News Category: Environment

An international group of leading steel manufacturers today announced the formation of a coalition to urge the United States and European Union to adopt a global emission standard that incentivizes steelmakers to use the cleanest steel production process available. The new coalition – the Global Steel Climate Council (GSCC) – supports a global standard that … Continued

A new report from the Global Maritime Forum [ https://www.globalmaritimeforum.org/ ], prepared on behalf of the Getting to Zero Coalition, assesses progress towards the development of Green Shipping Corridors – maritime routes between major port hubs where zero-emission solutions are supported and demonstrated – and finds that activity during 2022 exceeded expectations. However as maritime … Continued

Climate Connect Digital (CCD) [https://climateconnect.digital/] has released a white paper quantifying the permanence risk posed by increasingly intense forest fires across the Indian subcontinent. This will potentially have a significant impact on nature-based carbon projects, and the voluntary carbon markets. To read more download the full white paper here [https://drive.google.com/file/d/1IJkcNgP-rDoJAvDuLyYh3kd6yChzAGTT/view] Sharm-El Sheikh, Egypt (November 16, … Continued

— Philanthropic commitment seeks to support a clean energy future for people and countries on the frontlines of climate change A coalition of leading climate philanthropies today announced an investment of $500 million over the next three years to accelerate a just and equitable energy transition in low and middle income countries, while boosting sustainable … Continued

Amid growing stakeholder expectations for businesses to have more social impact, a new Geneva Association report, The Role of Insurance in Promoting Social Sustainability, highlights insurance’s abundant, inherent social benefit in providing financial stability and peace of mind to people and businesses. The Geneva Association estimates that insurers contribute USD 5–5.5 trillion per year to … Continued

As global leaders gather this week in Sharm El Sheikh for COP27, developing countries renew their calls for creating sustainable development pathways to advance urgent climate action. To catalyse urgent action, the NDC Partnership has today launched its Thematic Call to support developing country members through two interconnected fronts: preparing, updating and refining Long-term Low … Continued

— Reduce reliance on imported feed, in line with the Kingdom’s self-sufficiency and food-security goals under the Vision 2030 agenda, and the Ministry of Environment, Water and Agriculture’s patronage — Encourage innovative and environmentally friendly technological solutions to enable the local production and use of renewable and sustainable sources of feed in alignment with the … Continued

A solution to evaluate global coal fleets for conversion to emissions-free sources TerraPraxis is making available for the first time on Nov. 7 its new EVALUATE application, which enables coal plant owners and investors around the world to evaluate hundreds of coal plants for fast, low-cost, and repeatable conversion to emissions-free power generation sources. The … Continued