archiveRSBI:CLIMATE-SOLUTIONS

118 countries back pledge to triple world's clean powerGoal would slash fossil fuel use this decadeSmaller club of countries plan to scale up nuclear energyDUBAI, Dec 2 (Reuters) - Governments launched new initiatives on Saturday to bolster clean energy and to wean themselves off fossil fuels at the U.N. climate summit in Dubai, where countries are grappling with how to halt the non-stop rise in planet-warming emissions.In one of the most widely supported initiatives, 118 governments pledged to triple the world's renewable energy capacity by 2030 at the U.N.'s COP28...

'Cop28 UAE' logo is displayed on the screen during the opening ceremony of Abu Dhabi Sustainability Week (ADSW) under the theme of 'United on Climate Action Toward COP28', in Abu Dhabi, UAE, January 16, 2023. REUTERS/Rula Rouhana/File Photo Acquire Licensing RightsNEW DELHI/BRUSSELS/WASHINGTON, Nov 21 (Reuters) - France, backed by the United States, plans to seek a halt to private financing for coal-based power plants during the U.N. climate conference later this month, three sources familiar with the deliberations told Reuters in India and Europe.The plan, which was communicated to India...

German Chancellor Olaf Scholz reacts as he presides over the "Compact with Africa" investment summit attended by French President Emmanuel Macron, European Commission President Ursula von der Leyen and African leaders in Berlin, Germany, November 20, 2023. REUTERS/Liesa Johannssen/Pool Acquire Licensing RightsBERLIN, Nov 20 (Reuters) - Germany will invest 4 billion euros in green energy projects in Africa until 2030, Chancellor Olaf Scholz said on Monday, noting these could in turn help Europe's largest economy achieve its own transition to carbon neutrality.Germany will need to import large quantities of green...

European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON, Nov 20 (Reuters) - A private fund that plans to build power projects on sites such as hospitals and data centres to reduce energy wastage has secured backing from the European Union's investment arm.The European Investment Fund (EIF) said it had invested 125 million euros in the 'Green Energy Solutions Fund', which is run by Sustainable Development Capital (SDCL).The investment helped the fund hit its fundraising target of 650 million...

Rocky Mountain Institute says BiCRS has potential to remove 5.5 gigtons of CO2 globally per yearBiochar accounts for over 90% of carbon credits; IPCC says it has 'signifiant mitigation' potentialCharm Industrial injecting bio-oil into abandoned oil wells, removing over 6,000 metric tons of CO2Puro.earth piloting woody biomass burials methodology; Zurich pre-paying for CO2 removal certificatesNovember 14 - Storing carbon in living biomass has long been touted as a solution to climate change, but as successive scandals and concerns about destruction by wildfires has dampened the market for tree-planting credits, many...