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Why Aren’t We Reducing our Reliance on Fossil Fuels Faster?
The world must rapidly cut its greenhouse gas emissions. Remarkable progress has been made, especially in the adoption of renewable energy in the transport and energy sectors, but the change is not...
How to Unlock a USD 500 Billion Investment Opportunity in Advanced Energy Solutions and Reach Net Zero
Developing advanced energy solutions including storage, clean fuels, carbon removal and advanced nuclear solutions is key to achieving better outcomes for the climate in the form of low emissions, health via clean...
ABB’s 2030 and 2050 Science-Based Targets Approved by the Science Based Targets initiative (SBTi)
ABB welcomes the approval of its emissions reduction targets by the Science Based Targets initiative (SBTi). As part of the company’s efforts to enable a low-carbon society ABB submitted updated scope 1,...
First-Ever Global Renewables Summit Announced to Drive Action to Triple Renewable Power by 2030
The Global Renewables Alliance (GRA) and Bloomberg Philanthropies, in partnership with the governments of Barbados and Kenya, the European Commission, the COP28 and COP29 Presidencies, the International Energy Agency (IEA), the International...
ABB Opens Nnew EUR 20 Million Energy-Efficient Factory in Belgium
ABB has opened a new 20 million euros injection molding manufacturing site at Evergem, near Ghent in Belgium, to meet the growing demand for safe, smart and sustainable electrification solutions in Europe....
DEFORESTATION CONTRIBUTES TO INCREASED MERCURY POLLUTION – AFFORESTATION REDUCES IT
The danger of possible contact with mercury is something we have been familiar with since childhood when using old-fashioned thermometers. However, mercury is much more present in our living environment and its...
EU: NET ZERO INDUSTRY ACT COULD THREATEN THE EUROPEAN WIND INDUSTRY
Wind energy is important for the European Union Member States, considering that 19 percent of the energy consumed in the EU comes from this renewable source. Although almost all European wind turbines...
PROCREDIT BANK ON THE ROAD TO CARBON NEUTRALITY
Saving energy, sustainable use of natural resources, less waste and reduction of harmful gas emissions are some of the clearly defined and planned goals of ProCredit Bank. They firmly adhere to internal...
Greenhouse Gas concentrations hit record high. Again.
The abundance of heat-trapping greenhouse gases in the atmosphere once again reached a new record last year and there is no end in sight to the rising trend, according to a new...
How can sustainable debt support China’s energy transition?
Sustainable debt has become a popular tool to fund green and sustainability-linked activities since it first emerged in the mid-2010s, providing a tailwind to clean energy investment. Global sustainable debt issuances have...
IEA, ECB and EIB highlight importance of an accelerated clean energy transition for Europe’s industrial competitiveness and financial stability
The heads of the European Investment Bank (EIB), the European Central Bank (ECB) and the International Energy Agency (IEA) are today calling on leaders from government, finance and industry across Europe to...
Upcoming EU Hydrogen Bank pilot auction: European Commission publishes Terms & Conditions
The Commission published the Terms and Conditions (T&C) for its pilot auction dedicated to European renewable hydrogen production. It is an important step towards scaling up production of renewable hydrogen in the...
Global coal demand set to remain at record levels in 2023
Global coal consumption climbed to a new all-time high in 2022 and will stay near that record level this year as strong growth in Asia for both power generation and industrial applications...
Oman’s Quest for Net Zero: A Renewable Hydrogen Strategy
In a groundbreaking move, Oman is gearing up to become a global leader in the renewable hydrogen industry. This information is outlined in a new report by the International Energy Agency (IEA)...
Energy Efficiency and Renewables are Instrumental for Countries in the Greater Horn of Africa to Provide Energy for all
Energy infrastructure in the greater Horn of Africa has struggled to keep pace with a fast-growing population, creating a formidable hurdle for the region’s buoyant economies that can best be overcome through...
Elnos Group: Future is now
Dreaming big in business and making those dreams come true requires a lot of courage and hard work in real, everyday life. Every success story has a unique formula. However, those coming...
