Households in UK are earning money by consuming green electricity
The rise in the share of renewables in the system requires more flexibility to keep the grid in balance. This spring the energy system in the UK was occasionally challenged by the fall in consumption due to COVID-19 and increased production in solar and wind power plants. In order to help overcome the issue, supply […]
Preventing illegal wildlife trade helps avoid zoonotic diseases
COVID-19 is a deadly zoonotic disease and there is an urgent need to reduce the risk of similar outbreaks. Preventing illegal wildlife trade is a good place to start. “Illegal wildlife trade contributes to habitat destruction, which removes necessary buffer zones between humans and wild fauna, making it more likely that animal pathogens come into […]
Finance in Motion releases impact investment report Road to Impact
In 2019 Finance in Motion advised funds which had facilitated over 70,000 new loans to small businesses and households and were helping prevent the emission of more than 870,000 tons of CO2 every year, according to its annual impact investment report Road to Impact. The asset manager said that by the end of last year […]
World Economic Forum: Slovenia best ranked among SEE countries in energy transition
The World Economic Forum warns the coronavirus pandemic is about to establish a new normal in all aspects and that it could erase recent progress in the switch to renewables and energy efficiency. In an annual report, it called on greater collaboration and a change in the approach to energy. The World Economic Forum placed […]
Limited natural resources and (over)ambitious economic goals
Author: Danko Kalkan, Green Finance and Environmental Management Expert The large-scale exploitation of natural resources to support economic growth is leading to a bad scenario, with available resources shrinking and becoming more expensive. At the same time, the loss of value of these resources, due to ever-shorter product lifespans and the generation of enormous quantities […]
Low costs boost demand for renewables during coronavirus crisis
Green energy has been the most resilient to the effects of lockdowns worldwide, said Dave Turk, Acting Deputy Executive Director of the International Energy Agency. The demand for renewables is seen growing 1% this year, while the coronavirus impact may push the level in the overall energy sector as much as 6% lower, according to the […]
Plastic Waste Partnership launches photography contest
The Plastic Waste Partnership (PWP) has launched a photography contest to promote outreach, education, and awareness-raising on the global plastic waste crisis. The contest welcomes entries from all walks of life: from amateur to professional photographers, of all ages. The Basel Convention, the UN’s multilateral environmental treaty on the prevention, minimization, and sound management of […]
Abu Dhabi gets world’s record low solar power price offer
A local utility from the United Arab Emirates is starting talks with a consortium which offered to build a 1.5 GW photovoltaic plant and sell electricity for USD 13.5 per MWh. The bid by EDF and JinkoSolar broke the record set this year in Qatar. Solar power has never been cheaper at utility scale. Électricité […]