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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

Ben Caldecott, director of the Oxford sustainable finance program and COP26 strategy adviser for finance, hailed the announcement as a "big deal," noting that HSBC faced particular challenges due to its being more exposed to emerging markets than many of its peers.

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Ithaca, New York launches first city-wide electrification effort in the U.S.

Renewable Energy World

The City of Ithaca, New York has voted to electrify its entire building stock -- the first large-scale, city-wide decarbonization effort in the U.S. The project is in line with Ithaca's Green New Dea l, which the city approved in 2019 to address climate change, economic inequality, and racial injustice. "At Follow @EngelsAngle.

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Three New Business Models to Achieve Carbon-Reduction Goals

3BL Media

The most recent Intergovernmental Panel on Climate Change (IPCC) report indicates that around 2,400 gigatons (Gt) of net CO 2 emissions were generated globally from 1850 to 2019. The hydrogen supply chain is key for developed economies in achieving decarbonization goals, especially in light of the expected steady increase in carbon taxes.

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Tetra Pak Recognised for Fourth Consecutive Year as Part of CDP 'A List' for Action on Climate Change and Forests

3BL Media

We must decarbonize half of global GHG emissions and eliminate deforestation by 2030, alongside achieving water security on the same timescale – there is no route to 1.5°C 1 In 2021, Tetra Pak reduced its operational footprint GHG emissions (scopes 1, 2 and business travel) by 36% compared to its 2019 baseline. 2 Baseline: 2019.

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Drax seeking permission to add pumped storage at 440-MW Cruachan facility

Renewable Energy World

The project, announced as the UK prepares to host the COP26 climate conference in Glasgow, will support almost 900 jobs in rural areas across Scotland during construction and will provide critical storage capacity needed to support a net-zero power system.

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Four Ways Development Agencies Can Advance Carbon Markets

3BL Media

The 2021 United Nations Climate Change Conference (COP26) established an accounting mechanism known as the “corresponding adjustment” to ensure that only one country counts each emission reduction. Our climate change services include: Formulating national and regional decarbonization strategies and plans.

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The Circular Economy Has a Critical Role in Driving Climate Action

3BL Media

DESCRIPTION: At the recent COP26 climate talks, countries and companies largely focused on tackling climate change by decarbonizing the energy sector. Meeting climate targets will also require tackling the remaining 45 percent of emissions associated with making products,” the Ellen MacArthur Foundation concluded in a 2019 report. “A

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