SWIFT Dollar Decline

US-led sanctions are inadvertently undermining the dollar’s post-Second World War dominance. The growing number of countries threatened by US and allied actions is forcing victims and potential targets to respond pro-actively. SWIFT strengthened dollar The instant messaging system of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) informs users, both payers and payees, of payments made. Thus, it enables the smooth and rapid transfer of funds across borders.

Southern Winds in Magallanes Fuel Green Hydrogen in Chile

Patagonia’s strong winds are driving projects that will place Magallanes, in the extreme south of Chile, in a privileged position to produce and export green hydrogen and help the country move towards carbon neutrality.

Why Biden Just Declared Heat Pumps and Solar Panels Essential to National Defense

Solar panels, heat pumps and hydrogen are all building blocks of a clean energy economy. But are they truly “essential to the national defense”?

At Half-time, the European Green Deal is Still Grounded

This month marks the mid-point of the much-heralded European Green Deal. Taking office at the end of 2019, the European Commission went into rhetoric overdrive. This was Europe’s ‘man on the moon’ moment, we were told. The Green Deal would herald an economic paradigm shift, and “reconcile the economy with our planet…to make it work for our people” the new President, Ursula von der Leyen, said.

War & Peace 2.0: Ukraine Showing the World How to Fight Back

It has been over 100 days since Russia first invaded Ukraine on 24 February 2022, turning the country into a slaughterhouse. The United Nations (UN) in this report says that, as of 1 June, 2022, more than 6.9 million refugees have left Ukraine and 2.1 million have returned, while eight million people are displaced inside Ukraine itself. War in Ukraine has caused the fastest growing refugee crisis since World War II.

Developing countries and the Perfect Storm
Part II: What Developing Countries Need to Do

Developing countries are facing a combination of crises that are unprecedented in recent times. Over the last three years they have had to face the COVID-19 crisis, the food crisis, the energy crisis, the climate change crisis, the debt crisis and, on top of all this, a global recession. The crises have overlapped, and each has added to the problems created by the previous ones.

Developing Countries and the Perfect Storm
Part I: What Should Developed Countries Do?

Developing countries – in Africa, in Asia, in Latin America and in the Middle East - are facing a combination of crises that are unprecedented in recent times. Over the last three years they have had to face the COVID-19 crisis, the food crisis, the energy crisis, the climate change crisis, the debt crisis and, on top of all this, a global recession. The crises have overlapped, and each has added to the problems created by the previous ones.

Sanctions Now Weapons of Mass Starvation

US and allied economic sanctions against Russia for its illegal invasion of Ukraine have not achieved their declared objectives. Instead, they are worsening economic stagnation and inflation worldwide. Worse, they are exacerbating hunger, especially in Africa.

What India Needs To Do To Achieve Net-Zero Status by 2070

The recent IPCC report that came out in the month of March 2022 says that, by the end of the century, the temperature rise is likely to be 2 to 3.7 degrees if global emissions, as they stand today, are not curtailed. In fact, according to the report, carbon dioxide (CO2) emissions need to come down by 45 percent globally (compared with 2005) by the end of 2030.

Oil Business Burns Enough Gas to Power the Whole Sub-Sahara or Two Thirds of Europe

While the attention of mostly Western media and politicians is quasi exclusively hoarded up by the proxy war in Ukraine and its consequences on the energy sector, the world’s big oil business continues to burn Planet Earth with its underreported though highly polluting, wasteful practice of gas flaring.

Opacity Surrounds Fossil Fuels in Mexico

In the northern Mexican state of Coahuila the current situation of coal, used mainly to generate electricity, is opaque.

The Sun Illuminates the Nights of Rural Families in El Salvador

After working on the family farm, Carlos Salama comes home and plugs his cell phone into a socket via a solar-powered electrical system, a rarity in this rural village in southern El Salvador.

From Rags to Riches: Power and progress in Abu Dhabi

I recently visited Abu Dhabi and my impressions became intermingled with worries about the war in Ukraine. I also happened to read Livy’s The Early History of Rome, written around the beginning of CE, coming across these lines:

Kenyan Community Project Saving Forests, Saving Livelihoods

Despite an abundance of fisheries reserves along Kwale County’s lush coastline located on the south coast of Kenya, fishers can no longer cast a net just past the coral reef and expect an abundant crab or prawn harvest.

Mexico Embraces Gas, Scorns Renewable Energy

At home, Isabel Bracamontes uses gas only for cooking. "We try to prepare food that doesn't need cooking, like salads," she says in the southeastern Mexican city of Mérida.

Oil Crisis Offers Opportunities to the South and for the Green Energy Transition

The oil and gas supply crisis unleashed by the Russian invasion of Ukraine represents new business opportunities for the oil-producing countries of the developing South, both traditional and emerging, and also for accelerating the global transition to green forms of energy.

Africa Commits to Green Recovery from COVID-19 Amid Daunting Challenges

Climate change activist Mithika Mwenda, the Executive Director of the Pan African Climate Justice Alliance (PACJA), is not reluctant to engage African governments to do what’s necessary to commit to post-COVID-19 green growth strategies.

How a Massive Climate Project Can Help Win Peace for Ukraine – And Help African Job + Food Crises

How would the late Archbishop Desmond Tutu have reacted to the Russian Invasion of Ukraine? Differently than you might think. The invasion of Ukraine is a mass human tragedy. It is killing Ukrainians, exposing families to violent atrocities, and has driven a refugee crisis of over 4 million people and counting. The war in Ukraine has also reawakened our fear of global war - even nuclear war - and the importance we place on global peace.

Palm Oil for Biodiesel in the Amazon: Sustainable Fuel or Deforestation Risk?

Oil palm, known as dendezeiro in Brazil, can produce up to ten times more vegetable oil per hectare than other crops, but it is regularly condemned as harmful to the biodiversity of tropical forests in Asia, Africa and Latin America. Now, its cultivation looks set to advance in the Brazilian Amazon.

Turning Agro-industrial Waste into Energy in Argentina

Three giant concrete cylinders with inflated membrane roofs are a strange sight in the industrial park of Zárate, a world of factories 90 kilometers from Buenos Aires that heavy trucks drive in and out of all day long. They are the heart of a plant that is about to start producing energy from agro-industrial waste, for the first time in Argentina.

Desalination Plants, Solution and Environmental Challenge for Chile

The Pacific Ocean could quench the thirst caused by 10 years of drought in Chile, but the operation of desalination plants of various sizes has a long way to go to become sustainable and to serve society as a whole rather than just corporations.