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After last year’s budget, I submitted a media request asking the Department of Finance and the Ministry of Environment and ClimateChange how much they were set to spend to address the climate crisis in 2022. The table below shows new budget funding to address the climate crisis and opportunity imperatives this fiscal year.
Year after year, renewable energy – wind and solar, primarily – has expanded at rates exceeding the estimates even of its boosters, driven by plunging costs; since 2015, renewables have made up the largest share of new electricity on grids worldwide. The past 10 years has seen the launch of a truly global energy transition.
Smartgrids and AI form part of the solution to these problems. A smartgrid is an electricity network that uses digital technologies to monitor and manage the transport of electricity from all generations sources to meet the varying electricity demands of end users.
DESCRIPTION: Water is one of the most visible signs of climatechange, whether it is too much or not enough. But until recently, it mostly was seen as primarily a climate adaptation and resilience concern. The fact is, however, that water also can play a powerful role in climate mitigation. Water and climatechange.
These are just a few of the nightmare scenarios evoked by UN Secretary General António Guterres following the publication in April of the latest Intergovernmental Panel on ClimateChange (IPCC) report on climate science. C target set out under the Paris Agreement in 2015. The findings could scarcely be starker.
Innovation in renewable energy is obviously important but not only to fight climatechange. Digital solutions are unshackling a growing number of ‘active consumers’ and prosumers, thereby accelerating the development of local smartgrids and even helping to cost-effectively balance larger regional grids.
“There is huge investment potential for the taking in Indonesia’s sustainable commodity supply chain for agricultural products, including in nature-based solutions (NbS) ,” adds Monica Bae, Director of Investor Practice at the Asia Investor Group on ClimateChange (AIGCC).
Younger generations are also mobilizing as climate activists who truly care about the environment, which in turn is influencing policy. The fight against climatechange is too much for companies and governments to handle alone. The journey to meeting 1.5°C C by 2050 requires that we all act together. link] #LifeIsON.
economy is gathering steam, as the Biden Administration commits to creating 10 million green jobs to help address climatechange and consumer demand for it swells. Sunny optimism about the expansion of a clean-energy U.S. The sky’s the limit on green jobs.
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