Remove 2026 Remove Banking Remove COP26
article thumbnail

Dogger Bank C offshore wind farm reaches financial close

Renewable Energy World

SSE Renewables and joint venture partner Equinor have reached financial close on Dogger Bank C, the third phase of the offshore wind farm based in the UK. The total investment in Dogger Bank Wind Farm will be approximately £9 billion ($12 billion), with around £3 billion ($4 billion) allocated for phase C including offshore transmission.

Banking 106
article thumbnail

A Very African Climate Conversation

Chris Hall

Amin wants to build on the progress made at COP26, which included commitment from 197 countries to the Glasgow Climate Pact , reinforcing developed countries’ responsibility to fulfil their pledge of providing US$100 billion a year to developing countries to help them meet their Paris Agreement targets. billion over the next decade.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Decarbonisation Culture

Chris Hall

It has dedicated a C$2 billion envelope to sustainable land management in forest and agricultural land sectors by 2026. And, despite a few setbacks since launch at COP26 in 2021, the Glasgow Financial Alliance for Net Zero (GFANZ) should also survive, Millot posited.

article thumbnail

Shipping sets Sail for Greener Horizons

Chris Hall

“It’s an industry you can’t put on the internet; we will need shipping in the years to come, which means we have to ensure it is sustainable in the long term,” says Stephen Fewster, Global Head of Shipping Finance at Amsterdam-headquartered ING Bank. . We are also seeing more cooperation on green shipping between governments. .

article thumbnail

Why Sustainability Must Be Centered On Environmental Justice

Sustainability Update

Alok Sharma , president of the COP26 climate summit, held back tears in his closing speech at the climate change conference in Glasgow last November. By Gia Hoa Lam , G&A Institute, Sustainability Analyst Intern. degree C commitments.

Waste 52
article thumbnail

ESG Explainer: Can Climate Clubs Cut Carbon Emissions?

Chris Hall

According to a World Bank report , 68 existing carbon pricing regimes – covering 25% of GHG emissions – raised record revenues of US$84 billion last year, exacting record prices from polluters. How extensive is carbon pricing and why is it important to asset owners? But this didn’t stop last year also being a record for emissions levels.

article thumbnail

ESG Explainer: Electrifying Africa

Chris Hall

But energy investment would need to double this decade to more than US$190 billion each year from 2026 to 2030 (equivalent to 6.1% Multilateral Development Banks (MDBs) and DFIs are already heavily engaged in Africa’s green energy transition through a multiplicity of initiatives. . of GDP), with two ?