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Tan Su Shan, Group Head of Institutional Banking at DBS, said: “Accelerating net zero for supplychains requires the rapid scaling of low-carbon technologies and new, innovative financing models to drive adoption. For us, sustainability investments are not only a responsible approach but a strategic necessity for future success.”
At the co-hosted “Chatting Climate & Consumer Goods” event held in New York City’s Garment District, speakers and attendees delivered deep supplychain decarbonization insights, building on presentations at the Cascale Annual Meeting and Worldly Customer Forum in Munich earlier this month.
Pangaea Ventures invests in hard tech companies leveraging materials science, chemistry, biology, and physics to develop breakthrough solutions that address climate change, food and water security, poor health outcomes, the high costs of healthcare, antiquated infrastructure, broken supplychains, and hazardous environments.
She described the UK National Infrastructure Bank as “a really good initiative” in this respect, and said this kind of investment could pave the way, providing the proof of concept that would later secure the participation of private investors. Problems and solutions.
billion between 2025-30 in strategic manufacturing through the Green Industries Growth Accelerator. A “fuller response” to the IRA and NZIA would have ensured the UK went beyond building net zero infrastructure, maximising benefits from the supplychains of such infrastructure, “both economically and socially”, Serin told ESG Investor.
Delaying the transition to clean solutions, will mean losing competitiveness vis a vis countries like China that will reap the benefits of their leadership in the development of clean energy supplychains (from extraction of critical materials and manufacturing, to combining clean solutions like renewables, electric vehicles and battery storage).
A green wave The IRA has set a number of new greeninvestment opportunities into motion, with around US$28 billion in new manufacturinginvestments 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.
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 greeninvestment into other, more eager countries.
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