Tuesday, January 16, 2018

COP23: Global ETS Market Seen Doubling, Climate Finance Rising, IETA Chief Says

BONN – The global carbon trading market could double in coming months as China launches a national emissions trading scheme and other emerging economies...

COP23: Wealthy Countries Pledge $75B for Climate – EU Official

BONN – The world’s richest nations have funneled $75 billion in efforts to mobilize $100 billion annually to help poor countries tackle climate change...

COP23: Microsoft Details Sustainable Pledges as U.S. Camp Hits COP23

BONN – Microsoft is on track to invest $25 million to achieve its carbon neutrality goal this year and is making progress on plans...

COP23: Wealthy Countries Pledge $75B for Climate – EU Official

BONN – The world’s richest nations have funneled $75 billion in efforts to mobilize $100 billion annually to help poor countries tackle climate change...

HSBC to Inject $100B into Climate by 2025

HSBC pledged to provide $100 billion in sustainable financing and investment by 2025 in an announcement timed to build momentum for the COP23 U.N....

Green Bond Market Could Hit $17B

The U.S. green-bond market could grow 6.3 percent to $17 billion this year as municipal issuance continues to outperform a sluggish corporate market, said...

UPDATED – Puerto Rico’s Power Sector in New Crisis After U.S. Aid Falls Short 

Puerto Rico keeps asking for help but its pleas are falling on deaf ears. On Thursday, the U.S. announced it would dispatch 350 utility workers...

Innovation, Policy Rejigs to Unlock $30T in Climate Finance

Developing countries can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of...

Paris Pledges Insufficient to Meet Climate-Saving Emissions Targets

Governments and non-state actors need to deliver an urgent increase in ambition to ensure the Paris Agreement goals can still be met, according to...

AES Taps Sunpower to Build Hawaii Solar Plant

AES Distributed Energy, a subsidiary of AES  and SunPower, today announced that a SunPower® Oasis® Power Plant platform with an innovative solar plus storage facility is...

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COP23: Financing Talks Make ‘Disappointing’ Progress – Again

BONN -- The COP23 financing agenda ended in stalemate early Saturday as developing and developed countries continued to haggle over how $100 billion of...

COP23: Financing Stalemate Highlights ‘For-Profit Vs Aid’ Debate

BONN -- The COP23 financing agenda ended in stalemate early Saturday as developing countries failed to persuade rich ones to accelerate financing amid mounting...

UPDATED: IFC Sees $23T in Green Building, Energy Storage Opps

BONN – The International Financing Corporation envisages $23 trillion in climate investment opportunities in 12 years, led by green buildings and energy storage, executives...