Report
Nippon Steel and Sumitomo renew contract with Equinor to supply pipes
Japan’s largest steelmaker, Nippon Steel and trading house, Sumitomo Corp, announced that they have renewed a long-term contract with Norway’s Equinor…
Ineos Energy CEO criticizes UK oil and gas policies, prioritizes US and Denmark expansion
The chief executive of Ineos Energy has stated that the company will focus on expanding in the US and Denmark…
Redflow and Stanwell partner to boost Queensland’s energy transition with new battery technology
Redflow Limited, a clean energy storage company, announced it had signed a Memorandum of Understanding (MoU) with one of Queensland’s…
Shell halts construction at its biofuel plant amid market challenges
Shell announced that it plans to temporarily pause on-site construction work at one of Europe’s largest biofuel plants due to…
Carbon removal market poised for explosive growth with…
A report by management consultancy Oliver Wyman reveals that if barriers to growth are addressed, the global market for CO2 removal credits could reach up…
Report highlights impact of $100 billion carbon market…
BeZero Carbon, a global carbon credit ratings agency, published a report outlining the transformative potential of a $100 billion carbon market expected to emerge over…
New report reveals surge in climate litigation against…
A new report from LSE’s Graham Research Institute on Climate Change and the Environment shows that companies accused of misrepresenting their progress on climate change…
Report highlights benefits of early retirement of Chinese…
A new policy brief by the Boston University Global Development Policy Center said the early retirement of overseas coal plants would bring health and climate…
Greenpeace report highlights climate risks in Chinese asset…
According to a new Greenpeace report, major Chinese asset managers have billions of dollars invested in fossil fuels and have no plans to phase them…
Report highlights the urgent need for improved climate…
A new report by Ceres examines companies’ disclosures under the National Association of Insurance Commissioner’s Climate Risk Disclosure Survey (CRDS). It aims to serve as…
Canada’s proposed oil and gas emissions cap likely…
A recent report by Deloitte Canada, commissioned by the Alberta government, shows that the proposed federal oil and gas emissions cap would cut production, deter…
Global offshore wind capacity increases with 10.8 GW…
The Global Wind Energy Council (GWEC) published a report highlighting a significant milestone in the offshore wind sector, with the installation of 10.8 gigawatts (GW)…
Report highlights US Government’s efforts to boost carbon…
A recent report published by the National Energy Technology Laboratory (NETL) highlights the scale of the development of carbon capture storage (CCS) technology in the…
Report warns UK offshore wind targets at risk,…
A recent report by the Institute of Public Policy Research (IPPR) reveals a disparity between the United Kingdom’s (UK) offshore wind farm ambitions and its…
Renewable energy, power transmission to drive India’s power…
A report by Moody’s Ratings says that over the coming years, renewable energy and power transmission will drive investment in India’s power sector. Moody’s Ratings…
Carbon removal must quadruple to hit climate targets,…
According to a report by researchers released on Wednesday, to achieve global climate goals, governments must expand afforestation and use advanced technologies to quadruple the…
Clean investment hits all-time high in US with…
Clean energy and transportation investment in the US hit an all-time high, reaching $71 billion, in Q1 of 2024. This marks ongoing quarter-on-quarter growth since…
UK financial institutions triple clean energy investments, report…
A report by the City of London Corporation and Climate Policy Initiative (CPI) has revealed that UK financial institutions have almost tripled their investment in…
Singapore publishes NRA on Environmental Crimes Money Laundering…
Singapore published an Environmental Crimes Money Laundering (ML) National Risk Assessment (NRA), which identifies the critical threats and vulnerabilities in crimes around the environment that…
No new oil, gas, or coal licenses needed…
In a recent study, researchers at University College London and the International Institute for Sustainable Development (IISD) said that sufficient fossil fuel projects are already…
SE Asia’s Gas Expansion Threatens Green Energy Transition
Southeast Asia plans to expand its gas-fired power plant and liquid natural gas import capacity. Global Energy Monitor’s report says this move could lock the…
Global shift towards renewables decelerates in 2023, says…
REN21, a Paris-based policy group, said the global shift to renewables in major energy-consuming sectors slowed in 2023. Regulatory gaps, political pressures, and a failure…
UK’s climate goals challenged by heat pumps installation…
A report published by the Public Accounts Committee (PAC) highlights the significant challenges the United Kingdom (UK) government might face regarding heat pumps and decarbonising…
New research highlights gaps in national climate strategies
According to a report titled “Residual emissions in long-term national climate strategies show limited climate ambition,” several countries worldwide do not include enough strategies to…
China’s electricity consumption set to surge by 6.5%…
Reports say China’s rising electricity demand will pressure the nation’s power sector. The research report by State Grid Corp. of China said power supply and…
National Grid to invest $76 billion towards decarbonization,…
National Grid, an energy company operating in the UK and US, plans to raise $8.7 billion in capital to finance its $76 billion network spending…
Additional $34 trillion needed to meet net zero…
BloombergNEF’s extensive New Energy Outlook report, which spans 250 pages and analyzes 18 million data points, reveals that governments and companies must invest an additional…
Over a third of Amazon rainforest struggle to…
A recent study published in the Proceedings of the National Academy of Sciences reveals that more than a third of the Amazon rainforest struggles to…
China dominates clean energy manufacturing race, new report…
According to Advancing Clean Manufacturing Technology, a new report by the International Energy Association, China is solidifying its position as the global leader in clean…
Rishi Sunak’s reversals on net zero goals to…
According to the National Infrastructure Commission (NIC), Rishi Sunak’s reversals on net zero have hindered progress on vital infrastructure required for economic growth. Sir John…
New research examines carbon emissions from wooden houses…
A group of researchers at Kyusu University has performed an extensive analysis of the carbon footprint involved in constructing a wooden house in Japan. The…
Net zero plans have limited ambition on ‘residual…
Research by the University of East Anglia highlights the most troubling sectors to decarbonise when countries reach net zero. Agrarian industries are expected to be…
EU greenhouse gas emissions down by 4% in…
In the fourth quarter of 2023, the European Union’s estimated greenhouse gas (GHG) emissions stood at 297 million tonnes of CO2 equivalents (CO2-eq), reflecting a…
Climate change could worsen neurological conditions, study discovers
A study by University College London researchers reveals that extreme heat and climate change-related disasters worsen neurological diseases and mental health disorders. They found that…
Australia’s major polluters could be emitting twice the…
According to a report from Melbourne’s nonprofit organization, The Superpower Institute, major polluters in Australia may be emitting more than double the methane as estimated…
Nature loss could COVID-19 impact on UK economy,…
Britain’s economy could face greater peril from nature loss than even the COVID-19 pandemic, with the risk of potentially wiping out 300 billion pounds off…
Parts of US face worst air quality in…
A recent report released on Wednesday reveals that approximately 44 million Americans reside in cities or counties where air quality has reached its lowest point…
China coal consumption to decline slightly by 2040,…
China’s coal consumption is expected to fall by only one-third by 2040, according to a report by a European consultancy published on Tuesday, posing a…
Southeast Asia has insufficient green investments: report
A recent report by global consultancy Bain & Company sheds light on Southeast Asia’s inadequate green investments, hindering efforts to reduce emissions in the region.…
Study recommends China shift economic engagement with Africa…
A new study conducted by Boston University’s Global Development Policy Centre and the African Economic Research Consortium suggests that China should redirect its economic engagement…
Study reveals detrimental impact of Oklahoma’s EDEA policy…
A recent study conducted by the Oklahoma Rural Association sheds light on the adverse effects of Oklahoma’s Energy Discrimination Elimination Act (EDEA) on the state’s…
Europe’s heatwave difficult for human body to cope,…
According to the EU’s Copernicus climate monitoring service and the World Meteorological Organization, as climate change drives temperatures higher, Europe is experiencing more frequent and…
Carbon capture faces doubts in steel industry’s green…
A recent report from the Institute for Energy Economics and Financial Analysis (IEEFA) has cast doubt on the potential of carbon capture, utilisation, and storage…
Green data centres help drive investments in Southeast…
A report released Monday highlights a notable rise in green investments across Southeast Asia in 2023, driven partly by green data center projects. However, the…
Germany’s coal mines emit more methane than reported,…
According to a recent analysis by Ember, German coal mines emit significantly more methane than officially reported to the United Nations.
New wind installation surge by 50% in 2023…
The wind energy industry recorded a 50% increase in capacity installation in 2023 despite a turbulent political and macroeconomic environment, according to an industry report…
Mounting debt mean climate investment pose insolvency risk…
Emerging countries will pay a record $400 billion to service external debt this year, and nearly four dozen cannot spend the money they need for…
Debt-for-nature swaps could generate $100 billion for climate…
A recent report by the International Institute for Environment and Development (IIED), a UK-based non-profit organization, suggests that debt-for-nature swaps could potentially yield $100 billion…
Analysis: the US needs $100 billion annually in…
Rhodium Group report urges US gov to boost spending on carbon dioxide removal tech to $100 billion yearly by 2050 for extreme climate change mitigation.
Global Carbon Capture and Storage market primed for…
According to the report, as the world grapples with the urgent need to reduce carbon emissions and combat climate change, carbon capture and storage (CCS)…
Renewable power surge drives 15.5% drop in EU…
The European Commission said on Wednesday that carbon dioxide emissions governed by the European Union's emission trading system (ETS) fell by 15.5% in 2023, primarily…
CapitaLand Investment’s climate resilience report flags coastal flooding…
CapitaLand Investment's (CLI) inaugural standalone climate resilience report, released on April 1st, highlights coastal flooding as the most significant threat to its global portfolio of…
EU sustainability reporting standards could impact over 1,300…
The Institute for Sustainable Finance (ISF) has issued a warning that corporate sustainability reporting standards introduced by the European Union (EU) could have significant implications…
31 countries hit 5% EV sales, signaling mass…
According to a Bloomberg Green analysis, electric vehicles have reached a pivotal tipping point globally, with 31 countries surpassing the threshold of 5% of new…
US landfill methane output underestimated by 40%: study
A recent study published in Science reveals that methane emissions from prominent US landfills are, on average, 40% higher than previously documented. Utilizing aerial surveys,…
Study finds Australia’s carbon offsets method failing to…
A major study conducted by 11 academics has revealed that Australia's primary carbon offsets method, known as "human-induced regeneration," has largely failed to improve tree…
Green jobs rise as sustainability investments grow: report
According to a 2024 Capgemini report on global investment trends, more than 52% of organizations are projected to boost their investments in sustainability within the…
India braces for surge in solar waste amid…
India's ambitious drive to ramp up its renewable energy capacity, particularly in solar energy, is poised to reshape its economy. However, alongside this growth comes…
Study links West Africa’s intense February heatwave to…
A scorching heatwave that hit West Africa in February has been determined by a study to have been intensified by 4 degrees Celsius and made…
Britain’s home heating emission goals stalled by lack…
Most of Britain's homes use gas for heating, contributing about 18% of the country's total greenhouse gas emissions. The government aims to reduce these emissions…
Germany’s emissions goal demands sixfold surge in EV…
According to a study, Germany must experience a significant turnaround in the momentum of electric vehicle (EV) sales if it hopes to meet its emissions…
WWF urges central banks in Africa to integrate…
Recent research by the WWF Sustainable Financial Regulations and Central Bank Activities (SUSREG) reveals that several central banks and financial supervisors are actively incorporating "green"…
Alberta’s ban on renewables could halt $8.24 billion…
According to a study released on Monday, Alberta's prohibition on select renewable projects could jeopardize investments worth C$11.1 billion ($8.24 billion) and impede the development…
Report: Global carbon removal market to hit $1465.5…
The latest report by Congruence Market Insights, titled 'Global Carbon Dioxide Removal Market - Size, Trends, Share, Growth, Dynamics, Competition, and Opportunity Forecast, 2023 -…
EVs cannot fix ‘car harm’, study says
While electric vehicles (EVs) promise cleaner air and reduced climate pollution, a recent analysis suggests that even a complete global transition to EVs would not…
Europe not ready for accelerating climate risks, report…
The European Environment Agency (EEA) has issued its first risk assessment, indicating that Europe is not well-prepared for the quickly increasing climate dangers it faces.
One-fifth of Mekong river fish species near extinction:…
Unsustainable development threatens the health and biodiversity of the Mekong River, says a report from conservation groups revealing that one-fifth of the fish species in…
Global waste production to skyrocket by 2050: UN…
By 2050, waste generated by the public will increase substantially, leading to hundreds of billions of dollars in damage due to biodiversity loss, climate change,…
Oxford releases “major course-correction” to carbon offsetting
Oxford University updates 'Oxford Offsetting Principles' to enhance credibility and guide toward net-zero with clearer directives.
EU import charges on carbon-intensive products expected to…
According to research by the Asian Development Bank (ADB), the European Union's (EU) Carbon Border Adjustment Mechanism (CBAM) is projected to have only a modest…
EU’s carbon tariffs risk straining Asian economies, offer…
The Asian Development Bank (ADB) reported that the European Union's plan to impose tariffs on high-carbon imports might harm developing Asian countries. However, it's unlikely…
Climate change raises concerns of more deadly wildfires…
A recent report suggests that deadly wildfires, similar to the ones in central Chile that claimed at least 133 lives this month, could become more…
IMF reaches agreement with Ivory Coast for $1.3…
On Friday, the International Monetary Fund (IMF) announced that it had reached a staff-level agreement with Ivory Coast for a $1.3 billion program to combat…
Report exposes plastic industry’s decades-long deception on recycling
A recent report by the Center for Climate Integrity (CCI) reveals that plastic producers have knowingly misled the public for over 30 years regarding the…
High-resolution satellite maps reveal coral reefs larger than…
A new comprehensive high-resolution assessment of the world's corals reveals that the total area covered by coral reefs is more extensive than previously believed.
Global warming, drought & other disruptions could collapse…
Scientists warned on Wednesday, in a study, that a combination of drought, heat, and other factors, including climate change, could collapse South America's Amazon rainforest…
20% of world’s migratory species in danger of…
The United Nations' first-ever report on migrating animals, released on Monday, reveals that one in five of the world's migrating species face extinction due to…
New analysis raises concerns over Woodside Energy’s net-zero…
An in-depth analysis by the Australian Conservation Foundation has found that Woodside Energy Group, Australia’s largest oil and gas producer, does not have a robust…
Atlantic Ocean’s circulation reaching a tipping point that’s…
According to a study published in Advanced Sciences, the Atlantic Ocean's circulation, an enormous system of currents, is getting close to a tipping point and…
2023 was a tough year for US sustainable…
The year 2023 was “the worst calendar year on record” for US sustainable funds, according to a new report by Morningstar. Investors pulled $5 billion…
Blended finance is the viable path to a…
Blended finance, a combination of private and public capital, can offer a viable pathway to accelerate the transition to a low-carbon economy in developing countries,…
HSBC to partner with Google to finance climate…
HSBC, the largest bank in Britain, has teamed up with Google to fund rapidly expanding climate technology companies that offer promising solutions to global climate…
Carbon credits face critical test, projected to hit…
2024 will be a year of challenges and opportunities for the carbon offset market, notes the BloombergNEF’s (BNEF’s) Long-Term Carbon Offsets Outlook 2024 report.
Palm oil supplier for Nestle, Kellogg’s linked to…
An environmental group's investigative report, released on Wednesday, reveals that a supplier to brands like Nestle, Kellogg's, and Colgate has been cultivating palm oil on…
Investigation exposes millions in ‘climate-friendly’ investments funding major…
A recent investigation has shed light on allocating millions of euros in purportedly 'climate-friendly' investments to major carbon emitters. Fossil fuel giants, including BP, Chevron,…
Study reveals decline in sustainable fund investments due…
A recent study conducted by Elise Gourier and Helene Mathurin at ESSEC Business School has uncovered a concerning trend: investments in sustainable funds are dwindling…
Investment stress test: Insurance regulators warn of billions…
A recent analysis titled “The hidden cost of delaying climate action for West Coast insurance markets” has highlighted potential billion-dollar losses for insurance companies if…
Disconnect between climate risks and investment strategies: Report
A recent survey conducted by Market Forces has shed light on a significant disconnect between institutional investors’ awareness of climate risks and their investment strategies.…
IEA reports slower growth in green hydrogen capacity…
The International Energy Agency's (IEA) annual renewables report for 2023 indicates a slowdown in the growth of green hydrogen capacity compared to the previous year's…
Record Amazon drought linked to climate change, says…
A recent study by World Weather Attribution, an international group of scientists, points to climate change as the primary cause of a historic drought in…
UK is not prepared for the worst 2024…
Environmental Audit Committee said in a report published Wednesday that the UK government’s plans to mitigate the effects of rising temperatures published last July mostly…
Over half investors planning increased allocations in sustainable…
The latest Sustainable Signals survey from the Morgan Stanley Institute for Sustainable Investing reveals a significant opportunity for asset managers to better align their sustainable…
Carbon Capture and Storage market set to surge…
The Carbon Capture and Storage (CCS) Market is poised for significant growth, projected to reach a substantial value of $18.1 billion by 2033, according to…
How do we address climate finance challenges in…
To meet carbon emission reduction targets, Asia requires at least $1.1 trillion annually for climate-related initiatives, noted a new report published by the International Monetary…
Geothermal heat pumps can help advance US clean…
A comprehensive study prepared by Oak Ridge National Laboratory has unveiled the transformative potential of geothermal heat pumps (GHPs) across the United States.
EPA report: Ireland experiences 1°C temperature rise amid…
Ireland is increasingly susceptible to the effects of climate change, as highlighted by the Environmental Protection Agency's (EPA) groundbreaking Climate Change Assessment Report, which serves…
India’s natural gas demand set to rise 6%…
India's natural gas demand is poised for a 6% increase in 2024, rebounding from a 7% year-on-year decline observed in 2022, according to the latest…
IEA report: record electricity generation from nuclear power…
A report by the International Energy Agency (IEA) predicted that nuclear power generation is on track to break records in 2025, driven by investments in…
Sustainable aviation fuel will take center stage in…
A new report titled "Sustainable aviation fuel is the way forward for aviation industry," published by Research And Markets, provides an overview of the decarbonization…
Global groundwater levels see ‘accelerated’ decline – study
A study published on Wednesday reveals a significant and accelerated decline in global groundwater levels over the last four decades.
Global business leaders accelerate sustainability investments: Capgemini report
Over half of the global business leaders plan to increase investments in sustainability this year, notes a report from Capgemini (French multinational IT services and…
Opinion polls suggest 2024 EU elections could make…
The upcoming European Parliament election might complicate the approval of ambitious climate change policies if, as recent polls indicate, takes a "sharp right turn."
Germany unlikely to achieve 2030 coal phase-out: Cornwall…
According to a new paper published by Cornwall Insight, Germany is unlikely to achieve its committed to phasing out electricity generation from both nuclear and…
Trawling ocean seabeds for seafood is releasing huge…
A recent study reveals that the practice of trawling, a destructive fishing technique, the ocean floor for shrimp, cod, and other seafood results in the…
New research shows disturbing decline in Greenland’s last…
According to a study by Nature, a climate change journal, Greenland’s ice sheet has lost 5,091 sq km (1930 sq miles) of area between 1985…
Unlocking Japan’s Forests: Study finds route to carbon…
A study on Japan's forests has predicted that afforestation and proper forest management can increase CO2 removal and contribute to the national and regional natural…
London is not equipped for the consequences of…
London is inadequately prepared for the imminent challenges of heatwaves, flooding, and rising sea levels, according to a report commissioned by Mayor Sadiq Khan.
Renewable energy technologies in 2028: Here is International…
The International Energy Agency released a new report titled “Renewables 2023”, a primary analysis of the renewable sector based on policy trends and current developments…
Oil and Gas decarbonization: Here at the top…
The year 2024 has seen decarbonization as a prevailing buzzword, reflecting the emphasis by counties and industries on reducing carbon emissions and switching to sustainable…
Employees lack green skills, might see delay in…
A large number of businesses are witnessing a lack of green skills among their employees. This will reportedly see slow to low progress in transitioning…
YouTube’s revenue soars in millions from climate misinformation…
A recent report revealed that Google-owned YouTube earns millions of dollars a year from advertisements on channels that spread false information about climate change.
US, China chart new climate plans post veteran…
US and China, the world’s biggest two greenhouse gas emitters are charting a new climate plan as John Kerry and Xie Zhenhua, stepped down from…
Activist investors to shift focus in 2024; ESG…
Activist investors are anticipated to scale back on environmental and social campaigns this year, as revealed by business consulting firm Alvarez & Marsal Inc.
India to cut energy transition by half to…
India is intending to reduce equity investment by half, amounting to $1.8 billion for the fiscal year 2023/24, to support the green energy initiatives of…
Portugal sets new record for renewable energy production…
Renewable energy sources contributed 61% of Portugal's electricity in 2023, marking a significant increase from the previous year's 49%, as reported by grid operator REN…
Swiss climate activists propose new tax targeting the…
The Young Socialists of Switzerland have announced that they have gathered sufficient signatures to initiate a national vote on a new tax targeting the affluent…
China to face extreme heat in 2024
Experiencing one of its coldest Decembers on record, China is anticipated to face the challenges of scorching heat and heightened extreme weather conditions next year,…
International Ski Federation urged to cut emissions as…
Following an initial promise of early snowfall in certain European regions this autumn, the familiar pattern of recent years returned, with rain and sleet taking…
UK’s Sheffield City emission reduction stalls at 3%…
A recent report has disclosed that a council, despite declaring a "climate emergency" over four years ago, has only managed to reduce emissions by 3%.
Canada PM says Trump’s win in 2024 could…
Canadian Prime Minister Justin Trudeau expressed concern about the potential adverse impact on global climate change efforts if the leading Republican candidate, Donald Trump, were…
Widespread bird flu outbreak in Antarctic could cause…
Experts on the highly contagious bird flu warn of its likely expansion in the Antarctic region, posing a significant threat to wildlife.
240 million PCs at risk of landfill disposal…
Canalys Research has reported that Microsoft Corp's decision to stop supporting the Windows 10 operating system may lead to the disposal of approximately 240 million…
High interest rates cast shadow on California’s ambitious…
California, once a pioneer in fostering the US solar industry, is now facing a significant slowdown in rooftop panel sales, posing a threat to widespread…
Iberdrola acquires Balantia to enhance energy efficiency and sustainability efforts
Iberdrola, a Spanish renewables company, announced that it has acquired the “80% it did not control of Balantia”. Iberdrola had initially entered the firm’s capital […]
July 3, 2024 8:38 pm SGT
Nippon Steel and Sumitomo renew contract with Equinor to supply pipes
Japan’s largest steelmaker, Nippon Steel and trading house, Sumitomo Corp, announced that they have renewed a long-term contract with Norway’s Equinor to supply seamless steel pipes […]
July 3, 2024 8:20 pm SGT
Cepsa and PreZero Spain partner to convert waste into biomethane and biofuels
Cepsa announced that it has entered a strategic partnership with PreZero Spain to advance objectives related to decarbonization. According to the agreement, PreZero Spain will […]
July 3, 2024 6:54 pm SGT
NGOs call for the exclusion of carbon offsets from corporate transition plans
In a new critique of the voluntary carbon market, over 80 non-governmental organizations have urged corporations to exclude carbon offsets from their transition plans, arguing […]
July 3, 2024 6:48 pm SGT
Luxcara selects Chinese turbines for offshore wind farm project
Luxcara, an independent German asset manager for clean energy infrastructure projects, announced that it has signed a “preferred turbine supplier”. The asset manager has signed […]
July 3, 2024 6:18 pm SGT
Genex secures $107 million funding for its solar assets in Australia
Genex Power announced that it has secured a five-year $107 million senior debt facility for its 50MW Kidston and Jemalong solar projects in Australia. The […]
July 3, 2024 5:23 pm SGT