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OSLO - Ingka, which owns the majority of Ikea stores worldwide, is seeking its first renewable investment opportunities in South Korea and Japan, with offshore wind the most promising option, the head of its investment arm said.
China-Africa relations have deepened over the past two decades, characterized by increased economic cooperation, investment and infrastructure development. China is now Africa’s largest trading partner, with partnerships focused on building roads, railways and energy projects.
Seven years seems a lifetime in politics. In 2017, President Donald Trump announced the United States would withdraw from the Paris Agreement. It prompted Canada, China and the European Union to convene an urgent meeting to reaffirm political commitment to global climate action.
Over the past few years, some Western commentators have proclaimed the “decline of China.” They argue China’s economy is failing, its youth are alienated and unemployed, it abuses human rights and represses its people, and its demographic decline means that China will never rise to surpass Western power.
Last year was the hottest on record by a wide margin. The planet is now 1.48 degrees Celsius warmer than it was before the fossil-fuel revolution.