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COP29 Climate Financing Negotiations in Stalemate

COP29

COP29 Climate Financing Negotiations in Stalemate

India
26-09-2021

India Makes Clean Energy Commitments at UN Summit
it announced to begin a Production Linked Incentive Scheme to add 10 GW solar PV manufacturing capacity by 2025.
Net Zero Emission
25-09-2021

Sri Lanka to Cease Building Coal-Fired Plants, Aims to be Net-Zero Emitter by 2050
Renewable energy sources such as wind and solar, and small and large hydro power plants together account for half of the island nation's installed electricity capacity, with coal and oil-fired power accounting for the rest.
Energy Transition
24-09-2021

Eni Launches First-Ever Energy Compact
The company aligned some of its energy transition goals with UN-backed initiatives.
Carbon Emissions
23-09-2021

South Africa's Sasol to Reduce Carbon Emissions by 30% to 2030
South Africa's fuel and chemical producer Sasol Ltd has raised its emissions reduction targets for 2030 to 30% from 10% previously in a bid to make the company a net zero carbon emitter by 2050
Net Zero Emission
23-09-2021

Petrobras Commits to Net Zero Carbon Emissions
Petrobras' public-private structure means that it will face closer scrutiny over its emissions than other national oil firms
Net Zero Emission
22-09-2021

Eighty-Six Companies Join Amazon’s Climate Pledge
Members generate more than $1.8tn in annual sales and have over seven million employees in 21 countries
India
22-09-2021

Adani Calls for Global Unity in Managing Climate Crisis
Billionaire industrialist Gautam Adani Tuesday called for implications of Covid-19 in India, the relevance of country's democratic system for doing business and the need for global unity in managing climate crisis.
Peru
17-09-2021

Peru's Renewables Boost Output by 6% y/y in Aug
The renewables share still increased from 5.4% estimated in July, when non-hydro clean power plants generated some 259 GWh.
Carbon Neutral
17-09-2021

Lundin Energy to Accelerate Carbon Neutral Aims
Swedish energy provider Lundin Energy has hastened its carbon neutrality ambitions by committing to absolute operation emissions being reduced by over 50% by 2023.
17-09-2021

Creston Commits to 100% Renewable Energy by 2050
‘Creston is setting the path forward for other rural communities like theirs to live healthier, safer, and cleaner lives.’
Carbon Neutral
15-09-2021

Portugal Forging Ahead with Green Energy
Portugal will be home to one of two hybrid energy parks in Europe as part of the Horizon 2020 fund aiming to promote green energy and carbon neutrality.
CCS
11-09-2021

Wärtsilä to Lead Norwegian Carbon Capture Research Initiative
Wärtsilä will lead a consortium of technology and energy companies conducting research and development of carbon capture and storage solutions to decarbonise the maritime industry.
CCS
11-09-2021

Iceland Launches the World’s Largest Carbon Capture and Storage Plant
Icelandic carbon capture company, Climeworks, has officially launched Orca, the world’s largest direct air capture and storage plant that permanently removes CO₂ from the air.
Carbon Emissions
07-09-2021

UK’s Low Carbon Heat Warms up with £270m Boost
The new heat network funding will only support low carbon technologies, including heat pumps
Carbon Neutral
07-09-2021

Hydrogen to Play a Key Role in Hyundai Motor Becoming Carbon-Neutral by 2045
Hyundai Motor Company aims to become carbon-neutral by 2045 with the company placing emphasis on its hydrogen value chain and the scaling of its fuel cell vehicle sales.
Carbon Emissions
06-09-2021

Saudi Arabia to Launch Emissions Exchange
Saudi Arabia has announced plans to launch a voluntary trading platform for carbon offsets and credits in the Middle East and North Africa region.
Iraq
05-09-2021

Iraq Needs International Backing to Meet Climate Goals
Baghdad's deputy prime minister Ali Allawi and IEA executive director Fatih Birol urged the international community to help Iraq transition away from fossil fuels
China
03-09-2021

Xi's Vision on Anti-Pollution Fight, Green Development
Xi stressed targeted, scientific and law-based measures in the fight against pollution while presiding over the the 21st meeting of the central committee for deepening overall reform.
02-09-2021

Google Signs Agreement with Engie for Renewable Power
Engie will supply Google with renewable power from solar and wind power plants for a period of three years.
China
24-08-2021

China’s Big Oil To Exploit Core Strengths In Decarbonization
The Chinese economic miracle has succeeded in lifting millions out of poverty and transforming the geopolitical landscape.
Coal Trade
23-08-2021

Germany Flirts With Power Crunch in Nuclear and Coal Exit
German consumers have the highest power bills in Europe
Carbon Emissions
21-08-2021

China ETS: Emissions Prices Settle at Record Low
Prices in China's emission trading scheme have fallen to the lowest level since the market started trading last month, while trading volumes also dropped this week.
Energy Saving
20-08-2021

China Vows to Limit Projects with High Carbon Emissions
Only 30% of mainland Chinese regions achieved cutting energy consumption.
Market Analysis
18-08-2021

Middle East Stalls Conventional Power Contracts in Favour of Renewables
Renewable energy project contract awards in 2021 have eclipsed deals for conventional power plant projects in the Middle East as the region’s energy diversification agenda gathers pace.
Paris Climate Agreement
16-08-2021

‘India Only G20 Nation to Meet Climate Goals’
India has a target of achieving 40% of electric power installed capacity from non-fossil fuel sources by 2030 in its nationally determined contribution under the Paris Agreement.

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