ClimateWise, a global network of 28 insurance industry organisations, has warned that this year’s natural disasters and extreme weather events have put 2017 on track to become the most expensive year on record for insurance claims.
Last week, the Volkswagen board approved an investment of $40 billion in electric vehicles, autonomous driving and electric mobility technology.
Norway’s $1 trillion fund is to consider divesting from oil and gas stocks to protect Norway’s economy from oil price risk.
According to a new report, approximately $20 billion of assets around the world have shifted away from coal operations due to concerns over climate risks.
On Monday, the 11th edition of the Climate Action publication was launched, where the world’s leading sustainability thinkers and policymakers provide detailed insights on the pathway to a low-carbon economy.
Premier Annastacia Palaszczuk announced on Sunday a new pledge of more than $150 million to expand renewable energy capacity in Queensland as part of the State’s commitment for renewables to provide 50 percent of its energy needs by 2030.
On Thursday, UN special envoy on climate change and philanthropist Michael Bloomberg announced a $50 million fund to extend the battle against coal to Europe.
UK-based banking giant has successfully issued a €500 million green bond - the first of its kind in the UK to use funds backed by domestic assets.
The London-based banking giant HSBC has pledged to provide $100 billion in sustainable financing and investment by 2025, as part of its set of commitments to support the transition to a low-carbon economy and promote sustainable growth.
There are now over 50,000 charging points in the US, according to a report released this week by the Electric Vehicle Charging Association (EVCA) on the state of California’s EV charging industry.
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13 March 2018
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