Work on mobilising the global bond market to finance the low carbon transition has received an unexpected boost at the hands of the Covid-19 pandemic. Green bond issues are vastly oversubscribed as investors show a clear preference for putting their money into shifting society in a new and better direction
The world’s development banks are funnelling ever-greater volumes of finance into clean energy — but the challenge of shifting entire economies away from climate-wrecking activity and towards actions that align investment goals with those of the Paris Agreement requires a more holistic approach
Despite the massive economic downfall as a result of the Covid-19 pandemic and lockdown, there remains strong demand for renewable energy assets, suggesting the sector will not suffer as it did after the 2008 recession
An EU taxonomy to define green investments is expected to enter into force in 2021, but some experts want it to be used immediately to inform stimulus packages aimed at dealing with the social and economic fallout from the Covid-19 pandemic
To create demand for sustainable finance, governments should integrate climate criteria into their procurement and in how they draft policies and regulations
Electric cars as the best lower carbon replacement for the internal combustion engine is a done deal for many, but how to decarbonise the haulage sector is an ongoing debate. Increasingly, policy makers and truck manufacturers in Europe seem ready to embrace electric solutions for trucks as well as smaller vehicles
With the world facing an energy and a biodiversity emergency, realisation is growing that solutions need to be made compatible with sustainability in both areas
Energy Cities, a European association of local authorities, estimates a city will need between €1 billion and €3 billion to reach net zero emissions by 2050
Parked electric vehicles plugged into the electricity network with charged batteries could sell stored power back through the network. Nissan is the first to qualify a car battery system to sell its stored power into an existing market for primary regulation services to maintain grid frequency