
Global energy investments to recover in 2021 but far from net zero pathway
Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic.
Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic.
California has taken a major step towards launching the first commercial offshore wind energy program on the West Coast US, in a move which could spark a renewables boom in the region.
The EU’s greenhouse gas emissions fell by nearly 4% in 2019, data from Europe’s environmental watchdog has shown, largely driven by the heat and power sector.
EU Energy Commissioner Kadri Simson has said that renewable deployment targets will be increased as part of the Fit for 55 package due to be presented to the Commission in July.
The World Meteorological Organization (WMO) claims there is a 40% chance of reaching the watershed 1.5C global warming mark within the next five years, with odds increasing over time.
A new Atlas survey has found that global rangelands account for 54% of the world’s terrestrial surface – and despite offering immense carbon storage and biodiversity benefits they remain seriously threatened and consistently overlooked.
Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives for private investment, according to a new policy review by the International Energy Agency.
US Secretary of Energy Jennifer Granholm has been elected chair of the International Energy Agency’s next Ministerial Meeting – providing a key opportunity post COP26 for countries to advance work in line with the Paris Agreement.
A new WWF commissioned report reveals that nearly 30% of people surveyed across China, Myanmar, Thailand, Vietnam and the United States have consumed less or stopped consuming wildlife altogether because of the global health crisis.