Saphora Smith writes on the Independent website about a new UN group set up to tackle greenwashing. The chair of the new group, Catherine McKenna, says: ‘I believe that most people want to do the right thing but they have to pushed.’ Hopefully this group will have some real impact. ‘Transparency is the best … Continue reading New UN group to scrutinise companies’ pledges to cut planet-heating GHG emissions
Category: financial instruments
If ESG is to live up to its potential, we’re still a long way from making it meaningful
In an article on The Conversation website, Marc Lepere, PhD Candidate in Political Economy at King's College London discusses many of the concerns about the Environmental, Social and Governance (ESG) label. Fortunately, there is hope for the future. Green investing: the global system for rating companies’ ethical credentials is meaningless As the war in Ukraine … Continue reading If ESG is to live up to its potential, we’re still a long way from making it meaningful
As governments redirect emergency aid to Ukraine, they need to find additional funds for climate finance and not pitch the two crises against each other
Mattias Söderberg, chief advisor at humanitarian NGO DanChurchAid, provides his views on the need to keep financing climate change in an article on the Climate Change News website. Climate finance should not be made to compete with aid to Ukraine A little over four months ago, ministers from developed countries attending the Cop26 UN … Continue reading As governments redirect emergency aid to Ukraine, they need to find additional funds for climate finance and not pitch the two crises against each other
Sustainability reporting is useful to employees, customers, citizens and governments to assess the impact and sustainability of an organisation’s activities
Sustainability reporting — sometimes also referred to as environmental, social and governance (ESG) reporting — requires organisations to publicly report on a wide range of performance goals, not just profits. In an article on The Conversation website, David Cooper, Emeritus Professor of Accounting at the University of Alberta; Daniela Senkl, Assistant Professor in Accounting at … Continue reading Sustainability reporting is useful to employees, customers, citizens and governments to assess the impact and sustainability of an organisation’s activities
Review of G20 fiscal stimulus spending counters many countries’ green pledges to ‘build back better’
Fiona Harvey gives us a wake up call to pay more attention to so-called green financing in an article on The Guardian website. Only about 6% of pandemic recovery spending has been “green”, an analysis of the $14tn that G20 countries have poured into economic stimulus. Only 6% of G20 pandemic recovery spending ‘green’, … Continue reading Review of G20 fiscal stimulus spending counters many countries’ green pledges to ‘build back better’
What does the Energy Charter Treaty have to do with the Ukraine crisis?
The German government has been worried about being sued by the fossil fuel companies behind the Russian gas pipeline. This potential litigation is due to the Energy Charter Treaty (ECT). Yamina Saheb, a friend of EiD used to head the ECT’s energy efficiency unit and is now an energy policy analyst at the OpenExp think … Continue reading What does the Energy Charter Treaty have to do with the Ukraine crisis?
China’s removal of renewable energy subsidy will affect fight against climate change
China, the largest emitter of greenhouse gases, is also the largest user of energy and amid this, the country's growing population is putting pressure on Beijing to amend plans to fulfil its ever-growing energy needs. China's subsidy policy was mostly to cover excessive installation and production costs of renewable energy but the country has decided … Continue reading China’s removal of renewable energy subsidy will affect fight against climate change
Irish government launches the National Retrofitting Scheme
The Irish government recently approved a package of supports to make it easier and more affordable for homeowners to undertake home energy upgrades, for warmer, healthier and more comfortable homes, with lower energy bills. The measures address barriers to undertaking energy upgrades (retrofits) reported by homeowners and those working in the industry. They also reflect the step-change needed – in … Continue reading Irish government launches the National Retrofitting Scheme
Call for reform of EU power market rules
The ongoing electricity price hike fuelled by the gas crisis makes a reform of EU power market rules more urgent than ever, argue friends of EiD Mike Parr, director of PWR, and Simon Minett, founder of Challoch-Energy in an article on the EURACTIV website. High electricity prices, renewables and windfall profits – all paid … Continue reading Call for reform of EU power market rules
Financing energy efficiency in Poland
A news article on the New Europe website discusses a landmark scheme to improve the energy efficiency of Polish homes. Separately, the moderndiplomacy website announced that the World Bank will be lending Poland €250 million to improve air quality and energy efficiency. Poland to boost residential energy efficiency with help from EBRD, BNP Paribas … Continue reading Financing energy efficiency in Poland
