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ECB Stress Test: Banks’ Credit Risk Doubles by 2030 Under Slower Climate Transition

ESG Today

The accelerated transition scenario assumes a significant increase in energy costs in the near term, and substantially greater initial green investments, rising to €2 trillion by 2025, compared to only €0.5 These risks would be particularly acute for companies in energy-intensive sectors such as manufacturing, mining and electricity.

Banking 128
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Cascale, Worldly Host Climate Event, Mark Decarbonization Steps

3BL Media

Next, in a special pre-recorded session, “Manufacturer Message: Live from Jakarta,” Sunil Shewakramani, CEO Busana Apparel Group, and Andrew Martin, executive vice president of Cascale, discussed the synergy between brands and suppliers and the moral imperative to do right by people and planet.

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BMW Invests $750 Million to Convert UK MINI Plant to All-Electric Production

ESG Today

The facility is gearing up to build two new all-electric MINI models from 2026, with 2030 volume planned to be entirely electric. Investor groups have warned that the government’s recent policy signals have reduced confidence in the its commitments to its climate policies have put the UK’s position in the race for green investment at risk.

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More Than a Pipe Dream?

Chris Hall

Green hydrogen infrastructure needs to be developed ‘hand in hand’ with renewable energy capacity, according to experts. Much of the heavy lifting of the energy transition will be done through the roll-out of renewable energy – the development of green hydrogen depends on it,” says Hervey-Bathurst. It’s scheduled to go live in 2026.

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Legislative Carrot Feeds US Climate Transition

Chris Hall

A green wave The IRA has set a number of new green investment opportunities into motion, with around US$28 billion in new manufacturing investments already announced by October 2022. One of the “biggest areas of opportunity” lies in solar energy, according to Lazard AM’s Singhal. gigawatts (GW) by 2024.

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Navigating EHS and Sustainability in 2025: What to Expect From the Incoming U.S. Administration

3BL Media

BBC reported : With energy watchdog the International Energy Agency reporting that global investment in clean technology is running at double the size of coal, oil and gas in 2024, the new U.S. administration might not want to drive this type of green investment into other, more eager countries.