Timberland vows net positive impact on nature by 2030
Fashion company Timberland plans its products to have a net positive impact on nature by 2030 – giving back more than it takes. The brand intends to improve biodiversity, water quality, and farmer wellbeing. The firm said it aims to fulfil the plan through the achievement of two goals: 100% of products need to be […]
Final turbine installed at Europe’s biggest onshore wind complex Fosen
The 1.06 GW Fosen complex in central Norway, Europe’s largest onshore wind power project, has seen its final turbine installed. The last of the 277 turbines supplied by Vestas was erected at the sub-project Geitfjellet, Recharge has reported, quoting the project’s majority owner, Norwegian state-controlled power utility Statkraft. Statkraft CEO Christian Rynning-Tønnesen has recently said […]
Earth Overshoot Day is August 22 but Balkans already spent most of 2020 environmental credit
The COVID-19 pandemic reduced the overconsumption of nature’s capacity to levels from 15 years ago, but it doesn’t guarantee a permanent reversal in the trend, according to data behind the Earth Overshoot Day model. If we look at the environmental impact by country from the start of the year, only one in the Balkans isn’t […]
TAQA, Masdar, EDF, JinkoSolar ink deal for 2 GW PV plant in Abu Dhabi
Al-Dhafra, which the United Arab Emirates claims would be the biggest single-site solar power facility in the world, will have 3.2 million panels, enough to supply 160,000 domestic households. A state-owned utility in Abu Dhabi signed a power purchase agreement for the 2 GW PV plant with TAQA and Masdar from the UAE and the […]
Plastic – between benefit and harm
Author: Danko Kalkan, Green Finance and Environmental Management Expert Plastic is undoubtedly one of the most significant contemporary materials. However, its overuse comes at a price. There is no material today that is as ubiquitous in everyday life as plastic. Its widespread use in all sectors – from packaging production to construction to the automotive […]
E-waste is mostly landfilled, harming environment instead of being recycled
The world is far behind international targets in tracking and recycling e-waste, a comprehensive report revealed and warned of hazards for health and the environment from improperly processing and landfilling used electrical and electronic products. The availability and widespread use of electrical and electronic equipment or EEE has led to unsustainable production models, consumption and […]
Climate change challenges for chemicals sector are increasing
Storms, floods, droughts and heat will disrupt the supply of chemicals as climate change impact grows, according to a report released by Lux Research, which cites hundreds of millions of dollars in damage so far on a global scale. Climate-related hazards are poised to massively disrupt the chemicals industry, on top of the lost earnings […]
Global investment in offshore wind power rises fourfold in first half of 2020
The allocation of funds for renewable energy from January to June outperformed data from most economic reports in the world, which can largely be attributed to offshore wind power. The sum of investment decisions in the subsector jumped 319% to USD 35 billion on an annual basis, topping the result from entire last year. The […]