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The EU is getting serious about banning products from forced labor: In her State of the Union speech, EU Commission chief Ursula von der Leyen complies with demands from the European Parliament and announces a ban on imports. A new chip law is also intended to make the bloc less dependent on Asia. Von der Leyen also presented the new name for the planned European counterpart to the Chinese Silk Road.
By Amelie Richter
The market for electric vehicles is developing far more dynamically than could have been expected years ago. Countries that fail to recognize the trend now and convert their economies will face high subsequent costs in the future, believe former International Monetary Fund Vice President Min Zhu and economists Fuad Hasanov and Reda Cherif . The trio of state-affiliated economists believe: market forces in emerging markets will drivethe electric revolution much faster than the stolid players in established industrialized countries have so far expected.
By Redaktion Table
In China, an area of about 36,000 square kilometers is to be afforested annually until 2025. One goal of this project is to counteract climate change by creating larger CO2 reservoirs. Although the plan fits in with Beijing's target of a climate-neutral economy by 2060, its origins date much further back.
By Redaktion Table