CCA Signatories commit to support the crypto industry’s transition to net zero greenhouse gas emissions by 2040, and achieving net-zero emissions from electricity consumption by 2030 WARWICK, NY : Ozop Energy Solutions (OZSC), (“Ozop” or the “Company”), has announced it has become an early signatory of the international Crypto Climate Accord, a private-sector led initiative […]
Climate Change
Ikea Foundation, Rockefeller Foundation to Set Up USD 1 Bn Global Platform to Fight Climate Change
The Ikea Foundation and The Rockefeller Foundation on Monday said they will join forces to set up a USD 1 billion global platform to fight climate change and energy poverty. New Delhi : The Ikea Foundation and The Rockefeller Foundation on Monday said they will join forces to set up a USD 1 billion global […]
Proposed Global UN Roadmap Shows Universal Access to Clean Energy by 2030
Everyone in the world could have access to clean, affordable energy within the next nine years if countries modestly increase investments, according to new UN reports. It was released, in advance of a major ministerial meeting on June 21-25 where countries and businesses will begin to announce energy plans for the decade. Annual investments of […]
Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals
Equinor will increase the share of investment it dedicates to renewable energy and so-called low-carbon solutions as it seeks to broaden its business, the Norwegian oil and gas producer said in a strategy update on Tuesday. The company will increase its dividends and introduced a new share buyback initiative, it said. Equinor will increase the […]
World ‘Way Off Track’ On Climate: UK Business Lobby
Britain, which hosted the weekend G7 leaders’ summit, will also anchor the COP26 UN climate gathering in Glasgow in November. World efforts to tackle climate change are “way off track”, the head of Britain’s main business lobby group said Monday after a G7 pledge to step up action. Tony Danker, director-general of the Confederation of […]
With Trump gone, NATO wages war on climate change threat
Trump called climate change a “hoax” and pulled the United States out of the international Paris Agreement to fight climate change If the U.S. military were a nation state, it would be the world’s 47th largest emitter of planet-warming greenhouse gases, a 2019 study found. Though the British universities of Lancaster and Durham took account […]
STATEMENT: G7 Leaders Agree to Enhance Climate Action But Leave Developing Countries Without Adequate Climate Finance
WASHINGTON : G7 leaders met in the U.K. over the weekend, where they discussed a broad agenda including next steps for climate action. Together, they agreed to reach net zero emissions no later than 2050 and to halve their collective emissions by 2030. These and other commitments were noted in a new Communique. There were […]
Finance Risks Falling Behind In a Greening World
The effects of climate change are all around us. Last year was the hottest on record; the last decade, the hottest ever recorded. Almost a decade and a half after the global financial crisis, experts warn that the effects — from rising sea levels, flooding, droughts and wildfires — could make financial crises more than […]
Keventer Agro Offsets 3,300+ Metric Tons of Carbon Emission From its Manufacturing Facility’s Rooftop Solar Plant
Kolkata : Keventer Agro Ltd, one of the fastest-growing food companies in Eastern India announced today that it has offset more than 3,300 metric tons of greenhouse gas emissions from its Barasat manufacturing facility’s rooftop solar plant since its commissioning in September 2019. This translates into an average monthly offset of 165 metric tons which […]
IndusInd Bank Plans to Raise Climate Financing to 3.5% in Two Years
Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and raise climate financing to 3.5 per cent in two years. Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and raise climate financing […]