Rush to implement EU green transition could trigger collateral damage for manufacturing, says industry group
The rush to implement the EU Green Deal could lead to unintended consequences for industries in the bloc, such as the loss of manufacturing capacities and an increased dependence on imports, a press briefing heard.
Read MoreFEATURE: Conflict sensitivity should be front of mind when accessing critical energy transition minerals
More attention needs to be paid to conflict avoidance when accessing the materials needed for the green transition, say experts working at the intersection of climate and war.
Read MoreCompanies should reassess trade association membership for meaningful climate action -report
A new report highlights the frequent clash between companies’ environmental objectives and their membership of trade associations misaligned with the Paris Agreement.
Read MoreFEATURE: Geoengineering could help curb sea level rise, produce unknown side effects
Injecting sulphur dioxide into the stratosphere could significantly curb sea level rise induced by global warming, according to researchers behind a new geoengineering study – who also question the reliability of carbon capture and storage (CCS).
Read MoreBarclays tightens guardrails around oil and gas, promotes energy transition
Barclays will end direct finance to upstream oil and gas expansion projects and require energy clients to set methane reduction targets under its latest climate statement, though critics say the plan doesn’t go far enough.
Read MoreINTERVIEW: New marketplace quantifies social impact to support growing ESG goals
A new venture looking to quantify social impact using a similar model to the voluntary carbon market says that placing an economic value on positive social outcomes would help companies identify the best projects and accurately report their environmental impact.
Read MoreFEATURE: Stakeholders call for clearer target on carbon removals and technology neutrality in EU
The lack of an explicit target for different carbon removal types in the EU’s new Industrial Carbon Management Strategy is holding back the industry from reaching its full potential, say industry stakeholders.
Read MoreEnergy transition fund for developing countries receives EIB backing
A blended finance fund dedicated to investing in clean energy and infrastructure in developing countries has received $282 million of commitments, bolstered by a recent investment from the European Investment Bank (EIB).
Read MoreNextEra-backed carbon removals startup secures Series A funding
A Los Angeles-based company developing hybrid direct air capture (HDAC) technology capable of capturing both carbon and water simultaneously has closed a Series A funding round, enabling it to grow its team and asset base.
Read MoreINTERVIEW: Energy-efficient electrolysers highly prized as access to renewable energy tightens
A producer of components for highly efficient electrolysers says that those able to use renewable energy more effectively will be greatly valued as access to clean energy becomes increasingly constrained.
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