COP28: Will There Be an Agreement to Phase Out Fossil Fuels?
Over 80 countries, including major oil and gas producers like Norway and the United States, are pushing for a pact to phase out all CO2-emitting fossil fuels
India Stays Away from Key Pledges, UAE Unveils Green Finance and Barbados Calls for Climate Tax
India has opted out of signing two major pledges at COP28, raising eyebrows and sparking discussions about its commitment to global climate action
Finance Industry Gathers at COP28 to Forge Path to Low-Carbon Economy
This year’s summit marks an unprecedented gathering of finance industry representatives at a United Nations Conference of the Parties (COP), underscoring the growing recognition of the critical role finance plays in addressing climate change
Richest 1% emit as much planet-heating pollution as two-thirds of humanity, Says Oxfam
#Carbon emissions of richest one percent surged to 16 percent of world’s total CO2 emissions in 2019.
#Their carbon emissions are enough to cause 1.3 million excess deaths due to heat.
#Unequal countries suffer seven times more flood fatalities than more equal countries.
#Fairly taxing the super-rich would help curb both climate change and inequality.
JUNA, a JV by Scania and Sennder to drive large-scale electric truck adoption in Europe
– JUNA combines Sennder’s technology with Scania’s premium electric trucks to create a pay-per-use model.
– This model offers transport companies access to electric truck solutions and guaranteed capacity and load through Sennder’s digital platform.
– It eliminates upfront costs and concerns about the resale value of electric trucks.
Leidos deploys potable water dispenser at International Space Station
Leidos, a prominent US-based company, has announced the successful deployment of its Exploration Potable Water Dispenser (xPWD) for use on the International Space Station (ISS)
Blackstone raises $7 billion Energy Transition Fund
Blackstone has successfully raised $7.1 billion for its energy transition credit fund called Blackstone Green Private Credit Fund III
Hybrid Cargo Vessels To Drive The Electric Ship Industry
The future of the electric ship industry lies with hybrid cargo vessels, says a report.
Need to Add Impact Of Climate Action Into Risk Management
A new report calls for a need for urgent action to embed the impact of climate action into risk management in Financial Sector.
Microsoft Adds ESG Reporting, Scope 3 Emissions To Sustainability Platform
Microsoft has added new features to its sustainability platform-Microsoft Cloud for Sustainability that includes the capability of helping companies meet emerging ESG reporting requirements and regulations, calculating Scope 3 emissions, and collecting and managing ESG data across categories and data sources