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. […]
