Ethiopia’s Finance Minister Ahmed Shide looks on as World Bank President Ajay Banga addresses delegates during Banga’s visit to the Bole Lemi Industrial Park during an official visit to Addis Ababa, Ethiopia. Reuters File According to the finance ministry on Friday, Ethiopia and the World Bank have inked loan agreements worth a combined $1.72 billion
President Ferdinand R. Marcos Jr. anticipates a transformative leap in renewable energy technology for the Philippines with the entrance of WPD GmbH, a leading German developer and operator of wind and solar farms. WPD GmbH has pledged an ambitious investment of PhP392.4 billion in the country, primarily focusing on establishing offshore wind farms. In a
Global warming’s shadows loom largest over the developing world, where climate crisis hits hardest. Floods, droughts, and unpredictable weather underscore the urgent need for sustainable solutions. Renewable energy offers hope, but financial constraints block many developing nations from embracing it. Overcoming these hurdles isn’t just about fighting climate crisis; it’s about ensuring equity in accessing