If South Africa does not begin to shift away from its reliance on coal for its power and export value, the country risks as much as 2 trillion Rand ($124 billion) as the rest of the world begins to shift away and reduces their need for South Africa’s coal.
Global climate financing has steadily increased over recent years, according to new research from the Climate Policy Initiative, and might have reached as much as $510 billion to $530 billion in 2017, but while this is, on its own, relatively good news, investment in climate action is falling short in several key areas.
When we think of the changes a clean energy transition will bring, we often think of a transition from high to low carbon technologies. But even the most engaged energy pundits tend to gloss over what may be one of the biggest changes of all: how we pay for and finance the energy we use, and what that may mean for the investors, industries, and companies that provide that energy.
Since its launch in 2014 the public-private sustainable investment initiative The Lab has mobilized more than $1 billion in investment across 25 investment vehicles for sustainable development and action on climate change.
A first-of-its-kind five-year trend analysis of global investments aimed at addressing climate change found that the annual average was $410 billion, and reached a record high of $437 billion in 2015 before falling to $383 billion in 2016.
This week, Anne-Sophie Garrigou, journalist at The Beam, interviewed Dr. Barbara Buchner and Dr. Frank Heinlein.
The public and private global financing raised for climate action in developing countries reached $62 billion in 2014, according to the OECD. According to a new study released by the Organisation for Economic Co-operation and Development, and conducted in collaboration with Climate Policy Initiative, public and private finance that was … [continued]
If we can credit a spate of reports this fall, the climate change discussion has begun to move toward common—and more mutually profitable—ground. Decisionmakers have begun to think about climate business: economic and climate action together. Treehuggers, this isn’t just something the Fortune 100 has cooked up to distract gullible … [continued]
The number of carbon allowances sold and pollution permit prices will both rise across the California cap and trade market in 2014 after a successful 2013.
