Ebru A.’s Post

Lenders demand carbon pricing: The key points from the article are: * Global climate action is falling short: The report indicates that countries are not meeting their targets for reducing greenhouse gas emissions, as set out in the Paris Agreement. * Carbon pricing is crucial: The agencies advocate for the introduction of carbon pricing to create a financial incentive for reducing emissions. * Energy efficiency and green technologies are essential: The report emphasizes the need to shift towards energy-efficient practices and invest in low-cost green technologies like solar power. * Public transport is vital: The agencies recommend investing in public transport systems to reduce reliance on private vehicles and decrease emissions. * International cooperation is necessary: The report calls for coordinated efforts among countries to maximize the benefits and minimize the negative impacts of climate change mitigation policies. Overall, the article serves as a reminder of the urgent need for global action to address climate change and the importance of international cooperation in achieving this goal. https://lnkd.in/dFTvtMBT Dawn news, 24 October 2024

Today, we’d like to highlight a topic of great importance to us: the industrial expansion and promotion of the global production and use of eFuels. The eFuel Alliance is committed to the EU's 2050 climate protection goals and supports the shift towards sustainable, modern and competitive economies within the EU and beyond. To meet these ambitious climate targets and successfully navigate the energy transition, we need innovative technologies. This transition requires genuine openness to all viable technologies and solutions that must be applicable not only within the EU but also in regions outside of Europe. Importantly, these solutions should be accessible regardless of a region’s economic capacity, geographic conditions, or technical constraints. Be part of a strong alliance for climate-neutral fuels and help combat climate change with your company. Learn more: https://lnkd.in/ecdKE62R   #globaloneautomotive #globalone #goa #weareone #efuelalliance #efuel #climateneutral #climate #automtoiveaftermarket   Image source: iStock

Germany's 2030 Climate Goals: A Beacon of Hope and Determination Germany's progress towards its ambitious 2030 climate targets brings a wave of optimism and a clear demonstration of effective climate action. The Federal Government, with Economics and Climate Action Minister Robert Habeck at the helm, has confirmed that Germany is on track to meet its goal of reducing greenhouse gas emissions by 65% compared to 1990 levels, according to the latest projections from the German Environment Agency (UBA). This milestone is not just a number but a testament to Germany's steadfast commitment to a sustainable future. With plans to achieve climate neutrality by 2045 and to source at least 80% of electricity from renewable energies by 2030, Germany is setting a global standard for environmental stewardship and the energy transition. As professionals in sustainability, renewable energy, and environmental policy, let's take inspiration from Germany's progress and engage in collaborative, innovative solutions to overcome obstacles in our respective sectors and communities. https://lnkd.in/dSD4AhUf #ClimateAction #Sustainability #RenewableEnergy #Germany2030 #EnvironmentalPolicy

A new report from the Center for Global Sustainability outlines a comprehensive, "all-of-society" approach for achieving net-zero emissions in the U.S. by 2050. While federal policies are critical, the report notes that "high-ambition actions from non-federal actors can achieve a 48-60% reduction" in emissions by 2035. This aligns with the mission of America Is All In, which seeks to scale climate action by engaging the private sector. As a member of the coalition, Metrus Energy strongly believes that the power to reach urgent climate targets resides in collective action, and our Energy as a Service model is a key catalyst. View the report: https://lnkd.in/gnU-bvnU

Climate funding refers to financial investments and resources allocated to initiatives aimed at mitigating and adapting to the impacts of climate change. This funding supports projects like renewable energy development, carbon emission reduction, reforestation, and climate-resilient infrastructure. Sources of climate funding include governments, international organizations, private investors, and green bonds. These funds are critical in helping developing countries transition to low-carbon economies, protect vulnerable communities, and meet global climate targets. Effective climate funding not only addresses environmental challenges but also fosters sustainable development, economic growth, and the achievement of the Paris Agreement’s goals.

The European Environment Agency's annual report on Trends and Projections in Europe, published last week, contains hopeful information. The total net greenhouse gas emissions in the European Union dropped by an impressive 8% in 2023! This result has only been possible due to the rapid expansion of renewable energy. Also, as the electrification proceeds, particularly in the heating and transport sectors, the primary energy use falls because using electricity is much more efficient than burning fossil fuels. Yet, at the same time, the European Environment Agency warns that more needs to be done to meet the climate targets and avoid catastrophic climate change: "Success in certain sectors and the rapid transition in specific countries demonstrate that significant emission reductions are achievable. However, continued focus and action will be necessary to maintain momentum and ensure the EU remains on track to meet its climate goals."

Yesterday Future Matters launched their groundbreaking report on #EU climate policy priorities. The report identified 8 priority policies, with the first being support of results-based climate funds, like the Green Impact Funds For Transformation. This is a model that targets support for transformative change in #LMICs, using an economically impactful model. The basic idea is to maximize the value of climate finance by allocating subsidies through competitive auctions in discrete areas of technology: renewable energy, biochar, and enhanced rock weathering are the leading opportunities. I strongly commend the Future Matters report, available at https://lnkd.in/gpuMNfPW You can find more details about how to implement a results-based climate fund at https://greenimpactfund.de. Watch this space for updates.

🌍 What Happened to the UK's Green Status? 🌿 The latest insights from Bloomberg reveal critical shifts in global climate investments, carbon markets, and the political landscape. While there are challenges, there is also potential for positive change. In order to meet our 2050 decarbonisation goals, three dollars should go towards low-carbon energy for every dollar spent on fossil fuels. However, political challenges and market disparities, such as the lack of a global carbon pricing system and the uneven distribution of renewable energy resources, pose significant hurdles. At OceanBlocks, we're committed to navigating these complexities and driving sustainable solutions. We aim to contribute to a resilient and green future by focusing on diversified investments in various nature-based assets and the rigorous standards required to substantiate the validity of these assets. 🌱 https://lnkd.in/dJT_z8nt #ClimateChange #Sustainability #GreenInvestments #CarbonMarkets #NetZero #EnvironmentalPolicy #OceanBlocks #NatureBasedAssets

Are European countries doing enough to combat climate change? 🌍⚡ As climate change accelerates, Europe is stepping up with 3,000+ policies and measures aimed at reducing emissions, boosting renewable energy, and enhancing energy efficiency. But is it enough to reach the EU’s ambitious 55% GHG reduction target by 2030? 🔸 14% more climate policies 📈: Between 2021 and 2023, EU member states reported a 14% rise in climate actions. 🔸 Current trajectory 📊: Existing policies are projected to deliver a 43% GHG reduction by 2030. With additional planned measures, this could reach 48% — still shy of the target. 🔸 Economic incentives leading the way 💸: Most new policies involve subsidies, feed-in tariffs, and energy efficiency standards, with a strong focus on energy and transport. 🔸 Room for improvement 🛠️: Comprehensive data on emission savings, costs, and progress indicators are still lacking, highlighting gaps in tracking real impact. To read more: https://lnkd.in/gdDXtfFP The fight against climate change requires robust, actionable plans and measurable results. At Global Network for Zero, we’re here to provide the support and tools to help organizations make a measurable impact toward their climate goals. 🌱🌎 #ClimateAction #EnergyEfficiency #GHGReduction #RenewableEnergy #EUClimateGoals #NetZero #SustainableFuture #ClimatePolicy #COP29 #EnvironmentalResponsibility

You can contribute to the fight against climate change without necessarily investing in clean energy. Investing in businesses with credible programmes to reduce or offset emissions can be equally effective. We dug into the detail. #investing #climatechange #ParisAgreement #cleanenergy