In Short – Brookfield Asset Management is targeting $5 billion for a UAE-backed climate fund. This fund aims to invest in renewable energy projects and other sustainable initiatives globally, supporting the transition to a low-carbon economy. The collaboration underscores the growing commitment to addressing climate change through substantial financial investments in green technologies and infrastructure. […]
ADB operations reach $23.6 billion in 2023, achieve record climate finance of $9.8 billion – EQ
In Short – In 2023, ADB’s operations soared to $23.6 billion, marking a significant milestone. Notably, the institution achieved a record climate finance of $9.8 billion, underscoring its commitment to addressing climate change. These investments reflect ADB’s proactive approach towards sustainable development, supporting projects that promote environmental resilience and low-carbon growth across the Asia-Pacific region. […]
Tonga Handover Main Mooring Dolphin as Part of Climate-Resilient -EQ pgrades to International Port -EQ
Tonga Handover Main Mooring Dolphin as Part of Climate-Resilient Upgrades to International Port In Short- Tonga mark a significant milestone by handing over the main mooring dolphin as part of climate-resilient upgrades to the international port, emphasizing collaborative efforts for enhanced infrastructure resilience in the face of climate change. In Detail -The Government of Tonga […]
Bumper green aluminium output is good news for carmakers, and climate – EQ Mag
Aluminium makers are set to boost low-carbon metal output by 10 per cent in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking climate-friendly supplies and shrinking the industry’s hefty carbon footprint. Aluminium is the most energy-intensive metal to produce, accounting for about 1.1 billion tonnes of […]
Policy, climate, war make 2022 ‘pivot year’ for clean energy – EQ Mag
BENGALURU, India : For renewable energy companies in India, it’s a good time to be in business. One of India’s largest renewable energy firms, Renew Power, will be among the corporations big and small hoping for a piece of a $2.6 billion government scheme that encourages the domestic manufacturing of components required to produce solar […]
Where Do We Stand on COP26 Climate Promises? A Progress Report
Leaders left the climate summit in Glasgow (COP26) in November 2021 riding high on a wave of new commitments from governments, businesses and others to tackle the climate crisis. This included pledges to set new national emission-reductions targets, double adaptation finance, curb methane emissions, halt forest loss, accelerate the phase-out of coal, and end international […]
ACORE Applauds President Biden’s Executive Actions on Climate, Urges Legislative Action – EQ Mag Pro
Statement From Jose Zayas, Executive Vice President of Policy and Programs at the American Council on Renewable Energy (ACORE): “We agree with the President’s remarks that climate change is a clear and present danger. Today’s executive actions are a meaningful step toward addressing the climate emergency, but truly tackling the worst impacts of climate change […]
Delhi: How ride-hailing startups with electric vehicle-only fleet are ushering in change for climate – EQ Mag Pro
NEW DELHI: Two months ago, the AAP government issued a draft policy making Delhi the first state in the country to adopt a policy to regulate vehicular emissions from app-based cab aggregators. The draft policy mandated that aggregators would need to ensure that 10% of all newly onboarded two-wheelers and 5% of four-wheelers were electric […]
EVERSOURCE CLOSES INDIA’S LARGEST CLIMATE IMPACT FUND AT US$ 741 MILLION – EQ Mag Pro
Mumbai: EverSource Capital (EverSource) has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at US$ 741 million, making GGEF one of the largest single-country funds focused on Climate change, Mitigation and Adaptation in the emerging markets. EverSource is investing to combat climate change by focusing on the […]
Germany faces ”gigantic” task meeting energy, climate goals – EQ Mag Pro
Germany’s new climate minister said Tuesday that the country faces a “gigantic” task if it wants to achieve its goals for reducing greenhouse gas emissions while ensuring sufficient energy for its energy-hungry industry. Robert Habeck, a member of the environmentalist Greens, told reporters in Berlin that Germany is on track to halve its emissions by […]