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Tag Archives: decarbonisation

UK announces plans for a world-leading hydrogen economy

Kwasi Kwarteng

The UK’s first-ever Hydrogen Strategy will unlock over £4 billion in investment and create thousands of jobs in the move to establish a thriving low carbon hydrogen sector in the UK by 2030. UK Business and Energy Secretary, Kwasi Kwarteng. Photo credit: Pippa Fowles / No 10 Downing Street The plan will drive forward the Prime Minister’s ambitious 10-Point Plan ...

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Accelerating supply chain decarbonisation

Ovais Sarmad

UN Climate Change has partnered with the Rocky Mountain Institute (RMI) in a new framework to establish a harmonised carbon accounting method to correctly measure and attribute the environmental impact of material and energy supply chains. Ovais Sarmad, Deputy Executive Secretary of UN Climate Change Secretariat The Coalition on Materials Emissions Transparency (COMET) Framework will address a fundamental gap in ...

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DHL draws roadmap to decarbonisation, invests €7bn in climate-neutral logistics

Frank Appel

The world’s leading logistics company, Deutsche Post DHL Group, is increasing the pace of its planned decarbonisation of the company by investing a total of €7 billion over the next 10 years in measures to reduce its CO2 emissions. Frank Appel, CEO of Deutsche Post DHL Group The funds will flow in particular into alternative aviation fuels, the expansion of ...

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GE clamours deployment of renewables, gas power to drive decarbonisation

Scott Strazik

Building on its commitment to carbon neutrality in its operations by 2030 and announced intention to exit the new-build coal power market, GE on Monday, December 21, 2020 shared its position that the accelerated and strategic deployment of both renewable energy and gas power can make substantial progress in combatting climate change in the near-term, while securing a path to ...

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Investors aligning portfolio decarbonisation targets with 1.5°C scenario

Günther Thallinger

The Net-Zero Asset Owner Alliance, composed of 30 of the world’s largest investors representing $5 trillion in assets, has published for public consultation a protocol establishing five-year portfolio decarbonisation targets, consistent with a maximum temperature rise of 1.5°C above preindustrial levels. Günther Thallinger, Alliance Chair and Member of the Board of Management, Allianz SE Convened by the UN Environment Programme Finance ...

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Siemens energy forum to boost sustainability, decarbonisation agenda

Dietmar Siersdorfer

Siemens Energy and partners are holding a Middle East and Africa focused virtual conference, entitled “Shaping the Energy of Tomorrow” from October 19 to 21, 2020 to drive forward the sustainability and decarbonisation agenda at a defining moment in the energy industry. Dietmar Siersdorfer, Siemens Energy Middle East Managing Director With the long-term impacts of Covid-19 and a fundamental shift ...

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Schemes aim at decarbonising El Salvador’s energy supply

solar panels

An inter-ministerial Dialogue has launched discussions on domestic climate finance needs for El Salvador’s Nationally Determined Contribution (NDC), and it’s National Climate Change Plan. Both plans aim at decarbonising El Salvador’s energy supply by increasing the use of renewable energy, while improving energy efficiency, land management, urban planning and transportation. The dialogue took place recently as part of El Salvador’s ...

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