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The EC presented its Readiness 2030 whitepaper, outlining its strategic priorities for rebuilding Europes defence capabilities, and provided more detail on its 800 billion (US$867 billion) ReArm Europe plan. These can boost investment not only in defence, but also other critical objectives including the netzero transition.
Norway will require state-owned firms to set science-based emissions reduction targets, according to a new Norwegian Government whitepaper presented to the supreme legislature. trillion portfolio to set 2050 netzero targets “as a matter of urgency,” and for all portfolio companies to do so by 2040 at the latest.
Sharm El Sheikh sees progress on accountability and transparency of netzero pledges, but many admit need for regulatory intervention. . New mechanisms for keeping private sector climate promises have taken big steps forward at COP27 this week, while major banks provided limited visibility on their path to netzero. .
A new whitepaper published by the Mine Energy Taskforce and Local Energy Hub network has called for greater support for mine energy as a key low carbon heat source in the UK that can contribute to government’s ambition to reach netzero by 2050. Dawdon mine water treatment scheme (image credit: Copyright Coal Authority.
Deirdre Cooper, Co-Head of Thematic Equities and Co-Portfolio Manager of the Global Environment Fund at global asset manager Ninety One, says the world’s ability to meet netzero targets will depend on countries such as China and India. What are China’s stated netzero goals? GW of new plants (a net 29.8
The Biden administration’s decision to rejoin the ParisAgreement cements this view. For countries to meet their Paris targets, they’ll need companies to transition toward net-zero goals and to measure progress using standardized, auditable and reliable corporate data. . Going global. But measure how?
Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the ParisAgreement. Car manufacturer Toyota is facing (..)
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