bneGREEN: Energy efficiency investment turns the corner in 2022, but more is needed

Richard Lockhart in Edinburgh December 2, 2022

Global investment in energy efficiency could rise by 16% to $560bn in 2022, the International Energy Agency said, as governments and consumers respond to fuel supply disruptions and record-high energy prices.

bneGREEN: EU energy ministers agree to speed up permitting and deployment of renewables temporarily

Roberta Harrington in London November 29, 2022

A final decision – formal approval – on the new regulation may occur at another emergency meeting on December 13.

bneGREEN: ING: Euro sustainable bond supply set to stagnate in 2023

Nadège Tillier is Head of Corporates Sector Strategy at ING, Maureen Schuller is head of financials sector strategy at ING, Benjamin Schroeder is a Senior Rates Strategist at ING November 23, 2022

Euro sustainable bond issuance in 2023 is not likely to repeat the growth rates seen in the last few years. While governments and agencies could slightly accelerate ESG issuance in 2023, financial institutions' ESG bond supply will lose some steam.

Bulgarian PV equipment company AmonRa Energy to hold IPO

bne IntelliNews November 21, 2022

AmonRa wants to raise funds to finance its expansion in Romania and in other Southeast European countries.

bneGREEN: Climate paralysis at COP27 as no progress made on 1.5 degrees

Richard Lockhart in Edinburgh November 21, 2022

COP finished two days late on November 20 without any new agreements on climate change targets or emissions reductions, although a deal was hammered out to set up an as yet uncosted loss and damage fund.

bneGREEN: COP27: Coal proves a stubborn foe in fight to save climate

Richard Lockhart in Edinburgh November 20, 2022

Reducing coal consumption is the central challenge to achieving the world’s climate targets, Fatih Birol, executive director of the International Energy Agency, told COP27.

bneGREEN: COP27 warns business cannot be trusted to police greenwashing

Richard Lockhart in Edinburgh November 18, 2022

The UN has identified greenwashing by business and finance as the biggest danger facing the race to net zero, urging them to avoid a toxic cover-up and to ensure that any climate pledges they keep are in line with the 1.5-degree targets.

bneGREEN: Uberwealthy are the worst climate criminals

Richard Lockhart in Edinburgh November 12, 2022

The investments of the world’s 125 wealthiest people produce the same amount of CO2 as the whole of France, while each of them emits a million times more greenhouse gases than the average person.

bneGREEN: Scientists conclude ‘Third Pole’ permafrost thaw threatens Tajiks, Kyrgyz living on plateau

Aida Kadyrzhanova in Almaty November 12, 2022

Research indicates that a fifth of buildings plus 40% of railways and roads on endangered parts of Himalayan Qinhai-Tibet Plateau are in trouble, driven by climate change.

bneGREEN: REPowerEU rules still leave loopholes for gas investment

Richard Lockhart in Edinburgh November 11, 2022

The European Parliament has approved temporary emergency regulations to accelerate the deployment of renewable energy across the EU, but gas investment is still allowed

bneGREEN: Gas has potential to derail COP27’s green ambitions

Richard Lockhart in Edinburgh November 11, 2022

Emissions from future LNG projects and could use up 10% of the remaining global carbon budget for 1.5˚C warming by 2050.

Slovenia to quit Energy Charter Treaty as it pursues green transition

bne IntelliNews November 10, 2022

Ljubljana says "outdated" treaty impedes its climate goals as it follows several fellow EU members in announcing decision to quit.

EU taps Kazakhstan for rare earths, green hydrogen

Joanna Lillis for Eurasianet November 10, 2022

Kazakhstan is itching to get its lithium out of the ground.

bneGREEN: No fairness but some hope at COP27

Richard Lockhart in Edinburgh November 5, 2022

COP26 has not delivered so far on the promises made in Glasgow in November 2021, with companies failing to move towards zero emissions pledges and the world as a whole not meeting the targets and aspirations laid down.

bneGREEN: Vestas reins in outlook as inflation and the energy crisis continue

by Roberta Harrington in London November 2, 2022

Wind giant Vestas has reduced its financial expectations for the year because of pressures from inflation and the energy crisis that followed Russia’s invasion of Ukraine.

Wave of PV projects in Romania spurred on by expected CfD scheme

Iulian Ernst in Bucharest November 2, 2022

Investors are accumulating portfolios of PV projects in Romania, encouraged by a contracts for difference scheme reportedly planned by the government.

Green energy arm of Israeli BIG Holding announces new projects in Bosnia and Romania

bne IntelliNews November 1, 2022

BIG Energia Holdings aims to become a leading renewable energy player in Eastern Europe and the Balkans.

bneGREEN: Iran renewables capacity to exceed 1,000 MW by end of Persian year in March

bne IntelIiNews October 29, 2022

Iran is claiming progress with its solar industry, set to reach an estimated 1,000 MW in the next six months. Time will only tell whether the country, hit with massive protests and a crisis of legitimacy, will pull off this massive feat.

Kazakhstan: Oil-rich west to become green hydrogen hub

Joanna Lillis for Eurasianet October 29, 2022

The plan is to turn waters from the Caspian Sea into clean hydrogen for export.

bneGREEN: Climate window set to slam shut, warns Guterres

Richard Lockhart in Edinburgh October 28, 2022

The world is heading for a 2.8°C rise in global warming by 2100 unless governments urgently improve their emissions targets, the UN warned, otherwise the window of opportunity to take the required climate action will slam shut.