Climate

Azerbaijan confirmed as host of COP29

The COP29 Presidency has made significant progress and will be ready to deliver a world-class event, said COP29 President-Designate

China’s Xinjiang begins operating world’s largest solar plant

The solar plant will generate about 6.09 billion kilowatt hours of electricity each year

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

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

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

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

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

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

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

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

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

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

UN body adopts human rights protections for carbon market mechanism

The move seeks to empower vulnerable communities and individuals

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

Dominican Republic seeks renewable energy cooperation with UAE to combat climate change

Caribbean officials highlighted UAE renewable energy investment opportunities and mutual benefits

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

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

Navigating the intersection of climate change and financial markets

Devising mechanisms to transfer energy from surplus to deficit countries