This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. Faïg Abbasov, head of shipping at campaign group Transport & Environment, told BusinessGreen the proposal was "essentially an empty shell." "To Cecilia Keating. To achieve 1.5
The COP26 summit was much more than headline negotiations between global leaders. Among calls for action from global leaders at COP26, this was an opportunity to network, share ideas, listen to fresh perspectives, and reach a new audience through global media coverage. Cisco technology underpinned the entire COP26 experience.
Global commodities trading company Trafigura announced today a new commitment to purchase at least 50,000 tons of carbon dioxide removal credits by the end of 2030, joining an initiative aimed at supporting the development of the CO2 removal market and solutions.
The shipping industry’s green transition will be stuck in the slow lane without incentives and rules to drive more private investment to diverse innovations, COP28 heard yesterday. Governments also announced plans to collaborate on green shipping corridors, including Singapore and Australia , the US and UK , and Portugal and Brazil.
DESCRIPTION: As we look back to Earth Day 2022, and cap a month of focus on our planet, I am reminded of the COP26 collaboration ambitions and the clear message that industry has a critical, active role to play in in advancing action on climate change. by Chris Johnson. SOURCE: Nokia. He is a passionate champion of Industry 4.0
It’s an industry you can’t put on the internet; we will need shipping in the years to come, which means we have to ensure it is sustainable in the long term,” says Stephen Fewster, Global Head of Shipping Finance at Amsterdam-headquartered ING Bank. . Hydrogen has very low density, making it difficult to store on large ships.
The utility solar industry is facing one of its toughest challenges just days ahead of COP26," Rystad Energy senior renewables analyst David Dixon said. A 300% increase in the cost of polysilicon is driving the module cost surge, while the costs of raw materials have also rapidly increased since the beginning of last year.
The UK is backing an “absolute zero” target for international shipping emissions by 2050, as an announcement from Transport Secretary Grant Shapps set out on 13 September. We can play a leading role in driving change globally and this starts at London International Shipping Week.”
What we and other like-minded companies are trying to do is develop and scale up transformational technologies to decarbonize sometimes ancient industrial processes.” Jonas Otterheim, Head of Climate Action, at Volvo Cars, said: “We have previously used the COP summits to push collective climate action and COP28 will be no different.
FMC was launched at the COP26 climate conference, creating a coalition of companies committed to creating early markets for clean technologies addressing hard-to-abate sectors. Trafigura launched the commitment at last year’s WEF meeting, pledging to purchase at least 50,000 tons of carbon dioxide removal credits by the end of 2030.
DESCRIPTION: Last year marked a global shift in corporations adopting low-carbon and net-zero pledges as experts at the United Nations Climate Change Conference , COP26, declared that the climate crisis is at a critical inflection point. Maersk Industry: Shipping Headquarters: Denmark. SOURCE: Antea Group.
Net zero offers ‘huge economic development opportunity’ for Scotland. Transport is the highest emitting sector in Scotland, at 37 per cent of total emissions, when including aviation and shipping. But significant investment and urgent action is required. Interconnectivity between different modes of transport is critical.
Agency for International Development Energy Security Project, which assists the government of Ukraine in gas market reform and modernization. Clean hydrogen markets are developing fastest where governments have set out a clear vision and followed up with supportive policies and funding mechanisms. SOURCE: Tetra Tech.
Here is one of our favorites: Stop feeling overwhelmed by the global effort to reduce CO2 emissions, says Nigel Topping, the High Level Climate Action Champion for the UN’s climate change conference COP26. The UN’s COP26 has developed toolkits for every sector of the global economy and published a roadmap of shared pathways.
They also will need new business models that support CO 2 reductions, such as the Cooperative Approaches defined at the 2021 United Nations Climate Change Conference (COP26) in Article 6, paragraph 2 of the Paris Agreement. Model 1—Joint Crediting Mechanism. Model 2—Utility-Transportation Partnerships.
The UK government has today (Tuesday 17 August) unveiled its long-awaited strategy for developing a hydrogen energy economy. It comes at a time when there is high scrutiny of the country’s climate policies in the countdown to COP26 in Glasgow in November. New York announces initiatives to explore green hydrogen for decarbonization. .”
With this in mind, and ahead the International Maritime Organization’s (IMO) 80th Marine Environment Protection Committee (MEPC 80), industry association SEA-LNG is calling on the IMO to regulate all greenhouse gas (GHG) emissions from shipping, including carbon dioxide, methane, and nitrous oxide on a full lifecycle, Well-to-Wake, basis.
Moreover, the package comes at a crucial time with a few months to go before the world heads into a new round of climate diplomacy at COP26 in Glasgow. One of the key points of debate at COP26 will revolve around the role of carbon removal by natural sinks in the calculation of ‘net’ carbon emissions. tCO₂ per capita in 2000 to 1.81
The budget announcement included the unveiling of a £20 million programme designed to support the development of floating offshore wind technology across the UK. By investing in green developments, the UK will clearly be taking a determined step in the right direction.
In the aftermath of BREXIT and in view of COP26 in Glasgow in November 2021, the UK has been focussing on decarbonisation in relation to its infrastructure and power offerings. It is also key to develop and improve sustainable policies in relation to forest maintenance and wood pellet supply chains.
Frances Way, Executive Director of the Climate Champions team for COP26, discussed the challenges and opportunities involved in this commitment with a panel of member company CEOs. “At In his Fireside Chat, Vincent Clerc, whose purview includes Maersk’s 750 cargo ships, offered an appropriately nautical metaphor for the current moment.
DESCRIPTION: At the recent COP26 climate talks, countries and companies largely focused on tackling climate change by decarbonizing the energy sector. Words by Leon Kaye. SOURCE: TriplePundit. We’re extracting from natural resources, but also very much from the human beings in our global community.”.
Thus, the Sustainable Development Solutions Network (SDSN) and Fondazione Eni Enrico Mattei (FEEM) joined forces to create the Roadmap to 2050: The Land-Water-Energy Nexus of Biofuels , launched alongside the Zero Emissions Solutions Conference (ZESC) in November of 2021. To learn more, please access the full report here.
Extension of explicit carbon pricing has been high on the agenda of asset owners for some time and was a key focus of investor expectations ahead of COP26. The EU is reforming its existing ETS, developing a new one for industries not covered and increasing its geographic reach through the CBAM, scheduled to be phased in from 2023.
Read live updates from on the ground in Glasgow, including the latest business announcements, policy breakthroughs and other key developments. . SATURDAY 13 NOVEMBER – This statement is the We Mean Business Coalition response to the Glasgow Climate Pact, agreed at COP26. . THURSDAY 11 NOVEMBER – STATEMENT: .
The High-Level Expert Group on the Net Zero Emissions Commitments was announced by UN Secretary General Antonio Guterres at COP26 to scrutinise net zero promises by private sector actors. It added that additional sectoral decarbonisation targets would be developed over the next 18 months. A make-or-break moment” .
The creator of what’s claimed to be world’s first liquid hydrogen bunkering facility for fuelling zero-emission ships has won a UK Government grant to develop a unit ready for rapid deployment to ports around the world. The Leicestershire-based clean-tech company unveiled the unit at COP26 in Glasgow last November.
The global stampede to develop clean energy sources has prompted a demand for ammonia analysers from the developers of engines that will be capable of using ammonia as a fuel. In response, Signal Group has developed a new ammonia analyser, the S4 Nebula, which employs tunable diode laser spectrometry (TDLS). Background.
A global coalition fronted by former Vice President Al Gore promises granular insights and data into those sources — down to individual power plants, ships or factories. What positive developments do you see happening where they could really make a difference? Where did they originate? How can we be sure?
After successful events at COP22 , COP23 , COP24 , and COP25 , this year, SDSN virtually hosted the Zero Emissions Solutions Conference (ZESC) , formerly the “Low-Emissions Solutions Conference,” on the sidelines of COP26 from November 1-5, 2021.
The world fought back against the pandemic, and in just one year, developed four vaccines and immunized half of the world’s population. Despite poor coverage in developing countries (6%) and new variants bringing back lockdowns, we hope to go back soon to a new normality. 2021 Sustainability Summary.
The United Kingdom had hit a turbulent economic patch, and despite years of telling the world that it was in the green transition that jobs, growth and opportunities were to be found (a claim borne out since by experience), Cameron had abandoned ship at the first bump. At the COP26 climate summit, hosted by the U.K.
The utility solar industry is facing one of its toughest challenges just days ahead of COP26," Rystad Energy senior renewables analyst David Dixon said. A 300% increase in the cost of polysilicon is driving the module cost surge, while the costs of raw materials have also rapidly increased since the beginning of last year.
Russia has lost its ‘most favored nation’ status and Russian airplanes and ships are banned in many countries. AmeetThakkar , energy transition and infrastructure analyst at BMO said rising oil prices may prove to be a catalyst that accelerates the development of renewable energy. Ukraine delivered more than promises.
Private finance ambition needs to match government commitments to developing nations, according to high-level expert group. The group has been tasked with helping to develop policy recommendations to encourage and enable Paris-aligned public and the private investment since COP26.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content