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Germany, the EIB and Ukraine have announced a €20 million grant for the Renewable Energy Solution Programme to boost the energy independence Ukrainian municipalities.

The grant supports hospitals and schools across Ukraine, aiding renewable energy implementation as part of green reconstruction.

The CEO-led chemical industry initiative, incubated by the World Economic Forum, has been relaunched as the Global Impact Coalition (GIC).

The new standalone Coalition has been created by seven founding member chemical companies and is supported by more than 70 senior industry executives.
The first tangible project to accelerate the implementation of chemical and mechanical recycling for plastics was also launched in 2023.

Following Indonesia, the Philippines joins the World Economic Forum’s Blue Carbon Action Partnership to safeguard crucial coastline ecosystems in South-East Asia.

Mangroves and other littoral biospheres provide a critical buffer against climate change globally, but environmental degradation is putting them under threat.
Momentum builds at COP28 for the conservation and restoration of these critical blue carbon ecosystems, for the benefit of people, nature and the climate.

World Economic Forum First Movers Coalition for Food aims to create aggregated market demand for sustainably produced and low-emission agricultural commodities.

The UAE and over 20 leading food companies will create a combined procurement commitment with an estimated value of $10-$20 billion by 2030.
In mid-December 2023, the Forum and participating companies and governments will identify commitments and pathways to support food systems transformation.

World Economic Forum Net-Zero Industry Tracker 2023 report takes stock of progress towards net-zero emissions for eight industries, which emit 40% of global greenhouse gas

Global funding and stronger policy incentives are needed to scale clean power, clean hydrogen and carbon capture around industrial clusters.
Building on the 2022 edition, the updated report includes transportation sectors and applies a comprehensive framework to identify strategies for net-zero industrial transformation.

By Dr. Ahmad Mohammad Khalid

We need better climate change communication strategies to build and sustain the political will needed for action. This requires continuous innovation to fulfill stakeholder needs while using reliable data, maintaining transparency, and ensuring equity concerns, writes Dr. Ahmad Mohammad Khalid.
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