Austria’s Road to the Completion of SDGs
Austria’s road to the completion of SDGs In 2021, Austria ranked 5th in the Energy Transition Index (ETI), which measures a Country’s progress in three dimensions: economic development, energy security and environmental sustainability. Only Denmark, Sweden, Norway, and Switzerland ranked better. In the Sustainable Development Goals overall ranking, Austria also ranks 5th with a score […]
The Downgrading Trend
The Downgrading Trend Why many asset managers are implementing a more cautious approach to ESG classification From January 2023 onwards, the second level of SFDR regulation will come into force, entailing new obligations on financial services providers and the introduction of RTS (Regulatory Technical Standard). Despite the SFDR’s honourable goal, its classification is creating a […]
The Earthshot Prize 2022
The Earthshot Prize 2022 The Earthshot prize is an award given to five winners that created some projects that could help our planet face some of the most important challenges nowadays. On 31 December 2019, Prince William announced the Earthshot prize after years of development. In particular, it would be given to five individuals or […]
The Key Role of Natural Gas As a Transition Fuel
The Key Role of Natural Gas As a Transition Fuel In recent years sustainable energy has surely been the center of attention, with worldwide spending on renewable energy surpassing even that on oil and gas, as stated by Goldman Sachs in one of its latest “Carbonomics” reports. However, despite the overall growth of the investments […]
At COP27 UN Chief Calls For Climate Solidarity Pact
At COP27 UN Chief Calls For Climate Solidarity Pact COP27: a new meeting was held the past few days, which further underlined that humanity has a choice, either to cooperate or perish. We are currently living in a situation where the Planet and its people are looking for some help, asking countries to make extra […]
Citi releases three climate research reports at COP27
Citi releases three climate research reports at COP27 On November 7, Citi announced the release of three reports regarding its climate research ahead of the 2022 UN Climate Change Conference (COP27) in Smarm El Sheikh, Egypt. The first one, Climate Finance – Mobilizing the Public and Private Sector to Ensure a Just Energy transition, […]
The Inflation Reduction Act and the Developing Countries’ Efforts to Fight Climate Change
The Inflation Reduction Act and the developing countries’ efforts to fight climate change. Up to this moment, 2022 has not been the best year for Asian emerging economies. A stronger dollar, rising interest rates and higher levels of inflation all seem to have hindered what was expected to be a year of revival. From today, […]
One More Step Against Greenwashing
One More Step Against Greenwashing The FCA (Financial Conduct Authority) is the financial market regulator in the UK, aiming to protect consumers, promote market competition and improve the integrity of the financial markets. The organization has recently confirmed that it is ready to release a set of new measures that will determine how different labels […]
Investors cautious about Australia’s green hydrogen ambitions
Investors cautious about Australia’s green hydrogen ambitions A particularly ambitious energy venture is currently being planned in northwest Australia as part of a pipeline of billion-dollar hydrogen projects across the country. The Asian Renewable Energy Hub is expected to cover approximately 6,500 km2 in the Pilbara mining region, with solar panels and wind turbines that […]
Major Banks Join Forces To Decarbonize Aviation Industry
Major Banks Join Forces To Decarbonize Aviation Industry