Cyprus can become a leader in sustainability , – but we can’t afford to be complacent about climate change

Cyprus can become a leader in sustainability , – but we can’t afford to be complacent about climate change

Marios Tannousis is the CEO of Invest Cyprus, focusing on attracting and facilitating Foreign Direct Investment (FDI) in Cyprus. Cyprus has committed to spending €500 million by 2026 to combat climate change and foster the green transition. Cyprus aims to become the best place in Europe to live, work, and do business by transitioning towards a renewable energy system and implementing Environmental, Social, and Governance (ESG) criteria. The country is strategically positioned to help combat climate change in the Middle East and North Africa regions. Cyprus is working towards becoming a leader in sustainability and developing a circular zero-waste economy.

LG Group to invest $74.4 bln over next 5 years

LG Group to invest $74.4 bln over next 5 years

LG Group will invest 100 trillion won (.42 billion) within South Korea over the next five years, with half of the investment allocated to future technologies such as artificial intelligence, environmentally clean technology, batteries, auto parts, and next-generation displays.