Remove Africa Remove Carbon Remove COP Remove Government
article thumbnail

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

Business Green

COP28 President hints at UAE's priorities for Summit in maiden speech, as core principles for controversial plan to use voluntary carbon markets to bankroll energy transition are unveiled. We are determined to make COP28 a COP for all, and a COP of action.". target within reach. "We

COP 36
article thumbnail

G7 nations pledge to deliver near-zero carbon electricity grids by 2035

Business Green

The document sets out G7 countries' ambition to deliver near-zero carbon electricity grids by 2035, citing the need to respond to climate scientists' calls for a drastic reduction in fossil fuel demand so as to stabilise global temperatures. And in his speech today, Sharma said he hoped more detailed would be revealed over the coming months.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Voluntary carbon markets can boost sustainable development in host countries, report argues

Business Green

VCM Global Dialogue publishes its conclusions on how to shape the voluntary carbon market from the perspective of developing countries. Today's report stresses that voluntary carbon markets must complement, rather than replace, corporate and governmental efforts to slash absolute emissions.

Carbon 50
article thumbnail

1.5TW of additional transmission needed for net zero by 2040

Smart Energy International

The study utilising this new planning tool from climate analytics non-profit TransitionZero envisions massive expansions of zero carbon generation and transmission across the world, with the grids acting as global clusters and corridors of trade. Rather in sub-Saharan Africa a balance of interconnectors and mini grids is needed.

Africa 59
article thumbnail

UK has passed on the COP baton, but it still has a responsibility to lead on climate

Business Green

Over the next two years, governments must determine what money will flow into what kind of compensation fund, managed by who, and with which beneficiaries. COP27's treatment of carbon markets was messy, and greenwashing crept back into the negotiations on Article 6 compliance markets. So, where do we go from here?

COP 41
article thumbnail

COP26 President Alok Sharma: 'Our choices will make or break the zero-carbon economy'

Business Green

Building on the foundations of past conferences, especially Paris, to create a zero-carbon economy which will benefit our children and grandchildren. ??. In this year, the Year of Climate Action, it will be the top international priority for this government.?? In Glasgow, the world must ramp up momentum towards a zero-carbon economy.

Carbon 84
article thumbnail

Ambitious partnerships on climate action are taking root and bearing fruit

GreenBiz

Unfortunately, as the economic effects of COVID-19 cause government debts to rise sharply, there is now much less public money available for activities like climate protection or ecosystem restoration — this should sharpen our appetite for innovation. How then to make the shift to a net-zero, nature-positive economy within the decade?

Plastics 400