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Topics tagged with 'United Nations'

More in: United Nations
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Rugby star kicks off Global Climate Working Bee

24 Sep 2010

All Black Conrad Smith says he is supporting the 350 Aotearoa Global Climate Working Bee.

UN urges airlines to slash carbon emissions

17 Sep 2010

UN climate chief Christiana Figueres has urged the air transport industry to press on with curbs on emissions, underlining that it held "critical keys" to tackling global warming.

Carbon traders setting up shop in Singapore

3 Sep 2010

More companies trading in carbon offsets and those financing emissions reduction projects are setting up shop in Singapore.

Bjorn Lomborg ... a matter of money.

Lomborg changes tune in new book

3 Sep 2010

Climate change sceptic Bjørn Lomborg, once compared to Adolf Hitler by UN climate chief Rajendra Pachauri, will publish a book next month that calls climate change “one of the chief concerns facing the world today.”

Indonesia ripe for trading fraud, warn experts

27 Aug 2010

Ambitious plans to harness Indonesia’s millions of hectares of forest to offset carbon emissions could give rise to a new strain of corruption and financial fraud unless managed properly, experts warn.

Harry Derwent ... confidence at a low ebb.

Traders demand EU act to bolster market

27 Aug 2010

European carbon market traders have called on the European Union to act now to inject some much needed confidence into the market.

EVENT: Carbon Forum Asia 2010: October 27-28, Singapore

27 Aug 2010

As of July 2010, the United Nations Framework on Climate Change Convention has registered more 2300 CDM (Clean Development Mechanism) projects globally, an increase of more than 35 per cent over a year ago.

Floods might have set new benchmark

20 Aug 2010

Flooding that has swamped one-fifth of Pakistan and left millions homeless could be the worst natural disaster to date attributable to climate change, UN officials and climatologists believe.

Ecuador touts world's first really green oil deal

13 Aug 2010

Ecuador's ambition to save its rainforest from exploitation could point the way to sparing other threatened landscapes

Huge Greenland iceberg sparks sea-level scare

13 Aug 2010

Sea levels could rise by up to seven metres if greenhouse gas emissions are not scaled back, a panel of leading geoscientists has told the US Congress.

Copenhagen loopholes ‘make farce' of rich pledges

6 Aug 2010

Wealthy nations’ pledges to cut greenhouse gas emissions could be made farcical by loopholes in the UN climate change treaty put forward in Copenhagen last year.

Christiana Figueres ... we must exceed our expectations.

Countries must step up action, says climate chief

6 Aug 2010

With the future of humanity at stake, governments must continue building common ground to further progress on climate change, the new United Nations chief on the issue said in the latest round of international negotiations which kicked off in Bonn this week.

UN: Pacific needs help to cope with climate change

6 Aug 2010

Closer international cooperation is necessary to help Pacific island nations to combat the impact of climate change, Secretary-General Ban Ki-moon said today, pledging the United Nations’ commitment to mitigating the problem.

UN has Kyoto 'plan B' option if climate talks fail

23 Jul 2010

The UN is considering reducing the number of countries involved in faltering international climate talks in an effort to push through a deal.

China to begin domestic carbon trading

23 Jul 2010

China will start carbon trading in domestic businesses during the next five-year plan beginning in 2011 with an aim to reduce carbon emission.

UN to channel billions into coal-fired power plants

16 Jul 2010

The UN is set to channel billions of dollars of public money from rich countries to giant energy companies to build 20 heavily polluting coal-fired power plants on the basis that they will emit less carbon dioxide than older ones.

Pacific Islands call on rich countries to pay up

16 Jul 2010

Angry Pacific Islands states have called on rich countries to advance progress that has been stalled in delivering financial resources for climate change adaptation and mitigation projects.

Kenya pushes for first ETS in Africa

16 Jul 2010

Kenya is set to become a carbon trading hub in Africa if plans to establish a regional carbon emissions trading market prove successful.

Achim Steiner ... new ideas from China.

China talks to pave way for Mexico summit

9 Jul 2010

China will host an additional round of climate talks in October in Tianjin before UN members convene in Mexico at the end of the year for a climate change summit.

Bank puts its money where its lightbulbs are

2 Jul 2010

Deutsche Bank and Ecuador have entered into a pioneering transaction to finance household energy efficiency through the carbon market.

UN gives bad Bulgaria the Kyoto boot

2 Jul 2010

Bulgaria has been suspended from United Nations carbon trading for violating greenhouse reporting rules set under the Kyoto Protocol.

Yvo de Boer ... the world will get it right.

De Boer departs … delighted, determined

25 Jun 2010

The UN’s outgoing chief climate negotiator, Yvo de Boer, is confident that the world is making progress on global warming.

Surprise! Bonn talks make some progress

18 Jun 2010

Delegates from 184 countries meeting in Bonn last week were never going to find it easy to deal with the debris left after the inconclusive result of last December’s UN climate change summit in Copenhagen.

NZUs continue to be well bid

18 Jun 2010

With less than two weeks until July 1, when emitters start coming into the Emissions Trading Scheme, interest in the New Zealand market continues to grow, says broker OMFinancial.

Nations work hard on trust at Bonn talks

11 Jun 2010

Climate change negotiators from 194 countries are hard at work in Bonn, not just hammering out details of a future world deal but at rebuilding trust among nations.

New trading platform promises to shake up voluntary carbon market

11 Jun 2010

A new trading platform is promising to shake up the voluntary carbon market by allowing companies of all sizes to carbon offset in a fast, transparent and efficient online exchange.

MAF issues several new ETS guides for forestry and agriculture

4 Jun 2010

MAF has produced several new guides relating to the ETS and forestry and agriculture.

Christiana Figueres ... Cancun is critical.

Figueres believes world deal can be done in Mexico

4 Jun 2010

Agreement can be reached in Mexico this year on the basis for a post-2012 global climate change deal, believes the UN’s new climate chief Christiana Figueres

We must move from meat diet, says UN

4 Jun 2010

A global shift toward a vegan diet is vital to save the world from hunger, fuel poverty and the worst impacts of climate change, a UN report says.

China to start carbon market by 2014

4 Jun 2010

China will set up a domestic market for trading carbon emissions by 2014 and hand companies “half-mandatory” targets for limiting their greenhouse gases, said a government official.

Indonesia agrees to curb commercial deforestation

28 May 2010

Indonesia has declared a two-year moratorium on clearing natural forests as part of a billion-dollar deal aimed at reviving efforts to fight climate change.

Yvo de Boer ... times are harsh.

Time to pay up, UN tells rich nations

28 May 2010

The United Nations has told rich countries it’s time to front up with the money they pledged in Copenhagen last December to fight climate change.

Christiana Figueres ... passion for the issues.

Costa Rican to head UN climate body

21 May 2010

The daughter of a former president of Costa Rica has been named the United Nations new climate chief.

James Hansen ... knowledge gap is growing.

Climate dice dangerously loaded, says Hansen

14 May 2010

Evidence for global warming has mounted but public awareness of the threat has shrunk, due to a cold northern winter and finger-pointing at the UN's climate experts, leading NASA scientist James Hansen has warned.

UN bans Bulgaria from carbon trading

14 May 2010

Bulgaria will be banned from carbon emission trading as of June 30 after a United Nations body opened a procedure to revoke its accreditation under the Kyoto Protocol.

World must act to salvage biodiversity, says UN

14 May 2010

A new biodiversity report released by two United Nations environmental bodies says that unless radical and creative action is taken quickly to conserve the variety of life on Earth, natural systems that support lives and livelihoods are at risk of collapsing.

Yvo de Boer ... maybe by 2012.

No climate deal this year, says UN climate chief

7 May 2010

Outgoing United Nations climate chief Yvo de Boer believes there will be no comprehensive climate treaty this year, saying that a major UN conference in December would yield only a first answer on curbing greenhouse gases.

India talks tough in runup to Mexico

7 May 2010

India has made one of the strongest formal submissions in recent times for climate change negotiations, hardening its stance ahead of a hectic six months of talks leading to a key meeting in Mexico in November.

Richard Sandor ... cap and trade pioneer.

US whizkid sells Chicago Climate Exchange

7 May 2010

American financial entrepreneur Richard Sandor and the other shareholders of parent company Climate Exchange have cashed out of their big idea for about $600 million.

Scientists hit the skies to measure gas emissions

7 May 2010

The state of California is about to become a giant playground for more than 200 atmospheric scientists.

Scientists pick peers to review UN panel

7 May 2010

A 12-member committee has been chosen to conduct an independent review of the United Nation's Intergovernmental Panel on Climate Change.

UN pushes clean energy access to fight poverty

30 Apr 2010

Increasing access to clean energy and improving its efficiency will be vital to both enhancing global prosperity and combating climate change, according to a new report by Secretary-General Ban Ki-moon’s advisory group on the nexus between energy and climate.

EU carbon auctions to limit pain for exchanges

9 Apr 2010

A plan to auction European Union carbon-dioxide allowances for the third phase of the bloc’s emissions trading market will limit the “negative impact” on existing exchanges and brokers, the regulator said.

Climate change faces the trillion-dollar question

1 Apr 2010

Political and business leaders gather in London today to try to revive the world's faltering challenge to global warming.

Rajendra Pachauri ... apologies all round.

Repentant Pachauri slips into neutral

1 Apr 2010

The outspoken chairman of the UN’s climate change body is to adopt a neutral advisory role and has agreed to stop making statements demanding new taxes and other radical policies on cutting emissions.

Russians rally to save world’s oldest lake

1 Apr 2010

Hundreds have protested in Moscow against the reopening of a factory environmentalists say will lead to waste being dumped into the world's oldest lake.

It’s getting hot in here, weather figures show

26 Mar 2010

The first decade of the new millennium was the warmest on record, the United Nations weather monitoring agency has announced.

Paul McCartney ... less meat, less heat.

Don't blame cows for climate change, says scientist

26 Mar 2010

A scientist in the United States has questioned the impact meat and diary production has on climate change and has accused the United Nations of exaggerating the link.

UN launches global gas emissions calculator

26 Mar 2010

The United Nations has launched the first common system of calculating the amount of greenhouse gases produced in a given city.

Europe shambles could boost value of NZ credits

19 Mar 2010

The value of New Zealand Kyoto credits could rise on the back of a European scandal over recycled CERs.

Adaptation
More >
The announcement last week prompted a call for Justice Minister Paul Goldsmith's resignation

NZ Govt’s move to halt climate litigation under international scrutiny

Tue 19 May 2026

By Liz Kivi | Local and international NGOs have signed an open letter calling on the Government to reconsider its decision to shield major emitters from legal liability for climate-related harm.

Agriculture
More >

Media round-up

Fri 15 May 2026

In our round-up of climate coverage in local media: The government's move to change climate law removes a key protection for NZ citizens, farmers should be paid to use methane-busting tools, and it's one step forward, three steps back on environment policy.

Airlines
More >

$30m airline fund risks ‘burning public money’ without lasting benefit – expert

20 Mar 2026

By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.

Aviation
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Europe has 'maybe six weeks of jet fuel left', energy boss warns

20 Apr 2026

Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.

Biodiversity
More >

Govt unveils long-awaited voluntary carbon market guidance

Fri 15 May 2026

By Shannon Morris-Williams | The Government has released long-awaited guidance for New Zealand’s voluntary carbon and nature markets, as questions continue for the sector despite ministers signalling support for its growth.

Biofuels
More >

Biomass sector asks: where did the love go?

Mon 18 May 2026

By Pattrick Smellie | New Zealand has sufficient biomass in its plantation forests to replace natural gas for industrial process heat at lower costs than electrification, but is failing to get the attention it deserves, sector leaders say.

Carbon Credits
More >

Carbon News updates forward curve

13 May 2026

Carbon News has updated its ten-year NZU forward curve, following a recent rise in spot market prices, with NZUs rallying from about $34 in January to nearly $54 in early May.

Carbon News world
More >

Declare climate crisis a global public health emergency, experts tell WHO

Tue 19 May 2026

The climate crisis should be declared a global public health emergency by the World Health Organization, or millions more people will die unnecessarily, leading international experts have said.

Carbon prices
More >

Drop in ETS forestry registrations

5 May 2026

By Liz Kivi | ETS forestry registrations have dropped off this year, with the new mandatory emissions return period, new land-use rules, and carbon price volatility all meaning participants aren’t rushing to register forestry in the emissions trading scheme.

Coal
More >
Political debate at Electrify Queenstown

Hipkins pans LNG plan as ‘massive step backwards’

Tue 19 May 2026

By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.

Comment
More >
Waihora Forest, Gisborne – land currently for sale.

Tairāwhiti deserves better than weakened forestry rules

5 May 2026

OPINION: The government's proposed amendments to forestry standards, released yesterday, ignore the hard lessons learned in our region and ignore the voices that have fought hardest to protect it, writes Manu Caddie.

Construction
More >
Andrew Eagles, NZGBC chief executive (centre) launched the manifesto last week

Green building council calls for clean energy policies

Mon 18 May 2026

The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.

COP
More >
Parliament Buildings, Budapest

What Magyar’s defeat of Orbán in Hungary means for climate and energy

21 Apr 2026

Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.

Emissions trading
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Conservation land open for voluntary carbon market schemes

12 May 2026

By Pattrick Smellie | The government is to open up the Crown-owned conservation estate to private investment in voluntary carbon market projects.

Extinction
More >
WWF-New Zealand chief executive Kayla Kingdon-Bebb

Environmental groups call for ETS reform

20 Feb 2026

Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.

Extreme weather
More >

Future big droughts may be worse than we think – NZ’s past shows why

Mon 18 May 2026

By Adam Brown, University of Waikato; Dave Frame, University of Canterbury, and Luke Harrington, University of Waikato | For an agricultural nation like New Zealand, severe drought is one of the most ominous consequences of a warming planet.

Fishing
More >

EDS urges MPs to scrap the Fisheries Amendment Bill

5 May 2026

Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.

Forestry
More >

Govt presses ahead with forestry rule changes despite opposition

Thu 14 May 2026

By Shannon Morris-Williams | The Government is pushing ahead with changes to commercial forestry rules despite most submitters opposing the proposals, with critics warning the reforms will weaken councils’ ability to manage erosion and forestry slash risks in vulnerable regions such as Tairāwhiti.

Fossil fuels
More >

Greenpeace's new fuel crisis scorecard: Coalition flunks, Labour offers few commitments

Tue 19 May 2026

Media release | As fuel prices remain high and the Budget looms closer, Greenpeace Aotearoa has released a scorecard ranking political parties on practical solutions to cut dependence on imported fossil fuels and shield households from oil and gas price shocks.

Geothermal
More >

RMA to speed up fossil fuel consents

18 Aug 2025

By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”

Green finance
More >

New funding for low methane farming uptake

29 Apr 2026

By Pattrick Smellie | The government will co-fund projects under an Early Adoption Accelerator scheme announced today to accelerate the uptake of low emissions farming technologies emerging from the AgriZero public-private partnership.

Greenhouse Effect
More >

A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline

Fri 15 May 2026

Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.

Greenwashing
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Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime

Fri 15 May 2026

By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.

Hydro power
More >

‘Formidable’ El Niño expected this winter

29 Apr 2026

By Liz Kivi | Meteorologists are anticipating a significant El Niño influence on weather patterns across the country from winter onwards, with predicted lower rainfall for some areas and heavier rain for others likely to impact multiple sectors of the economy as well as the carbon market.

Hydrogen
More >
Farmer spreading fertiliser

Victorian Hydrogen announces Southland urea fertiliser project using coal

22 Apr 2026

By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.

Insurance
More >

Media round-up

24 Apr 2026

In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.

Kyoto
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Waitangi Treaty Grounds

Climate law change spanner in the works for Waitangi Tribunal Inquiry

19 Dec 2025

By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.

Litigation
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Labour climate spokesperson Deborah Russell with Fonterra group director, global external affairs, Simon Tucker, Fonterra director of sustainability Charlotte Rutherford, and Fonterra director Alison Watters.

Labour condemns Govt plan to stop climate litigation

Fri 15 May 2026

By Liz Kivi | The Labour Party has slammed the Government’s move to block climate lawsuits against big emitters but won’t say if they would repeal the legislation if elected in November.

LNG
More >
Gas tanks at Te Whakaraupō/Lyttelton Harbour

GIDI-style help cheaper than LNG: MBIE

11 May 2026

By Pattrick Smellie | Officials advised ministers last July that the lowest-cost way to free up gas for use during dry winters was to assist industrial gas users to switch to electricity.

Low carbon
More >

Govt missing tricks to save fuel in crisis

30 Apr 2026

By Shannon Morris-Williams | The Government is being urged to shift its response to the fuel crisis away from short-term relief and towards measures that reduce demand, with public health experts warning it is missing an opportunity to boost energy security and lower household costs.

Market advice
More >

Climate risks could reshape business finances, new guidance warns

15 Apr 2026

By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.

Methane
More >

Move to block lawsuits could strengthen climate case against Govt

Thu 14 May 2026

By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.

Mining
More >

Coal mine challenge reaches Aus High Court

13 May 2026

What climate change impacts should a planning authority have to take into account when assessing a mining project?

NZ Market Report
More >

NZ's latest climate target 'weak' – Climate Action Tracker

24 Jun 2025

By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.

Oceans
More >

Deep-sea mining risks biodiversity loss lasting decades, scientists warn

11 May 2026

By Shannon Morris-Williams | The first comprehensive review of deep-sea mining research has found mining could cause ecological damage lasting decades and, in some ecosystems, irreversible biodiversity loss, with New Zealand experts warning the industry poses major risks to fragile ocean environments.

Oil
More >

Environmental groups sue Trump administration over approval of new ultra deep-water drilling project

23 Apr 2026

Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.

Paris Agreement
More >

Opposition slams environment ministry merger

13 May 2026

By Shannon Morris-Williams | Opposition MPs accused the Government of downgrading climate and environmental protections as legislation to abolish the Ministry for the Environment and merge it into a new mega-ministry passed its second reading in Parliament.

Planetary boundaries
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Commission urges Govt action on climate risks

7 May 2026

By Liz Kivi | Climate change currently poses major risks to our water infrastructure with “significant gaps” in readiness to manage risks and increasing hazards, according to the Climate Change Commission.

Plastics
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ESG funds include petrochemical companies, report finds

5 May 2026

Global banks have invested US$133bn into US petrochemical expansion, even as the industry is linked to climate change.

Policy development
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Urgent need to rethink tourism says expert

Mon 18 May 2026

By Shannon Morris-Williams | The post-pandemic recovery has created an urgent need to rethink how tourism operates, who benefits from it, and how it impacts the social and environmental systems it depends on, according to new research.

Protest
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Thousands protest in Germany urging faster shift to renewable energy, amid Iran war

20 Apr 2026

Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.

Rare earth minerals
More >
Green Party co-leader Marama Davidson

Green Party calls for national electrification plan

20 Apr 2026

By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.

Renewable energy
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China widens its clean energy lead

Mon 18 May 2026

Chinese companies account for more than half of global investments in clean energy manufacturing since 2019, while new U.S. investments declined last year.

Resource management
More >
Cruise ship in Milford Sound

‘Landmark’ conservation reform bill – boost or bust for nature?

8 May 2026

By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.

Science
More >

Combined climate extremes may prompt carbon budget rethink

Thu 14 May 2026

Media release: Springer Nature | Combined extreme climate events are likely to become more common in the future if carbon emissions continue to rise, a paper in Nature suggests.

Solar
More >

Africa secures major clean energy deals as France deepens investment push

Fri 15 May 2026

French and African leaders have announced more than $11 billion in renewable energy investments across Africa, underscoring the continent’s growing importance in the global push for cleaner energy and industrial development.

Tax
More >
Associate Professor Ru Hong

Carbon trading schemes cut more emissions than carbon taxes, according to global study

20 Mar 2026

By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.

Technology
More >

Why both trees and technology are important in the race to mitigate carbon emissions

4 May 2026

Different carbon‑removal approaches solve different problems, and pitting these technologies against each other could slow progress.

The House
More >

Pacific climate response in question as NZ finance remains unclear

19 Dec 2025

By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.

Transport
More >

More red lights for cars might mean more green lights for sustainable transport

7 May 2026

Media release: Royal Society Open Science | Reducing the amount of green light time for cars at traffic lights could encourage commuters to switch to more sustainable transport.

Waste
More >

NZ First moves to revive container return scheme

4 May 2026

By Shannon Morris-Williams | NZ First is aiming to launch a national container return scheme, which could recycle over a billion wasted containers each year, reviving a policy shelved by the previous Labour-led Government in 2023.

Water
More >
Steve Abel, Green Party resources spokesperson

Greens condemn planned coal mine next to protected wetland

4 May 2026

By Liz Kivi | The Green Party says a new plan for a coal mine and fertiliser plant next to an internationally significant wetland is “ecological vandalism and climate denial.”

Wildfires
More >

Why is Northern Ireland facing a growing threat from wildfires?

7 May 2026

Figures show that spring drought events are happening more often while there has been a sharp rise in "fire weather" - a mix of warmth, dryness, and wind that allows fires to ignite and spread rapidly. Experts warn this combination, along with climate change, is creating a longer and more volatile wildfire season.

Wind energy
More >

Trump has hindered offshore wind while China and other countries invest heavily

Mon 18 May 2026

President Donald Trump is stopping offshore wind projects in the United States, just as the industry was poised to grow significantly.

More in: United Nations
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