Helsinki Partner Anna Granskog discusses what leaders can do to make the most of this year’s climate summit. McKinsey: What will be the biggest imperatives for leaders coming out of COP27? Anna Granskog: I see one imperative in particular for leaders at COP27, and that’s to stop treating sustainability, resilience, economic growth and the well-being […]
The WTO is set to play an active role at the UN’s COP27 Climate Change Conference taking place in Sharm El-Sheikh, Egypt, from 6 to 18 November. A detailed agenda for the WTO’s participation and WTO resources on trade and climate change can be viewed on the new COP27 portal on the WTO website. The […]
Russia’s invasion of Ukraine has prompted the International Energy Agency to reduce the share of fossil fuels in the global energy mix scenarios in its World Energy Outlook. High prices of fossil fuels are not only a big driver for their early phasing out, but also for accelerating the move to cheap clean energy alternatives. […]
COP27 should make headway on climate finance and loss and damage: TERI delegation to Sharm el-Sheikh New Delhi: With the 27th session of the Conference of Parties (COP) opening at Sharm el-Sheikh in Egypt over the weekend, the delegation from the New Delhi-based The Energy and Resources Institute (TERI) to the session underscored the […]
MANILA, PHILIPPINES : The Asian Development Bank (ADB) and other international financial institutions (IFIs) are for the first time launching a joint video campaign, “Investing for a greener world,” to showcase their role in facilitating climate change solutions, ahead of COP27. In addition to ADB, the group of IFIs includes the African Development Bank (AfDB), […]
India has pledged to push for increased climate finance for developing nations at the COP27 talks in Egypt Nov. 6-18, while holding its ground on using a mix of new fossil fuel production and low carbon energy sources to drive its own economic growth. The country expects to take a leading role at the talks, […]
Egypt’s resort town Sharm El-Sheikh has secured its largest solar PV project to date The 20 MW facility was developed and commissioned by local energy distributer Taqa Arabia It will generate 42 GWh annually, enough to supply clean electricity to over 6,000 hotel rooms Private energy distribution company Taqa Arabia of Egypt has commissioned a […]
This year’s UN climate conference (COP27) will take place against a backdrop of global crises. The ripple effects of COVID-19 and Russia’s invasion of Ukraine have sent food and energy prices soaring to record highs, while unprecedented climate disasters are fueling widespread and devastating disruptions with historic levels of rain, heat, drought, fires and storms […]
More than 100 leading wind energy companies call on Paris Signatories to streamline planning and permitting, upgrade grid infrastructure and evolve power markets to accelerate renewable energy deployment. New York : A global coalition of 108 leading wind energy companies and associations, representing 81% of installed wind energy worldwide, has challenged governments to take dramatic […]
Brussels : COP27 must be the moment countries come together to put renewable energy at the centre of climate action. This year, the Global Wind Energy Coalition for COP27 has convened to ensure world leaders recognise the urgent need for a massive step-up in the deployment of wind energy to resolve the twin crises of […]