Tag Archives: Paris Agreement

MAHLE Group Achieves Science-Based Climate Targets in Line with Paris Agreement

(IN BRIEF) The MAHLE Group has received confirmation from the Science Based Targets initiative (SBTi) that its climate targets align with the goals of the Paris Agreement and are scientifically sound. The automotive supplier has committed to reducing its Scope … Read the full press release

EBRD contributes to Uzbekistan’s renewable energy sector with $205m solar plant investment

(IN BRIEF) The EBRD is investing $205 million in the construction of three greenfield solar power plants in Uzbekistan. The financial package will be provided to Abu Dhabi Future Energy Company (Masdar), with expected co-financing from the Asian Development Bank, … Read the full press release

EBRD Provides $199.96m to Improve Irrigation Efficiency in Uzbekistan’s Fergana Valley

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to $199.96 million to Uzbekistan to upgrade the irrigation system in the heavily populated Fergana Valley. The funds will be used to modernize … Read the full press release

Baltic Pipe Project Passes DNV Certification, Bringing New Gas Supply Options to Denmark and Poland

(PRESS RELEASE) BÆRUM, 5-Jan-2023 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced the issuance of a Certificates of Conformity (CoC) for the Baltic Pipe project to Energinet, the Danish national transmission system operator for electricity … Read the full press release

Vattenfall reviews the option to divest its Berlin Heat business

(PRESS RELEASE) STOCKHOLM, 4-May-2022 — /EuropaWire/ — Vattenfall, a Swedish Government-owned multinational power company, has announced the company is undergoing a strategic review on how the company can best contribute to the energy transition and will investigate whether it should … Read the full press release

Vattenfall prüft die Option, sein Berliner Wärmegeschäft zu veräußern

(PRESSEMITTEILUNG) STOCKHOLM, 4. Mai 2022 – /EuropaWire/ – Vattenfall, ein schwedisches staatliches multinationales Energieunternehmen, hat angekündigt, dass das Unternehmen einer strategischen Überprüfung unterzogen wird, wie das Unternehmen am besten zur Energiewende beitragen kann und wird prüfen, ob es sein Berliner … Read the full press release

Airbus, Rolls-Royce, Safran and Singapore Airlines join the Global SAF Declaration to accelerate SAF usage

(PRESS RELEASE) LONDON, 15-Feb-2022 — /EuropaWire/ — Airbus (EPA: AIR), a European multinational aerospace corporation, Rolls-Royce (LSE:RR., ADR:RYCEY), the pre-eminent engineering company with focus on world-class power and propulsion systems, Safran (EPA: SAF), a French multinational aircraft engine, rocket engine, … Read the full press release

Corporate Knights names the Danish wind energy leader Vestas the world’s most sustainable company in its 2022 ranking

(PRESS RELEASE) AARHUS, 19-Jan-2022 — /EuropaWire/ — Vestas Wind Systems A/S (CPH: VWS), a Danish global leader in sustainable energy solutions, has announced it has been named the world’s most sustainable company in the 18th annual ranking of the world’s … Read the full press release

EBRD to loan EUR 20 million to Bulgarian copper producer Sofia Med AD

EBRD €20 million loan to Sofia Med Funds to boost the capacity expansion investment Sofia Med to develop and implement a low-carbon strategy (PRESS RELEASE) LONDON, 27-Dec-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral … Read the full press release

TotalEnergies and the Government of Suriname sign carbon credit exchange agreement

(PRESS RELEASE) PARIS, 19-Nov-2021 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, announces the signing of agreement with the Government of Suriname, to support its national strategy to reduce greenhouse gas emissions by preserving forests … Read the full press release

COP26: Schneider Electric’s Back to 2050 report on long-term impact on energy usage and associated CO2 emissions in light of disruptive technologies

New Schneider Electric report outlines “Back to 2050” decarbonization scenarios Schneider experts on the ground in Glasgow to advance decarbonization insights and solutions with business partners, climate experts and influencers (PRESS RELEASE) RUEIL-MALMAISON, 29-Oct-2021 — /EuropaWire/ — Schneider Electric (EPA: … Read the full press release

EQT’s science based targets approved and validated by the SBTi

EQT accelerates its journey to address climate change by defining ambitious greenhouse gas emission (“GHG”) reduction targets, encompassing both its own and its portfolio investments’ operations EQT becomes the first private markets firm to formalize science based targets through the … Read the full press release

Amanda Blanc, Group CEO Aviva PLC: We need to unlock trillions of private finance to speed up the transition to net zero

(PRESS RELEASE) LONDON, 11-Oct-2021 — /EuropaWire/ — Global financial services industry calls on G20 governments to help build a Net Zero economy and meet the goals of the Paris agreement ahead of COP26. The Call to Action includes specific policy … Read the full press release

Schneider Electric to digitize and analyze data to improve Alfa Laval’s energy performance and operational efficiency

(PRESS RELEASE) LUND, 15-Sep-2021 — /EuropaWire/ — Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, has announced it extended global collaboration with Schneider Electric to digitize and analyze data to improve operational efficiency. The two … Read the full press release

Garanti BBVA becomes the first and only Turkish bank to join the Net-Zero Banking Alliance (NZBA)

(PRESS RELEASE) BILBAO, 3-Sep-2021 — /EuropaWire/ — Garanti BBVA, Turkey’s second largest private bank and part of Spanish bank BBVA, has announced it is joining the United Nations’ Net-Zero Banking Alliance thus becoming Turkey’s first and only bank to join … Read the full press release

Polish Green Building Council and EBRD publish new report on ambitious roadmap to decarbonise Poland’s construction sector by 2050

(PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — New study published today by the Polish Green Building Council (PLGBC) in cooperation with the European Bank for Reconstruction and Development (EBRD) outlines how buildings play a crucial role in Poland’s effort to … Read the full press release

Cummins and Iberdrola to accelerate green hydrogen production and develop business opportunities in electrolyzer market in Spain

(PRESS RELEASE) BILBAO, 24-May-2021 — /EuropaWire/ — One of the world’s largest energy companies Iberdrola and global power leader Cummins Inc. (NYSE: CMI) together with government leaders announce its plans for one of the world’s largest electrolyzer plants for the … Read the full press release

Aviva commits to become a Net Zero carbon emissions company by 2040

Aviva takes on the most demanding target of any major insurance company in the world today (PRESS RELEASE) LONDON, 1-Mar-2021 — /EuropaWire/ — British multinational insurance company Aviva announces its plan to become a Net Zero carbon emissions company by … Read the full press release

SUEZ and FERMENTALG to address growing climate emergency through innovative solutions based on biomimicry for the capture and recovery of CO2 in bioproducts

(PRESS RELEASE) PARIS, 5-Jan-2021 — /EuropaWire/ — SUEZ and FERMENTALG, a key French player and expert in the research and bio industrial exploitation of micro-algae, strengthen their cooperation following a five-year partnership, and to address the growing climate emergency through … Read the full press release

Vodafone Group CEO Nick Read: today we have pledged to become fully ‘net zero’ by 2040

(PRESS RELEASE) BERKSHIRE, 23-Nov-2020 — /EuropaWire/ — Vodafone (LON: VOD), a British multinational leader in technology communications, has announced today that it committed to reducing the company’s total global carbon emissions to ‘net zero’ by 2040. In addition, the group … Read the full press release

Capgemini Research Institute and right. based on science GmbH released their AI for climate action research

48% of organizations surveyed are using AI for climate action, resulting in reduced greenhouse gas emissions (GHG) and improved power efficiency (PRESS RELEASE) PARIS, 17-Nov-2020 — /EuropaWire/ — Capgemini Research Institute, Capgemini’s in-house think tank, and right. based on science … Read the full press release

Robeco strengthens commitment to sustainable investing with exclusion of investments in thermal coal, oil sands and Arctic drilling

(PRESS RELEASE) ROTTERDAM, 24-Sep-2020 — /EuropaWire/ — Asset management firm, Robeco announces its decision to exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds as an important next step in its sustainable investing approach. … Read the full press release

DNV GL report: we must transition to a clean energy future faster, much faster

Call for 10 times more solar power and five times more wind power, as well as a 50-fold increase in battery production for the 50 million electric vehicles needed every year for the next 10 years (PRESS RELEASE) ARNHEM, The … Read the full press release

Unilever: Renewable is doable: we now source 100% renewable electricity across five continents

Unilever: Renewable is doable: we now source 100% renewable electricity across five continents

Unilever advances on its RE100 goal: now sourcing 100% renewable electricity across five continents (PRESS RELEASE) LONDON/ROTTERDAM, 16-Sep-2019 — /EuropaWire/ — Unilever announced that it is making further progress on its RE100 goal as it works to become a ‘carbon … Read the full press release

European Commission presented series of initiatives for a modern and clean economy at the One Planet Summit in Paris

PARIS, 13-Dec-2017 — /EuropaWire/ — Two years after the Paris Agreement, the EU is firmly in the lead in fighting climate change. To that end the Commission announced a series of initiatives for a modern and clean economy at the One … Read the full press release

EIB partners with the Global Covenant of Mayors (GCoM) to accelerate the implementation of the Paris Agreement in cities and local governments

LUXEMBOURG, 13-Dec-2017 — /EuropaWire/ — As announced at One Planet Summit in Paris, the EU Bank is to collaborate with the Global Covenant of Mayors (GCoM) to help cities finance climate action and build greener cities for future generations. The new partnership is … Read the full press release