The World Bank is committing $1 billion to help build what could be the world’s largest hydropower project in the Democratic Republic of Congo. The project, which could attract about $85 billion in private investment, has the potential to generate 11,000 megawatts of power once completed. Bloomberg reports on the story.
Meanwhile, in the US, areas of Alaska’s wilderness are being opened up to oil and gas extraction by the Trump administration, reversing protections put in place by Biden. The decision is in line with Trump’s election campaign promises to the oil industry. The Financial Times reports on the news.
