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Stronger international cooperation in high emissions sectors crucial to get on track for 1.5°C climate goal

Insufficient progress in transitions to clean technologies and sustainable solutions over the past year highlights the need for strong and targeted international collaboration in high emissions sectors to deliver transitions that are...

SUSTAINABLE BUSINESS, CLIMATE PROTECTION AND REDUCTION OF CO2 EMISSIONS AT THE TOP OF OMV’S AGENDA

With headquarters in Belgrade and a network of 63 petrol stations throughout Serbia, OMV Serbia strives daily to spread good energy with its quality products and services, as well as by carrying...

CO2 emissions from EU territorial energy use: -2.8 percent

According to Eurostat estimates, in 2022, the EU carbon dioxide (CO2) emissions from fossil fuel combustion (oil and oil products, natural gas, coal and peat) for energy use in the EU territory...

Power-sector Emissions are Set to Fall in 2022. – Thanks to Renewable Energy

Since Russia’s invasion of Ukraine triggered an unprecedented global energy crisis, the world has been turning to other sources of power, besides oil and gas, to meet demand. Renewable energy has seen a...

How do Countries Measure Greenhouse Gas Emissions?

With the 2022 Emissions Gap Report due to be released in October this year ahead of the United Nations Climate Change Conference (COP27) in Egypt, the focus is on how fast countries...

The World Needs More Diverse Solar Panel Supply Chains to Ensure a Secure Transition to Net Zero Emissions

Ensuring a secure transition to net zero emissions will require increased efforts to expand and diversify global production of solar panels whose global supply chains are currently heavily concentrated in China, the...

UK Government Boosts Space Tech Funding To Cut Carbon Emissions And Improve Energy Security

Funding for pioneering new space technologies will help to cut carbon emissions, improve energy security and enhance the UK’s reputation as a science superpower, the Business and Energy Secretary Kwasi Kwarteng announced...

Global CO2 Emissions Rebounded to Their Highest Level in History in 2021

Increased use of coal was the main factor driving up global energy-related CO2 emissions by over 2 billion tonnes, their largest ever annual rise in absolute terms. Global energy-related carbon dioxide emissions rose...

It’s Time to Shift to Net-Zero Emissions Plastics

There are two sides to everything - and that goes for plastics, too.Let's start with the positive side. Plastics shape and facilitate the whole of modern life. They are found in everything...

Global SUV Sales Set Another Record in 2021, Setting Back Efforts to Reduce Emissions

As the global economy has recovered strongly this year, car sales have rebounded too. Globally, they are set to grow by 4 percent in 2021, according to the auto industry tracker MarkLines,...

Car Leasing and Rental Company Plans to Cut Fleet’s Carbon Emissions by a Quarter by 2025

The European Bank for Reconstruction and Development (EBRD) is investing  EUR 10 million in a EUR 48 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company. This is Romania’s...

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...

G7 Members Have a Unique Opportunity to Lead the World Towards Electricity Sectors With Net Zero Emissions

G7 members are well placed to fully decarbonise their electricity supply by 2035, which would accelerate the technological advances and infrastructure rollouts needed to lead global energy markets towards net zero emissions...

Devastating Wildfires Cause Record Emissions in Northern Hemisphere

Europe’s Copernicus Atmosphere Monitoring Service (CAMS) has been closely monitoring a summer of extreme wildfires across the Northern Hemisphere, including intense hotspots around the Mediterranean basin and in North America and Siberia....

Better Raw Material Sourcing can Significantly Reduce Greenhouse Gas Emissions

Climate-friendly practices for sourcing raw materials hold significant potential to cut greenhouse gas emissions in Europe and globally. According to a European Environment Agency (EEA) report, published today, focusing on raw material...

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