Ofer Levin: “Austria is no doubt a role model in flood defense”
It happened on July 17, 2021. Within merely 3 hours heavy rains fell on the Austrian capital, flooding metro stations, garages, underpasses, tunnels, and cellars, and setting a new all-time record. The main culprit for this unusual weather event was once again climate change which in recent years has been causing extreme weather phenomena across […]
Ofer Levin GTI: “In this year’s climate summit, the business sector is much more committed than ever before”
In an attempt to avoid catastrophe world leaders from 200 countries are taking part in the 26th Conference of the Parties (COP26) climate summit in Glasgow (31 October to 12 November). Many countries will present their plans to reduce emissions from fossil fuels like coal, oil and natural gas by 2030. In a previous summit […]
Ofer Levin Investments: “An increase in demand for natural gas has caused its price to jump dramatically”
There are rising concerns in Europe regarding the ongoing increase in natural gas prices. According to the International Energy Agency (IEA), prices in September have tripled and even quadrupled in Germany and Spain compared with the averages of 2019 and 2020. Natural gas has become in recent years a crucial source for electricity, heating and […]
Climate Change endangers the Middle East
Last year’s weather events were exceptionally unusual according to experts and laymen alike. The region experienced extended forest fires in Syria and Lebanon, deadly floods in Sudan, extreme heatwaves in Jordan and Iraq, and even unusual snow in the Saudi desert along sudden floods in January. A series of reports by the Arab Forum for […]