Six global banks join forces to decarbonize steel
Six banks are working together to develop a climate-aligned finance agreement to support steel sector decarbonization.
UK Government announces £44 million cash boost to cut emissions from buildings
Tens of thousands of UK homes, businesses and public buildings are one step closer to benefitting from greener, cleaner energy thanks to £44 million of government funding.
Energy Transition Summit: Net zero by 2050 is economically achievable
The Energy Transition Summit took place this week on the 25 & 27 May, providing key market insights, trends and opportunities over the next decade as the energy sector prepares to support a global green economy.
Enel cuts ribbon on Flexibility Lab, promoting innovation towards flexible distribution networks
The Flexibility Lab, located in Milan and Bari in Italy, and in Malaga and Barcelona in Spain, will allow the testing of flexibility solutions in a real-world operating environment and ensuring technological neutrality.
Shell forced to drastically reduce CO2 emissions after court order
Friends of the Earth wins climate case against Shell.
Unilever announces partnership for plant-based protein innovation
Unilever has announced that it will partner with food-tech company ENOUGH to bring new plant-based meat products to market.
Shell’s energy transition strategy backed by shareholders despite backlash
At their annual general meeting (AGM) last week, Shell won the backing of the vast majority of its shareholders for its new energy transition strategy.
IEA releases comprehensive study of how to transition to a net zero energy system by 2050
World’s first comprehensive energy roadmap shows government actions to rapidly boost clean energy and reduce fossil fuel use can create millions of jobs, lift economic growth and keep net zero in reach.
UN launches new biodiversity tool to help banks and investors assess their financial portfolio
New UN-backed biodiversity tool has been launched, enabling financial institutions to explore to what extent their financial portfolio indirectly drives species extinction risk and impacts ecological integrity.
EV charging: the difference between AC and DC
When it comes to electric mobility, two separate electrical currents can be used to fuel an electric vehicle (EV)—AC (alternating current) and DC (direct current).
Ofgem: One in four consumers plan to buy an electric car in the next five years
New research conducted by Ofgem have found that 24% of consumers plan to buy an electric or plug-in hybrid vehicle in the next five years.
Cummins selects Spain for electrolyser plant and teams with Iberdrola to lead on green hydrogen
Global power leader Cummins Inc. (NYSE: CMI) joined today government leaders and partner Iberdrola, one of the world’s largest energy companies, to announce its plans for one of the world’s largest electrolyzer plants for the production of green hydrogen to be located in Castilla-La Mancha, Spain.
UK secures historic G7 commitments to tackle climate change and halt biodiversity loss by 2030
The Climate and Environment Ministers of the G7, under UK leadership, have secured historic commitments which will put climate, biodiversity and the environment at the heart of worldwide COVID-19 recovery.
Industry Transition Summit: Pandemic can be a key turning point for the hard to abate sectors
The Industry Transition Summit took place this week on the 25 & 27 May, convening stakeholders from across the industry, policy, technology, regulation and investment spectrums who are committed to transforming the hard to abate sectors.
HSBC announces partnership with WRI and WWF to scale next generation solutions to climate change
HSBC, in partnership with World Resources Institute (WRI) and WWF, has unveiled a new Climate Solutions Partnership to unlock barriers to finance for companies and projects that tackle climate change.
Not everyone’s a winner: mitigating climate and inflation risk
There is a lively debate among economists and central banks about the extent to which climate change is inflationary. Where does this leave investors concerned about addressing both climate and inflation risk in sovereign bond markets? Read the FTSE blog.