Eurasia / bneGREEN

bneGREEN: Satellites discover huge amounts of undeclared methane emissions

Richard Lockhart in Edinburgh November 17, 2021

Satellites are detecting previously unknown emissions of methane from gas pipelines, oil wells, fossil fuel processing plants and landfills all over the world, with Turkmenistan and Kazakhstan being particular culprits.

bneGREEN: Beyond Oil and Gas Alliance aims to end oil and gas production

Richard Lockhart in Edinburgh November 11, 2021

The Beyond Oil and Gas Alliance (BOGA) is calling for an immediate end to new licensing rounds for oil and gas exploration, and has signed up 11 governments to a promise to end oil and gas production by 2050.

bneGREEN: Paris Accords targets will be missed, World on course to see 2.7C-3.1C increases in temperature by 2100 without drastic reductions

bne IntelliNews November 8, 2021

The global community will miss the Paris Accord target of keeping temperature rises to 1.5C and will see them climb to between 2.7C and 3.1C by 2100 unless emissions are cut by 15% a year from now on.

bneGREEN: Climate Investment Funds issues new generation of green bonds worth $500mn

Richard Lockhart in Edinburgh November 4, 2021

The World Bank has backed the issue of $500mn of green bonds ever year for 10 years in a bid to raise private capital to scale up clean energy and sustainable infrastructure in emerging economies.

bneGREEN: World finally commits to $100bn of climate finance for global south

Richard Lockhart in Edinburgh November 4, 2021

UK Chancellor Rishi Sunak said at COP26 that the world’s rich nations would make good on their promise of $100bn per year of climate financing for poor countries by 2023.

bneGREEN: UN warns that net-zero pledges are insufficient and not urgent enough

By Richard Lockhart in Edinburgh October 27, 2021

A majority of G20 net-zero pledges made so far are not strong enough and are not backed up by meaningful and effective promises of action.

bneGREEN: Kazakhstan faces mighty coal headache in energy transition

Kanat Shaku in Almaty October 26, 2021

Country looks at natural gas as a transition fuel, but building a nuclear power plant may become an inevitability despite public’s misgivings.

bneGREEN: EU MEPs back binding methane targets

bne IntelliNews October 25, 2021

In a resolution on the EU’s strategy for cutting methane emissions, MEPs voted 563 to 122 in favour of introducing binding measures and targets on methane abatement, in order to significantly reduce emissions by 2030, in line with Paris goals.

bneGREEN: G7 could set green example for rest of world

By Richard Lockhart in Edinburgh October 21, 2021

G7 countries have the potential to reach net zero in the power generation sector by 2035 and spur decarbonisation in other economies and sectors.

ING: Growing metals demand & the issue of emissions

Warren Patterson Head of Commodities Strategy at ING in Holland October 19, 2021

The energy transition provides a great opportunity for the metals industry. Investment in clean energy technologies will boost metals demand. However, while the sector will play a crucial role, it will need to address its own emissions.

bneGREEN: Governments still woefully short of IEA’s net-zero requirements

By Richard Lockhart in Edinburgh October 13, 2021

Governments need to smash the stubborn dominance of fossil fuels if the world is to reach net zero by 2050, despite the rapid development of green technologies, the IEA warns.

bneGREEN: SEB puts $4 trillion annual price tag on net zero

By Richard Lockhart in Edinburgh October 1, 2021

SEB’s latest Green Bonds Report has placed a price of $4 trillion per year on the energy transition if the world is to reach net zero by 2050.

bneGREEN: China’s promise of no overseas coal financing could free up $130bn for green investment

By Richard Lockhart in Edinburgh October 1, 2021

China’s promise to abandon financing coal projects overseas could affect a total of 44 coal plants across Asia and Africa with a combined 42,220 MW of capacity.

bneGREEN: Hydro capacity needs to double to meet green goals

By Richard Lockhart in Edinburgh September 29, 2021

Global hydro capacity needs to double by 2050 if water-based power is to make a meaningful contribution in the race to net zero, IRENA director-general Francesco La Camera has warned

bneGREEN: Green Deal, CBAM poses high risks to poorer African, Eastern European countries

Richard Lockhart in Edinburgh September 23, 2021

The EU’s Green Deal and Carbon Border Adjustment Mechanism will hit the EU’s trading partners in Africa and non-EU Eastern Europe particularly hard.

bneGREEN: Greenwashing: regulators flex muscles as the market remains in flux

Richard Lockhart in Edinburgh September 22, 2021

Defining a green investment is crucial to boosting the expansion of renewable energy and preventing the mis-selling of investments by so-called greenwashing, whereby the environmental impact of a product is misrepresented.

SCO leaders tell West to bite bullet and hand billions to Taliban

bne IntelIiNews September 18, 2021

With Afghanistan on brink of humanitarian and economic hell, it might be that only access to capital frozen abroad can stop the country becoming an incurable narco-state that is a hive of terrorism.

bneGREEN: Global coal plans collapse by 76%

By Richard Lockhart in Edinburgh September 16, 2021

The global pipeline of proposed coal power plants has collapsed by 76% since the Paris Agreement in 2015, bringing the end of new coal power construction into sight, new research by green think-tank E3G finds.

bneGreen: Finland’s Betolar develops green cement as construction races to decarbonise

Richard Lockhart in Edinburgh September 15, 2021

Finland’s Betolar is pioneering the production of low-carbon cement by using alternative industrial waste products in a process that could reduce CO2 emissions by up to 80%.

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