Global IssuesNews headlines for “Energy Security”
Small Islands with Big Aspirations
- Inter Press Service
VICTORIA, Seychelles, Oct 02 (IPS) - Everyone knows that small island states are on the frontline of global warming. Rising sea levels, acidification destroying fisheries and coral reefs, and changing patterns of rainfall are just some of the challenges. Some low-lying islands have already been lost to the ocean.
Innovative Business Models, Critical for African Governments to Unlock Carbon Markets
- Inter Press Service
NAIROBI, Sep 29 (IPS) - With current efforts to boost Africa's carbon credit production by 2030, experts believe the commitments will require Governments to switch from a voluntary to a compliance market by generating renewable energy for a portion of national and regional electricity supplies.
Pemex Exploits Fossil Fuels with Money from International Banks
- Inter Press Service
PARAÍSO, México, Sep 26 (IPS) - At the entrance to the municipality of Paraíso, in the southeastern Mexican state of Tabasco, there is a traffic circle that displays three things that are emblematic of the area: crabs, pelicans and mangroves.
The Bitter-Sweet Sides of Ugandas Oil and Gas Development
- Inter Press Service
KAMPALA, BULIISA, KIKUUBE, Sep 21 (IPS) - French oil and gas giant TotalEnergies and China National Offshore Oil Corporation (CNOOC) are moving with pace in the development of oil and gas projects with a potential investment portfolio estimated at more than USD 15 billion. IPS looks at the project's human rights record for the compensation of affected communities.
Dangerous Scramble for Renewable Energy Resources
- Inter Press Service
KUALA LUMPUR, Malaysia, Sep 20 (IPS) - The growing and changing material requirements for new technologies have triggered natural resource scrambles for strategic minerals, generating dangerous rivalries fought out in the global South.
Enhancing Mining Revenue
- Inter Press Service
KUALA LUMPUR, Malaysia, Sep 13 (IPS) - The commodity boom early this century was mainly driven by mineral prices. Yet, mining’s contribution to developing countries’ revenue has been modest, largely due to massive tax evasion and avoidance.
What Happens in the Arctic Does Not Stay in the Arctic
- Inter Press Service
STOCKHOLM, Sweden, Sep 12 (IPS) - While climate change is relentlessly progressing, threatening life on earth, world leaders continue to meet while planning for a future where this immense menace to human existence remains a minor item on the agenda.
NDB Spotlight: The Lesotho Highlands Water Project Who Benefits?
- Inter Press Service
CAPE TOWN, South Africa, Sep 05 (IPS) - The Role of the New Development Bank in Monitoring Project Impacts on Communities
The 15th BRICS Summit held in Johannesburg, South Africa this month has once again put the spotlight on the Lesotho Highlands Water Project (LHWP) as a shining example of multilateralism and the New Development Bank’s (NDB)commitment to financing sustainable development projects within BRICS countries and other developing countries.
During the 2023 BRICS Summit, the New Development Bank and the Trans-Caledon Tunnel Authority (TCTA) signed a 3.2 billion Rands loan agreement for the implementation of Phase Two of the Lesotho Highlands Water Project (LHWP) in Lesotho. This funding complements contributions by other financiers, notably the African Development Bank (AfDB) and the Development Bank of Southern Africa (DBSA).
Civil Society Organizations Unite to Urge Public Development Banks to Change the Way Development Is Done
- Inter Press Service
CARTAGENA, Colombia, Sep 04 (IPS) - In the midst of a complex web of crises, spanning climate change, biodiversity depletion, constraints on civic space and mounting debt burdens, civil society organizations and human rights defenders from over 50 countries have united their voices to call for immediate and impactful action from Public Development Banks (PDBs).
From Challenges to Solutions: Unleashing Africa's Potential for Achieving SDGs
- Inter Press Service
ADDIS ABABA, Ethiopia, Aug 30 (IPS) - September 2023 marks the halfway point to the deadline for achieving the 2030 Agenda and the Sustainable Development Goals (SDGs). Yet, globally we are still far off-trackand Africa is only halfway towards achieving the SDGs, with nearly 600 million Africans still lacking access to electricity and 431 million people living in extreme poverty.
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