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ESG investments: Exponential potential or surfing one wave? About 77 percent of ESG funds that existed 10 years ago are presently available, whereas only 46 percent of traditional investment vehicles maintain that survivorship. A declining investment rationale for fossil fuels. Mon, 09/21/2020 - 00:30.
When it comes to climate investment funds, diverse management is imperative. Public equity asset managers drive what kinds of companies are valuable and thus have the capital to grow, to what industries retirement savings flow by default and what companies can achieve a scale that affords them outsized political and policy influence.
Sustainable infrastructure investments can aid the post-COVID recovery. The economic fallout caused by the COVID-19 pandemic is forcing governments around the world to come up with policies for stimulating the global economy. On the supply side, when 1 percent of GDP is invested in infrastructure, economic output increases by about 0.4
The EU makes a show of dominance as it battles China for global EV production leadership; Climate policy has created billions of clean energy investments so far in 2024.
An apocalyptic “meh” seemed to greet the government’s bumper package of energy- and climate-related policy announcements and documents released on 30 March, which appeared short on new ideas and sources of funding. A central plank was the policy paper “Powering Up Britain” , which presented plans for tackling energy security and net zero.
A new report from energy consultancy Cornwall Insight has set out a range of regulation and policy changes the government could examine if it wants to avoid a slowdown or stalling of business investment in decarbonisation.
The deposits you make at your retail bank for personal and business accounts sustain the bank’s ability to make loans and investments. Loans and investment fuel growth. Or committed a certain percentage of loans and investments for renewable energy projects. ESG may be all the rage, but what about retail banking? Pull Quote.
Dr Gareth Mottram, ADBA Policy Lead, explained: “Some plants have already closed even before the end of support schemes because the operators could not justify the investment in expensive replacement equipment such as new Combined Heat and Power units or refurbishing digester tanks.
The government of Queensland, Australia, will invest in 48MW/96MWh of distributed battery storage and trial the use of flow batteries to integrate rooftop PV generation into local networks.
Green gas saves money by keeping our lights and heaters on when there is little wind and no sun, economising on much bigger investments in intermittent renewables that are otherwise needed to ensure security of supply. The study projects a 36 billion saving in offshore wind investment (an 18 per cent reduction) and 10.5
Climate tech investments from venture-capital and private equity fell 40% in 2023 as economic uncertainty and geopolitical conflict dent investor confidence, according to PwC’s 2023 State of Climate Tech report, published on 17 October. While that pattern is still true, there is an encouraging shift in the right direction.
The recent interest and commitment to water pledges has diverted scarce resources and funds from actions such as watershed conservation and protection, reuse, technology innovation and adoption, public policy innovation, etc. We do believe the answers exist but not the fortitude to take on big water risks and make the necessary investments.
Hydrogen, which is seen as a versatile energy carrier with broad applications, has drawn substantial investment worldwide as industries seek to meet stringent climate targets. China, and members of the European Union have announced substantial investments to accelerate hydrogen adoption. Nations such as the U.S.,
In a survey of 1,500 Metro Vancouverites that Clean Energy Canada recently undertook with Abacus Data, due for public release this spring, 80 per cent of respondents agree that governments should help make clean technologies more accessible through incentives, such as rebates, zero-interest loans, or investments in public EV charging.
A new partnership may pave the way for more than £400 million to be invested in recycling facilities across the UK. With this investment, we have the ability to make a significant environmental and social impact across the UK.”.
Policy Changes Turn to the Space Sector As many countries went to the polls in 2024, we are already seeing policy and regulatory shifts as new administrations outline their key priorities and budgets. While governments change, one thing remains constant: Space data truly shines when the public and private sectors come together.
Activist investors and public pension funds interested in justice and equity heard that message, and they began demanding companies do more to address systemic racial injustice, even if that means making fundamental changes to the way they make and invest money. It’s not just about diverse hiring [policies].
Samantha McCafferty, director, sustainable investing at Harvard Management Company, discusses the influential asset owner’s Sustainable InvestingPolicy and its broader approach to ESG.
In what many have deemed a disaster, the UK government's latest auction for renewable power—an annual attempt to incentivize private sector investment in a range of power sources—has failed to bring forward any new offshore wind projects.
Major investment and policy intervention are required to prepare grids worldwide for widespread electrification, the analyst firm warns in a new report.
For Shalanda Baker, a professor of law and public policy at Northeastern University, thinking about a clean energy future means thinking about the daily, weekly and sometimes invisible ways that people in deprived communities can control their power supply. Figuring out mechanisms through policy to incentivize that targeting would be great.
It seems like energy policies are constantly making headlines these days. Is it time to end the tax breaks to Canadian fossil fuel companies and invest in renewable energy? Are electric vehicles a good investment? Should Canada "axe the tax?" Should governments put the brakes on solar panels and wind turbines?
energy storage deployments, prices, policies, regulations, and business models. The US Congress passed a solar investment tax credit (ITC) extension and standalone storage ITC as part of the Inflation Reduction Act. Each quarter Wood Mackenzie and the American Clean Power Association (ACP) gather data on U.S.
Since publication of Chouinard's article, enthusiasm for measurement, reporting and ESG investing has grown. More than $25 trillion of global assets are invested "sustainably,” with projections for that number to double in just four years. At the same time, what is billed as an ESG investment is exaggerated. Pull Quote.
Nature-based solutions to climate change are having a moment, and Apple is riding the trend with a $200 million fund dedicated to related investments. . What started as a $10 million investment became the $100 million Right Now Climate Fund. Thu, 04/22/2021 - 00:12.
In the early 2000s, there was a well-publicized boom then bust in clean energy investing. A notable climate tech deal that happened last week was the $250 million investment in Apeel Sciences. Catalytic capital invested today could help create the next Apeel Sciences several years from now.
Its goal is to integrate the financial sector’s attempts at going green, including green business investments, exclusionary policies for certain fossil fuels and the industry’s ESG policies, into one complete strategy. . Wells Fargo has pledged to lend or invest $200 billion to sustainable businesses and projects by 2030.
Last summer, the investment arm of northern Europe’s largest financial services group dropped Brazilian meat giant JBS from its portfolio. The exclusion of JBS is quite dramatic for us because it is from all of our funds, not just the ones labelled ESG," Eric Pedersen, Nordea’s head of responsible investments, told The Guardian. .
A separate score card ranking the banking sector's climate policy commitments concludes that across the board, climate policies are "grossly insufficient" and out of alignment with global climate goals, with not a single bank surveyed racking up more than 94 points out of a total of 200.
The decade-long goal could result in millions of electric vehicles purchased for ride-hailing operations, encourage greater electric vehicle charging deployments and motivate stronger city, state and federal policies that could make EVs more economical. Aggressive policies around the world are helping spur this electric transition.
Amazon has been investing in sustainability for many years. Back in 2014, Amazon started making major investments in renewable energy. How does a company like Amazon with operations worldwide navigate policies in global markets? The Road to Powering Amazon on 100% Renewable Energy by 2025.
Policy can and should help community recycling programs to improve by addressing challenging market conditions, providing substantial funding support and resolving cheap landfill tipping fees that make disposal options significantly less expensive than recycling. Support for local recycling programs with policies and capital.
Now comes “climate risk,” a term that has been kicking around for years — I first wrote about it back in 2013 — but that has risen to a point where major financial and governmental institutions around the world are baking it into their policies and programs. It’s no longer just about “What business is doing to the climate.”
Law firm Carter Jonas conducted the research, analysing the emergence of BNG policies and guidance within local planning authorities (LPAs) in a series of research from spring 2022. However, this figure is set to increase substantially as 17 (5.6%) have such a policy emerging through their local plan review. This is an increase of 33.3%
Climate lobbying" in the report is defined as efforts "to delay, control or block policies to tackle climate change.". health insurers are all invested in the fossil fuel industry" and will call on insurers to divest from these companies, calling them "the greatest threat to human health.". Policy & Politics. Corporate Strategy.
Misguided Policy Recommendations: Reports rely on business jargon and inconsistent definitions of value chain, leading to superficial policy prescriptions that fail to address systemic issues. Unfortunately, circular fashion has absorbed the majority of policy-making attention and resources for research.
It proposes that all new research plans, funding decisions and policy proposals should meet five key principles: Responsible Research. Climate intervention research should not be presented as an alternative to emissions reductions. Researchers should provide a clear, public justification of their activity.
Renewable energy, while clean and sustainable, often incurs higher grid fees because significant investment is needed to integrate it into traditional grids developed for fossil fuels. For example, the Clean Energy Wire notes that policies in Germany are addressing grid fee inequities. The takeaway?
Businesses across Europe are facing mounting pressure to invest in more eco-friendly practices, but high upfront costs and operational challenges stand in the way. While these policies present challenges, they also offer a huge opportunity for firms to invest in green technology.
Investment in low carbon technologies – electric vehicles, heat pumps, and renewables – needs to come now for this target to be achievable. Businesses will start to invest when they have confidence in what the Government’s long term policy plans are.
Governments also should consider that local and indigenous communities often have ample understanding of nature’s value for people, and should seek out and include this knowledge in plans and policies. Encourage investment in nature-based solutions. Mexico’s approach to water management highlights how one way this can be achieved.
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