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. […]
It has been a tough year for international coal markets in the first half of 2022. On 1st January, Indonesia banned coal exports to protect supplies for its power stations. The month-long measure by the world’s biggest coal exporter injected volatility into the global coal market, but Russia’s invasion of Ukraine really set prices of […]
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 […]
Solar panels or photovoltaic cells are increasingly finding their way into the mainstream energy generation methodologies. Solar cell trade between countries is increasingly growing and countries such as the US, China, and India are making headlong progress, inviting headlines. Imports and exports of solar cells increased in 2022 in a few countries compared to 2020. […]
Four European Union (EU) countries – Belgium, Denmark, Germany, and the Netherlands jointly set an offshore wind target of at least 65 gigawatts (GW) by 2030. That figure is intended to get more than double to 150 GW by 2050. According to the Global Wind Energy Council, these four countries were having 35.3 GW of […]
In the aftermath of the Russia-Ukraine war, the imports-reliant European country, Italy, will import gas from Qatar, which sounds like a ‘short-term solution’ to analysts. Russia’s gas imports account for nearly 40% of Italy’s total imports, as per global trade statistics 2021. However, the decision taken by Italy is deemed to be a temporary relief […]
Carbon emissions from importing and exporting activities in global trade are a common scenario. Many countries face this due to changes in the social and economic factors of a country. With the rise in these factors and global trade, the likelihood of carbon emissions also increases. India’s carbon emissions released from international trade increased in […]
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 […]
Coal is the biggest of all three fossil fuels, contributing to greenhouse gases (GHG) emissions. Non-renewable energy sources namely coal, oil, and gas, as their name suggests, cannot be replenished and, ironically, supply more than 80% of world energy. According to a report of the World Bank, coal alone contributed to more than 70% of […]
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