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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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Summary of decisions from Durban climate conference

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Countries meeting in Durban, South Africa, managed to deliver an agreement after an extension to negotiations. Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform.

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Study forecasts even with modest warming, global energy demand to increase by mid-century

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A new study published in Nature Communications by researchers from IIASA, Boston University, and the Ca’ Foscari University of Venice found that by mid-century, climate change will increase the demand for energy globally, even with modest warming.

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming.

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Volvo delivers first heavy electric truck to Africa; Volvo FE Electric for refuse collection in Rabat, Morocco

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The customer is the refuse collection company Arma, and this is the first heavy battery-electric truck from a global manufacturer to be in commercial operation in Africa. The company’s global target is that in 2030, 50% of all new trucks it sells will be electric.

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Rheinmetall presents solutions in South Africa for producing, storing and transporting green hydrogen

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At this year’s Africa Aerospace & Defence (AAD) expo at AFB Waterkloof in Centurion, Rheinmetall AG is presenting turnkey, mobile modular solutions for producing, storing and transporting CO 2 -free hydrogen. Byproducts such as oxygen can either be used for their own requirements or sold into the global commodity market.

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UN Review of Recent Climate Research Concludes That Impacts Of Climate Change Coming Faster Than Anticipated

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Significant climate anomalies 2008/2009. Source: Climate Change Compendium. Shifts in the hydrological cycle resulting in the disappearance of regional climates with related losses of ecosystems, species and the spread of drylands northwards and southwards away from the equator. Global emissions were growing by 1.1%