Nigeria is in the process of building the world's biggest oil refinery. Many locals hope it will contribute to alleviating poverty in the country.
The $20 billion fund says oil companies including ExxonMobil and Royal Dutch Shell are not doing enough to meet goals set out in the Paris Agreement. But the fund has ruled out a blanket ban on fossil fuel companies.
The world needs to drastically cut its carbon emissions by 2050 to head off the worst effects of climate change. A new report highlights how cities could make a huge difference with local green initiatives.
Europe lags behind on several key renewable energy technologies, but there is a prominent exception. The continent's dominant position in power-to-gas technology cannot be overlooked.
Coal and oil have long been sought-after investment targets, but that is changing. Norway is increasingly withdrawing its huge sovereign wealth fund from fossil fuels. But for finance, not climate protection.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version