In Short : India and Japan have signed a Memorandum of Cooperation on the Joint Crediting Mechanism (JCM) under Article 6.2 of the Paris Agreement. The collaboration aims to promote low-carbon technologies, support carbon credit exchanges, and advance climate goals. This partnership is expected to accelerate emissions reduction efforts while fostering sustainable growth and clean […]
Opinion: Model no more? Turkey’s energy transition reversed in 2022: Maguire – EQ Mag
LITTLETON : As Europe’s fastest-growing energy consumer since 2010, and a ratifier of the Paris agreement to cap emissions, Turkey is viewed as a critical energy transition test case seeking to retool its power system while sustaining economic growth. With a population of 85 million and a major manufacturing base on the doorstep to Europe, […]
Hydrogen Production Criteria – EQ Mag
Status: The Hydrogen Criteria are now available for Climate Bonds Certification. Criteria: The Hydrogen Criteria lay out the requirements for Hydrogen production projects to be eligible for inclusion in a Certified Climate Bond and for companies on a credible transition path to issue transition labelled debt. Bonds and loans linked to these eligible assets and […]
Explaining the First “Global Stocktake” of Climate Action – EQ Mag Pro
If we are to prevent the most dangerous impacts of climate change, the world must make massive emissions cuts in coming years while also bolstering the ability of communities and ecosystems to adapt. But how will we know if we’re making sufficient progress or falling short? And how will we know where we should head? […]
World counts on India to mobilize credible actions to deliver on 2030 Agenda, Paris Agreement’: UN chief – EQ Mag Pro
New York : As India assumes the presidency of the G20, the world counts on it to mobilise credible actions to deliver on the 2030 Development Agenda and the Paris Climate Agreement, UN Secretary-General Antonio Guterres said on Saturday. In his message to a special ‘India@75’ event on ‘Showcasing the India-UN Partnership in Action’, the […]
Investing in Green Index Funds? They Probably Aren’t Aligned with the Paris Agreement – EQ Mag Pro
Passive investing and sustainability are two of the most powerful trends in finance. They come together in the form of sustainable passive funds. But this rapidly growing sector, which has the potential to channel capital into vital climate investments, leaves something to be desired. As opposed to active managers, passive fund managers do not try […]
400 GW wind, and solar power per year to meet 1.5 C Paris Agreement – EQ Mag Pro
The cheapest, fastest and most cost-effective way to achieve the EU goal of climate neutrality by 2050 with a max. 1.5 degree temperature increase will entail a massive roll-out of solar, wind and electrolysers over the next many years. What will it cost to reach the goal of the Paris Agreement and limit global warming […]
MDBs Pledged to Align Financial Flows with the Paris Agreement. They’re Not There Yet – EQ Mag Pro
Two years after the 2015 Paris Agreement, the world’s multilateral development banks (MDBs) committed to align their financial flows with the landmark climate pact’s goals. Now, four years later, it’s clear that as a group, the MDBs are still a long way away from realizing their commitment throughout their portfolios. While MDBs have focused on […]
AIIB to Fully Align with Paris Agreement Goals by Mid-2023
Currently projects USD50 billion investment for climate finance by 2030 The Asian Infrastructure Investment Bank (AIIB) announced today that it will align its operations with the goals of the Paris Agreement by July 1, 2023. The Bank currently estimates its cumulative climate finance approvals to be USD50 billion by 2030. This amount would represent a […]
India welcomes US’ efforts to fight climate change, its return to Paris Agreement – EQ Mag Pro
President Biden, in his talks with Prime Minister Modi in the Oval Office of the White House, expressed support for India’s intention to achieve a domestic goal of installing 450 GW of renewable power by 2030, according to the US-India Joint Leaders’ Statement issued after their meeting on Friday. India has welcomed America’s efforts to […]
