Will geothermal lithium meet our sustainable energy needs?
Efforts are underway to find new ways to sustainably source lithium – an element that is key to the planet’s efforts to shift to a zero-emission future. Lithium is crucial in the production of critical technologies such as lithium-ion batteries and computers. Key projects trying to source the element sustainably include: A project in Cornwall, […]
Germany ‘must triple the pace of emissions cuts’
Germany missed its 2021 climate target and is on its way to missing it again in 2022 and in the following year as well. Vice-Chancellor Robert Habeck said that the country “must triple the pace of emission cuts” to reach its 2030 target. According to official figures published in December Germany has cut emissions by […]
US climate data report for 2021 released
On January 10, the NOAA National Centers for Environmental Information released their annual summary. The report detailed extreme weather events and average temperatures and noted that 2021 was the fourth warmest year since US started maintaining records. This means that the six warmest US years have all occurred since 2012. Key points include: The average […]
UK government publishes 3rd Climate Change Risk Assessment
On January 17, the UK government released the 3rd Climate Change Risk Assessment (CCRA3), noting the scale of the ‘unprecedented’ challenge faced by the country. The 5-year assessment looked at both the work underway and the remaining gap in the transition to resilience. Key points raised included: 5.2bn pounds in flood defenses Strategy towards public-private […]
Australian government introduces biomethane method package
On January 20, Australia announced that the Emissions Reduction Fund (ERF) will credit eligible biomethane projects, incentivizing emission reduction, under 3 existing waste management projects. Biomethane represents one of the top 5 ERF priorities. The following activities are covered by the package: Animal effluent management Landfill gas (generation) Domestic, commercial, and industrial wastewater The announcement […]
The European Citizens’ Panel finalizes suggestions for sustainability
The European Citizens’ Panel is organized to allow its citizens to use their thoughts and opinions to influence the future of the European Union. The panel’s deliberations are scheduled to be held in Natolin, Warsaw, Poland between the January 7-9, 2022. The panel will finalize its recommendations at the Conference on the Future of Europe. […]
British National Highways’ environmentally friendly initiatives
The government-owned British National Highways has started the process of decarbonizing England’s highways and A-roads, with the goal of reaching net-zero emissions by 2050. In order to ensure that, they will provide significant benefits to motorists, communities, and businesses in the future. The strategy is to achieve this vision by making three essential commitments: Achieving […]
Climate change news sparks a windfall for green stocks
Timely research and its findings have highlighted the correlation between sustainable investing in green stocks and negative climate news. Researchers, Pastor, Stambaugh, and Taylor, through their research, proposed an index that explains how green stocks outperform brown stocks whenever there is news regarding climate change. The flipside is the green premium created by preference shown […]
To be identified as a green loan, a loan requires adhering to Green Loan Principles
The International Finance Corporation (IFC) states that for a loan to be identified as a green loan, its structure must align with the Green Loan Principles that provide an international standard. These principles are based on four fundamental components listed below: Use of Proceeds: Deliver obvious environmental benefits that the borrower will analyze, quantify, and report. Project Evaluation […]
UK’s endeavor towards a green economy, to be the world’s first net-zero financial center
Britain is enlisting bankers to pave the way for a green economy. The Chancellor will sketch out a plan for UK to become the first net-zero-aligned financial center in the world, encouraging other nations to follow suit. Thanks to climate pledges by financial services firms, over $130 trillion—or 40% of the world’s financial assets—will be […]
