a la Commission nationale du patrimoine et de l’architecture (CNPA), dont les grands principes ont ete approuves par le President de la Republique

“Multilateralism, for what?” might be the question today. And the reply cannot simply be ‘to be multilateral’, as some would like.

Multilateralism Has Lost Its Way

By: EBR | Thursday, July 9, 2020

Collective intelligence is needed to build a new multilateralism for the 21st century

"COVID-19 has added severe challenges to an international trade regime already strained by geopolitical, societal, economic and environmental tensions. These tensions will not be solved through less collaboration."

Six targets for trade in a post-COVID world

By: EBR | Wednesday, July 8, 2020

COVID-19 lockdown measures hit aspects of trade hard. Merchandise trade volumes shrank by 3% in the first quarter of 2020, compared to the previous year average and estimates suggest an 18.5% drop for the second quarter

UK Oil and Gas has counted 1,630 wells set to be dismantled in the next decade in British waters – the equivalent of nearly one rig every two days and requiring more than 1.2 million tonnes of concrete and steel to be removed.

Virus crisis threatens to set back oil platform decommissioning

By: EBR | Wednesday, July 8, 2020

Oil companies are being forced to cut spending due to a fall in global oil prices, threatening funds earmarked to dismantle dated off-shore rigs, despite environmental risks

An analysis by the International Federation of Red Cross and Red Crescent Societies (IFRC) last year found that doing nothing could increase the number of people who need international humanitarian aid because of floods, storms, droughts and wildfires every year – currently 108 million – 50% by 2030. The total could nearly double, to 200 million people, by 2050.

Preparing for the next crisis - before it’s too late

By: EBR | Tuesday, July 7, 2020

In particular, COVID-19 and recent climate disasters have shown that we must step up investment in preparedness now, instead of waiting for the next crisis to hit

Koike’s rise and her ambitions to lead without any family support also stand out in a country where 30% of all elected members of the Diet are second-generation members, and where politics is seen as a family business.

How Angela Merkel Inspires the Japanese

By: EBR | Friday, July 3, 2020

Germany has always been an inspiration to Japan since the country opened itself up. These days, it may be Angela Merkel and her brand of leadership that inspires Japan the most

A permanent use of air and naval bases in Libya by both Russia and Turkey would be a major game changer for Western Europe’s security and would have implications for NATO and the United States as well.

Libya Is a European Emergency

By: EBR | Friday, July 3, 2020

EU leaders must either decide to act jointly as the European Union or leave Libya’s future in the hands of Russia and Turkey—with dangerous consequences for NATO and for Europe’s security

The initial shock of Covid-19 accentuated long-standing gender imbalances (among other social inequities) across several dimensions, appearing to threaten hard-won development of gender equity.

Making the “New Normal” Better for Women

By: EBR | Thursday, July 2, 2020

How individuals and organisations can keep progressing towards gender balance, in our profoundly disrupted world

Israel, perhaps with the blessing of the Trump administration, will officially annex 30 percent of the West Bank. For those of us who still believe that Israelis and Palestinians can live in peace and prosperity next to each other in their own respective states, this move is nothing less than a death blow to the two-state solution.

If Israel goes through with West Bank annexation, everyone loses

By: EBR | Monday, June 29, 2020

If all goes well, or wrong — it depends on where you stand — then on July 1, just a few days away, a most dramatic event will occur in the Middle East

"COVID-19 exposed failing systems in the United States and elsewhere because it has been like a slow-moving, powerful hurricane wreaking damage everywhere, instead of isolating its effects to one location."

Rebuilding after COVID-19 shouldn’t mean going back to how things were

By: EBR | Friday, June 26, 2020

"As someone who has been involved in community-building and post-disaster work for nearly 40 years, I know there are typically three stages that occur in the wake of a catastrophe: response, recovery and rebuilding"