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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. —Luiza Demôro, project manager for BloombergNEF.

Coal 243
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Energy ministers agree to help speed up global deployment of carbon capture and storage

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The following governments agreed to continue or initiate action in support of one or more of these recommendations by the next Clean Energy Ministerial: Australia, Canada, France, Germany, Japan, Mexico, Norway, Republic of Korea, South Africa, the United Arab Emirates, the United States and the United Kingdom.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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We will have our Energy and Finance Ministers, based on their national circumstances, develop implementation strategies and timeframes, and report back to Leaders at the next Summit. We ask the international financial institutions to offer support to countries in this process.

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Anglo American Platinum invests in Hydrogenious Technologies; liquid organic hydrogen carrier technology for H2 storage

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South Africa-based Anglo American Platinum , the world’s leading primary producer of platinum group metals (PGMs), has invested in the first close of the Series A financing round of Hydrogenious Technologies, a company developing liquid organic hydrogen carrier (LOHC) hydrogen storage technology. Click to enlarge. 2012.08.066.

Hydrogen 239
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

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Developed countries would reach agreement with emerging economies such as Brazil, China, and India as to whether or not emerging economies should set emissions reduction targets. Financing of adaptive measures would be prioritized for the most vulnerable countries, such as small island states and sub-Saharan African nations.

Climate 236
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236