JAKARTA : Yesterday the government of Indonesia submitted an updated national climate commitment to the United Nations. The plan includes new measures on adaptation and resilience and some new targets in specific sectors, but has the same topline emissions targets submitted in 2016: an unconditional target to reduce greenhouse gas (GHG) emissions 29% below business-as-usual […]
EU to Urge 2035 Goal to End Combustion-Engine Era in Autos
The European Union is set to propose all new cars sold from 2035 should have zero emissions, as part of an unprecedented plan to align its economy with more ambitious climate targets. The European Commission, the bloc’s regulatory arm, plans to require emissions from new cars and vans to fall by 65% from 2030 and […]
Asia’s New Coal Plant Plans Jeopardise Climate Targets, Report Says
China, India, Indonesia, Japan and Vietnam plan to build more than 600 new coal-fired power projects, with a combined capacity of more than 300 gigawatts. LONDON : Five Asian countries are responsible for 80% of new coal power plants planned around the world, the Carbon Tracker group said on Wednesday, saying most would prove uneconomical […]
Britain Risks Missing Climate Targets Due to Lack of Policies -Advisers
LONDON : Britain’s lack of policies to meet net zero emissions by 2050 is jeopardising its chance of meeting the target, the country’s climate advisers said in a progress report on Thursday. Britain in 2019 became the G7 first member to set a net zero target, which will require wholesale changes in the way that […]
Italy Promises “Brutal” Cuts to Red Tape Delaying Renewable Energy Projects
Italy’s byzantine authorisation process has slowed down the rollout of new green energy schemes, jeopardising access to EU recovery funds and the achievement of climate targets. Rome, which needs to install up to 70 gigawatts of new renewable energy capacity by 2030, is currently installing just 0.8 GW per year, in large part due to […]
OPINION: Leveraging international capital flows for India’s green recovery and clean energy transition
The finance sector needs to better integrate long-term climate risks into investment decisions, and work with governments and development partners to design suitable financing vehicles to help scale private capital flows for clean energy New Delhi: COVID-19 induced economic recession in India has created an urgent need to ramp up investments and create much-needed jobs. […]
