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ADB Announces Support for Task Force on Climate-Related Financial Disclosures – EQ Mag Pro

MANILA, PHILIPPINES : The Asian Development Bank (ADB) has declared its support for the Task Force on Climate-Related Financial Disclosures (TCFD), reaffirming its commitment to building a more resilient financial system, increasing transparency, and safeguarding against risks from climate change through enhanced disclosure. “By signing up to this important initiative, ADB is demonstrating its commitment […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ

Introducing ‘Regenerative,’ the New Climate Buzzword – EQ Mag Pro

“Regenerative” is the new “sustainable.” Or maybe it’s the new “renewable” — whatever. It’s the latest ubiquitous catchword in climate speak. Solar companies are now tagging their business as “regenerative energy.” The building industry is buzzing about “regenerative concrete.” Tourism offices are trumpeting “a more regenerative way of thinking.” Economists are calling for new metrics […]

COP28 faces debate over controversy-mired carbon credits

Why COP27 Needs a Bigger Circus and More Solar Panels – EQ Mag Pro

Four ways to improve UN climate conferences I vividly remember attending my first UN climate talks in 2008. I remember the optimism, the technical conversations, the discussions about the overpriced food in the conference center, the press, the flight, and yes, the debates about the carbon footprint of the flight. I flew to Accra as […]

COP28 faces debate over controversy-mired carbon credits

USAID ANNOUNCES TARGET TO MOBILIZE $150 BILLION IN CLIMATE FINANCE – EQ Mag Pro

USAID announced an ambitious target to mobilize $150 billion in public and private climate finance by 2030. USAID will catalyze the majority of this funding from private sector investments—as well as from public sector investments from partner country governments—through targeted programs and partnerships. USAID aims to catalyze 10 dollars of private sector financing for every […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

ADB Launches New Carbon Fund to Incentivize Climate Investments – EQ Mag Pro

GLASGOW, UNITED KINGDOM : The Asian Development Bank (ADB) this week launched a new carbon fund, the Climate Action Catalyst Fund (CACF), at COP26. The CACF will help ADB’s member countries meet their nationally determined contribution (NDC) targets and raise ambition over time. It will mobilize carbon finance through the purchase of internationally transferred mitigation […]

COP28 faces debate over controversy-mired carbon credits

U.S., Canada among 20 countries to commit to stop financing fossil fuels abroad – EQ Mag Pro

Coal produced around 37% of the world’s electricity in 2019. More than 40 countries have committed to shift away from coal, in pledges made at the COP26 climate summit. Major coal-using countries including Poland, Vietnam and Chile are among those to make the commitment. But some of the world’s biggest coal-dependent countries, including China and […]

OeEB invests in AMPIN Energy Transition to support renewable energy investments in India – EQ

ADB, EIB Sign MOU on Core Areas of Climate, Environment – EQ Mag Pro

GLASGOW, UNITED KINGDOM : The presidents of the Asian Development Bank (ADB) and European Investment Bank (EIB) signed a memorandum of understanding (MOU) today setting out areas of cooperation in Asia and the Pacific over the next 5 years. Under the MOU, signed on the sidelines of COP26 in Glasgow, the institutions agreed to work […]

COP28 faces debate over controversy-mired carbon credits

Carrefour Raises Climate Goals as Targets 2040 Carbon Neutrality – EQ Mag Pro

French retailer Carrefour SA said it aims to become a carbon-neutral company by 2040 by quickening its initiatives to reduce emissions of greenhouse gases. Carrefour aims to reduce its emissions by 70% in 2040 versus 2019 levels, 15 percentage points more than its previous target, the company said Sunday in a statement. The retailer said […]

COP28 faces debate over controversy-mired carbon credits

Predictable climate finance in focus for India at COP26

London : India will be looking for promises on consistent and predictable climate finance as it goes in with “full commitment” to the UK-hosted COP26 climate summit in Glasgow, according to Foreign Secretary Harsh Vardhan Shringla. Speaking just as the government confirmed that Prime Minister Narendra Modi will be attending the summit scheduled between October […]

OeEB invests in AMPIN Energy Transition to support renewable energy investments in India – EQ

Mexico agrees to expand climate goals by 2022, foreign minister says

Mexico’s Foreign Ministry said Lopez Obrador’s government will work closely with the United States to accelerate the deployment of renewable energy in Mexico, including wind, solar, geothermal and hydroelectric power, to strengthen its commitments under the Paris Agreement. Mexico, the second-largest greenhouse gas emitter in Latin America, has faced criticism over its current policies. Mexico […]

OeEB invests in AMPIN Energy Transition to support renewable energy investments in India – EQ