Loss and damage has been at the heart of much media reporting about the upcoming Cop27 climate talks in Egypt in November. With many disasters recently, such as the flooding in Pakistan, the importance of loss and damage compensation gains attention. Isabella Kaminski writes on the Climate Change News about the challenges involved. She notes that … Continue reading While “loss and damage” is gaining more attention ahead of COP27, who’s going to pay?
Category: financial instruments
New report on overhauling investment governance for a just zero-carbon future
The Columbia Center on Sustainable Investment (CCSI) recently released a briefing titled “International Investment Governance and Achieving a Just Zero-Carbon Future,” available in both English and French. The briefing discusses how the current international investment regime is hostile to states’ ability to address the climate crisis and will deter, delay or water down states’ climate-related … Continue reading New report on overhauling investment governance for a just zero-carbon future
EU planning major reform of its anti-pollution legislation
As part of a major reform of the EU’s anti-pollution legislation, the European Commission said it planned to tighten air quality standards, including on one of the most dangerous pollutants, fine particulate matter. Jennifer Rankin discusses latest developments in an article on The Guardian website. EU plans tighter controls on pollution as doctors call … Continue reading EU planning major reform of its anti-pollution legislation
France’s largest bank under pressure to stop financing the development of fossil fuels
NGOs which previously took the French government to court have taken steps towards a lawsuit against the bank, the world's leading financer of oil and gas majors. Stéphane Mandard discusses latest developments in an article on the English section of the Le Monde website. BNP Paribas warned to stop financing fossil fuels and 'climate … Continue reading France’s largest bank under pressure to stop financing the development of fossil fuels
New EEA briefing on urban prosumption
Europe’s urban centres offer opportunities for citizens to produce renewable energy as prosumers according to a European Environment Agency (EEA) briefing, published this week. Cities can play a key role in Europe’s shift to a low-carbon future. Facilitating urban prosumption can help accelerate this process. Cities can offer new opportunities for prosumers of renewable … Continue reading New EEA briefing on urban prosumption
Scaling up private and public investment is crucial in financing the zero-carbon transition
Ian Thomson, Director of the Centre for Responsible Business, University of Birmingham writes on The Conversation website about how investments can be directed to have the most decisive impacts. What are your views? Financing the transition to net-zero – here’s how the EU will advise investors where to put their money Ahead of next … Continue reading Scaling up private and public investment is crucial in financing the zero-carbon transition
France’s energy transition: funding needs to significantly increase to meet long-term goals
According to the Institute for Climate Economics, households, companies and the government would have to invest between €13 billion and €30 billion per year between 2021 and 2030 to stay on course for carbon neutrality. Audrey Garric discusses in an artlcle on the Le Monde website. France needs to dramatically boost spending to achieve … Continue reading France’s energy transition: funding needs to significantly increase to meet long-term goals
A group of 10 major economies are building momentum to scale-up climate finance by reforming development banks, starting with the World Bank
A group of 10 countries led by the US and Germany have presented the bank’s management with a plan to reform the institution this week. Chloé Farand discusses latest developments in an article on the Climate Change News website. US, Germany back ‘fundamental reform’ of World Bank to scale climate finance A group of … Continue reading A group of 10 major economies are building momentum to scale-up climate finance by reforming development banks, starting with the World Bank
Reforms needed for multilateral development banks to provide more capital for sustainable development
Multilateral Development Banks (MDBs) could make billions more in investment capital available for sustainable development. That is the astounding finding of a recent report, commissioned by the G20. Given that MDBs’ whole purpose is to maximise the impact of their funds, their donors are wondering why they have left money on the table. Donors and … Continue reading Reforms needed for multilateral development banks to provide more capital for sustainable development
A social tariff has shielded eligible households in Belgium from price fluctuations since 2002
While governments focus on how to protect consumers from escalating energy prices, Belgium shows an important way forward. Since 2002, eligible households have been shielded from price fluctuations in the energy market. People don’t have to struggle. Carl Packman discusses the approach taken by Belgium in an article on The Guardian website. There is … Continue reading A social tariff has shielded eligible households in Belgium from price fluctuations since 2002
Energy in Demand - Sustainable Energy - Rod Janssen 