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Climate
Asia
China leads affordable EV charge as global transition faces challenges: Report
This is primarily driven by the near price parity between battery-electric vehicles (BEVs) and internal combustion engine (ICE) vehicles in the country
Asia
China power sector achieves $16.5 billion in completed clean energy projects in Q1 2024
The magnitude of clean energy projects currently under construction in China surged to 512.05 GW during the quarter
Sustainability
Clean tech manufacturing investments reach $200 billion in 2023, up 70 percent: Report
China accounted for three-quarters of the total investments in this field, according to the report
Asia
Abu Dhabi’s Mubadala backs Japan’s 108GW solar target with inaugural renewable energy investment
PAG REN I platform will play a critical role in supporting large corporations across Japan as they transition to clean energy
Europe
Google’s $1.1 billion investment in Finnish data center aims to power AI growth in Europe
Finland's wind power capacity has increased so rapidly in recent years, by 75 percent to 5,677 megawatts in 2022 alone
Sustainability
Saudi Arabia’s Aramco inks three agreements with U.S. companies for lower-carbon energy solutions
Agreements align with Aramco's ambition to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions
Sustainability
Global market for energy transition minerals forecast to reach $770 billion by 2040: Report
The market value of key energy transition minerals is around $325 billion
Asia
China’s LNG imports forecast to surpass 79 million tons in 2024, PetroChina official says
China shipped nearly 20 million tons of LNG already in the first quarter of 2023
Sustainability
UN body adopts human rights protections for carbon market mechanism
The move seeks to empower vulnerable communities and individuals
Asia
South Korea, Asian Development Bank sign $2 billion agreement to support development projects
The cofinancing will support projects that include climate change, transportation, energy, agriculture, ICT
Sustainability
Dominican Republic seeks renewable energy cooperation with UAE to combat climate change
Caribbean officials highlighted UAE renewable energy investment opportunities and mutual benefits
Africa
Africa faces $277 billion annual climate adaptation funding shortfall, warns African Development Bank President
Adesina said the devastating African drought demands urgent, collective action to boost support and financing
Europe
Abu Dhabi’s Tadweer Group, Britain’s Levidian partner to tackle waste decarbonization in the UAE
The two companies set to launch pilot project in Abu Dhabi by end of 2024
Banking & Finance
EIB approves $4.57 billion for business, climate action and energy across Europe
EIB signed €88 billion in new financing for over 900 projects in 2023
Features
Navigating the intersection of climate change and financial markets
Devising mechanisms to transfer energy from surplus to deficit countries
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