The International Institute for Sustainable Development has recently published Turning Pledges Into Action. Glasgow Statement signatories made a commitment to end new international public finance for fossil fuels by the end of 2022 and fully shift their focus toward financing clean energy. Now, it's time to turn those pledges into action. This report analyses the … Continue reading New IISD report on how Glasgow Statement signatories can meet their commitment to shift international public finance out of fossil fuels and into clean energy by the end of 2022
Category: climate finance
New report from EIB on what drives firms’ investment in climate change
The European Investment Bank has recently published its most recent EIB investment survey. From extreme heatwaves and wildfires to in North America to the deadly flooding in Western Europe and Asia in 2021, the dramatic rise in catastrophic weather events has repercussions for firms. At the same time, cutting emissions sufficiently to limit global warming … Continue reading New report from EIB on what drives firms’ investment in climate change
How important is it to keep the Energy Charter Treaty?
In an article on The Conversation website, Chamu Kuppuswamy, Senior Lecturer, School of Law, at the University of Hertfordshire argues that, while withdrawing from the energy charter treaty is possible for any country to do, losing the benefits of membership – such as fewer duties and taxes on imports of oil and gas – will … Continue reading How important is it to keep the Energy Charter Treaty?
Modernisation of Energy Charter Treaty seen as “a real threat” to the landmark Paris climate agreement
The members of the Energy Charter Treaty on Friday struck a deal to “modernise” the energy charter treaty. The 1994 agreement allows investors to sue governments for changes in energy policy that harm their profits. The compromise agreement, which was largely designed by the EU, reduces the protection afforded to companies that have invested in … Continue reading Modernisation of Energy Charter Treaty seen as “a real threat” to the landmark Paris climate agreement
Clean energy funding to surge 12% in 2022, remains insufficient
Global energy investment is set to increase by 8% this year, the energy forum has estimated. Dimitris Mavrokefalidis discusses the IEA report on the Energy Live News website. The report is available here. IEA: “Capital spending is insufficient to tackle the energy and climate crises” The current level of global capital spending is still … Continue reading Clean energy funding to surge 12% in 2022, remains insufficient
The world’s most climate vulnerable countries want rich, high-emission nations to pay for climate damages
The UN climate change conference now underway in Bonn, Germany has been a war of words in terms of who pays for climate disasters. This follows similar concerns raised at COP26 in Glasgow last year. Stuart Braun discusses latest developments in an article on the Deutsche Welle website. Climate vulnerable nations demand compensation for … Continue reading The world’s most climate vulnerable countries want rich, high-emission nations to pay for climate damages
A new twist to ESG investing
When making a quick judgement on a company or other investment proposition, don’t take any assertions of ethical behaviour at face value, writes Hamish McRae in an article on The Independent website. Ethical investing is harder than it looks – here’s why It is a tough one. Do investors have to choose between ethics … Continue reading A new twist to ESG investing
New EIB report on investors’ views on how the public sector can help to address the risks and challenges of the move towards a more hydrogen-fuelled economy
Robin Whitlock writes on the Renewable Energy Magazine website about a new report from the European Investment Bank that provides key insights into the main drivers behind the European hydrogen market and how the EIB should address them. New report finds that the international investment community recognises both the opportunity for hydrogen deployment and … Continue reading New EIB report on investors’ views on how the public sector can help to address the risks and challenges of the move towards a more hydrogen-fuelled economy
New report on the cost of climate change to the UK economy
Many of the climate change impacts that the UK faces have the potential to create serious socioeconomic consequences. Ben Cooke writes on The Times website about a new report that provide improved estimates of the likely economic damages from climate change to the UK, highlighting where the greatest risks and need for adaptation are. The … Continue reading New report on the cost of climate change to the UK economy
Finance, whether green or otherwise labeled, will not come to the rescue of the planet
'Le Monde' journalist Eric Albert explains how the global head of responsible investing at HSBC bank dared to voice what most financiers are thinking: that climate change does not affect finance. Green finance will not save the planet Stuart Kirk jolted everyone in the room awake. At a May 20 conference hosted by the … Continue reading Finance, whether green or otherwise labeled, will not come to the rescue of the planet
Energy in Demand - Sustainable Energy - Rod Janssen 