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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...

World Energy Outlook 2021 Shows a New Energy Economy is Emerging – But not yet Quickly Enough to Reach Net Zero by 2050

A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the IEA’s new World Energy...

Zero waste to landfill achieved at ABB’s Frosinone factory in Italy

Zero production waste to landfill has been achieved at ABB Smart Power’s manufacturing unit in Frosinone, Italy — 14 years ahead of the European Union’s Circular Economy Package target of no more...

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...

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,...

New Research Shows Food System is Responsible for a Third of Global Anthropogenic Emissions

The world’s food system is responsible for a third of global anthropogenic greenhouse gas (GHG) emissions, according to new research by a team led by the UN Food and Agriculture Organization and...

Energy Pathway to Net Zero by 2050

The world has a viable pathway to building a global energy sector with net-zero emissions in 2050, but it is narrow and requires an unprecedented transformation of how energy is produced, transported...

Global Assessment: Urgent Steps Must be Taken to Reduce Methane Emissions this Decade

A Global Methane Assessment released today by the Climate and Clean Air Coalition (CCAC) and the United Nations Environment Programme (UNEP) shows that human-caused methane emissions can be reduced by up to...

Clean Energy Demand For Critical Minerals Set to Soar as the World Pursues Net Zero Goals

Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming decades to meet the world’s climate goals, creating...

Fast-Track Energy Transitions to Win the Race to Zero

Proven technologies for a net-zero energy system already largely exist today, finds the preview of World Energy Transitions Outlook by the International Renewable Energy Agency (IRENA). Renewable power, green hydrogen and modern bioenergy will dominate...

Statkraft Chooses ABB Synchronous Condensers to Help the UK National Grid Meet Its Zero-Carbon Targets

The project in Liverpool combines ABB synchronous condensers with flywheels to help stabilize the power grid as renewable energy replaces large fossil-fueled rotating power plants. ABB has been awarded a major turnkey contract...

ABB to Power South Korea’s First Domestic Zero-Emissions Ferry

The new ferry represents the first commitment by South Korean authorities to a plan which will see 140 state-owned conventionally powered vessels replaced with those operating on cleaner alternatives by 2030, in...

Wider Use of Carbon Markets to Boost Net-Zero Future 

If more countries start recognizing the catalytic potential of carbon markets, the cost of achieving their climate mitigation targets will go down. This will make it easier for countries to step up...

How to Turn Industrial Carbon Emissions Into Building Materials

When Sophia Hamblin Wang flew to Davos, Switzerland, in January 2020, swathes of her home country, Australia, was on fire."So many of my communities were affected in profound ways. We could feel...

New Jersey’s Plan To Cut Global Warming Emissions 80 percentage By 2050

As I wrote earlier today, New Jersey has a legal requirement to cut its greenhouse gas emissions 80 percentage by 2050, based on 2006 levels. Its biggest source of emissions is transportation, accounting...

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