New report discusses the challenges that Bangladesh is facing to adapt to climate change

The south Asian country is a world leader in climate adaptation, but without more funding the country will struggle to protect its people, a report from the International Centre for Climate Change and Development (ICCCAD) warns. Thaslima Begum discusses the findings of the report in an article on the Guardian website.   Why Bangladesh is … Continue reading New report discusses the challenges that Bangladesh is facing to adapt to climate change

Energy in Demand News, February 11, 2024

In all the important climate and energy news this week, two developments stand out. In a case that has lasted 12 years, this week the climate scientist Michael Mann won his defamation lawsuit against two conservative writers who compared his depictions of global heating to the work of a convicted child molester. “I hope this … Continue reading Energy in Demand News, February 11, 2024

British multinational oil and gas company Shell is counting discredited carbon credits towards its climate goals

The oil and gas giant offset part of its emissions with over a million credits from Chinese projects suspended because of integrity concerns. Matteo Civillini discusses latest developments in an article on the Climate Home News website.   “Shameful”: Shell uses carbon credits under investigation to meet climate targets Oil and gas giant Shell is … Continue reading British multinational oil and gas company Shell is counting discredited carbon credits towards its climate goals

Energy in Demand News, February 4, 2024

This week the European Commission will propose the new level of ambition for GHG emissions reductions it considers necessary for 2040. The Financial Times (behind a paywall) notes that the EU’s climate chief, Wopke Hoekstra, “has warned the bloc must not be lured into a “false narrative” that action against global warming is undermining the … Continue reading Energy in Demand News, February 4, 2024

The coming months will determine if COP29 will be a success and whether benefits will trickle down to vulnerable communities in developing countries

Evans Njewa, chair of the Least Developed Countries group and an official in Malawi’s environment ministry, writes on the Climate Home News website argues that rich nations always say they need their parliaments approval for climate finance at COPs – now is the time to start   For Cop29 to succeed, rich nations must get … Continue reading The coming months will determine if COP29 will be a success and whether benefits will trickle down to vulnerable communities in developing countries

Energy in Demand News, January 21, 2024

The EU taxonomy is a cornerstone of the EU’s sustainable finance framework and an important market transparency tool. It is designed to help direct investments to the economic activities most needed for the transition, in line with the European Green Deal objectives. Controversially, nuclear and gas activities are included, prompting legal challenges by some NGOs … Continue reading Energy in Demand News, January 21, 2024

Concerns about the new UN carbon market

Renewable energy schemes make up four-fifths of Kyoto-era projects hoping to keep selling offsets under Article 6, sparking concerns over the credibility of the new market. Matteo Civillini discusses latest developments in an article on the Climate Change News website.   Junk offset sellers push to enter new UN carbon market Developers are trying to … Continue reading Concerns about the new UN carbon market

Energy in Demand News, January 7, 2024

With the devastation of floods, heatwaves, hurricanes, forest fires and more, we know much more needs to be done to mitigate GHG emissions. Many commentators were concerned after COP28 last year that there was no sense of urgency. Read once more the comment from Fiona Harvey, published on EiD in December, on the need for … Continue reading Energy in Demand News, January 7, 2024

There continues to be real opportunities for social impact investing (SII) directed to the Global South

Haider Alvi, Associate Professor of Innovation Finance, Faculty of Business, Athabasca University in Canada writes on The Conversation website about the issues related to social impact investing in the Global South.   Responsible ESG investing in the Global South requires overcoming the Global North’s saviour complex ESG standards (Environment, Social and Governance) are metrics designed … Continue reading There continues to be real opportunities for social impact investing (SII) directed to the Global South

Energy in Demand News, December 17, 2023

EiD wishes you all a very festive season and we look forward to seeing you in 2024 Let's all do our best to get our zero-carbon energy transition on track COP28 ended this week and there definitely are split opinions on how successful it was. You will see several of this week’s posts covering aspects … Continue reading Energy in Demand News, December 17, 2023