As governments around the world are increasingly working on sustainability, the freight industry has been facing pressure to reduce its carbon footprint. However, many companies are not ready to invest in transitioning to green freight transport. What is green freight? What are the benefits of green freight? What are the challenges companies are experiencing in […]
Denmark has become the first country in the world to import CO2 and bury it undersea. The country has been importing carbon dioxide, but never it has made a step in climate change to create storage and avoid the depletion of the greenhouse gases like carbon dioxide. As per a new announcement, in the inauguration […]
Key Highlights Plastic pollution is a real issue due to global patterns of plastic production and consumption. Global trade can help reduce plastic pollution via trading agreements that support responsible plastic flows and circularity. A summit in Uruguay discussed establishing an internationally binding treaty on plastic pollution for the first time for delivery by 2024. […]
EU levies to reduce emissions in order to meet the target of cutting carbon emissions. The European Union’s “Fit For 55” package consists of legislative proposals focusing on reducing carbon emissions by 2030. The new regulatory framework for reducing emissions in the EU has been proposed by its parliament. It suggests that changes are required […]
Denmark’s clean energy transition is taking a fast pace as the country is lessening its dependence on fossil fuels. The Danish government’s efforts are majorly directed toward lessening the usage of fossil fuels to make a transition. Denmark is moving towards a clean energy transition from fossil fuels. One report suggests that wind and solar […]
The Russia-Ukraine war has started to bring changes in the ESG investment process and supply chain of commodities. The investment processes in concern with ESG factors and requirements seem to take turns. This has resulted in a probable dismantling of the Russian economy, with factors aligning mainly against Russia. While this brings speculations over the […]
Russia-Ukraine war is causing troubles across nations as many commodities prices have peaked high, while shipment delays from both Russia and Ukraine are also causing bottlenecks in the supply chain. There are commodities that countries import from both Russia and Ukraine, such as wheat, for which both countries account for 29% of global exports. On […]
At the 2021 United Nations Climate Change Conference (UKCOP26), the world’s top twelve agricultural trading and processing companies come together to discuss the issue of climate change with the prevalence of the supply chain for agriculture-based products, having a net-zero emission objective as their common and centralized mission. The advancement in the import and export […]
Harvard University’s President announced on 9 September 2021 about the decision on ‘fossil fuels endowment’. Harvard University and Yale University were both active participants in the endowment of fossil fuels earlier and claimed to directly contribute to the climate change issue. The open letter posted by the university’s president begins with the statement — “Climate […]
Key Points: Trade liberalization uplift the environmental growth values in the trade paradigms Positive climate change factors recorded during COVID-19 pandemic in 2020 Fossil fuels trade and uses were low in 2020 as compared to the previous years Modification of major trade policies drive a sustainable development at large extent Trade and environmental development can […]
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