News

Governments and businesses urged to collaboratively support recycling in developing nations

May 22, 2019

Amid what Sir David Attenborough has dubbed an "unfolding catastrophe" of plastic pollution in developing nations, urgent calls have been made for governments and finance firms to make collective and "significant investment" in circular economy systems across Africa, Asia and Latin America.

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Global investment in coal tumbles by 75% in three years, as lenders lose appetite for fossil fuel

May 16, 2019

More coal power stations around the world came offline last year than were approved for perhaps first time since industrial revolution, report says.

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Clean Energy Investment Building Momentum

May 16, 2019

Clean Energy Investment (CEI) will be a key contribution to the United Nations Secretary-General’s Climate Action Summit in September 2019, where Denmark, Ethiopia and Sustainable Energy for All (SEforALL) will co-lead the Energy Transition Track.

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Oil faces investment crunch as fund managers go cold on fossil fuels, Hurricane CFO says

May 21, 2019

Medium-sized oil companies are finding it more difficult to secure investment as fund managers’ attitudes to fossil fuels worsen, an industry stalwart said.

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Combat climate change by taxing carbon instead of salaries, UN chief urges

May 17, 2019

Governments around the world should tax carbon emissions instead of people’s salaries to limit the damage caused by climate change, the UN secretary-general has said.

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Cheap batteries to drive electric vehicle sales boom

May 17, 2019

Economics will drive a massive turn towards electric vehicles in the 2020s, says Bloomberg New Energy Finance.

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Germany’s First ‘Electric’ Highway Charges Trucks as They Drive

May 13, 2019

Germany has opened the first stretch of a so-called electric highway that will connect hybrid trucks to overhead wires, allowing them to recharge while traveling on the country’s main transportation arteries.

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Investors face $1.2T in costs from climate change inaction

May 13, 2019

Inaction on climate change could cost the world’s top companies $1.2 trillion over the next 15 years, according to a new report from the United Nations (UN) Environment Finance Initiative project reflecting the input of 20 institutional investors from 11 countries.

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Proposal to spend 25% of EU budget on climate change

May 8, 2019

Eight European countries have called for an ambitious strategy to tackle climate change – and to spend a quarter of the entire EU budget on fighting it.

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Green scene: The most eco-friendly cities in the world

May 8, 2019

By slashing carbon emissions, recycling waste and conserving natural resources, these sustainable cities are creating greener environments for residents, tourists and wildlife.

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Presenting the 8 Winners of the SDG Action Awards 2019

May 3, 2019

Campaigners, Storytellers, Mobilizers, Connectors, Campaigners, Visualizers, Includers, Creatives, these are the most transformative and impactful SDG initiatives of the year.

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‘It’s a team sport’: Leaders say partnerships are key to climate resilience

May 1, 2019

If cities are to become more resilient in the face of threats from climate change, they need to focus on building partnerships internally, with each other and with the private sector, leaders said Monday.

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US Fracked Gas Imports to EU Could ‘Take World Far Beyond Safe Climate Limits’, Campaigners Warn

April 30, 2019

Environmental activists representing more than 200 organisations have called on the EU and the US to put an end to a booming transatlantic trade in fracked gas or face “taking the world far beyond safe climate limits”.

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Innovative Climate Action – New Credit Card Limits Climate Impact of Users

April 30, 2019

UN Climate Change News, 30 April 2019 – Swedish fin-tech company Doconomy has launched the first credit card that not only helps users track and measure their CO2 emissions associated with their purchases, but also helps limit the climate impact of their spending.

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‘Companies aren’t moving fast enough on the circular economy’

April 29, 2019

Christie Clarke of CDP points to progress by consumer goods firms on plastic waste, but says it falls far short of the transformative action required.

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America’s renewable energy set to surpass coal for the first month ever

April 29, 2019

New York (CNN Business)America's clean energy revolution is on the verge of a tipping point.

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The most effective ways to curb climate change might surprise you

April 19, 2019

The planet is barreling toward 1.5 degrees of global warming as soon as 2030 unless we enact “unprecedented changes in all aspects of society,” a dire United Nations report warned in October.

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This floating solar farm is a dam clever climate change weapon

April 11, 2019

When people imagine world-saving energy technology – the kinds of gadgets that can usher humanity into some futuristic, zero-carbon age – they’re generally going for something more inspirational than hydropower and solar panels.

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Global Sustainable Investments Rise 34 Percent to $30.7 Trillion

April 1, 2019

Global socially responsible investments grew by 34 percent to $30.7 trillion over the past two years, lifted by Japanese pension funds, retail investors everywhere and broad, growing concern about climate change.

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Renewables ‘have won the race’ against coal and are starting to beat natural gas

March 29, 2019

The rapidly dropping cost of renewable energy has upended energy economics in recent years, with new solar and wind plants now significantly cheaper than coal power.

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Here’s why Bill Gates, Jeff Bezos, Jack Ma and other investors are pouring billions into clean-tech ventures

March 28, 2019

The $1 billion Breakthrough Energy Ventures fund, founded by Gates, Bezos and other philanthropists, has invested in 14 companies involved in everything from battery storage to fusion energy.

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Making the World a More Sustainable Place

March 27, 2019

According to Rachel Kyte, CEO of Sustainable Energy for All, energy is the foremost issue that must be tackled before progress can be made in other areas such as health care and education. Kyte spoke about Sustainable Energy for All's mission at the 2019 World Economic Forum.

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Copenhagen Wants to Show How Cities Can Fight Climate Change

March 25, 2019

Copenhagen intends to, and fast. By 2025, this once-grimy industrial city aims to be net carbon neutral, meaning it plans to generate more renewable energy than the dirty energy it consumes.

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UNFCCC 25th Anniversary: Climate Action is More Urgent than Ever

March 21, 2019

UN Climate Change News, 21 March 2019 - Today marks a special day in the history of global climate action: It marks the day when the UN Framework Convention on Climate Change (UNFCCC) first came into force.

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EU funding: £649 million for clean energy infrastructure

March 21, 2019

The European Commission is releasing €750 million (£649 million) of funding for clean energy infrastructure projects, such as nine priority corridors for integrating renewable energy into multiple countries.

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10 Years of Green Bonds: Creating the Blueprint for Sustainability Across Capital Markets

March 18, 2019

In late 2007, a group of Swedish pension funds wanted to invest in projects that help the climate, but they did not know how to find these projects. But they knew where to turn and called on the World Bank to help. Less than a year later, the World Bank issued the first green bond—and with it, created a new way to connect financing from investors to climate projects.

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New York City says electric cars are now the cheapest option for its fleet

March 18, 2019

A 2019 study of five European Union countries found a VW Golf owner would save anywhere between 5% (UK) to 27% (Norway) driving an EV version of the vehicle versus a diesel.

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Energy analysts forecast ‘the end of coal’ in Asia as Japanese investors back renewables

March 18, 2019

Major Japanese investors, including those most indebted to coal, are seeking to back large-scale renewables projects across Asia, marking a “monumental” shift that energy market analysts say is “the start of the end for thermal coal”.

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Richard Branson: Every Company Should Pay a Fee to Invest in Clean Energy

March 17, 2019

Virgin CEO and billionaire Richard Branson has ambitious plans to tackle one of the biggest threats humanity faces today. His plan according to Friday’s blog post: ditch the idea of carbon taxes and pay a “Clean Energy Dividend” that would be later invested to develop clean energy technology.

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Ghana to kick start Africa Climate Week

March 14, 2019

Ghana, Accra — Top-ranking government officials, policy makers and ministerial representatives from across the world will be in Ghana for the Africa Climate Week from 18-22 March.

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Teen climate activist Greta Thunberg nominated for Nobel Peace Prize

March 14, 2019

The Swedish 16-year-old is an inspirational yet unlikely leader of weekly school strikes that have gained momentum worldwide.

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Equinor CEO: Energy sector ‘facing a crisis of confidence’

March 12, 2019

The oil and gas sector is "facing a crisis of confidence" and a mounting lack of trust as climate change concerns rise worldwide, the chief executive of Norway's top energy company said Monday.

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Solar farms in space could be renewable energy’s next frontier

March 9, 2019

China wants to put a solar power station in orbit by 2050 and is building a test facility to find the best way to send power to the ground.

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25 badass women shaking up the corporate climate movement

March 8, 2019

Fearless. Authentic. Ethical. Compassionate. Courageous. Search for a definition of the term "badass" in your go-to online resource, and those are a few of the adjectives that bubble to the surface. "For me, badass is determined, a little bit feisty — but not too much — but tenacious," said Sally Uren, CEO of Forum for the Future.

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European backing for EUR 142 million Gambia renewable energy programme

March 4, 2019

First country in the world to ensure all its 1,100 rural schools and health centres will benefit from reliable energy supply using solar and battery technology.

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How Clean Energy R&D Policy Can Help Meet Decarbonization Goals

February 28, 2019

With roughly a decade left to avoid locking in dangerous climate change, swift action is required to identify where the greatest emissions are coming from and then rapidly decarbonize those sources.

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The Importance of Unlocking Capital for Sustainability Projects

February 27, 2019

Matt Arnold, global head of sustainable finance at JPMorgan Chase & Co., joins BNN Bloomberg to talk about financing sustainable projects and unlocking capital to boost green initiatives. (Source: Bloomberg)

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Rio the only major without coal or oil

February 27, 2019

RIO Tinto has declared it wants to be part of the climate change solution, rather than the problem. The company today published a report, Our approach to climate change, outlining its plans to contribute to, and leverage the transition to a low-carbon future.

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One Planet Summit Calls for Developing Renewable Energy, Protecting Biodiversity in Africa

February 19, 2019

The third, regional edition of the One Planet Summit focusing on Africa sought to build momentum ahead of the UN Secretary-General’s 2019 Climate Summit in September.

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Clean Energy Council federal election wish-list: solar panels on all new homes

February 18, 2019

The Clean Energy Council (CEC) wants solar panels to be mandatory on all new homes. The council, which is Australia’s national body for the renewable energy industry, made the call in a federal election energy policy wish-list released today.

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These 11 EU states already meet their 2020 renewable energy targets

February 18, 2019

Almost half of the European Union’s (EU) 28 member states have already hit, or are close to hitting, their 2020 renewable energy targets.

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Global Goals in Action

February 13, 2019

In the Global Goals in Action video series, learn how business leaders are aligning their business strategy to the Ten Principles and taking action on the SDGs as a part of the UN Global Compact

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The perfect match: businesses and the SDGs

February 12, 2019

The relationship between businesses and the 17 Sustainable Development Goals, adopted by 193 countries in 2015, has great potential. As the private sector looks for new ways to be competitive and profitable in a volatile, evolving global economy, the SDGs offer insight into emerging markets with a built-in network of possible investors and adopters looking to accelerate their growth.

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Expanding Carbon Pricing and Ensuring Environmental Integrity

February 12, 2019

The year 2018 concluded with the adoption of guidelines for implementation of the Paris Agreement on climate change, however no agreement was reached on operationalizing market mechanisms under the Agreement yet. This article discusses the latest developments from the past two months, observing carbon pricing communications in the context of environmental integrity.

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New Scottish tidal energy subsidy will ‘drive innovation’

February 11, 2019

The Scottish Government announced the Saltire Tidal Energy Challenge Fund to support commercial deployment of the industry in Scottish waters.

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Circular Economy Is Crucial for Climate Protection – Patricia Espinosa

February 8, 2019

UN Climate Change News 8 February, 2019 - According to the UN-aligned group International Resource Panel, the global use of materials has more than tripled since 1970 and could double again by 2050. This has major implications for climate change and climate action.

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Tech and the climate agenda – two key themes from Davos 2019

February 7, 2019

Technology is finally high on the CEO agenda at Davos. This year’s theme, Globalization 4.0., was heavily peppered with conversations about digital technology and how it’s currently reshaping major multinationals’ operating models. In such a world, the supply chain has to reshape business models to survive, then flourish.

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Wind Dominates Corporate Procurement In Record 2018

February 7, 2019

Corporate clean energy procurement levels skyrocketed in 2018 according to a raft of new reports which highlight the continued dominance of the technology and data industry in driving clean energy purchasing and the increasing importance of the wind energy industry in supplying the necessary clean energy.

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These countries are leading the charge to clean energy

February 6, 2019

The Earth is edging ever closer to a point of no return, with a joint statement issued during the COP24 climate conference calling for “decisive action” on climate change within the next two years.

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Renewable energy on the rise in the Middle East

February 6, 2019

Investment in renewable energy is picking up across the Middle East. The region’s population growth and economic development have led to an increase in overall energy needs.

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Why Adaptation Finance Matters: Hundreds of Millions of People Exposed to Climate Change Risks

February 5, 2019

31 January 2019: The year 2018 concluded with the adoption of guidelines for implementation of the Paris Agreement on climate change and a warning by the Intergovernmental Panel on Climate Change (IPCC) that countries’ ambitions reflected in their Nationally Determined Contributions (NDCs) will not limit global warming to 1.5°C above preindustrial levels.

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China is winning the electric vehicle race

February 4, 2019

Demand for electric vehicles in China is soaring. Nearly 1.3 million new energy vehicles (plug-in electric vehicles and plug-in hybrids) were sold there last year – a 62% rise on 2017.

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South Korea ups its sustainability drive

January 28, 2019

Over recent years South Korea has slowly emerged as an active player in advocating sustainable finance in Asia alongside several other countries in the region. Since the country's first green bond by Korea Export-Import Bank (KEXIM) in 2013, the number of green bonds issues has blossomed, from Hyundai Capital's US$500 million issue in 2016 to Korea Development Bank's (KDB) US$300...

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Volkswagen Is Getting Into the Electric Vehicle Battery Game

January 25, 2019

Volkswagen’s electrification goals don’t just include pumping out millions of cars — the German giant is now also getting into the battery game with gusto.

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Google launches clean energy project in Taiwan, its first in Asia

January 23, 2019

Google has launched its first clean energy project in Asia. The company announced today that it struck a long-term agreement to buy the output of a 10-megawatt solar array in Tainan City, Taiwan, about 100 km south of its data center in the country. Google already has solar and wind projects across North and South America, as well as Europe.

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Citi Announces Inaugural Green Bond Issuance

January 22, 2019

NEW YORK--(BUSINESS WIRE)--Citi today announced the issuance of the firm’s first green bond, further enhancing its commitment to environmental and climate finance.

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Business coming on board, says top UN climate change official

January 21, 2019

Scientists appointed by the UN’s top climate change advisory group are in Durban helping to compile a series of new reports, culminating with the publication of the Sixth Assessment Report (AR6) in 2021. Professor Hoesung Lee, the UN’s top climate change official, was upbeat at the start of the Durban meeting, noting that he sensed an increasing awareness and sensitivity in the business world..

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11 countries leading the charge on renewable energy

January 13, 2019

Countries all around the world are powering towards a low-carbon future by embracing solar, wind and geothermal energy. Read on to find out which countries are leading the charge.

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Bloomberg, AXA, HSBC, Macquarie CEOs launch climate finance drive

January 18, 2019

Leaders of some of the world's largest banks and financial institutions have launched a new joint initiative aimed at rapidly mobilising increased levels of private capital for tackling climate change ahead of a major UN summit this autumn.

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Bloomberg Announces Founding Members of New Climate Finance Leadership Initiative

January 17, 2019

Financial sector leaders will convene to mobilize and scale private capital for climate solutions in advance of major UN Climate Summit in September

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We’re phoning it in on sustainability. It’s time for a worldwide wake-up call

January 17, 2019

In December last year – a little over three years since world leaders unanimously approved the 2030 Agenda for Sustainable Development and signed up to the Paris Agreement on climate action – the UN’s latest Climate Change Conference (COP24) came to an end.

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Major utilities team up to launch sustainable finance hub for European businesses

January 17, 2019

The Corporate Forum on Sustainable Finance initiative was launched on Wednesday (16 January) and has been designed to encourage businesses and policymakers to view sustainable finance as a “critical” tool in the drive to limit global warming.

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Greening Financial Flows Requires Harmonised Standards

January 16, 2019

One of the Paris Agreement’s key aims is to achieve climate neutrality in the second half of this century. The recent IPCC report noted that the pathways limiting global warming to 1.5°C would require rapid and far-reaching transitions in energy, land use and infrastructure requiring unprecedented financial flows.

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World Bank Group Announces $50 billion over Five Years for Climate Adaptation and Resilience

January 15, 2019

The World Bank Group today launched its Action Plan on Climate Change Adaptation and Resilience. Under the plan, the World Bank Group will ramp up direct adaptation climate finance to reach $50 billion over FY21–25. This financing level—an average of $10 billion a year—is more than double what was achieved during FY15-18. The World Bank Group will also pilot new..

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Renewable Energy Market Analysis: GCC 2019

January, 2019

Renewable energy has advanced rapidly in the Global Cooperation Council (GCC) countries since 2014. The project pipeline reached almost 7 gigawatts (GW) of new power generation capacity by 2018, after record breaking bids in renewable energy auctions in the United Arab Emirates (UAE) and Saudi Arabia made solar power cost-competitive with conventional energy technologies.

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Sustainable finance: time for a shift of focus

January 13, 2019

The December 2018/January 2019 edition of our member journal, Financial World, featured a series of articles looking at some of the issues around sustainable investing and its impact on both the planet and on financial services.
Ben Caldecott explains how more detailed information on climate change is helping develop sustainable investment strategies and alter financial practice.

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IRENA Reports that Strengthening Women’s Roles in Renewable Energy is Key to Achieving Multiple SDGs

January 12, 2019

12 January 2019: A report released by the International Renewable Energy Association (IRENA) shows that women occupy a larger share of jobs in renewable energy than in the conventional oil and gas business, but the share is far below 50%. Strengthening the role of women in renewable energy through better education and other measures would boost progress towards SDGs on energy..

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China Is Set To Become The World’s Renewable Energy Superpower, According To New Report

January 11, 2019

The continuing growth in renewable energy around the world is set to boost the power of China while undermining the influence of major oil exporters such as Russia and Middle East states like Saudi Arabia, according to a new report on the geopolitical implications of the changing energy landscape.

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10 clean energy developments of 2018

January 10, 2019

2018 showed that clean energy is becoming more the norm. And we’re not just talking about Bradley Cooper standing in front of a field of wind turbines in the hit movie "A Star is Born." In spite of the lack of action from the U.S. federal government, the world is moving forward on clean energy.

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Constructing a Safer Climate – Patricia Espinosa at Bauhaus University

January 10, 2019

UN Climate Change News, 10 January 2019 - In her first address since the conclusion of the UN Climate Change Conference COP24 in Katowice last December, the UN’s top climate official Patricia Espinosa warned that whilst the meeting was a success, the world remained off course with regard to achieving the goals of the Paris Agreement on Climate Change..

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How COP24 rulebook will affect the future

January 07, 2019

The 24th session of the Conference of the Parties (COP24) to the United Nations Framework Convention on Climate Change (UNFCCC) concluded on December 15, 2018 at Katowice, Poland. After a busy two weeks, the nearly 14,000 delegates from 195 countries managed to agree on a rulebook for achieving their Paris Agreement promises.

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How Green Wall Street Can Weather 2019

January 04, 2019

Investors looking to put their money in funds that screen for environmental, social and governance issues, or ESG, now control a whopping 25 percent of U.S. investments. Big finance firms are, understandably, paying attention. Last year saw dozens of fund launches by Vanguard, BlackRock and others, as well as central banks more focused on climate risk and new rules for “green loans.”

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Transformative change through innovation: An analysis of the role of innovation in five transition regions

January 02, 2019

One of the areas with significant potential to reduce carbon emissions is the energy sector, including the transition away from coal. It is, and will be evenmore so in the future, a powerful means of effectively responding to the complexity of the climate change challenge.

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6 Renewable Energy Trends To Watch In 2019

December 30, 2018

2019 promises to be an exciting year for clean tech. An increasing number of countries, companies and regions are embracing sustainable energy generation and the landscape is rapidly evolving. Here are 6 renewable energy trends to watch in the coming year.

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Closing the clean energy funding gap is a matter of economics — and national security

December 18, 2018

The Fourth National Climate Assessment forecasts a deeply troubling future for U.S. national security. As combat veterans, we acutely appreciate the threats identified by this report and the risks of inaction. As business leaders, we also recognize the financial opportunity that thwarting these risks offers for the American economy.

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COP24: Five industry takeaways for emission reduction efforts

December 18, 2018

Kazuo Okamoto, chief executive at Mitsubishi Heavy Industries Europe, reflects on the technology trends that need to accelerate in the wake of the latest UN Climate Summit in Katowice

The COP24 Summit which closed last week emphasised the pressing issues governments now face, namely balancing a zero-carbon economy with opportunities of the Fourth Industrial Revolution and issues created by...

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Schneider Electric CEO Envisions ‘Multi-Local’ Pathways For $40B Energy Management Giant

December 17, 2018

In today's connected world where the proliferation of digital technologies is inescapable, Schneider Electric (EPA:SU) is capitalizing on burgeoning opportunities offered by the multiplication of connected points underpinned by power infrastructure and solutions, says the $40 billion energy management giant's boss for over a decade.

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NY Governor Wants Zero-Carbon Electricity by 2040

December 18, 2018

New York Governor Andrew Cuomo announced Monday that he will push for New York to transition to 100 percent clean electricity by 2040, in a statement outlining his agenda for early 2019.

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D.C. Just Passed A Historic Bill Mandating 100 Percent Renewable Power By 2032

December 18, 2018

City lawmakers in the District of Columbia voted unanimously Tuesday to pass legislation mandating 100 percent renewable electricity in the capital by 2032.

The Clean Energy D.C. Omnibus Act of 2018 doubles Washington’s current policy, which says that by 14 years from now, the nation’s capital must be getting half its electricity from zero-emissions sources like solar and wind.

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Israel to stop electricity production from coal by 2030

December 17, 2018

JERUSALEM (Reuters) - Israel said on Monday it would stop the use of coal by 2030, joining a host of other countries in an alliance that aims to transition to cleaner sources of energy.

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Let’s accelerate cleantech

December 15, 2018

As we roll through 2018, a complete disruption of energy is happening globally. China is adding a London-sized electric bus fleet every five weeks. A solar plant was recently built at the site of the Chernobyl nuclear disaster.

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Investment-Grade Policy: De-Risking Renewable Energy Projects

November 12, 2018

Reducing the risk (de-risking) of investment in renewable energy projects is a critically important step to decarbonizing energy systems to prevent dangerous climate change, with three major components: technology risk, development risk and pricing risk. Addressing each of these risk profiles helps investors—utilities, banks or other institutions, find the necessary will to invest in renewable pro

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Empowering Agripreneurs to Adapt to Climate Change

November 12, 2018

UN Climate Change News, 12 November 2018 - Agri-food actors across the supply chain urgently need to put protective measures in place, whilst making use of trade opportunities and innovative adaptation technologies. That was the key conclusion of a recent Adaptation Committee workshop in Geneva co-hosted by UN Climate Change and the International Trade Centre (ITC).

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Emerging markets for green solutions

November 12, 2018

The Sustainable Development Goals (SDGs) represent our most ambitious development agenda ever, setting the vision, framework and targets for the transition to a sustainable and resilient society. With just over a decade left to achieve the SDGs, a major push is needed to accelerate results.

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Australian state looks to beef up grid for solar, wind power

November 12, 2018

MELBOURNE (Reuters) – Australia’s most populous state of New South Wales outlined plans on Monday to speed development of A$2.6 billion ($1.9 billion) worth of transmission capacity to hook up more wind and solar power.

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South Korea Plans 4 Gigawatts Of Solar + Offshore Wind

November 8, 2018

South Korea is planning to develop 4 gigawatts (GW) worth of solar and offshore wind on reclaimed land in Saemangeum, an estuarine tidal flat on the country’s southwest coast that was damned by the country’s government amidst significant controversy over 30 years ago.

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9 corporate venture funds shaping clean energy innovation

November 8, 2018

This morning, National Grid became the latest mammoth utility company to launch a corporate venture fund dedicated to nudging innovation related to clean energy. Its new Los Gatos, California-based investment arm is aptly called National Grid Partners. It represents the utility industry’s first big presence on Silicon Valley turf — longtime land of digital innovation..

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EU finance ministers call for transparency in climate finance

November 7, 2018

EU economy and finance ministers on Tuesday (6 November) stressed the need to scale up public and private money for climate change and urged multilateral development banks to end funding for coal.
Following a meeting in Brussels, the ministers emphasised that public finance alone “can never be sufficient” in reducing greenhouse gas emissions and adapting to the effects of climate change..

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Climate finance: Council adopts conclusions ahead of COP24 conference

November 7, 2018

REAFFIRMS the strong support of the EU and its Member States for the timely implementation of the Paris Agreement together with the 2030 Agenda for Sustainable Development and Addis Ababa Action Agenda. EMPHASISES the EU’s commitment to develop a robust and fully functioning set of rules as the outcome of the Paris Agreement Work Programme at COP24, which is essential for laying the groundwork for

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Unilever and Veolia to create a circular economy for plastic packaging

November 7, 2018

Unilever and Veolia have agreed to collaborate on emerging technologies that will help create a circular economy on plastics across various geographies, starting in India and Indonesia.

According to the Ellen MacArthur Foundation, just 14 percent of the plastic packaging used globally is collected for recycling after use, with 40 percent ending up in landfill and a third in fragile ecosystems. 

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COP Presidencies Issue Updated Note on Organization of Talanoa Dialogue at UNFCCC COP 24

November 6, 2018

29 October 2018: An updated note on the approach to organizing the Talanoa Dialogue during the 24th session of the Conference of the Parties (COP 24) to the UNFCCC in Katowice, Poland, in December 2018, has been issued by the COP 23 Presidency and incoming COP 24 Presidency. COP 24 represents the culmination of a one-year process during which participants took stock of collective efforts on..

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China May Increase Its 2020 Solar Target To 200 Gigawatts Or Higher

November 6, 2018

China’s National Energy Administration has floated the idea that it might increase its 2020 solar target to at least 210 gigawatts (GW), and potentially as high as 270 GW, in a move which will significantly impact China’s annual capacity additions and, thus, global capacity additions and solar PV manufacturing.

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Urban Mobility For The Modern Worker

November 6, 2018

With more and more of us living a gig lifestyle, the office can be anywhere with a power socket, an Internet connection and decent coffee. Whether a coworking space, a cafe, the local library or on-site with a client, there are any number of places you can call "home" at any given time.

For such a transient way of working, a bicycle is a great way of getting about, especially given the..

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UK renewable energy capacity surpasses fossil fuels for first time

November 6, 2018

The capacity of renewable energy has overtaken that of fossil fuels in the UK for the first time, in a milestone that experts said would have been unthinkable a few years ago.

In the past five years, the amount of renewable capacity has tripled while fossil fuels’ has fallen by one-third, as power stations reached the end of their life or became uneconomic.

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Gamechangers & Cities seeks 10 social impact startups for UN sustainable cities goal

November 5, 2018

The program seeks 10 startups with social impact in the field of cities to contribute to the achievement of objective number 11 of UN’s Sustainable Development Goals (SDG) — “Sustainable Cities and Communities.”

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How the circular economy unlocks new revenue streams

November 2, 2018

Research from Accenture suggests the rise of the circular economy will unlock $4.5 trillion in new economic growth by 2030. But for this bounty to be released, businesses, banks and governments must collaborate to encourage and enable a change in mindset to embrace new business and finance models. Just as the first industrial revolution transformed the way we live, work and interact..

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A circular economy could save China five trillion dollars

November 5, 2018

China could see big improvements in air quality, a reduction in carbon emissions and huge savings for business and households worth 32 trillion yuan (US$5.1 trillion) by 2030 if it moved to a circular economy, according to a recent report from the Ellen MacArthur Foundation.

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Poland and the UN Sign Host Country Agreement for COP24

October 31, 2018

The government of Poland and the UN today co-signed the bilateral agreement which forms the legal basis for organizing and hosting the UN Climate Change Conference in Katowice this year (COP24, 2 – 14 December).

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34 global leaders sign U20 Communique to advance sustainable development

October 31, 2018

At the Urban 20 (U20) Mayors Summit this week in Buenos Aires, Argentina, mayors and leaders from 34 cities around the globe signed the U20 Communique to work toward a "collective goal of fair, inclusive, and sustainable development."

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The City of Taipei & Tesla Partner on New Clean Energy Startup Incubator

October 29, 2018

The City of Taipei, Taiwan, has joined forces with Tesla to establish a new 1.5 hectare hub to help local startups find footing and get training for new energy ventures in the city.

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$2 trillion investors challenge 55 companies on climate lobbying

October 29, 2018

Five weeks before a pivotal UN climate conference (COP24) starts, a group of investors, led by the Church of England Pensions Board and Swedish national pension fund AP7, sent a letter to 55 companies to challenge them on climate lobbying.

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Asia Pacific To See 355 Gigawatts Of Solar & Offshore Wind Boom In Next 5 Years

October 29, 2018

The Asia Pacific region is expected to add a further 355 gigawatts (GW) of new solar PV capacity over the next five years, despite expectations that the sector will see a decline in installations this year, while the region’s offshore wind industry is predicted to grow 20-fold over the next decade.

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Only 16 countries have emissions reduction targets matching their promises to avoid catastrophic climate change

October 26, 2018

Just 16 countries have set clear goals for cutting greenhouse gas emissions that will allow them to match their ambitious pledges to tackle climate change.
In a new report, climate experts have warned of discrepancies between big promises made on the global stage and domestic targets backed up by law.

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COP24: The EU’s moment of truth

October 26, 2018

This year’s UN climate summit will undoubtedly represent a moment of truth for international climate action.
There are high expectations of a strong reaction from the global community to the recent Special Report by the Intergovernmental Panel on Climate Change (IPCC), which highlights the disastrous damage a 2°C rise and above would have on global warming.

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C2 Energy Capital Raises $21 Million for Renewables Fund

October 25, 2018

C2 Energy Capital LLC, a New York-based clean-energy developer, raised $21 million to invest in new projects.
About half of the money raised for the C2 Taiyo Fund I LP fund is already committed to specific projects, according to an emailed statement Thursday. The fund will target renewables and storage investments, including a 51-megawatt solar portfolio being built in South Carolina, said Richar

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Oil and Gas Majors Need to Invest $20 Billion Yearly to Dominate in Renewables

October 25, 2018

Majors account for a 15 percent share of the global oil and gas market. If those majors want to capture the same market share in renewables, it would require them to collectively invest $200 billion, according to a new report from Wood Mackenzie.

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European parliament backs single-use plastics ban

October 25, 2018

The European Parliament has voted to ban a range of single-use plastics such as straws, cotton buds and cutlery and to ensure most bottles are recycled in a bid to curb ocean pollution.
Under the proposal, 10 single-use plastic products would be banned by 2021 and EU states obliged to recycle 90% of plastic bottles by 2025.

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Jamaica’s prime minister is now the ‘Solar Head of State’

October 25, 2018

The Office of the Prime Minister of Jamaica has commissioned a high-efficiency, state-of-the-art solar photovoltaics array, thanks to Solar Head of State, a nonprofit that helps world leaders become green leaders by installing solar panels on government buildings. This cool organization grew up out of the campaign to put solar back on the White House..

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Amazon backs German smart heating and AC company Tado in new $50M funding round

October 24, 2018

Tado, the smart thermostat and AC control maker, has raised a further $50 million in funding from an array of noteworthy and strategic investors. Backing the Munich-headquartered company this time around is Amazon, E.ON, Total Energy Ventures, Energy Innovation Capital, Inven Capital, and the European Investment Bank.

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Uber Will Increase London Fares to Raise a $260 Million Clean Energy Fund

October 23, 2018

Uber Technologies Inc. will increase the cost of taking a ride in London by 15 pence (20 cents) per mile to create a 200 million pound ($260 million) fund to help drivers switch to all-electric vehicles.

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Patricia Espinosa: The World Wants Us to Achieve Results at COP24

October 23, 2018

At the opening of a ministerial meeting in Krakow on 23 October, designed to prepare for the outcome of the UN Climate Change Conference in Katowice in December (COP24), the Executive Secretary of UN Climate Change, Patricia Espinosa, outlined her expectations for the COP.

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Shell Joins Global Wind Energy Council

October 23, 2018

In what must surely be a sign of the End Times, the Global Wind Energy Council announced last week that oil and gas megalith Shell has joined as a board-level member as the company looks to expand its wind business as part of its Shell New Energies Strategy.

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Facebook Los Lunas Data Center Boosted By 100 Megawatts Of Solar

October 23, 2018

Facebook’s $1 billion data center in Los Lunas in New Mexico will benefit from an additional 100 megawatts (MW) of new solar capacity after approval was granted for the construction of two 50 MW solar farms, ensuring that the data center is served with 100% renewable electricity.

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Israel Startup Rolls Out Tiny Solar Panels for Smart Electronics

October 23, 2018

A startup in Israel is implanting tiny solar panels on electronic devices that allows the devices to sustainably generate their own power, the latest sign that falling costs are pushing renewable energy technologies deeper into everyday use.

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GE and Siemens sign agreements for power generation deals in Iraq

October 22, 2018

The contract was announced in favour of GE due to pressure from the Trump administration on the Iraqi Government, according to sources familiar with the matter cited by the Financial Times.
Siemens has said that it signed a memorandum of understanding with the Iraqi Government to supply 11GW of power generation equipment for a period of four years.

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S&P: More private capital needed to finance UN Sustainable Development Goals

October 22, 2018

Private capital must play a far greater role in green projects throughout the developing world if governments are to deliver on the UN’s Sustainable Development Goals (SDGs), S&P Global Ratings has warned.

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The UN-backed Green Climate Fund has pledged $1 billion in new projects and programs for developing countries.

October 22, 2018

The commitment is in prelude to the UN climate talks in December, where member nations will discuss implementing the Paris Agreement, the legally binding document 195 nations signed in 2015, committing them to limiting global warming by reducing emissions.

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Microsoft Pioneers New Way To Derisk Renewable Energy Investments

October 22, 2018

In a corporate blog post on October 16, Microsoft announced a new tool to help take the risk out of investments in renewable energy, a move it hopes will help drive the renewable energy revolution forward. Intended for large corporate and industrial customers, it is called a Volume Firming Agreement and it can become part of any new or existing Power Purchase Agreement.

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Bill Gates to establish €100 million clean energy fund with EU

October 22, 2018

If plans are realized, the private-public investment vehicle will start investing in companies with green-tech innovations. The fund would be used to pursue technologies which could help the decarbonization of the economy but which have not received enough attention.

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This Blockchain of Blockchains Will Let You Sell Your Energy Anywhere in the World

October 22, 2018

Energy Web Foundation is working toward building a blockchain of blockchains that could let consumers sell the energy they generate at home in markets worldwide. The EWF open-source software application, called EW Origin, could provide digital links between existing energy trading platforms, analogous to the role that interconnectors play in the physical electricity market world.

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Australians agree on $15M Project to Create Gas from Renewables

October 22, 2018

Australian energy firm Jemena is partnering with the national Renewable Energy Agency (ARENA) on a $15 million trial project to create hydrogen gas from solar and wind power. If successful, the resulting fuel would then be stored for use across the Jemena Gas Network in New South Wales.

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UNFCCC Issues Provisional Agendas for Katowice Climate Change Conference

October 16, 2018

12 October 2018: The UNFCCC Secretariat has published provisional agendas for the meetings that will convene during the Katowice Climate Change Conference. The Conference will include: the 24th session of the Conference of the Parties to the UNFCCC (COP 24); the 14th session of the COP serving as the meeting of the Parties to the Kyoto Protocol (CMP 14) .

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Will COP24 meet Africa’s climate realities and aspirations?

October 15, 2018

A Legal Adviser with the African Group of Negotiators to the United Nations Framework Convention on Climate Change (UNFCCC) has outlined Africa’s expectations of Katowice, Poland, looking at realities on the ground and how Africa can speak with one voice to make sure it is heard.

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This Indian State Has Beaten 25 Countries To Become World’s First 100% Organic State

October 20, 2018

Sikkim has been one of the best states when it comes to sustainable policies and adding another feather to the cap is the recognition of all these efforts by the United Nations. UN has recently announced the award for World’s Best Food Policies to Sikkim. Sikkim has been organic since 2015 and it started this journey way back in 2003, but its now that the state got its due.

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“We Must Increase Climate Action and Create Unstoppable Momentum Towards COP24”

September 15, 2018

The Global Climate Action Summit closed on Friday in San Francisco after three days showcasing a surge of climate action and commitments from regions, cities, businesses, investors and civil society; and calling on governments everywhere to step up their efforts to tackle climate change.

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