BP and its partners have made a significant move in advancing Indonesia’s energy transition with a $7 billion investment in the Tangguh Ubadari Carbon Capture, Utilization, and Storage (CCUS) project. Set to commence in 2028, the project will enhance gas production and sequestration capabilities, marking a milestone for Indonesia as the country’s first large-scale CCUS […]
Continue ReadingThis Fund will be financed through the auctioning of up to 25 million allowances from the EU Emission Trading System (ETS), estimated to be worth around €2 billion. More than half will be invested in new renewable energy supply on the islands, including photovoltaic systems, offshore wind farms and stand-alone storage systems. The Fund will […]
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ExxonMobil is set to expand its chemical recycling operations in North America with a significant investment of over $200 million in its facilities in Baytown and Beaumont, Texas. This expansion is part of the global petrochemical giant’s broader strategy to enhance its sustainability efforts and meet its ambitious recycling goals. The expansion, which is expected […]
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In a recent development and as the global food industry grapples with escalating operational costs, labor shortages, and stricter sustainability mandates, food processors worldwide are reassessing their cold chain logistics strategies. The latest insights, based on the October 2024 report from Rabobank, titled “Do It or Buy It? Global Food Processors Rethink Logistics Outsourcing Strategies,” […]
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On August 30, 2024, the Ministry of Trade, Industry, and Energy (MOTIE) of South Korea announced revisions to the Enforcement Order of the Energy Use Rationalization Act, with the updated regulations set to take effect on September 1, 2024. These revisions modify the surcharge imposition timeline for automakers that fail to meet required fuel efficiency […]
Continue ReadingJane Whitfiled of Elite Law discusses the implications for charitieis in resppect of transparency and ESG Why Transparency Matters In an age where accountability is not just expected but demanded, transparency has become the cornerstone of responsible governance. This is particularly true for charities, whose purposes depend on public trust. Environmental, Social, and Governance (ESG) […]
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In a dramatic and unexpected turn of events, world leaders at the United Nations Climate Change Conference (COP29) in Azerbaijan reached an agreement on a landmark climate finance deal, where developed nations committed to contributing $300 billion annually to help developing countries combat and adapt to the devastating effects of climate change. This deal, which […]
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In a major development for the global sustainable finance landscape, the Council of the European Union has approved a groundbreaking regulation aimed at improving the transparency, consistency, and reliability of Environmental, Social, and Governance (ESG) ratings, the rules was enacted in the week ending 22/11/2024. The new rules are designed to bolster investor confidence in […]
Continue ReadingThe Journal of Ecology Editors are delighted to announce that Fernando Maestre is our Eminent Ecologist award winner for 2024! In recognition of his work, we asked Fernando to put together a virtual issue of some of his favourite contributions to the journal. Fernando has also written this blog series, and was interviewed by Richard Bardgett about about how he started his career in ecology, […]
Continue ReadingThe European Union has today released its first Biennial Transparency Report (BTR) at COP29, ahead of the end of year deadline. The submission of BTRs is a significant milestone in the implementation of the Paris Agreement, which marks the beginning of a new era of accountability and collaboration in the global fight against climate change, […]
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