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UAE Plans to Invest $54 Billion by 2030 to Meet Sustainable Energy Demand

ESG Today

It was also the first country in the Middle East to set a net zero goal, which it announced in 2021, ahead of the COP26 climate conference. Notably, however, ADNOC also recently accelerated its goal to increase hydrocarbon production capacity to 5 million barrels per day by 2027 from its previous 2030 target.

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Schneider Electric Announces Additional Participation in First-of-Its-Kind Supplier Program To Advance Climate Action

3BL Media

Launched at COP26, the Energize program has educated hundreds of pharmaceutical suppliers. Amgen is well on the path to deliver net-zero for Scope 1 and Scope 2 carbon footprints as part of its 2027 ambition. LOUISVILLE, KY., The original Energize announcement can be found here.

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Ottawa vows to bring in methane emissions regs. Alberta promises to never implement them.

Corporate Knights

The new regulation, which broadly aligns with a similar effort in the United States, will eliminate the equivalent of 217 million tonnes of carbon dioxide pollution between 2027 and 2040 and deliver C$12.4 billion in “avoided global damages”, Environment and Climate Change Canada (ECCC) said in a release.

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Brazil to Require Mandatory Sustainability Reporting from 2026

ESG Today

From 2027, sustainability reporting will be required within three months after the end of the fiscal year, or simultaneously with the release of financial statements, whichever occurs first.

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The Business Imperatives of Sustainable Buildings

3BL Media

The report was launched at COP26 in Glasgow in November during the day dedicated to Cities, Regions and the Built Environment. For example, in the UK, consultation is currently underway to raise energy performance requirements for all private rented commercial buildings in 2027, and again in 2030.

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Malaysia Launches Consultation on Adoption of IFRS Sustainability Reporting Standards

ESG Today

The consultation follows the launch by the Malaysia Securities Commission of the ACSR last year, aimed at facilitating the use of the ISSB standards in a new National Sustainability Reporting Framework for Malaysia (NSRF), in addition to identifying and supporting other elements of the NSRF, including a framework for assurance and capacity building.

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Biomass power generation: A technology for the energy transition only?

Envirotec Magazine

In the aftermath of BREXIT and in view of COP26 in Glasgow in November 2021, the UK has been focussing on decarbonisation in relation to its infrastructure and power offerings. These subsidies are due to be paid until 2027 and there is little that can be done to change these subsidies under the terms of the existing contracts for difference.

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