Environment

MDB Climate Finance Hit Record High of US$35.2 billion in 2017

Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of $35.2 billion in 2017, up 28 per cent on the previous year.

Consumers Energy Announces Retirement Of Karn Coal-Fired Power Plant

On Jun 13, Consumers Energy CEO Patti Poppe announced the retirement of the company’s Karn coal-burning power plant by 2023. The Karn plant emits nearly 3 million tons of carbon emissions per year. Consumers is slated to submit its Integrated Resource...

End of plastic water bottles at European Parliament

The Bureau of the European Parliament decided on Monday to phase out the use of all plastic water bottles as well as other single-use plastic items used in canteens, in line with the EU drive towards a circular economy and plastic waste strategy.

Hezhou to Strengthen Flood Protection with World Bank Help

The World Bank’s Board of Executive Directors approved a US$150 million loan to China to improve flood risk management and reduce water pollution in Hezhou Municipality in the Guangxi Zhuang Autonomous Region, on Jun 13.