Month: April 2024

Petrol price slashed by Rs5.45 per litre for next fortnight

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petrol-price

The petrol price in Pakistan has been slashed by Rs5.45 per litre from Rs293.94 to Rs288.49 for the next fortnight in line with the recommendations of the Oil and Gas Regulatory Authority (Ogra). The new fuel prices will be effective from this midnight (May 1), according to an official notification issued by the Finance Division on Tuesday. As per the notification, the price of diesel has also been cut by Rs8.42 per litre to Rs281.96 per litre. The prices of motor spirit (petrol) and high-speed diesel (HSD) for the next…

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SPAR6C Workshop in Lahore Pave the Way for Sustainable Waste Management and Carbon Finance

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Lahore, April 29-30, 2024:  An influential workshop concluded today in Lahore, bringing together 75 participants, including top officials from Provincial Planning and Development Departments, CEOs of key waste management companies, and senior managers from national and international banks. The two-day event focused on enhancing carbon finance opportunities and implementing data-driven solutions for solid waste management in Pakistan. Organized by the Supporting Preparedness for Article 6 Cooperation (SPAR6C) project, which is being implemented by the Global Green Growth Institute (GGGI) and led locally by the UNEP Copenhagen Climate Centre and supported…

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GoodWe Establishes Dedicated Department to Strengthen ESG Governance and Drive Long-Term Sustainability Initiatives

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goodwe

GoodWe, a leading global company in renewable energy industry, has announced the launch of Sustainable Development Research Institute, a team dedicated to advancing the company’s Environmental, Social, and Governance (ESG) performance and practices. Established in late 2023, the institute is tasked with formulating mid- to long-term sustainable development plans. It will play a role in promoting the effective implementation of sustainable decisions within the organization, better identifying, assessing, responding to, and continually managing ESG risks. This latest move is the next step in GoodWe’s accelerated focus on sustainability, which Daniel…

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G7 Agrees to Exit Coal by Mid-2030s in Push for Fossil Fuel Transition

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Fuel-Transition

TURIN, (Reuters) – Energy ministers from the Group of Seven (G7) major democracies have reached a landmark agreement to phase out coal-fired power plants by the first half of the 2030s, marking a significant stride towards a global transition away from fossil fuels. Italian Energy Minister Gilberto Pichetto Fratin, chairing the G7 ministerial meeting in Turin, confirmed a technical agreement with plans to finalize the political deal on Tuesday. The upcoming final communique from the ministers will outline the G7’s commitments to decarbonize their economies, including the phased shutdown of…

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