carbon dioxide

China reveals world’s largest floating offshore wind turbine, generating 62 million kWh annually for 37,000 homes

This turbine has a 260-meter diameter wind wheel and a sweeping area of 53,100 square meters

European Council to mobilize $100 billion annually in climate finance through 2025

The council reaffirmed its commitment to climate finance and aims for new targets beyond 2025.

Japan can raise renewable energy share to 80 percent by 2035: Report

Japan can reduce its CO2 emissions by 65 percent by increasing the number of storage batteries and grid interconnection

World Bank commits over $2 billion to support Bangladesh’s reforms

The Bank will reallocate $1 billion, totaling $3 billion in loans and grants for the fiscal year ending June 2025

Indonesia targets 23 percent renewable energy share in total energy mix by 2025

This target encompasses a range of renewable sources, such as solar, wind, bioenergy, hydropower, and geothermal energy 

EU approves $221 million subsidies to boost Germany’s offshore renewable energy infrastructure

New docking facilities on Germany's North Sea coast will handle heavy loads, including wind farm components

China’s $676 billion investment leading the global energy transition

The country's wind and solar exports cut global CO2 emissions by about 810 million tons in 2023

India’s bio economy to reach $300 billion by 2030 under new government policy

New policy seeks to foster the development of bio-based products with minimal carbon footprints in India

Germany commits $3.89 billion to nature-based solutions for climate, biodiversity

This marks the largest investment ever in nature and climate protection in Germany, says minister

GCFC, IRENA collaborate to unlock innovative climate finance for sustainable energy transition

The GCFC is working to create an ecosystem that enables investments into low-carbon, sustainable, and resilient projects

South Korea reveals 10-year $1.44 billion plan to develop cutting-edge green technologies for ships

The technologies include features such as full autopilot capabilities and carbon-free engine

Denmark to introduce first-ever carbon tax on agriculture

The deal calls for taxing farmers 300 Danish crowns ($43.16) per ton of CO2 in 2030, increasing to 750 crowns by 2035

South Korea’s hydrogen-powered FCEV exports plunge 74.2 percent in first five months of 2024

Last month, the country's exports of hydrogen-powered FCEVs dropped to zero

SAF production to triple to 1.5 million tons by 2024: Report

Around 140 SAF projects are planned by 2030, the report said

UN body adopts human rights protections for carbon market mechanism

The move seeks to empower vulnerable communities and individuals