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
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. C commitment and 7,126 companies have joined the Race to Zero. SOURCE: Antea Group.
Unlike other approaches to monitoring emissions, it plans to attribute emissions to specific sources, whether these be individual factories, ships, power plants or a range of other facilities and all its data will be placed in the public domain. Ultimately, all these impacts from increased transparency will have to be accommodated.
Netzero offers ‘huge economic development opportunity’ for Scotland. A new report suggests immediate action aimed at achieving netzero carbon can still offer a significant economic opportunity for Scotland – and the transport sector is “hugely optimistic” about the country’s prospects of decarbonisation.
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 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.
Sharm El Sheikh sees progress on accountability and transparency of netzero pledges, but many admit need for regulatory intervention. . New mechanisms for keeping private sector climate promises have taken big steps forward at COP27 this week, while major banks provided limited visibility on their path to netzero. .
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. ” The government is also consulting on the design of a £240 million NetZero Hydrogen Fund, which is intended to support the commercial deployment of low-carbon hydrogen production plants.
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.
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. This renewed energy and focus on the energy transition is good news to ensure we continue to move towards the UK’s netzero targets.
Looking at Cooperative Approaches as a Market-Based Path Toward NetZero. DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at three Cooperative Approaches as a market-based path toward netzero in advance of the 2022 United Nations Climate Change Conference (COP27). SOURCE: Tetra Tech.
DESCRIPTION: At the recent COP26 climate talks, countries and companies largely focused on tackling climate change by decarbonizing the energy sector. Netzero cannot be achieved by decarbonizing the energy sector alone,” the World Economic Forum (WEF) concluded in a March 2021 report. Words by Leon Kaye. SOURCE: TriplePundit.
Having the privilege to shape our distribution channel means I am not only confident in technically supporting our partners as they pave the way for their customers, but I am also confident every hardware that gets shipped out will incorporate Circular Design Principles by 2025.
By stimulating a renewables manufacturing and supply chain base across the country, the UK will see regeneration in areas that have lost their intensive industries of the past, such as mining and ship building. By investing in green developments, the UK will clearly be taking a determined step in the right direction.
Reports published by the International Energy Agency (IEA) and the Energy Transitions Commission (ETC) this year also highlight the important role that biofuels must play in reaching net-zero emissions and sustainably scaling the transportation sector.
Restrictions, Brexit regulations, a ship stuck in the Suez Canal, extreme weather events and energy shortages impacted supply chains and prevented firms to meet their demand. Finally, we had the Conference of the parties COP26, where countries and businesses increased their climate ambition. ESG trends in 2022: Net-Zero ambition.
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. Getting to netzero requires a lot of thinking about real strategies.”
Late last year, in the wake of COP26, the U.K.’s Late last year, in the wake of COP26, the U.K.’s Agreeing to work collectively, the pact includes a commitment from each signatory to reduce greenhouse gas emissions to net-zero by 2050 and achieve a 50% reduction by 2030. And they have to do it quickly.
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.
In June 2021, the EU adopted a European Climate Law , establishing the aim of reaching netzero greenhouse gas emissions (GHG) in the EU by 2050. 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.
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. by 2050.
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 extension of ETS will target a 61% reduction in emissions by 2030, partly by expanding to include maritime shipping. Part of the appeal lies in its transparency.
SATURDAY 13 NOVEMBER – This statement is the We Mean Business Coalition response to the Glasgow Climate Pact, agreed at COP26. . An updated draft proposal was released by the COP26 Presidency this morning, on the last official day of the conference. READ THE FULL STATEMENT HERE > FRIDAY 12 NOVEMBER – ANALYSIS: .
The group has been tasked with helping to develop policy recommendations to encourage and enable Paris-aligned public and the private investment since COP26. Ahead of COP29, the taskforce announced it will publicly launch levy proposals for sectors including aviation and shipping in early 2025.
Russia has lost its ‘most favored nation’ status and Russian airplanes and ships are banned in many countries. At the most recent climate talks (COP26) Ukraine announced that it was joining the Powering Past Coal Alliance promising to phase out coal by 2035. We have also seen sanctions against individual Russian oligarchs.
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