(Bloomberg) — Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing more than four times the emissions of all air travel in 2023. That’s according to the latest annual assessment by Global Forest Watch, a platform run by the nonprofit World Resources Institute, which drew … Read more
Jakarta. Indonesia plans to ramp up imports of US energy commodities, including crude oil, liquefied petroleum gas (LPG), and refined fuels, as part of efforts to ease trade tensions with Washington and address tariff pressures. Energy and Mineral Resources Minister Bahlil Lahadalia said the move is part of ongoing negotiations aimed at resolving a 32 percent … Read more
(Bloomberg) — Climate programs targeting about $45 billion in funding for emerging economies won’t be derailed by America’s decision to withdraw, according to analysts. The US decision to exit from a leading role in Just Energy Transition Partnerships for South Africa, Indonesia and Vietnam will complicate financing efforts, but won’t halt the overall objectives of … Read more