London and New York : New investment in renewable energy projects and companies totalled $174 billion in the first half of 2021, supported by record public market financing and record levels of venture capital and private equity commitments, according to the latest Renewable Energy Investment Tracker from research company BloombergNEF (BNEF). This is the highest […]
How Sustainable Are Sovereign Wealth Funds?
Yet the world’s biggest SWFs are making only patchy progress in adapting investment plans to account for environmental, social and governance factors, according to data on energy investments, an ESG analysis of the equity holdings of some of the funds, plus a survey of the players. LONDON: Risks don’t come much longer term than climate […]
Public Market Financing Lifts Renewable Energy Investment To New First-Half Year Record In 2021
London and New York – New investment in renewable energy projects and companies totalled $174 billion in the first half of 2021, supported by record public market financing and record levels of venture capital and private equity commitments, according to the latest Renewable Energy Investment Tracker from research company BloombergNEF (BNEF). This is the highest […]
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 […]
Sustainable Debt Issuance Hits $3 Trilloion Threshold
Sustainable debt, for green and social issues alike, continues to grow in breadth and popularity at record pace London and New York : Sustainable debt has surpassed $3 trillion borrowed for environmental, social and governance purposes, according to the latest data compiled by research company BloombergNEF (BNEF). This milestone highlights the rapid growth this once-niche […]
BP Bolsters Clean Energy Push With U.S. Solar Deal
BP Plc made a big stride in reaching its low-carbon generation target with a brace of solar power deals unveiled Tuesday. The oil and gas giant agreed to buy 9 gigawatts of solar projects in the U.S. from 7X Energy, London-based BP said in a statement. It’s joint venture Lightsource BP is also entering the […]
Nigerian Campaign For Solar Provider Lumos Wins Platinum At African SABREs
“Touching Lives Through A Determined School Child,” a campaign conducted by Nigerian PR firm Modion Communications on behalf of Lumos Nigeria, was awarded the Platinum SABRE Award. LONDON : “Touching Lives Through A Determined School Child,” a campaign conducted by Nigerian PR firm Modion Communications on behalf of Lumos Nigeria, was awarded the Platinum SABRE […]
Nissan in Talks Over UK Electric Car Battery Factory: Report
The discussions are part of a post-Brexit plan to make Sunderland the group’s largest high-volume electric vehicle site outside Japan, according to the business paper. London : Japanese carmaker Nissan is in “advanced” talks with the government over a new electric car battery factory in northeast England, the Financial Times reported Wednesday. The discussions are […]
RELEASE: HSBC Partners With WRI and WWF to Scale Next Generation Solutions to Climate Change
The US$100m global initiative aims to accelerate efforts to build a net zero global economy, forms part of HSBC’s climate strategy. LONDON : HSBC, in partnership with World Resources Institute (WRI) and WWF, today unveils their Climate Solutions Partnership to unlock barriers to finance for companies and projects that tackle climate change. The partnership’s three […]