IEA and B20 call on the G20 to accelerate clean energy transitions
The Business 20 (B20) and the International Energy Agency (IEA) have issued a Joint Statement calling on G20 leaders to accelerate clean energy transitions for a resilient recovery, coinciding with a series of G20 Ministerial meetings involving ministers of environment and energy. The Covid-19 pandemic has led to a historic, yet temporary, decline in energy […]
Nuclear ‘should have extended role’ in clean energy mix
With the world looking to consolidate ventures in cleaner and greener electricity sources post-COVID-19, electricity from nuclear sources offer a key option. The World Nuclear Association in a recent study states the opportunity for governments to invest in nuclear energy, which addresses the COVID-19 crisis and manages issues such as climate change, air pollution and energy crisis. Somik […]
Insurers eye ‘billions of pounds’ in clean energy investments
The insurance industry has put forward ideas to make it easier for the financial sector to invest in greener assets, which it says will unlock billions of pounds worth of funds to tackle climate change. According to the Association of British Insurers (ABI), the UK’s insurers alone hold over £1.8 trillion in invested assets, plus […]
Corporate clean energy buying surged to new highs in 2018
Corporations purchased 13.4 gigawatts of clean power through long-term contracts globally last year, more than doubling 2017’s total, helped by demand from new industries and previously untrodden markets. Research from BloombergNEF (BNEF) has highlighted a wave of smaller corporate energy buyers aggregating their purchases, and the first corporate clean energy power purchase agreements in markets […]