Boosting investments in carbon removal technologies

Boosting investments in carbon removal technologies Strategies to reduce emissions – such as increasing renewable energy or improving energy efficiency – are not sufficient per se to reach the global temperature target. An analysis by the National Academy of Sciences (NAS) and Intergovernmental Panel on Climate Change (IPCC) shows that, even with high investments in […]

Are passive funds over-investing in UK fossil fuel companies?

Are passive funds investing too much in fossil fuel companies? The think-tank Commonwealth delved into an issue regarding the financial sector, with particular attention on the UK, but that can be considered a worldwide phenomenon, starting from the US. In the paper “The Passive Revolution” by Buller and Hayes, it is shown that passive investments […]

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 […]

MAINSTREET PARTNERS: ESG BAROMETER REPORT REVEALS 70% OF EUROPEAN FUNDS NOT SUSTAINABLE

MainStreet Partners: ESG Barometer report reveals 70% of European funds not sustainable MainStreet’s first ESG Barometer report analyzes the state of ESG integration in European funds, following the progress made since Europe’s Sustainable Finance Disclosure Regulation (SFDR) came into effect one year ago, on March 10. It shows that 70% of funds still do not […]

EU presents amendments to the Taxonomy Act to accelerate decarbonization

EU presents amendments to the Taxonomy Climate Delegated Act to accelerate decarbonization But the choice of including nuclear and gas energy among the “green” ones was criticized by many On Wednesday the EU Commission, published the final text of its taxonomy for sustainable finance. The taxonomy is a classification system to guide private capital into […]

European Union is trying to paint nuclear energy green

European Union is trying to paint nuclear energy green. How the inclusion of nuclear energy in the sustainability’s taxonomy is spreading intense debates among European countries. With the beginning of the new year, the European Commission has released the updated version of its taxonomy, that defines which investments can be considered sustainable and which not, […]