The world’s poorest countries, mostly in Africa, are effectively priced out of the clean energy action by a global lending system that considers them too risky for investment

Max Bearak writes on the New York Times website about the lack of access to needed financing. A big obstacle is the lack of loans, a subject of intense disagreement between richer and poorer countries. But in Congo, where Mr. Bearak is writing from, a hard-fought solar investment shows a possible path forward. Clean … Continue reading The world’s poorest countries, mostly in Africa, are effectively priced out of the clean energy action by a global lending system that considers them too risky for investment →

No banks disclosed the share of total finance directed towards climate solutions in the last year, according to analysis by the TPI Centre

Only 6 of 26 banks have disclosed a commitment to end all on- and off-balance sheet activities that finance new coal capacity immediately. Only one of the banks’ net zero emissions commitments covers on and off-balance sheets activities. Five banks have publicly disclosed the quantitative results of climate scenario analysis to their shareholders and clients. … Continue reading No banks disclosed the share of total finance directed towards climate solutions in the last year, according to analysis by the TPI Centre →

Generational divide in supporting nuclear energy

Young climate activists in Europe are calling on Greenpeace to drop its "old-fashioned" stance against nuclear energy. Scientists say the generational divide not surprising, as nuclear disasters are distant memories for some. Sheena Goodyear discusses in an article on the CBC news website. Greenpeace opposes nuclear energy. Young climate activists say that's 'old-fashioned' Young … Continue reading Generational divide in supporting nuclear energy →

One of the issues with ESG is how difficult it is for investors, consumers and the public to assess how effectively companies have implemented it

In an article on the Conversation website, Daniel Tsai, Lecturer in Business and Law at the University of Toronto and Peer Zumbansen, Professor of Business Law at McGill University discuss the need for changes to how ESG is implemented. The lack of government leadership and the fragmentation of the ESG landscape has created uncertainty about … Continue reading One of the issues with ESG is how difficult it is for investors, consumers and the public to assess how effectively companies have implemented it →

Africa climate summit adopts ‘Nairobi declaration’

The first ever Africa Climate Summit ended on Wednesday with a call for world leaders to back global taxes to fund climate action. The "Nairobi declaration" also calls for financial reforms to help African countries. The text is intended to define the shared position of the 54 countries of the African continent ahead of the … Continue reading Africa climate summit adopts ‘Nairobi declaration’ →

Energy in Demand News, September 3, 2023

US climate envoy John Kerry is calling on the leaders of global oil and gas companies to bring concrete plans to boost renewable energy and cut GHG emissions by 2030 to COP28. UN conference president Sultan Al Jaber is also head of the Abu Dhabi National Oil Company and many climate experts and activists are … Continue reading Energy in Demand News, September 3, 2023 →

Deploying Artificial Intelligence (AI)-driven software tools enables businesses to significantly boost energy efficiency

It’s not always easy being green, but it is becoming increasingly essential for businesses. Richard Smith, Senior Director Energy Management Solutions at MRI Software discusses the benefits of AI-driven software tools in an article on the Technative website. How AI makes going green and saving energy costs easy Environmental sustainability has emerged as a … Continue reading Deploying Artificial Intelligence (AI)-driven software tools enables businesses to significantly boost energy efficiency →

The resistance of rural women: “Energy is not just a technical issue, it’s a political issue to do with life, territories, sovereignty and the right to community self-determination.”

From the Akbelen forest in Turkey to northern India to Brazil, rural women are standing up against the power of the corporate chainsaw. The Turkish-British novelist and political scientist, Elif Shafak, writes a powerful article on the Guardian website about what local women are doing to protect fragile ecosystems. In the battle to save … Continue reading The resistance of rural women: “Energy is not just a technical issue, it’s a political issue to do with life, territories, sovereignty and the right to community self-determination.” →

Great series of billboards in US calling out oil and gas companies for their role in fueling climate disasters

Fossil Free Media, a non-profit media organization, installed the ads in cities rocked by heatwaves including Phoenix and Austin. Dharna Noor explains in an article on the Guardian website. ‘Brought to you by big oil’: US billboards call out companies for record heatwaves Drive down the highways of Phoenix, Arizona; Austin, Texas; or Fresno, … Continue reading Great series of billboards in US calling out oil and gas companies for their role in fueling climate disasters →