Green business

A high degree of convergence has been reached in 29 out of 32 articles that are proposed to make up the treaty text. However, three areas require significant further work.

The health of cities and their residents is deeply intertwined with the planning, design, and construction of the built environment. The interaction of the built and the unbuilt, of the grey with the green and blue infrastructure, is a key determinant of the quality of life in a city.

We need to think innovatively regarding chemicals of concern, taking inspiration from existing agreements that protect us from harmful chemicals.

According to Oxfam, the world’s richest 1 per cent are responsible for 15 per cent of global emissions. This class is mostly made up of millionaires, who now total nearly 60 million globally and are projected to grow in number to over 65 million by 2028

Entrepreneurs outside Board of Investment zones often face lengthy approval processes, with some projects requiring special gazettes and parliamentary approval, making it nearly impossible for independent investors to navigate the system without government intervention.

The sogo shoshas have played a crucial role in Japan’s industrial and economic development. However, the environmental advocacy group, Market Forces, says that these corporations continued investment in liquefied natural gas (LNG) terminals and gas power plants contradicts global decarbonisation efforts.

Sri Lanka's earlier administration had agreed to purchase power from Adani’s 484-megawatt wind power project at a rate of 8.26 US cents per unit under a 20-year power purchase agreement. This agreement, announced in May 2023, triggered widespread criticism due to the high price and lack of competitive tendering.

The special event was organized by the "Group of Friends of Energy," an informal coalition of member states that actively collaborate and advocate for policies and initiatives promoting sustainable energy access and development worldwide.