Friday 10th July 2020
Friday, 10th of July 2020
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World’s longest rail tunnel opens in Switzerland


Switzerland on Wednesday inaugurated Gotthard Base Tunnel, staging a massive celebration to honour the longest and deepest railway tunnel in the world. Leaders of France, Italy and Germany attended the opening ceremony. Swiss President Johann Schneider-Ammann described the tunnel as a “once-in-a-century” feat at the ceremony. “Epic achievements are still possible in Switzerland and in Europe,” he added, before the ...

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$248m pledged to GEF climate fund for vulnerable countries

Naoko Ishii

New financing for Least Developed Countries Fund sends strong signal of commitment as Paris talks get underway Eleven donors on Monday November 30, 2015 in Paris, France pledged close to $250 million in new money for adaptation support to the most vulnerable countries on the planet giving a welcome boost to the start of the climate talks here in Paris. ...

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World Bank, four European nations in fresh $500m climate initiative

Jim Yong Kim, World Bank [resident

Germany, Norway, Sweden, and Switzerland on Monday, November 30, 2015 in Paris, France announced a new $500 million initiative that will find new ways to create incentives aimed at large scale cuts in greenhouse gas emissions in developing countries to combat climate change. The World Bank Group worked with the countries to develop the initiative. The Transformative Carbon Asset Facility ...

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Switzerland becomes first nation to submit climate action plan


Switzerland on Friday became the first Party to the UN Framework Convention on Climate Change (UNFCCC) to submit its new climate action plan. Switzerland’s Intended Nationally Determined Contribution (INDC) comes well in advance of a new universal climate agreement to be inked by governments at the UN climate conference in Paris in December. The new agreement will come into effect ...

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Switzerland targets 50% reduction in greenhouse gas emissions by 2030


Switzerland aims to reduce greenhouse gas emissions by 50% relative to 1990 levels by 2030. At least 30% of this reduction must be achieved within Switzerland itself. The rest may be attained through projects carried out abroad. These objectives were approved by the Federal Council in November 2014 as part of the definition of the negotiation mandate for the climate ...

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Savvy, razzmatazz of Davos

Davos, Switzerland

The World Economic Forum (WEF) has emerged as an international forum that unites political and business leaders as well as journalists from across the globe to discuss and shape global, regional and industrial agendas with regard to economics, health and the environment. The WEF is a Swiss non-profit foundation based in Cologny, Geneva. Describing itself as an independent international organisation committed to improving the state ...

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