This article is brought to you in association with the European Commission. Starting today and running until 13 December, the 9th edition of the Raw Materials Week will bring together a wide range of stakeholders from all over the world to move forward on the bloc’s initiatives in the field of raw materials. The week’s highlights […]9th Raw Materials Week focuses on international partnerships and launches the new European Raw Materials Academy
December 10, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. Starting today and running until 13 December, the 9th edition of the Raw Materials Week will bring together a wide range of stakeholders from all over the world to move forward on the bloc’s initiatives in the field of raw materials. The week’s highlights […]Empowering Ministries of Finance to Build Capabilities and Drive Climate Action: a New Self-Assessment Tool
December 10, 2024 by Leave a Comment
This article is published in association with IMF. Anika Heckwolf, Leandro Rossi, Frank van Lerven This new tool offers Ministries of Finance (MoFs) the means to rapidly assess their climate capabilities and build the expertise and coordination mechanisms essential for a sustainable future. The transition to a zero-carbon, climate-resilient economy represents a significant global structural shift […]EBRD and Romania to strengthen cooperation in renewable energy
December 9, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania, according to a Memorandum of Understanding signed today by the country’s Energy Minister Sebastian Burduja and EBRD Head of Romania Victoria Zinchuk. Supported by […]Parliament to review the safety of women online
December 9, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. From 9 to 15 December, EP committees and delegations will discuss how to enhance women’s empowerment in the digital world as part of the fifth European Gender Equality Week. The fifth European Gender Equality Week will include several debates and events under the common […]Holding the front line against desertification
December 9, 2024 by Leave a Comment
This article is published in association with United Nations. Some one billion people globally under the age of 25 live in regions where they depend on the land and natural resources for jobs and livelihoods, according to the UN, but their future is increasingly under threat due to desertification and land degradation. Across the world young […]EU and Mercosur reach political agreement on groundbreaking partnership
December 9, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the President of the European Commission Ursula von der Leyen and her counterparts from four Mercosur countries (Brazilian President Lula, Argentinian President Milei, Paraguayan President Peña, and Uruguayan President Lacalle Pou) finalised negotiations for a groundbreaking EU-Mercosur partnership agreement. President of the European […]Bridging the Gaps in HIV Treatment: Progress and Future Challenges
December 9, 2024 by Leave a Comment
This article was exclusively written for The European Sting by Ms. Hibatallah EL OMARI, a 4th year medical student at Mohammed VI University of Health Sciences in Casablanca, Morocco. She is affiliated with the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and […]Housing’s Unique Role in Lives and Economies Demands Greater Understanding
December 6, 2024 by Leave a Comment
This article is published in association with IMF. Gita Bhatt Wherever I go these days, the conversation inevitably focuses on the rising cost of housing. The concerns span generations, locations, and income levels. Young people may be the most disillusioned as they see their ability to buy or rent diminished just as they plan to start families. The […]Commission welcomes provisional agreement on additional phase-in time for EU Deforestation Regulation
December 4, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission welcomes the provisional political agreement reached between the European Parliament and the Council on the Commission’s proposal to grant a 12-month additional phasing-in period. This will ensure proper and effective implementation of the EU Deforestation Regulation (EUDR), while preserving its integrity. The […]The ‘slow onset, silent killer:’ Droughts explained
December 3, 2024 by Leave a Comment
This article is published in association with United Nations. Droughts across the world are intensifying and have become a “slow onset, silent killer” to which no country is immune, according to the UN’s most senior official working on desertification, drought and land restoration issues. Ibrahim Thiaw, the Executive Secretary of the UN Convention to Combat Desertification […]EBRD and Zagrebačka banka sign €100 million facility
December 3, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is partnering with Zagrebačka banka (ZABA) to provide an uncapped unfunded portfolio guarantee of up to €80 million under the European Union’s InvestEU Programme. ZABA will be the EBRD’s first partner financial intermediary under the programme. This financial instrument is designed […]New Eurobarometer survey shows record high trust in the EU in recent years
December 2, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The latest Eurobarometer released today reveals the highest level of trust in the European Union since 2007 and the highest-ever support for the euro. The survey also shows that Europeans have a more optimistic view about the future. They would like to see a […]Portugal: EIB Group and Santander provide €183 million to improve energy efficiency in buildings
November 28, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The EIB Group – comprising the European Investment Bank (EIB) and the European Investment Fund (EIF) – has signed a synthetic securitisation with Santander to support new investments in energy efficiency in Portugal worth €183 million. The operation will focus on the renovation of existing buildings to […]First European Semester Autumn Package under new economic governance framework sets out path for sound public finances and sustainable and inclusive growth
November 27, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission has presented the first European Semester Autumn Package since the ambitious and comprehensive reform of the EU’s new economic governance framework entered into force in April 2024. It is an essential step in delivering on the objectives of the reform to make […]Security Council urged to ensure greater protection of humanitarian workers
November 27, 2024 by Leave a Comment
This article is published in association with United Nations. With 2024 the deadliest year for aid workers on record, the Security Council must clearly condemn attacks against them and ensure accountability for perpetrators, a senior official with the UN humanitarian affairs office, OCHA, said on Tuesday. Lisa Doughten was addressing Ambassadors at a Council briefing on […]EU secures agreement on carbon market rules and new climate finance goal, with broader contributor base to drive clean investments, increase resilience and prepare the ground for further emission reductions
November 26, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. At the COP29 UN Climate Change Conference in Baku, the European Commission and EU Member States took the lead in brokering a deal to align global financial flows with the objectives of the Paris Agreement. Through the adoption of a New Collective Quantified Goal […]Türkiye launches industrial decarbonisation investment platform
November 26, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Türkiye has launched the Türkiye Industrial Decarbonisation Investment Platform (TIDIP) in Ankara today in a significant step towards achieving the country’s net-zero ambitions. The initiative is spearheaded by the European Bank for Reconstruction and Development (EBRD). The TIDIP aims to deploy $5 billion in investments by […]EBRD backs sustainability-linked bond issued by Romania’s mobility firm Autonom
November 25, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company. This strengthens Autonom’s commitment to continue the sustainability pathway set in 2021 when the company issued its landmark first sustainability-linked […]What’s the Alliance of Civilizations and why does it matter now?
November 25, 2024 by Leave a Comment
This article is published in association with United Nations. Wars grind on in Gaza, Lebanon, Sudan, Ukraine and beyond amid starvation and famine alerts and a sinister spike in online and offline hate, antisemitism and Islamophobia. Enter the UN Alliance of Civilizations, which will convene its 10th Global Forum from 25 to 27 November in a […]Commission finds German public capital injection in favour of WestSpiel to be incompatible State aid
November 25, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has concluded that a German public capital injection in favour of the casino operator Westdeutsche Spielbanken GmbH & Co. KG (WestSpiel) is not in line with EU State aid rules. Germany must now recover the incompatible aid, including interest. The Commission’s […]Most violent year in Syria since 2020, senior UN official tells Security Council
November 22, 2024 by Leave a Comment
This article is published in association with United Nations. This year of conflict in Syria is “on track to be the most violent since 2020”, with the potential for even greater devastation looming on the horizon, the UN Deputy Special Envoy for Syria told the Security Council on Thursday. “Many millions of Syrians are still outside their […]New GSMA report shows mobile internet connectivity continues to grow globally but barriers for 3.45 billion unconnected people remain
November 22, 2024 by Leave a Comment
This article is brought to you in association with the GSMA. Connecting those with access to existing mobile internet services would deliver an estimated additional $3.5 trillion in total GDP during 2023-2030 23 October 2024, London: The benefits of mobile connectivity have yet to be fully realised as 43% of the global population – equivalent to […]Medical Frontline Heroes: Ensuring Safety for Professionals in Conflict Zones
November 22, 2024 by Leave a Comment
This article was exclusively written for The European Sting by Ms. Njoya Yanfam Afssa Salma, currently a fifth year medical student attending the Faculty of Medicine and Pharmaceutical Sciences (FMPS) of the University of Douala, Cameroon. She is affiliated with the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this […]New Open Finance Guidelines Aim to Spur Financial Inclusion
November 21, 2024 by Leave a Comment
This article is published in association with IMF. Washington, DC – November 20, 2024: A coalition of international organizations today launched high-level guidelines for public authorities seeking to harness open finance to accelerate digital financial services and innovation and increase usage of a broader range of financial products. Alongside investment in digital public infrastructure, and ongoing […]Baku talks heat up: New climate finance deal, urban challenges in COP29 spotlight
November 21, 2024 by Leave a Comment
This article is published in association with United Nations. As intense round-the-clock COP29 climate talks enter their final stretch in Baku, delegates on Wednesday are eagerly awaiting updates on the progress of negotiations regarding a new climate finance target. Meanwhile, high-level discussions also continued, with a focus on key issues such as urbanization, transport, and tourism. […]Zelenskyy to MEPs: “We must end this war fairly and justly”
November 21, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. On Tuesday, Parliament held an extraordinary plenary session with Ukraine’s President Volodymyr Zelenskyy, marking 1000 days since Russia’s full-scale invasion. Opening the sitting, EP President Roberta Metsola said that Parliament would continue standing with Ukraine until it has “freedom and real peace, for as […]EU continues to be a global leader on sustainable finance
November 21, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. More than three years after the first transaction of our NextGenerationEU (NGEU) Green Bonds, the EU has issued more than €65 billion of NGEU Green Bonds, setting the EU on track to becoming the largest issuer of Green Bonds in the world. In line […]In the Line of Duty: Ensuring the Safety of Medical Workers During Bangladesh’s Civil Unrest
November 21, 2024 by Leave a Comment
This article was exclusively written for The European Sting by Mr. Sharif Mohammad Sadat is a medical student from Bangladesh. He is affiliated with the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and do not necessarily reflect IFMSA’s view on the topic, […]New UN initiative aims to counter climate disinformation
November 20, 2024 by Leave a Comment
This article is published in association with United Nations. As the dangers posed by climate change become increasingly evident worldwide, the need for reliable and accurate information on the impact of the environmental crisis is more crucial than ever. To address this, the United Nations, together with the Organization’s education and science agency, UNESCO and the Brazilian government, […]COP29 gets boost from Rio as G20 leaders back scaling up climate finance from ‘billions to trillions’
November 20, 2024 by Leave a Comment
This article is published in association with United Nations. The high-level diplomatic push for climate action shifted southward on Tuesday as G20 leaders meeting in Rio sent a clear signal to negotiating teams at stalled UN climate talks in Baku on the need to rapidly and substantially ‘scale up climate finance from billions to trillions from […]‘Breaking point’ reached on climate, while ‘outdated’ global system needs urgent reform: Guterres
November 20, 2024 by Leave a Comment
This article is published in association with United Nations. In a powerful appeal to the world’s largest economies during the G20 Summit, UN Secretary-General António Guterres on Tuesday called for urgent climate action and reform of international institutions, warning that current systems are failing to meet global challenges. Speaking at the G20 Summit – a forum […]European Commission issues €7 billion in its 10th syndicated transaction of 2024
November 20, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has today raised €7 billion of EU Bonds in its 10th syndicated transaction for 2024, €3 billion of which in the form of NextGenerationEU (NGEU) Green Bonds. The dual-tranche transaction concerned a €4 billion tap of the EU Bond maturing on […]EBRD, EU and Bank Respublika to support Azerbaijani MSMEs
November 19, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$ 7.5 million (€7 million) in local currency to Bank Respublika, one of Azerbaijan’s leading commercial banks. That partner bank will lend the proceeds on to micro, small and medium-sized enterprises (MSMEs). The […]
