Remove 2030 Remove Africa Remove COP Remove Methane
article thumbnail

? Good COP, Bad COP

Climate Tech VC

  Maybe it was the offer of warm sun in December, but this year’s COP drew 100K attendees, almost double the size of COP15 in Paris. Climate tech played its biggest role ever at COP this year. The oil & gas COP. This was the COP of the climate and O&G juxtaposition. The greenwashing was unavoidable.

COP 69
article thumbnail

'COP of action': COP28 President calls for tripling of renewables capacity by 2030

Business Green

COP28 Climate Summit President Sultan Ahmed al Jaber has called for a tripling of clean energy generation by 2030 and a doubling of low-carbon hydrogen capacity by 2030, as he used his first address since being appointed to lead this year's global climate talks to promise a "COP of action". target within reach. "We

COP 36
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

The first few days of COP have ushered in a wave of major announcements and funding pledges. Countries and companies have also kicked off pledges to triple investments in renewables and nuclear, drive down methane emissions, and commit loss and damage funds. . billion needed to reach its $250 billion goal by 2030.

article thumbnail

'Cautious optimism': Hopes remain high for 1.5C focus as COP26 talks spill into weekend

Business Green

The findings further fuelled the cautiously optimistic mood that has built up during the first week of talks at COP26, which has seen a raft of new net zero pledges from emerging economies and a series of global deals to increase flows of climate finance, better protect forests, accelerate clean tech deployment, and curb methane emissions.

COP 67
article thumbnail

'Climate action is finally coming home on African soil': COP27 closes with historic deal on climate Loss and Damage

Business Green

Mohamed Adow, director of think tank Power Shift Africa said the achievement came after three decades of appeals for help from climate impacted nations. "To Keep your eye on 2030. Earlier in the Summit an independent analysis had warned that based on current national emissions targets for 2030 the world was still on track for 2.4C

Soil 48
article thumbnail

Glasgow Climate Pact: Green economy reacts to final COP26 agreement

Business Green

I also want particularly to thank COP President Alok Sharma who has worked incredibly hard to bring countries together. Despite the Covid-19 crisis, we have accelerated action, the COP has responded to the IPCC's call to close the gap towards 1.5, Greenwashing is the new climate denial, and we have seen too much at play in this COP.

article thumbnail

COP27: 10 things businesses have learnt from the Sharm El Sheikh Summit

Business Green

Like the World Cup that kicked off within hours of the gavel coming down in Sharm El Sheikh, COPs provide a regular temperature check for global geopolitics. Those frustrations were further amplified by the Egyptian Presidency's management of the talks, which saw the timetable slip badly, even by COP standards.