At the opening of the two-day Climate Implementation Summit at COP27 in Sharm el-Sheikh, Egypt, António Guterres called for a historic pact between developed and developing countries to combine capacities, and pivot the world towards reducing carbon emissions, transforming energy systems and avoiding a climate catastrophe. “Humanity has a choice: cooperate or perish. It is … Read More “UN warns to cooperate or perish a climate solidarity pact or a collective suicide” »
This year Egyptian COP Presidency delivers the first ever youth-led #ClimateForum, a Young and Future Generations Day co-created and hosting a Youth pavilion owned entirely by young people. “The hosting of COP27 in the green city of Sharm El-Sheikh this year marks the 30th anniversary of the adoption of the United Nations Framework Convention on … Read More “Egypt: COP 27 delivers the first ever youth led climate forum” »
European Commission is launching the third call for large-scale projects under the EU Innovation Fund. With a budget doubled to €3 billion thanks to increased revenue from the auctioning of EU Emissions Trading System (ETS) allowances, this 2022 call for large-scale projects will boost the deployment of industrial solutions to decarbonise Europe. With a special focus on the … Read More “European Commission to invests €3 billion in innovative clean tech” »
DRC-Grand Inga dam: Powering Africa’s industrial revolution As part of improving regional infrastructure works, DRC President Tshisekedi is looking to improve its power output through its Grand Inga Dam project. DRC plans to build the Grand Inga Dam, which, when complete, would be the world’s largest hydropower project. With the capacity of producing 88,000 plus … Read More “DR Congo can become the heart of the world’s clean energy production” »
Walmart is the world’s largest company by revenue, with about US$570 billion in annual revenue, is planning to get 100% green. Walmart Inc. has announced $2 billion green bond offering to fund projects to advance Walmart’s sustainability goals. “The closing of our first-ever green bond offering directs capital toward projects that will advance our environmental … Read More “World’s largest company is achieving 100 percent renewable energy and zero emissions” »
India is the third-largest power producer in the world. However, the demand for power in India far outweighs the supply which leads to substantial power outages. Over 280 million people in India have no access to electricity. With the Government of India advancing its plans to reduce the power shortage. Indian Prime Minister Narendra Modi … Read More “India has enormous green energy potential as 280 million people have no access to electricity” »
Chinese and Nigerian companies have completed the construction of Lekki Deep-Sea Port , one of world’s most modern deep-sea ports. Lekki Deep Sea Port by the Nigerian Ports Authority ; LPLEL is a joint venture enterprise owned by a group of investors led by the Lekki Port Investment Holdings Inc (comprising China Harbour Engineering Company … Read More “Nigeria completed one of the world’s most modern deep-sea ports” »
The world leaders called for tangible climate action, climate change is affecting every country on every continent. It is disrupting national economies and affecting lives. Weather patterns are changing, sea levels are rising, and weather events are becoming more extreme. The climate change is one of the most alarming issues threatening the life of the … Read More “World’s 10 most inspiring people taking urgent action to combat climate change” »
Indian Prime Minister Narendra Modi has announced more ambitious targets for 2030, installing 500 gigawatts of renewable energy capacity, reducing the emissions intensity of its economy by 45%, and reducing a billion tonnes of CO2. India: Ambani and Adani to invest $147 billion in green projects. The clean energy transition in India is already well … Read More “The clean energy transition in India is moving at full speed” »
The European Green Deal set the blueprint for this transformational change. All 27 EU Member States committed to turning the EU into the first climate neutral continent by 2050. To get there, they pledged to reduce emissions by at least 55% by 2030, compared to 1990 levels. This will create new opportunities for innovation and investment and … Read More “European green deal set 40 percent renewable energy target for 2030” »