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Ecopetrol to proceed with drilling for Caldas geothermal project, Colombia

ThinkGeoEnergy

Colombian state-owned petroleum company Ecopetrol has announced that it will now invest on drilling for the planned geothermal power generation project in Caldas, Colombia. This will require an investment of about COP 98 billion, or close to USD 25 million. USD 167 million).

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After Violent Clashes of 2019, Investors Reassess Chile’s Prospects for Renewable Energy

GreenTechMedia

Chile was forced to give up hosting the COP 25 United Nations Climate Change Conference in December after cost-of-living protests that started in the capital, Santiago, in October spread to other cities. COP 25 was ultimately held in Spain. The protests would “only delay some investments," van den Hurk Mir said.

COP 100
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WWF: Environmental degradation on course to cost global economy £8tr

Business Green

We need urgent, global leadership and immediate action to change the way we use land, to invest in the restoration of nature, to cut emissions and critically to stop destroying forests for food production," said Katie White, executive director of advocacy and campaigns at WWF.

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A deforestation roadmap that leaves a lot to be desired

Business Green

In my eyes, that certainly doesn't merit a big COP announcement. While the palm oil commitment requires zero deforestation in all sourcing regions, soy and cattle mainly focus on South America's Amazon, Cerrado and Chaco regions. It requires investment, farmer outreach, training and so forth.

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We want to deliver a green recovery in partnership with business and finance

Business Green

Because finance and investment are the lifeblood of net zero projects - and we can only meet this challenge together. I know the drive to deliver a return on investment and the search for growth areas in the economy. Giving global investors the confidence to invest. Experience working in the private sector.

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COP26 a washout? Don’t lose hope – here’s why

Renewable Energy World

Since the last climate conference took place in Madrid in 2019, we’ve seen wildfires in Greece, Australia, Canada, and South America, biblical floods in China, the UK, Germany and America, and record-breaking hurricanes, cyclones, and tornadoes across the globe. A betrayal? gap is closed”.

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Reports: Johnson to push for 'Green Marshall Plan' at G7 Summit

Business Green

As such, the UK government is said to be working on plans for a new multibillion-pound green development bank that could both directly fund low carbon infrastructure projects across Asia, Africa, and South America, and underwrite private investment. The voice of vulnerable countries is really important at COPs," he explained.

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