In Short : Global clean energy investment reached a record $1.8 trillion, yet COP28 targets remain at risk. Despite the unprecedented funding, further efforts are needed to meet climate goals and accelerate the transition to sustainable energy solutions. In Detail : The climate policies adopted by other countries are currently not on track to fulfil […]
Record $1.8 trillion investment in renewables made in 2023 not enough to meet COP28 goals, says EY report – EQ
In Short : An EY report reveals that a record $1.8 trillion investment in renewables in 2023 is insufficient to meet COP28 goals. Additional funding and accelerated efforts are necessary to address climate targets and transition to sustainable energy. In Detail : A record $1.8 trillion pumped into clean energy in 2023 globally may still […]
India pivotal in COP28, policy catalyst significant in energy transition: Power Secy – EQ
In Short : “India plays a pivotal role in COP28, with policy catalysts significantly driving the energy transition,” states the Power Secretary, highlighting the nation’s leadership in shaping global climate action and advancing sustainable energy policies. In Detail : At the conference, the Power Secretary highlighted the complexity of managing energy transitions, stressing inclusive approaches. […]
EKI Energy Services Ltd. Unveils Insights into Crucial Outcomes of COP28 in Latest Whitepaper – EQ
India : EKI Energy Services Ltd., a leading global carbon credit developer and supplier, has unveiled a comprehensive analysis of the outcomes and pivotal decisions emerging from the recently concluded COP28 in Dubai. The whitepaper, titled ‘COP28 Outcomes: A Comprehensive Review Through the Lens of the Carbon Market,’ explores critical issues discussed during the conference, […]
India’s interests protected: Union Minister welcomes COP28 outcome – EQ
In Short : The Union Minister welcomes the outcome of COP28, emphasizing the protection of India’s interests. This suggests positive developments or agreements at the climate conference that align with India’s goals and priorities, showcasing diplomatic efforts to address climate change while safeguarding national interests. In Detail : “India welcomes the final outcome. We particularly […]
COP28: Multilateral Development Banks Boost Joint Action on Climate and Development – EQ
In Short : At COP28, multilateral development banks intensify collaborative efforts to address climate change and promote sustainable development. This collective action underscores their commitment to implementing strategies that simultaneously combat climate issues and advance broader developmental goals. In Detail : DUBAI, UNITED ARAB EMIRATES : Multilateral development banks (MDBs) today published a joint statement […]
COP28, IRENA and Global Renewables Alliance outline roadmap at Pre-COP on fast-tracking the energy transition by tripling renewable power and doubling energy efficiency by 2030 – EQ
In Short : At the Pre-COP meeting, COP28, IRENA, and the Global Renewables Alliance unveiled a roadmap to accelerate the energy transition. The plan focuses on tripling renewable power and doubling energy efficiency by 2030. This ambitious strategy aims to swiftly reduce global carbon emissions and advance the shift to sustainable energy sources, underscoring the […]
COP28 host UAE pledges to triple renewables – EQ Mag
The oil-rich United Arab Emirates said it would triple renewable energy production as part of a raft of environmental initiatives announced on Monday, months before it hosts UN climate talks. The UAE, one of the world’s biggest exporters of emissions-producing crude oil, also unveiled national strategies on hydrogen and electric cars. Few details were revealed […]
EU, COP28 host UAE pledge to rally support for renewable goals – EQ Mag
The two sides will work to “ensure maximum support on global 2030 targets for the tripling of renewable energy and doubling of energy efficiency,” a statement agreed after a meeting of officials in Brussels said BRUSSELS : The European Commission and the United Arab Emirates’ presidency of this year’s COP28 climate summit pledged on Wednesday […]
Dubai gears up to host global Energy Storage Forum ahead of COP28 – EQ Mag
Dubai is eagerly preparing to host the highly anticipated return of the prestigious Energy Storage Forum this year, strategically organized in anticipation of the 28th meeting of the Conference of the Parties (COP28) scheduled for November. From May 23 to May 25, 2023, the Energy Storage Forum’s 2023 edition will take place at the Sofitel […]
