Thursday 8 February 2024

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EU unveils recommendations for 2040 climate target

The European Union unveils its ambitious climate agenda, but decisive actions are needed to make it a success.

World needs to step up on AI and climate crisis, says...

Speaking at the WEF’s annual meeting in Davos, UN chief António Guterres calls for better governance and oversight on AI and effective action on climate change.

Aon: Natural disaster economic damage reaches €194bn in six months

New Aon report shows record number of large scale disasters in first half of 2023, with Turkey and Syria Earthquakes presenting big lessons. 

Canada set for world’s largest offshore carbon capture project

Direct Ocean Capture pilot facility planned for Quebec to capitalise on high carbon density of oceans compared to air. 

Iberdrola green bond raises €850m for investment

Demand exceeded €2bn, revealing high investor demand for sustainable finance options as Iberdrola sees first energy from French offshore wind. 

Africa50 and International Solar Alliance agree partnership

New agreement will see policy support, an investment fund created and a start-up platform to identify innovative new projects.

Mott MacDonald supporting Bangladesh to improve access to climate finance

Project will enable Bangladesh to access and deliver long-term funding to implement its national climate plans.

World’s largest MDBs agree rules of alignment with Paris Climate Agreement

Ten of the world's largest multilateral development banks agree compliance rules for financing projects within the Paris Climate Agreement.

IDB loans $400m for green hydrogen projects in Chile

Inter-American Development Bank (IDB) approves loan to support the development of the green hydrogen industry and its derivatives in Chile.

EIB backs 103MW of windfarms in Austria

The European Investment Bank grants €110m loan to energy utility EVN AG for the deployment of 103MW of renewable energy.
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