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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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Africa has a wealth of critical battery raw materials and is in a position to use these to attract more value-add in downstream processing and manufacturing. —James Frith, head of energy storage at BNEF. This is three times cheaper than what a similar plant in the US would cost.

Africa 221
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Energy ministers agree to help speed up global deployment of carbon capture and storage

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Energy Ministers from around the world have agreed to proposals to help speed up the global deployment of carbon capture and storage. At a meeting in the United Arab Emirates, Ministers at the Clean Energy Ministerial endorsed recommendations from the Carbon Capture, Use and Storage (CCUS) Action Group chaired by Australia and the UK.

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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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Developing Countries Torpedo Plans for Cutting Carbon Emissions from Ships

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The NGO Transport & Environment (T&E) reports that developing countries, led by China, India, Brazil, South Africa and Saudi Arabia, have blocked what would have been the first global agreement to cut carbon emissions from ships.

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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. access the fund, boosting their efforts to establish their own clean energy futures and adapt to.

Climate 294
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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

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Diplomats were recalled from their hotels to block the move, and Rasmussen instead called a brief adjournment following intervention by UK Energy and Climate Secretary Ed Miliband, as well as Australian and US officials. All agreements would be legally binding, and would be subject to independent verification.

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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” —British Energy Secretary Ed Miliband, summing up the historical significance of COP 15. “ We are not aiming to let anyone off the hook. ” —Danish Prime Minister Lars Løkke Rasmussen, introducing his proposal to forgo efforts to establish a binding climate treaty at the Copenhagen climate summit.

Climate 236