Climate change is among the five leading challenges facing Bulgaria

Climate change is in fifth place on the list of challenges facing Bulgaria, ranking after political instability, living standards, unemployment and access to healthcare. This is the opinion of the majority of participants from the country in the seventh climate survey commissioned by the European Investment Bank (EIB). For 96% of the respondents in Bulgaria, it is important...

Mukhtar Babaev: The developing world needs private capital for the ecological transition

Private sector enterprises must raise money for the developing world to invest in a low-carbon economy or face the consequences of climate collapse. This was stated by the president of the COP29 UN climate summit, Mukhtar Babaev, the Guardian reports. "The burden cannot fall entirely on government budgets. The release of…

Paris is introducing a car-free zone in a bid to curb air pollution

Paris now has more traffic-free streets, as a new ban on cars came into effect in the first four districts in the central part of the French capital, reports Euronews. Around forty signs indicate the entrance to a new limited traffic zone, or 'ZTL', which was introduced by the city council. Only certain vehicles, such as cars for…

Who are the main actors of COP29?

COP29 officially opened today, November 11 in Baku, Azerbaijan, and the conference is scheduled to end on November 22, although it is likely to last longer. Around 100 world leaders are expected in the first three days, after which talks will be led by their representatives, mostly environment ministers or other high-ranking officials,…

China passed its first energy law to promote carbon neutrality

China has taken a landmark step in its climate strategy by passing the first ever energy law, which will come into effect on January 1, 2025, reports esgnews.com. Passed during a session of the Standing Committee of the National People's Congress – China's highest legislative body – the law consists of…