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Why Businesses Need Climate Transition Plans Now More Than Ever

Why Businesses Need Climate Transition Plans Now More Than Ever

Key Impact Points: The Importance of Climate Transition Plans Climate transition plans (CTAPs) are becoming a crucial part of corporate sustainability efforts. By 2025, European regulations will require companies to disclose their CTAPs or justify why they don’t have one. This shift represents a significant push towards transparency and accountability

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COP29: What’s at Stake Now

COP29: What’s at Stake Now

Key Impact Points: COP29 Kicks Off Amid Global Tensions The 2024 UN climate summit, COP29, has begun in Baku, Azerbaijan, drawing over 32,000 participants from 198 countries. This summit, branded the “finance COP,” aims to secure greater funding for climate action and emissions reduction, especially for lower-income countries. Yet, controversy

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COP29 Glossary- Key Climate Terms Explained

COP29 Glossary: Key Climate Terms Explained

3 Key Impact Points: Understanding COP29’s Climate Jargon With climate negotiations becoming more complex each year, COP29 in Baku is set to tackle a broad range of terms integral to global discussions. Here’s what to know: UNFCCC and COP UNFCCC stands for the United Nations Framework Convention on Climate Change.

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5 Important Climate Questions for the Next US Administration

5 Important Climate Questions for the Next US Administration

Key Impact Points: 1. Will the Inflation Reduction Act Face Modifications? A critical question for the upcoming administration is the future of the Inflation Reduction Act (IRA). Trump has indicated plans to cut or scale back funding for the IRA, which currently supports renewable energy projects and investments. This could

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COP29: Global Solar Capacity Reaches 2 TW Milestone, On Path to Climate Goal

COP29: Global Solar Capacity Reaches 2 TW Milestone, On Path to Climate Goal

Record-Breaking Solar Capacity Global solar capacity has reached a historic 2 terawatts (TW), according to exclusive data from the Global Solar Council shared with Reuters. This figure represents a surge in solar power deployment, with the last two years alone contributing more capacity than the previous 68 years combined. Comprehensive

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Lloyd’s and United Nations Capital Development Fund (UNCDF) Launch Disaster Resilience Vehicle for Pacific Island Nations

Lloyd’s and United Nations Capital Development Fund (UNCDF) Launch Disaster Resilience Vehicle for Pacific Island Nations

Key Impact Points: Enhancing Resilience for Climate-Vulnerable Communities In a first-of-its-kind move, Lloyd’s has joined forces with the United Nations Capital Development Fund (UNCDF) to introduce a disaster resilience vehicle aimed at delivering critical disaster risk financing to Pacific island nations. This groundbreaking initiative will initially provide protection for communities

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TOP 10 cleantech trend in 2024

Top 10 Cleantech Trends in 2024

Key Impact Points Cleantech Investment Surge Clean energy technology investment in 2024 is forecasted to reach nearly $800 billion, a significant increase from 2023. This momentum is largely driven by solar investments, which will account for 55% of the total spend, while onshore wind follows closely. Battery energy storage and

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