Global energy investment is expected to plunge by around 20% or $400 billion in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency (IEA) said…
Firms should be made to disclose exposure to global heating, report suggests.
Equity markets have generally ignored the increasing number of natural disasters over the past 50 years and tougher…
The bloc is showing the way in rebuilding coronavirus-ravaged economies to fight the climate emergency.
The European commission has put down a marker for the world with its green recovery package.…
Deal strengthens Iberdrola’s presence in the French generation market, where it is developing the Saint-Brieuc offshore wind farm (496 MW).
The Spanish-based electric utility company has announced…
As governments claw their way out of the pandemic, they must not lose sight of the climate crisis to safeguard investors and economies from escalating risks from global heating, a global network of…
More than 50 CEOs from the banking and insurance sector – including household names such as BNP Paribas, AXA, Allianz, and Santander – have joined the “green recovery alliance” in the European…
Financing a thermal coal project in Australia just got a little bit harder after Westpac Banking Corp. said it would exit the sector by 2030, leaving Australia and New Zealand Banking Group Ltd. as…
Heirs to the oil fortune created by John D. Rockefeller, who founded Standard Oil in 1870, are exiting the family business.
The Rockefeller Family Fund, a charity that supports causes related to the…
Europe saw €19bn of new wind farm investments confirmed in 2019, according to WindEurope’s annual “Financing and Investment Trends” published on 7 April. A further €33bn were invested in the…
Renewable projects going ahead as oil and gas companies withdraw from projects
There were a couple of surprising things that came out of Australian oil and gas producer Santos’ annual general…
Coal is now a loser around the world.
There has been no more dramatic story in the world of energy over the last 20 years than the rise and fall of coal.
Gulf energy companies are leading the way in one of the world’s newest markets for renewable energy, with Saudi and UAE firms picking up the first contracts to develop solar power projects in…
Funds committed for loans will back green energy projects across continent
Efforts to spur the use of renewable energy in Africa have received a boost with commitments for almost $160 million in…
Big Oil had just announced overhauled long-term strategies to soothe investor concerns about climate change and become part of the solution in the energy transition—and then came the big oil price…
The UK Government announces new £90 million fund for a new generation of green transport.
The government has launched a consultation to make journeys easier, smarter and greener through new…
As UBS achieves its sustainable investment goal three years ahead of schedule, it announces it will end financing for all new offshore oil projects in the Arctic.
UBS has committed to no longer…
Analysis of 35 leading investment banks shows financing of more than $2.66tn for fossil fuel industries since the Paris agreement.
The world’s largest investment banks have funnelled more than £2.…
Renewable energy sources can be used in district heating and cooling systems without increasing citizens’ energy bills or heating plants’ and local governments’ costs, while at the same time…
We estimate that approximately 7% of global facilities operated by MSCI ACWI Index constituents are threatened by coastal flooding risk. Nearly 62% of index constituents had at least one facility…
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