greenhouse gas emissions
Renewable energy
Distributed renewable energy platform launched by leading foundations
The IKEA Foundation and The Rockefeller Foundation have announced a $1 billion joint venture that aims to reduce 1 billion tons of greenhouse gas emissions and improve 1 billion lives with distributed renewable energy (DRE). The initiative will be operated through a new global platform, launching in 2021
Business and markets
Four huge climate wins show fossil fuel companies on back foot
Three global fossil fuel giants have just suffered embarrassing rebukes over their inadequate action on climate change.
Finance and Policy
Roundtable: Climate finance – adaptation and mitigation
Compounding climate challenges, COVID-19 has introduced multiple, intersecting systemic shocks, and one of its casualties has been the capacity to adapt and respond to escalating climate risks.
Energy Efficiency
Spanish dairy farm: From self-sufficiency to green gas market
German biogas specialist Welltech will build a biomethane power plant for Spanish cattle farm Torre Santamaria, which already covers its own energy demands from a biogas plant.
Future Energy
Recycling carbon to make a new kind of soap
Multinational consumer goods company Unilever has partnered with LanzaTech and India Glycols to produce a surfactant made from industrial carbon emission instead of fossil fuels.
Generation
Morocco: new wind farm coming online
InnoVent Maroc is setting up a 36MW wind farm in Morocco. The Oualidia wind farm is expected to begin full operations by the middle of 2021. The wind farm, which covers 10 hectares, is located in the Sidi Bennour province of Morocco.
Finance and Policy
New green bond for India’s resilient recovery heavily oversubscribed
Indian renewable energy developer Continuum has tapped the International Finance Corporation to anchor its first green bond.
Future Energy
India to see world’s largest energy demand increase in next 20...
The ability of India to ensure affordable, clean and reliable energy for its growing population will be vital for the future development of its economy.
Business and markets
Apex International Energy discovers oil in Egypt’s Western Desert
Apex International Energy has announced a new oil discovery in the Southeast Meleiha Concession in the Western Desert of Egypt.
Finance and Policy
IEA warns methane emissions resurgence imminent
Global methane emissions from the oil and gas industry fell by about 10% in 2020 as producers slashed production. But, the International Energy Agency (IEA) warns emission will rebound strongly without greater action from companies, policy makers and regulators.
