This week’s headline features a story from Asia: Singapore and Laos signed a landmark carbon credit deal to enhance their 50-year partnership, aiming to promote sustainable development and achieve climate targets. The agreement facilitates international carbon credit transfers and collaborative climate action.
 
Europe: A team of European carbon removal specialists, based in Amsterdam and known as ‘Remove’, has launched an initiative to assist Indian businesses in developing carbon dioxide removal (CDR) projects. This effort aims to mitigate global warming by sequestering CO2 from the atmosphere. With a successful track record of raising over 220 million euros ($238 million) for CDR projects in Europe, Remove is now accepting applications from Indian start-ups. Successful applicants will gain access to a network of experts and international buyers, with potential additional funding. 

North America:  Hydro-Quebec and Indigenous communities have announced a CA$ 9 billion project to develop up to 3GW of wind power in Saguenay–Lac-Saint-Jean, potentially making it one of North America's largest wind power initiatives. The collaboration aims to boost sustainable energy while providing economic benefits to the region.
South America: Brazil launched its inaugural National Circular Economy Strategy (ENEC), aiming to shift towards sustainable economic practices by promoting resource efficiency and environmental stewardship. Developed with input from the Ellen MacArthur Foundation and UNEP, ENEC emphasizes waste reduction, material circulation, and inclusive economic growth through regulatory support and innovation promotion. 

Asia: Singapore and Laos signed a landmark carbon credit deal to enhance their 50-year partnership, aiming to promote sustainable development and achieve climate targets. The agreement facilitates international carbon credit transfers and collaborative climate action.
 
Australia:  Australia launches Virga, its latest supercomputer costing $14.5 million, equipped with Intel Xeon processors and Nvidia GPUs, aimed at advancing AI, medical diagnostics, and scientific research. Despite ranking 72nd globally, it marks a significant upgrade for CSIRO, boosting capabilities for complex simulations and the National Robotics Strategy.

Africa: The UNDP, São Tomé and Príncipe’s Ministry of Economy, and the AUC highlighted the transformative potential of Africa’s blue economy at the WTO’s 9th Global Review of Aid for Trade. The event underscored the need for strategic alliances, innovative investments, and sustainable marine resource management to drive inclusive growth. Read Now!