The report, to be released later this month, reveals how between 2020 and 2024, the world experienced a dramatic increase in food prices driven by a combination of COVID-19 inflation, the war in Ukraine restricting movements on food and commodities and increasing climate shocks. “The episodes described in this publication bring up what we […]
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In a historic advisory opinion issued on July 23, 2025, the International Court of Justice (ICJ) affirmed that access to a clean, healthy, and sustainable environment is a fundamental human right under international law. The ruling clarifies the legal obligations of states to mitigate climate change and prevent environmental harm, marking a pivotal moment in […]
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Iarnród Éireann (Irish Rail) has awarded a consultancy contract to Jacobs, a global engineering firm, to support a transformative rail infrastructure programme aimed at modernizing the Galway–Portarlington corridor, a key regional and intercity route with onward connections to Dublin. Under a four-year framework agreement, with an option to extend for an additional four years, Jacobs […]
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Tata Communications has announced a strategic collaboration with Amazon Web Services (AWS) to deploy a high-capacity, AI-optimized national long-distance network across India. The initiative aims to accelerate the adoption of generative AI, cloud innovation, and high-performance computing by connecting AWS infrastructure in Mumbai, Hyderabad, and Chennai. The purpose-built network will feature low-latency, high-bandwidth express routes, […]
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Russia and Ukraine have carried out a significant prisoner exchange as part of ongoing peace negotiations held in Istanbul, Turkey, on July 23, 2025. The swap, conducted under the terms of the Istanbul Agreements, saw the return of 250 prisoners of war from each side, with plans to exchange at least 1,200 more in the […]
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In a landmark move for climate finance, Chestnut Carbon, a U.S.-based nature-based carbon removal startup, has secured a $210 million non-recourse project finance facility to accelerate large-scale afforestation efforts. The deal marks the first infrastructure-style financing in the U.S. voluntary carbon market. The facility is anchored by Microsoft’s 25-year offtake agreement, under which the tech […]
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AstraZeneca has announced a landmark $50 billion investment in its U.S. operations by 2030, marking the company’s largest-ever commitment to American manufacturing and research. The initiative is headlined by a multi-billion-dollar drug substance facility in Virginia, which will serve as the cornerstone of the expansion and focus on producing treatments for weight management and metabolic […]
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UAE-based SpaceTech firm Space42 has secured a $695.5 million Export Credit Agency (ECA)-backed financing facility to support the development of its next-generation geostationary satellites, Al Yah 4 and Al Yah 5. The funding was arranged by Crédit Agricole CIB, Santander CIB, Société Générale, and Natixis, and is backed by Bpifrance Assurance Export, reflecting strong international […]
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Ambienta, a European asset manager specializing in sustainability-focused investments, has acquired Agronova Biotech, marking its first foray into the $21 billion biosolutions market. The Spain-based company was purchased from Magnum Industrial Partners and the Casanova family, expanding Ambienta’s geographic footprint and sector reach. Agronova is a global leader in biological crop solutions, offering over 800 […]
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Germany and the United Kingdom have agreed to establish a joint transport taskforce to assess the feasibility of operating direct rail services via the Channel Tunnel, following the signing of the Kensington Treaty on July 17, 2025. The initiative, announced by Prime Minister Sir Keir Starmer and Chancellor Friedrich Merz, aims to enhance sustainable transport […]
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