GGF wins UN’s Principles for Responsible Investment award
This year’s winner of the UN-initiated Principles for Responsible Investment (PRI) award in the “Real-world impact initiative of the year” is Green for Growth Fund (GGF), one of the first specialized vehicles to invest in renewables and energy efficiency. The Principles for Responsible Investment was founded in 2006 by the UN Secretary-General Kofi Annan. Since […]
China completes world’s second-largest solar power plant
Huanghe Hydropower Development connected its photovoltaic park of 2.2 GW to the grid. The second-biggest solar power plant in the world is located in Qinghai, China, and includes an energy storage system of 202.9 MW supplied by domestic company Sungrow. It is part of a giant renewables project, which is planned to reach 16 GW. […]
China pledges carbon neutrality by 2060
China, the world’s largest emitter of greenhouse gasses, has pledged to become carbon neutral by 2060. The pledge was given by Chinese President Xi Jinping during his speech at the general debate of the 75th session of the United Nations General Assembly. Jinping spoke via video link. The pledge was given by Chinese President Xi […]
ColdHubs keeps farmers’ products cool with off-grid solar technology
Photovoltaic technology is becoming more affordable, which enabled ColdHubs of Nigeria to offer low prices for the use of its off-grid cold rooms. This year’s clim@ finalist’s invention is helping farmers and green market vendors preserve fruit and vegetables. Less food waste ultimately means less hunger. The tragical impression that perishing food makes in a […]
Ten lessons learned from the pandemic crisis to be applied in combating climate change
Author: Danko Kalkan, Green Finance and Environmental Management Expert at ProCredit bank What are the similarities and differences between the pandemic and climate crisis and why is the latter underrated? Although there are numerous similarities between these two types of crisis, they are fundamentally different. Still, there are several lessons we could learn and apply […]
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 […]