EGYPT – Egypt has secured a US$253 million loan from the African Development Bank (AfDB) to finance Egypt’s Electricity and Green Growth Support Programme (EGGSP).
The funding, according to Africa…
Government grants will contribute to the recovery of the automotive sector and the UK economy, cutting carbon emissions, and safeguarding more than 14,000 jobs.
Business Minister Nadhim Zahawi…
he United Nations Global Compact this week held a two-day virtual conference, coming in the shadow of the Covid-19 crisis.
The UN Global Compact is the largest corporate sustainability initiative…
COVID-19 pandemic has resulted in need for new realities in the energy space.
According to International Renewable Energy Agency (IRENA), renewable energy could power an economic recovery from COVID…
Unilever has set out new actions to fight climate change, and protect and regenerate nature, to preserve resources for future generations.
Unilever has announced a new set of sustainability…
Spending on renewable power is set to overtake oil and gas drilling for the first time next year as clean energy affords a $16 trillion investment opportunity through 2030, according to Goldman Sachs…
Commitments by investors to the Task Force on Climate-related Financial Disclosure (TCFD), as well as existing and pending regulation in Europe, are quickly advancing the financial industry's…
A new study from the LSE highlights that to tackle the challenges of climate change, more investment needs to be mobilised in low-carbon technologies and capital assets.
According to a new paper…
There's a growing push from large investors in publicly traded companies to hold the companies accountable for the environmental impact of their practices. In the latest salvo, global companies worth…
The sustainable revolution hasn’t reached the top levels of the biggest U.S. and European banks.
The world’s largest banks have issued billions in loans to sustainable businesses and taken some…
Investors keep faith with green technologies as fossil fuel producers experience pandemic downturns, reports Yigal Chazan
The recent investment growth enjoyed by the renewable energy sector is…
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…
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