Remove 2010 Remove Banking Remove COP26
article thumbnail

Are you greenwashing, wishing or walking?

GreenBiz

Helle Bank Jorgensen. Eleven years ago, in 2010, at the United Nations Framework Convention on Climate Change’s COP15, developed countries committed to a goal of mobilizing $100 billion per year by 2020, to address the needs of developing countries. Now, we are looking forward to COP26 in Glasgow and the stakes are high.

article thumbnail

What’s driving the push as institutions plow money into renewables?

Renewable Energy World

Its survey covered 62 banks, asset managers and other institutional investors. According to IRENA, among newly commissioned projects, the global weighted average levelized cost of energy (LCOE) of utility-scale solar PV fell by 85% between 2010 and 2020.

Net Zero 112
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Time to Show ‘True Grit’ on Climate Adaptation

Chris Hall

Or even for the Coen Brothers’ 2010 remake of the classic Western ‘True Grit’, from which the quote above is taken. There are several financing questions to answer too – areas where developing nations in particular are keen for ‘stories about money’ to transform into cash in the bank.

UNEP 64
article thumbnail

Carbon pricing currently too low for a just transition to net-zero, says climate advisory group

Envirotec Magazine

Coal-fired power plants in Ulaanbaatar, Mongolia (image credit: Asian Development Bank , CC BY-NC-ND 2.0 ” The document from the Climate Crisis Advisory Group (CCAG)[1] sets out seven recommendations that it believes global leaders at COP26 must consider to make carbon pricing more effective. license ).

article thumbnail

ESG Explainer: Financing Adaptation

Chris Hall

Adaptation has not been a tremendous focus for the public sector nor the development banks. The median blended finance transaction has been US$64 million in total size (2010-2018). degree warming target. The latter have been more focused on mitigation and transition than on adaptation.”

article thumbnail

The Current State of Play on Financing Loss and Damage

Chris Hall

The Santiago Network on Loss and Damage, whose functions were agreed upon at COP26 in Glasgow, is gearing to provide only technical assistance on loss and damage. COP26 also saw pledges from the governments of Scotland and Wallonia which committed £2 million (approximately US$2.5 Of this total, 90.1%

COP26 52
article thumbnail

These 30 under 30 are leading a green youthquake

Corporate Knights

INNOVATORS THE CLEANTECH INCUBATOR Morgan Lehtinen & Sebastian Alamillo 29, Newmarket, ON; 24, Kingston, ON Co-founders, RXN Hub When BP’s Deepwater Horizon oil rig ruptured in 2010, a 15-year-old Morgan Lehtinen watched the disaster unfold and knew her future would be shaped by it.