In 2007, the African Union launched the Great Green Wall project, an attempt to combat expanding desertification in the Sahel by planting a barrier of trees 10 miles wide across 4,500 miles by 2030. But the wall has so far produced disappointing results and shows the complexities of implementing a grand continent-wide scheme.
EU leaders gathered in Brussels today, hoping to devise a response to protectionist subsidies included in the U.S. Inflation Reduction Act, or IRA, a topic that is becoming increasingly important to trans-Atlantic relations. Instead, they found themselves occupied with a surprise guest: Ukrainian President Volodymyr Zelenskyy.
Carbon markets are set to explode on the world stage. And while they are relatively small compared to regulatory compliance markets, voluntary markets are growing fast. Are they an effective way for companies—and the world—to achieve net zero emissions? The jury is out, with strong voices arguing for and against.