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Malta drops to 34th place in Climate Performance Index

Malta drops to 34th place in Climate Performance Index

Malta has dropped to 34th in the 2025 Climate Change Performance Index (CCPI), continuing downward from 29th in 2024 to 18th in 2023. While the country performs well in energy use, ranking 16th, it struggles with renewable energy, placing 44th due to slow progress in solar adoption and stalled offshore wind projects despite discussions since the 1990s. The government launched a National Policy for Offshore Renewable Energy in October 2024, but tangible results remain absent. Malta’s reliance on fossil fuels persists, highlighted by purchasing a diesel-powered plant in 2024 to address electricity shortfalls.

In climate policy, Malta ranks 34th, with weak implementation despite the establishment of the Climate Action Authority in 2024. Subsidies aimed at reducing fuel poverty, while commendable, inadvertently promote high energy consumption and waste. The transport sector also lags, with automobiles dominating despite free public transport being introduced in 2022. Bicycle lanes remain limited, although subsidies for electric vehicles have led to increased adoption.

Read the original article here: https://www.maltatoday.com.mt/news/national/133063/malta_drops_to_34th_place_in_climate_performance_index

Seychelles and Kenya discuss candidature for the position of Chairperson of the African Union Commission

Seychelles and Kenya discuss candidature for the position of Chairperson of the African Union Commission

Seychelles’ Principal Minister, Jean-François Ferrari, met Kenyan leader Raila Odinga at Maison Quéau de Quinssy to discuss Odinga’s candidacy for Chairperson of the African Union Commission (AUC) for the 2025-2029 term.

Odinga outlined his vision and priorities for the role, while Minister Ferrari highlighted Seychelles’ importance in the upcoming elections. He also emphasised the need for the AUC to address the challenges African island states face. He pledged Seychelles’ support for a candidate capable of transforming the organisation to meet member states’ aspirations. The AUC Chairperson and Deputy Chairperson elections are set for February 2025 at the African Union Summit in Addis Ababa.

Read the original article here: https://www.africa-newsroom.com/press/seychelles-and-kenya-discuss-candidature-for-the-position-of-chairperson-of-the-african-union-commission?lang=en

Microsoft CEO Satya Nadella announces data center and AI partnership with Indian companies

Microsoft CEO Satya Nadella announces data center and AI partnership with Indian companies

Microsoft CEO Satya Nadella has unveiled a $3 billion investment in cloud and AI infrastructure in India, alongside partnerships with key organisations across sectors such as healthcare, finance, education, and public services.

Collaborations include RailTel for AI-driven rail and public sector transformation, Apollo Hospitals for healthcare copilots, and Bajaj Finserv to drive financial AI innovation. Mahindra Group will launch an AI division, while upGrad aims to train 1 million STEM learners in AI by 2025. Microsoft partnered with India AI to establish AI Productivity Labs, skill 500,000 individuals by 2026, and support 100,000 developers. The initiatives highlight India’s growing role in global AI leadership.

Read the original article here: https://www.msn.com/en-in/news/other/microsoft-ceo-satya-nadella-announces-data-center-and-ai-partnership-with-indian-companies/ar-AA1xap8b?ocid=BingNewsBrowse

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Webinar on the Isle of Man: The Exemplary Jurisdiction for Asset Management Recording

Webinar on the Isle of Man: The Exemplary Jurisdiction for Asset Management Recording

Our notable speakers provide a compendium of information on the structure of the territory’s legal system, its financial services and the multifaceted process for relocation. They also discuss the factors and governance frameworks that have led to the success of the leading financial jurisdiction as well as the many incentives that make the Isle of Man such a prime destination for relocation, particularly for internationally mobile families.

South/East Asia StartUp Summit 2022

South/East Asia StartUp Summit 2022

The international conference focussed on tech-enabled entrepreneurship in Southeast Asia and provided a virtual platform to engage youth with different activities and discussing exciting opportunities being created as the region’s ecosystem continues to thrive and grow!

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