APT Translations

Japan plans to announce by the end of March the winners of a second major round of offshore wind tenders to build 1.8 gigawatt (GW) of capacity in four areas.

Although desperate to ease its heavy dependence on energy imports from the Middle East and Russia, Japan is coming late to offshore wind, but some industry players say it is taking a more cautious approach that puts it at a disadvantage.

Any final decision is non-binding, meaning countries can agree to something and then not not follow through. And when tens of thousands of people travel to the event, a lot of greenhouse gas emissions are produced, which is contrary to the entire point of the conference.

The UK government said the new investment would create 12,000 jobs "in our most innovative sectors, including tech, life sciences, renewables, housing and infrastructure.

"India and the UAE stand as partners in shaping a greener and more prosperous future, and we remain steadfast in our joint efforts to influence the global discourse on climate action," he said.

Modi will attend the World Climate Action Summit on Friday during the United Nations 'Conference of the Parties' on climate, known as COP28.

There is high demand for critical and strategic minerals, and the demand is usually met by imports. Critical minerals are used in various sectors, including renewable energy, defence, and agriculture.

The IEA delegation was led by Deputy Executive Director Mary Burce Warlick, the MEA informed, adding that the two sides held discussions on New Delhi's cooperation with the global agency.

The report, titled "The role of the CFO and finance function in the climate transition: driving value and sustainability," is based on a survey of 1,000 senior finance professionals worldwide.