How Global Tourism Can Be More Sustainable

One of the world’s biggest economic activities, tourism drives wealth, employment, and regional development. In 2018, international tourist arrivals reached 1.4 billion, while total export earnings from international tourism reached USD 1.7 trillion, or almost USD 5 billion per day on average, according to the latest data from the UN …

Oil Market Report: Economic Woes Hold Sway Over Geopolitics

While geopolitical tensions in the Middle East Gulf remain high, with US sanctions recently extended to more Iranian officials and a Chinese oil importer, as well as another tanker seizure, oil prices (Brent) have eased back from the most recent high of $67/bbl. Shipping operations are at normal levels, albeit …

28,000 Jobs at Risk in North of England over Low-Carbon Economy

As many as 28,000 jobs will be lost in the north of England in the next 12 years under the government’s drive towards a low-carbon economy, a thinktank has warned. The Institute for Public Policy Research (IPPR) said in its report that the region could be at the heart of …

Cities Around the World Lay the Groundwork for a Zero-Waste Future

Cities around the world are pledging to reduce waste over the next 12 years in an effort to curb global warming and eventually become zero-waste cities. During the Global Climate Action Summit, the C40 announced a new initiative that encourages cities to eliminate waste production and end the practice of …

Sustainability of Western Balkans Rising Public Debt Becomes Questionable

Yesterday, the regional study Public Debt on western Balkans was released in the framework of “Balkan Monitoring Public Finance” project. At the same time that was an occasion to discuss with the representatives of World Bank, Parliament of Montenegro, Western Balkan civil society organizations and prominent media from the region …

Public Debt in Southeast Europe: Why to Enable Public Participation?

In the framework of project ‘CSOs as equal partners in monitoring public finance’, a regional study of public debt in Western Balkans showed that the rising trend of public debt triggered alarm bells concerning the long term sustainability of public finances, especially given that the debt tolerance level is lower …