Absa approves climate resolution

Absa Group shareholders have agreed that the African bank should include in its reporting next year an assessment of its exposure to climate-change risk in its lending portfolios. The company should also disclose opportunities to finance climate-change mitigation, shareholders of the Johannesburg-based lender voted at Absa’s annual general meeting. The board is not bound to […]

Germany Exceeds 50% Renewable Energy Use Milestone

Germany’s target for renewable energy sources to deliver 65% of its consumed electricity by 2030 seemed on track Wednesday, with 52% of electricity coming from renewables in 2020’s first quarter. Renewable energy advocates, however, warned the trend is imperiled by slowdowns in building new wind and solar plants. The federal BDEW energy and water federation and Baden-Württemberg state’s ZSW solar […]

COVID-19: Virus threatens to ‘derail’ green growth IEA expert calls for global support for clean energy sector in face of global pandemic

A top global energy expert has warned that COVID-19 threatens to ‘derail’ the progress of the global renewables industry. More than ever, governments will be central in tackling these challenges and determining the pace of deployment of renewables, said Heymi Bahar, senior analyst for renewable energy markets and policy at the International Energy Association (IEA). […]

Ofgem sets out nine-point plan to prioritise climate crisis

Britain’s energy regulator has said it will change how it governs the industry to help meet the government’s climate targets, after coming under fire for failing to prioritize the climate emergency. The regulator published a wide-ranging climate action plan on Monday, which aims to help get 10m electric vehicles on our roads by 2030 and […]

Is climate change making you anxious?… . . . here are coping tips from psychologists

Between news of devastating natural disasters, horrifying scientific predictions, and the infuriating lack of political will to do anything about it all, it seems we can’t catch a collective breath at the moment. some days, news about the climate crisis feels like a heavy weight on my chest. And I’m not alone. Some of us […]

‘West not doing enough to fight climate change’

A Parliamentary delegation attending a climate change conference in Madrid, Spain, yesterday slammed developed nations particularly from the West for paying lip service to the effects of climate change. The delegation told a Conference of Parties to the United Nations Framework Convention on Climate Change (COP25) that Western nations such as Britain were not walking […]

Solidarity key to halting climate change impacts in Africa

Since 2011, African climate diplomats, Government ministers, activists and journalists have met on the sidelines of the annual UN climate change summit to rally support for the continent’s cause, often relegated to the backwaters in negotiations dominated and monopolised by wealthy Western countries. The meeting occurs on a special day aptly called “Africa Day” mirroring […]

How climate change impacted world in 2019

MADRID. – The year 2019 concludes a decade of exceptional global heat, retreating ice and record sea levels driven by greenhouse gases from human activities. Average temperatures for the five-year (2015-2019) and ten-year (2010-2019) periods are almost certain to be the highest on record. 2019 is on course to be the second or third warmest […]

Singapore wants to trade renewable energy with its neighbors

Singapore’s state-owned power grid operator wants to build more connections to neighboring countries to tap their greater potential for renewable energy. Nations like Malaysia and Indonesia have ample spare land for solar panels and enough wind to power turbines, both things that Singapore is lacking, Wong Kim Yin, chief executive officer of SP Group, said […]

In the Fight Against Climate Change, Not All Forests Are Equal

Forests are a great bulwark against climate change, so programs to reduce deforestation are important. Those efforts usually focus on stopping the destruction in areas where it is already occurring. But a new study suggests these programs would do well to also preserve forests where deforestation and degradation haven’t begun. Gradual loss of these largely […]