Global Investments in Clean Energy Match Spending on Fossil Fuels for the First Time
Global investment in clean energy equals spending on fossil fuels for the first time in history, according to an analysis by Bloomberg New Energy Finance (BloombergNEF or BNEF). In 2022, the world invested US$ 1.1 trillion in the transition to more sustainable and cleaner energy sources, approximately equal to the amount invested in the production of oil, gas […]
Investments in Energy Transition Technologies Reach US1TP4Q1.3 Tb in 2022
Global investment management firm Apollo Global Management Inc announced on Wednesday the launch of ACT Capital, a US$ 4 billion fund to invest in companies that are striving to transition to clean energy sources. This new fund is part of the sustainable investment target of US$ 50 […]
Expectations on the First Global Assessment of Climate Change
The First Global Assessment, a worldwide assessment of progress in implementing the Paris Agreement on climate change, has officially begun. The analysis, which began in 2022, will have its results presented at the Conference of the Parties (COP-28) in December 2023, chaired by the United Arab Emirates. The First Global Balance Sheet, also known as the Global Stocktake, was established […]
Electric Vehicles: Urban Mobility in the Sustainability Agenda
The number of electric vehicles on the world's roads reached a record last year, great news for those struggling to reduce dependence on fossil fuels that harm the global climate. However, with the growing popularity of electric cars, questions arise about their true sustainability. One of the points of concern is the […]
EIB Group Invests Record €17 Billion in Renewable Energy in 2022
The European Investment Bank (EIB) Group announced, through an equity report released in February 2023, that it has invested a record €17 billion in projects related to renewable energy, energy efficiency, energy storage and grid infrastructure. in 2022. This investment represents around 23% of the total […]
