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COP26 Climate Pledges Could Help Limit Global Warming to 1.8 °C, but Implementing Them Will Be the Key

At the COP26 Climate Change Conference taking place in Glasgow, a key question is what do all the new pledges by different countries to reduce emissions mean for global warming? This was...

Global energy efficiency progress is recovering – but not quickly enough to meet international climate goals

A rapid expansion of technologies and solutions that drive more efficient use of energy across the economy is necessary to keep global climate pledges within reach, according to a new IEA report,...

Nature Investment Accelerator Invites Corporates to Slash 1Gt Emissions Annually

- Leading companies launch a campaign to increase private sector investment in natural climate solutions (NCS) to the tune of 1 Gigatonne (Gt) of emission reductions per year by 2025 - Under current...

Climate Action in Agribusiness Could Reduce Emissions by up to 7 percent

Targeted action in agriculture could have a massive impact on climate change, according to a joint brief by the European Bank for Reconstruction and Development (EBRD) and the Investment Centre of the...

Greenhouse Gas Bulletin: Another Year Another Record

The abundance of heat-trapping greenhouse gases in the atmosphere once again reached a new record last year, with the annual rate of increase above the 2011-2020 average. That trend has continued in...

CEB and Slovenia’s SID Banka discuss a new loan for infrastructure, energy efficiency and environment

The Governor of the Council of Europe Development Bank (CEB), Rolf Wenzel, and Vice-Governor Tomáš Boček today met with representatives of the Slovene Export and Development Bank (SID Banka) to finalise a...

Green Hydrogen Fuels to Enable Up to 80 percent of Global Shipping Emission Cuts by 2050

A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80 percent of CO2 emissions attributed to international maritime shipping...

EBRD Launches Energy Compact for its Urban Sustainability Programme

The European Bank for Reconstruction and Development (EBRD) is launching its own Energy Compact to support the energy transition, focussed on investments within its flagship urban sustainability programme, EBRD Green Cities. The...

Better Energy Efficiency Policy With Digital Tools

The digitalisation of energy systems is transforming energy efficiency, introducing technologies and creating new sources of detailed data which are supporting new business models and revenue streams. As the market and technology...

Queensland’s Ambitious Actions To Tackle Climate Change

The Sunshine State has set some ambitious targets in its efforts to go renewable. The state government target is 50 percent by 2030. RenewEconomy’s live feed indicates that as of 12 noon, the...

Support to Scale up Renovation of Private Residential Buildings and Cut Emissions

Addressing a core issue in the effort to improve the use of energy in Lithuania, the European Bank for Reconstruction and Development (EBRD) is lending EUR 67.5 million to support an innovative...

How Technology Can Bridge the Gap Between Climate Talk and Action

As society pressures leaders for a more environmentally-friendly agenda, governments responsible for 63 percent of world emissions have committed to net zero with corporate net-zero commitments covering 12 percent of the global...

With Only 2 percent of Governments’ Recovery Spending Going to Clean Energy Transitions, Global Emissions Are Set to Surge to an all-time High

Governments worldwide are deploying an unprecedented amount of fiscal support aimed at stabilising and rebuilding their economies, but only about 2 percent of this spending has been allocated to clean energy measures,...

Global Electricity Demand is Growing Faster than Renewables, Driving Strong Increase in Generation From Fossil Fuels

Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing...

EBRD Announces Full Paris Alignment by end-2022

The European Bank for Reconstruction and Development will from the end of 2022 align all its activities with the goals of the Paris Agreement, aiming to accelerate decarbonisation across its regions, supporting...

Hydropower Has a Crucial Role in Accelerating Clean Energy Transitions to Achieve Countries’ Climate Ambitions Securely

The growth of hydropower plants worldwide is set to slow significantly this decade, putting at risk the ambitions of countries across the globe to reach net-zero emissions while ensuring reliable and affordable...

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