AGP Executive Report
Last update: 6 hours agoCleantech & Circular Economy: Swiss startup GR3N raised €15.5M to build MODUS, a 40,000-ton-per-year microwave-assisted PET recycling plant in Spain, targeting the 85% of PET waste that mechanical recycling can’t handle and cutting CO2 versus virgin production by up to 80%. Swiss Business & Regulation: NZZ is suing Swiss regulator Swissmedic after orders to delete articles it says were treated as unauthorised advertising for prescription medicines, with two court cases now pending. Cybersecurity: RUAG says it paid a ransom after hackers blackmailed a US subsidiary, reporting it got the data back—despite federal guidance generally advising against paying. Public Policy & Economy: Switzerland will support international sporting events in 2027-2029 with extra CHF 8.24M credits, aiming for wider economic and mass-sport benefits. Environment & Health: A Swiss-linked study estimates a Bitcoin transaction generates about 486 kg of CO2, while Ethereum’s is far lower—fueling renewed debate on crypto’s climate footprint. International Trade & Development: Switzerland co-finances FAO farmer field schools in Moldova to help small vegetable producers improve sustainable practices, productivity, and market access.
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