India-anchored ESG intelligence
Australia has committed to net-zero emissions by 2050 and a 43% reduction in greenhouse gas emissions from 2005 levels by 2030, but has no comprehensive national strategy to achieve either goal, accor…
29 Jun 2023
The Institute for Energy Economics and Financial Analysis has submitted to Australia's Climate Change Authority that the country cannot achieve its emissions reduction targets through sector-by-sector…
29 Jun 2023
New analysis of Grid India data shows that the daily minimum temperature explains 88% of Delhi's electricity consumption variation — significantly more than the daily maximum temperature at 60% — a fi…
29 Jun 2023
Australia's energy transition objectives are riddled with internal inconsistencies and lack a coordinated implementation plan, according to a new report by IEEFA Australia chief executive Amandine Den…
29 Jun 2023
The UK and France jointly launched the UK-French Global Biodiversity Credits Roadmap at the Summit for a New Financial Pact in Paris on 22-23 June 2023, to expand the market for biodiversity credits. …
25 Jun 2023
Canadian Pacific Kansas City and CSX announced a joint venture to build and deploy hydrogen conversion kits retrofitting diesel locomotives with fuel cells and battery technology. The collaboration de…
24 Jun 2023
A joint IEA-IFC report found annual clean energy investment in emerging and developing economies must more than triple, from $770 billion in 2022 to up to $2.8 trillion by the early 2030s, to meet ene…
23 Jun 2023
Tesla returned to the S&P 500 ESG Index effective 1 May after disclosing its physical climate risk evaluation and ESG supply-chain considerations, a year after removal over discrimination and autopilo…
23 Jun 2023
UNESCO released a regional report analysing how climate change and displacement compromise the right to education in Central America and the Caribbean, drawing on case studies from five countries. The…
22 Jun 2023
The Canadian government committed $350 million to the Initiative for Sustainable Aviation Technology (INSAT) to support the aerospace sector's green transformation toward net-zero by 2050. The state-b…
21 Jun 2023
Pakistan's flagship 600-megawatt solar power project at Muzaffargarh attracted no bids despite multiple deadline extensions and a package that included land provision, a 25-year guaranteed offtake, ta…
16 Jun 2023
South Korea's state-owned electricity provider Korea Electric Power Corporation reported an operating loss of 6.2 trillion South Korean won (approximately US$4.8 billion) in the first quarter of 2023,…
16 Jun 2023
A new report by the Institute for Energy Economics and Financial Analysis argues that NTPC, India's largest power producer, should acquire and revive 6.1 gigawatts of stranded thermal power plants rat…
15 Jun 2023
An IEEFA presentation reviewing decades of technical literature on Norway's Sleipner and Snohvit carbon capture and storage projects concludes that both facilities experienced major unexpected deviati…
14 Jun 2023
Australia's Northern Territory government has proposed a multi-industry gas and petrochemicals hub at Middle Arm, anchored by hydraulic fracturing of the Beetaloo Basin and natural gas from the Baross…
14 Jun 2023
New IEEFA research into Norway's Sleipner and Snohvit offshore carbon capture and storage projects — the two facilities most frequently cited as proof of the technology's viability — has uncovered sig…
14 Jun 2023
The Greenhouse Gas Protocol published a draft summary of feedback from its Corporate Standard survey, which received 375 responses during the November 2022 to March 2023 consultation period. The summa…
12 Jun 2023
Central banks from India, Indonesia, and Brazil convened a virtual roundtable in June 2023 to address the challenges emerging economies face in managing climate-related financial risks. The event, co-…
9 Jun 2023
Despite signing the Net Zero Banking Alliance in October 2021, Macquarie Group has taken major stakes and issued loans to oil and gas companies with aggressive expansion plans totalling nearly A$5 bil…
8 Jun 2023
STEAG, a German municipalities-owned coal power utility, has yet to publish a coal phase-out strategy despite operating 4.1 gigawatts of coal-fired generation and facing a national coal exit deadline …
1 Jun 2023
The planned sale of Germany's state-owned coal utility STEAG could derail the country's coal exit strategy unless a binding decommissioning plan is attached to the sale process, according to an IEEFA …
1 Jun 2023
Most oil and gas companies in the Asia-Pacific region have adopted a wait-and-see approach to decarbonisation and lack detailed implementation plans for phasing out fossil fuel production, according t…
1 Jun 2023
The sale of German municipal power utility STEAG to private equity firm Asterion Industrial Partners for approximately €2.6 billion threatens to extend the company's hard coal operations by up to eigh…
1 Jun 2023
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