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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.

Net Zero 111
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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.

COP26 137
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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. Throughout the report we stressed that we’re not just talking about the state-of-the-art city development. What was WSP’s role in helping WorldGBC present the business case for green buildings?

Net Zero 130
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Malaysia Launches Consultation on Adoption of IFRS Sustainability Reporting Standards

ESG Today

Noting these developments, the consultation paper said: “In light of the growing support and demand for use of the ISSB Standards, alignment with these developments is exponentially crucial for Malaysia as an export-oriented country that is intricately integrated into global supply chains.”

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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.

Net Zero 105
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Scottish floating offshore wind port cluster could deliver £1.5bn boost

Envirotec Magazine

Industry must learn from sectors like oil and gas and develop a collaborative framework that can make explicit the expected future requirements of the offshore wind sector. Scottish projects installed between today and 2027 may produce a total lifetime spend of £18.8 Offshore wind is a major economic opportunity for Scotland.