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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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It also calls on the G7 to “ make a collective commitment to double climate finance ” and to lead on ensuring that the rich countries “ deliver on and go beyond ” their commitment to mobilise $100 billion per year by 2020 from public and private sources to support developing countries in tackling climate change.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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On May 25, 1961 President John F Kennedy, in a special joint session of Congress, declared, “I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the moon and returning him safely to the earth.” ” A very clear, time-bound, one nation goal. Source: EIA.

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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The Paris Agreement reflected an unprecedented international determination to act on climate. Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. Electric vehicles need to become the predominant car type in 2050.

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Research Suggests Renewables Could Generate 40% of Global Power by 2050

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Renewable energy technologies could generate 40% of the world’s electricity by 2050, according to research presented at the International Scientific CongressClimate Change: Global Risks, Challenges & Decisions”. More specifically, Germany has more than doubled its share of renewable energy since 2000.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data. —Glen Peters, a Research Director at the CICERO Center for International Climate Research.

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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

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The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New Energy Finance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Climate change projects had always had a stronger appeal to international investors than US investors. by Bill Cooke.

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