Climate Insider’s Post

The European Union is taking a bold step in the fight against climate change by investing €4.8 billion from emissions trading revenues into 85 groundbreaking net-zero projects across 18 countries! 🚀 Key Highlights: Massive Impact: This investment is projected to cut emissions by 476 million tonnes of CO₂ equivalent over the next decade. Innovative Focus: The funding will support advancements in clean technologies, renewable energy, energy storage, and net-zero mobility. Largest Investment Yet: This round marks the biggest since the Innovation Fund began in 2020, bringing total support to an impressive €12 billion! Commissioner Wopke Hoekstra highlighted that this initiative not only reduces emissions but also strengthens the EU's position as a leader in climate-neutral technologies. 🌱 These projects are set to be operational before 2030, aligning perfectly with the EU's vision for a sustainable economy. And there's more to come—the next call for proposals under the Innovation Fund is expected in December 2024! Together, we can pave the way for a cleaner, greener future! 🌍 #ClimateAction #Sustainability #Innovation #NetZero #EUInitiatives

US: -25, -6, -22, -14; EU: -19, -6, -14, -22. We are not giving lottery numbers, which at best would be positive, but rather the annual percentage performances from 2021 to 2024 (for the latter, it’s the performance for the first six months of the year) of the S&P Clean Energy Index and the ERIXP Index, two indices that measure the global and European trends of companies related to renewable energies, respectively. Massimiliano C., Portfolio Manager of AISM, talks about it in “Opportunity or opacity? - Renewable M&A”, 21st issue of the column "The Message - Sustainable Finance according to AISM".   #ESG #sustainable #Finance #GreenRevolution Enjoy the reading!

As Rabobank, we’ve placed sustainability at the heart of our strategy with our cooperative roots as key driver. And we’ve made significant progress. During the fourth edition of our Energy Transition on May 8, we shared the good news: we’re reaching the Energy Transition front runners, and the so called tipping point is approaching. However, we also face challenges: to make fully renewable energy possible by 2050, we need to reach the masses. But how do we activate them and ensure that everyone is involved in creating a future-proof energy system? This was the central question of our event, now renamed: “Reaching the Tipping Point”.  During the event, Kirsten Konst and Kees Vendrik provided us with the latest updates and refreshing perspectives on the transition progress. While we hear alarming messages and feel the urgency, we also see opportunities and develop hopeful initiatives that accelerate the transition. Lesson learned: never let barriers hinder action. A special thanks for Kees for the overview on progress and stimulating messaging! Marin Boon, Huib De Mulder, Herald Top and Adrian C.W. Leach presented the key Energy Transition achievements within their business lines, demonstrating that Energy Transition is not just a concept but a viable business model. We concluded the event with a panel discussion featuring Kirsten Konst, Kees Vendrik, Johan van de Louw and Eric Lücke, discussing the international, local and political context that sets the stage for the unfolding transition. The world is shifting from fossil fuels to renewables, and while we’re on our way, we must further accelerate and collaborate to fulfil the important promise we made in Paris – a promise society currently doesn’t fully comply with. Many thanks to all who attended, the speakers, and the team. Join the movement and let’s accelerate together.  #reachingthetippingpoint #energytransition #growingabetterworldtogether 

3. Power generation is not an “easy to decarbonise” sector The decarbonisation debate often refers to the “hard to abate” sectors like steel, aviation and shipping, implying that electric power is more straightforward. The bad news is that the power sector is not that easy either. China is a case in point. Last year, China installed a mind-blowing 257 GWdc of solar – eight times more than the US – in addition to 75 GWac of wind capacity. Yet even this was not enough to fully meet China’s 2023 electricity demand growth. Coal plants filled much of the gap. Across many Asian markets, it’s the same story as power demand growth outpaces the expansion of renewables. Investment in renewables and energy storage must scale up apace.

ERG has once again been recognized among the “Global 100 Most Sustainable Corporations in the World”, the ranking published by Corporate Knights that assesses over 7,000 listed companies worldwide with revenues exceeding USD 1 billion. In the 2025 classification, ERG has risen to 18th place overall, improving significantly from the 28th position in 2024, and has confirmed its position as the top Italian company in this prestigious ranking. The group also ranked first among 155 global companies in the ‘Independent Power and Renewable Electricity Producers’ category and second among 315 companies in the ‘Power Generation’ sector, moving up one position compared to last year. This result reflects the progress of our decarbonisation process, approved by the Science Based Targets Initiative as aligned with the threshold needed to limit global temperature increases to 1.5°C, as well as the alignment of our revenues with the EU Green Taxonomy and the broader ESG initiatives implemented by the Group. This recognition highlights the importance of integrating sustainability into every aspect of our strategy as we continue to work towards a greener future. Discover more: https://lnkd.in/dwDeRzrf #InspiringChangeToPowerTheFuture #SDGsContributors #greenenERGymakers #CorporateKnights #ESG #Sustainability

For emerging economies, clean energy isn’t just about sustainability—it’s a game-changer for: ✅ Energy Security: Reducing reliance on fossil fuels. ✅ Economic Growth: Driving sustainable development. ✅ Climate Goals: Meeting global targets for a greener future. But here’s the challenge: Current investment levels in these regions fall far short of what’s needed to transform energy systems. UK Businesses: Are you ready to lead the way in supporting clean energy initiatives and fostering global collaboration? Read on for more: https://heyor.ca/EOM2y8 #CleanEnergy #SustainableDevelopment #UKBusiness #GlobalCollaboration #EnergyInnovation

The global shift towards sustainability - involving #renewable energy and financial aspects - presents both challenges and opportunities for #energy-producing countries in the MENA region. As they navigate economic diversification and #green investments, collaboration and #innovation will be key to ensuring a sustainable future. Dive into the insights on how financial institutions and corporates can balance #energytransition with #economic growth: https://lnkd.in/dGmw3n2a

As 2024 Is Coming to a Close, Let's Talk About Balancing Investment in Clean Energy and Fossil Fuels A recent KPMG report released during #COP29 highlights a fascinating duality in global energy investment trends. While the push for clean energy is accelerating, many businesses continue to engage in fossil fuel projects. Key findings include: 🔹 #CleanEnergy Investment Momentum: 72% of executives expect clean energy investments to accelerate despite challenges like geopolitical uncertainty and high interest rates. Over the past two years: - 64% invested in energy efficiency technologies. - 56% directed funds toward #renewable and low-carbon energy. - 54% focused on energy #storage and #grid infrastructure. - 51% supported #transportation-related infrastructure. 🔹 #FossilFuel Reliance: Despite progress, 75% of surveyed businesses are still involved in fossil fuel projects, particularly natural gas, citing energy security concerns. This aligns with 2023 data showing record fossil fuel consumption, driven by #coal and #oil. 🔹 Massive Opportunity: The International Energy Agency (IEA) predicts that $2 trillion of the $3 trillion in global energy investments in 2024 will go toward clean energy technologies and infrastructure. 🔹 Challenges: Regulatory hurdles remain the top barrier to further investment, with 40% of executives highlighting #policy concerns. Market volatility also poses a significant challenge. 🔹 Collaboration is Key: 94% of executives emphasized the importance of partnerships to share risks and resources, enabling a faster and more efficient #transition. 🔹 Regional Insights: East Asia (43%), North America (39%), and Europe (35%) were identified as the most attractive regions for clean energy investments over the next two years. Elizabeth Ming, KPMG’s global sustainability leader, summed it up well: "We need a phased transition that delivers the change needed while maintaining returns for businesses and investors." The #EnergyTransition is a balancing act, blending innovation, collaboration, and regulatory clarity with the realities of fossil fuel reliance. What’s your perspective on how businesses can navigate this transition? Let’s discuss in the comments👇

Explore the transformative potential of carbon markets with Frost & Sullivan's latest #FrostPerspectives! Our Energy #ThinkTank delved into the evolution of carbon industry mechanisms, featuring expert analysis from industry leaders. Discover how embracing carbon pricing measures and leveraging digital technologies can drive growth and decarbonization. 🔗Unlock strategic opportunities in the carbon market landscape. https://hubs.la/Q02v7msg0 #CarbonMarkets #Decarbonization #EnergyTransition John Raspin | Jonathan Robinson | Mahesh Radhakrishnan | Milagros Andurell | Monisha Arumugam

We recently convened an online gathering with Sustainable Energy for All (SEforALL) of thought leaders to examine the nexus between energy access, corporate ESG, and state fragility, and to identify ways to address the clean energy finance gap in the hardest-to-reach markets. Three key insights from this engaging discussion include: 1️⃣ The necessity of expanding private sector financing in fragile countries 2️⃣ The opportunity to combine environmental and social impact in clean energy procurement 3️⃣ The key role of incentives to expand private sector support for energy access Learn more in our latest blog here: https://lnkd.in/eAX5mHPK