In an article on the Deutsche Welle website, Holly Young tries to answer that question and to look for green finance alternatives. What role does your money play in the climate crisis? Personal finance is a climate blind spot for many — lagging behind decisions on things like diet, travel or shopping when it … Continue reading What roles do our pensions, investments and banking decisions play in supporting fossil fuel projects?
Category: climate finance
Social Climate Fund could subsidise up to 20 million heat pumps across Europe, new study finds
A new study finds that investing just one-third of the Social Climate Fund, the EU could subsidise up to 20 million heat pumps across the EU by 2032. This would be enough to reach all energy-poor households in nine EU countries and slash EU gas demand by 11% — nearly as much as the EU imported from Russia in 2024. The EU Social … Continue reading Social Climate Fund could subsidise up to 20 million heat pumps across Europe, new study finds
From Africa to Southeast Asia, the Trump administration is cancelling US support for projects designed to replace coal, oil and gas with clean energy
The US administration has pulled clean energy and just transition funding in South Africa and is pressuring EXIM and the World Bank to back fossil fuels. In an article on the Climate Home News website, Jo Lo discusses latest developments. Trump shifts US funds from shutting down foreign fossil fuels to expanding them From … Continue reading From Africa to Southeast Asia, the Trump administration is cancelling US support for projects designed to replace coal, oil and gas with clean energy
Energy in Demand News, April 6-7, 2025
Let’s start this early spring week with some background music for you to enjoy reading this week’s newsletter. Everyone is still trying to come to grips with the “Liberation Day” tariffs that we’ve all been saddled with. The Guardian reports that there have been some exceptions. “Trump’s new 10% universal tariffs – which are higher … Continue reading Energy in Demand News, April 6-7, 2025
US EPA causing serious problems for Greenhouse Gas Reduction Fund
A faith-based Indiana group and heating contractors in Maine are among hundreds of businesses and organisations stymied by the Environmental Protection Agency’s attempt to claw back $20 billion of the Greenhouse Gas Reduction Fund. In an article on the Inside Climate News website, Marianne Lavelle and Dan Gearino detail what is going on and the … Continue reading US EPA causing serious problems for Greenhouse Gas Reduction Fund
Energy in Demand News, March 2-3, 2025
Last week EiD referred to the Intergovernmental Panel on Climate Change (IPCC) meeting this week in China and the concerns about fallout from a reported US exit. The meetings have started and US experts are not there. This weekend the Financial Times (behind a paywall) quotes several experts. “Decimating the nation’s core scientific enterprise, even … Continue reading Energy in Demand News, March 2-3, 2025
Governments in Africa should find ways to make green innovation work
In an article on The Conversation website, Nara Monkam, Associate Professor of Public Economics, Chair in Municipal Finance within the Department of Economics, and Head of the Public Policy Hub at the University of Pretoria, University of Pretoria discusses what it will take to make green innovation work in Africa. Has finance for green … Continue reading Governments in Africa should find ways to make green innovation work
Two of Britain’s biggest banks are to remove climate targets from their annual bonus schemes for senior executives
Ben Martin writes in The Times about bonus schemes at two of Britain’s biggest banks being changed to remove sustainability measures from assessment of annual awards after US lenders pulled out of the global net-zero alliance. What are your views? Is this happening in your country? In an update, the Guardian reports that HSBC has … Continue reading Two of Britain’s biggest banks are to remove climate targets from their annual bonus schemes for senior executives
Energy in Demand News, February 16-17, 2025
It is encouraging that institutional investors with $1.5 trillion in funds have told asset managers to step up on climate action or risk being dumped, according to the Financial Times (behind a paywall). “A group of 26 financial institutions and pension funds from Australia to the US, including Scottish Widows, the People’s Partnership and Brunel … Continue reading Energy in Demand News, February 16-17, 2025
Columbia Climate School Launches First in U.S. Climate Finance Degree
The Columbia Climate School announced the first master’s degree program in the United States for climate finance. In close collaboration with the Columbia Business School, this interdisciplinary degree will drive impactful solutions to the climate crisis through advanced financial tools and scientific knowledge. This is the third master’s programme announced by the Climate School, in addition … Continue reading Columbia Climate School Launches First in U.S. Climate Finance Degree
