Carl Meyer writes on The Narwal website about Mark Carney’s views on what governments and corporate leaders need to be doing to get climate change actions on track. Mark Carney is the former Bank of Canada and Bank of England governor, who is also the United Nations special envoy for climate action and finance. … Continue reading Corporations and governments have “undervalued” the benefits of being transparent about how a changing climate will affect revenues, profits and the economy
Category: climate finance
The “net zero” climate targets of 24 of the world’s largest companies fall far behind their promises
The “net zero” climate plans of 24 of the world’s largest companies add up to emissions reductions of only 36 percent, according to a report by the NewClimate institute and non-profit Carbon Market Watch. The strategies of the self-declared climate leaders, which include household names such as Amazon, Apple, Google, H&M, Nestle, Mercedes-Benz, Volkswagen, and Walmart, are … Continue reading The “net zero” climate targets of 24 of the world’s largest companies fall far behind their promises
World Bank President, dogged by climate questions, will step down early
David Malpass’s decision to quit has delighted frustrated developing nations, donors, experts and campaigners. Fiona Harvey provides latest developments in an article on The Guardian website. Why World Bank head’s resignation is good news for climate crisis fight The resignation of David Malpass, president of the World Bank, was greeted with relief and joy … Continue reading World Bank President, dogged by climate questions, will step down early
With blockchain-backed solar projects leading the way towards a greener future, many are looking to blockchain as a viable option for their investments
Blockchain has the potential to spur sustainable development through increased efficiency and reduced environmental impacts. Peter Bahorecz, chief networking officer at SunMoney Solar Group discusses the benefits of blockchain in an article on the Gulf Business website. Top 5 benefits of investing in blockchain-based solar energy programmes Blockchain-based solar energy investments have the unique … Continue reading With blockchain-backed solar projects leading the way towards a greener future, many are looking to blockchain as a viable option for their investments
Next steps for the Energy Charter Treaty?
Since October 2022, seven EU member states have announced plans to withdraw from the Energy Charter Treaty (ECT). Across the board, the message is clear: the insufficient and potentially climate-damaging treaty reform effort is no longer a politically viable option, write Christina Eckes, Lea Main-Klingst and Lukas Schaugg. Christina Eckes is a professor of European … Continue reading Next steps for the Energy Charter Treaty?
The World Bank’s new mission is expected to “emphasize the importance of sustainability and resilience to reflect more clearly that our mission includes global public goods (GPGs), such as climate change”
A draft document suggests the bank will broaden its “twin goals” of boosting prosperity and ending extreme poverty to encompass climate action. Joe Lo writes on the Climate Change News website about the draft new mission. World Bank moots stronger strategic focus on climate action The World Bank is considering making climate action more … Continue reading The World Bank’s new mission is expected to “emphasize the importance of sustainability and resilience to reflect more clearly that our mission includes global public goods (GPGs), such as climate change”
Even with all the bad news significant changes are underway that have the potential to create a more sustainable world
Rachel Kyte, Dean of the Fletcher School, Tufts University writes on The Conversation website about her views on the global shift to clean energy. Ms Kyte was the former CEO of Sustainable Energy for All, and Special Representative of the United Nations Secretary-General for Sustainable Energy for All. How Putin’s war and small islands … Continue reading Even with all the bad news significant changes are underway that have the potential to create a more sustainable world
The EU’s new carbon market includes a reformed Emissions Trading System (ETS)
The European Union has negotiated its "biggest climate law" ever. With emitters forced to pay more, billions of euros are expected to go toward a climate social fund. Tim Schauenberg takes a closer look in an article on the Deutsche Welle website. EU reforms Emissions Trading System: What you need to know The European … Continue reading The EU’s new carbon market includes a reformed Emissions Trading System (ETS)
The fundamentals of distributed ledger technology to verify clean energy production are hugely significant
As accounting for energy use becomes increasingly sophisticated, there are directions in which this metric is evolving, including adopting blockchain. Gian Autenrieth, Co-Lead of D-REC Initiative, writes about renewable energy certificates and blockchain in an article on the Sustainability website. Renewable energy certificates, the blockchain and the future What is a renewable energy certificate … Continue reading The fundamentals of distributed ledger technology to verify clean energy production are hugely significant
How “loss and damage” was handled at COP27
Saleemul Huq, director of the International Centre for Climate Change and Development at the Independent University in Bangladesh and a friend of EiD has argued for many years that developing countries need serious support to address their own concerns because of climate change. One of the few positive outcomes of COP27 was the agreement to … Continue reading How “loss and damage” was handled at COP27
Energy in Demand - Sustainable Energy - Rod Janssen 