ScottishPower Energy Networks (SPEN), the UK distribution arm of Iberdrola, has announced a €262 million (£220 million) investment to modernise and expand over 20,000 km of electricity grid infrastructure across Scotland and North West England. The initiative, part of SPEN’s ED2 business plan (2023–2028), supports the UK’s transition to electrification and net-zero goals while laying […]
Continue ReadingThe Commission has adopted a Delegated Regulation laying down rules for the monitoring, reporting and verification of aviation emissions for the purpose of implementing the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) of the International Civil Aviation Organization (ICAO) within the European Economic Area (EEA). The adoption of this Delegated Regulation aligns […]
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The U.S. Department of Energy (DOE) has rescinded funding for 24 clean energy projects, totaling over $3.7 billion, that were approved during the final months of the Biden administration. This move marks a significant policy shift under the Trump administration, which is scaling back federal support for industrial decarbonization and carbon capture initiatives.(reuters.com, axios.com) Notable […]
Continue ReadingXiaogai Ge, from the Research Institute of Subtropical Forestry of the Chinese Academy of Forestry, and Mai-He Li, from the Swiss Federal Institute for Forest, Snow, and Landscape Research in Switzerland, discuss their article: Drought Decreases Carbon Flux but Not Transport Speed of Newly Fixed Carbon from Leaves to Sinks in a Giant Bamboo Forest […]
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Source: Excerpts from an EBRD article by Anton Usov The European Bank for Reconstruction and Development (EBRD) is strengthening its support for climate resilience and gender-inclusive entrepreneurship in the Kyrgyz Republic through a new $8 million financial package to FINCA Bank Kyrgyzstan, one of the country’s leading microlenders. The funding is aimed at helping small […]
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Amprion GmbH has successfully secured €1 billion through a green dual-tranche bond offering, reinforcing its financial strength as a key enabler of Germany’s energy transition. Issued under its €9 billion debt programme, the bond will fund sustainable infrastructure that supports the country’s goal of a climate-neutral electricity grid. The offering was split equally into two […]
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The European Bank for Reconstruction and Development (EBRD) is strengthening its commitment to Türkiye’s tourism sector through a €25 million loan to Bartu Turizm Yatirimlari, a joint venture between German travel giant TUI Group and Akra Hotels. This initiative aims to support human capital development, expand employment opportunities, and enhance infrastructure in Antalya, which has […]
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For the first time, China has invested more in solar and wind energy projects abroad than in coal-fired power plants, marking a significant shift in its international energy financing strategy. Between 2022 and 2023, nearly 70% of China’s foreign power investments were directed toward renewable energy sources, such as solar and wind, surpassing fossil fuels […]
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Europe is losing ground in the global competition to secure access to Africa’s critical minerals, primarily due to its stringent environmental, social, and governance (ESG) requirements, according to two visiting fellows at the European Council on Foreign Relations (ECFR). In a recent analysis, the energy researchers argue that the European Union’s “ESG-first” approach is hampering […]
Continue ReadingMareike Kortmann and co-authors share a summary about their latest study which focusses on the ability of sample coverage to impact diversity measures of bird communities in tropical lowland forests. Tropical old-growth forests are disappearing at an alarming rate, leading to concerning biodiversity loss. But amidst this global decline, some forest areas are also recovering. […]
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