Canada Pension Plan Investment Board (CPPIB) issued its first Euro-denominated Green Bond. The sale of €1 billion in 10-year fixed-rate notes will enable CPPIB to invest further in eligible assets such as renewables. Among the Green Bond-eligible investments recently made by CPPIB is a joint venture in renewable power and offshore wind assets.
As the global community becomes more interested in- and aware of- the devastating impacts of climate change, more and more industries have shown a shift towards environmentally-friendly solutions. In this regard, Finnish technology group Wartsila presented some of the trends awaited in 2019 and significantly impacting the energy transition.
The Autonomous Operator of Parisian Transports published a press release according to which sixteen among Europe’s major companies initiate to push forward the development of sustainable finance, setting up the Corporate Forum on Sustainable Finance, ‘The Forum’. It is designed as a permanent network based on exchanging ideas and views and unites crucial ‘Green Issuers’.
The CMA CGM Group, a worldwide leading shipping group, has decided to support the financial and industrial development of Agricool, specializing in urban agriculture, based on recycled containers, in order to enable it to launch its industrialization phase. Several containers are currently being tested. The Group is now the main supplier of containers and the primary logistics and supply partner of this young company.
IRENA, the Assembly of the International Renewable Energy Agency, launched ‘A new World’ report, according to which, the Global Commission on the Geopolitics of Energy Transformation supports that the geopolitical and socio-economic consequences of a new energy age may be as profound as those which accompanied the alter from biomass to fossil fuels two centuries ago. These include changes in the position of states, the importance of new leaders, more energy actors, alter in trade relations and the emergence of new alliances.
The European Investment Bank (EIB) launched a new public consultation on energy financing to better reflect energy industry trends and to enhance its support for the European Union’s 2030 energy and climate targets. The next three months, EIB will engage with stakeholders, including shareholders, industry associations, civil society and the private sector to develop a new energy lending policy that supports EU targets.
The European Parliament signed new rules on renewables, energy efficiency and the governance of the Energy Union. This enables the European Union to move towards clean energy transition, and follow on the already adopted 2030 climate legislation, as well as meet the Paris Agreement goals.
support by smart data is said to totally transform power systems in the near future. Besides, by 2050, the world’s primary energy mix is expected to be split equally between fossil and non-fossil sources. However, which are the challenges and opportunities that data and IT systems are bringing to the energy era?
‘Energy Observer’, the world’s first ship powered by renewables and hydrogen, arrived at Flisvos Marina in Athens. The Greek capital is the 20th stopover of its world tour, which aims to raise awareness on energy transition. Because it is powered by renewables, and due to its double storage composed of batteries and hydrogen, the vessel can achieve energy autonomy.
The transition to a more sustainable energy system is too slow. A sustainable development path, consistent with the Paris Agreement target, does not allow for further delays in policy, industry and consumer action to reduce emissions, according to Equinor’s new Energy Perspectives report.
GPS tracker helps collect 40 tonnes of plastic in Pacific Ocean20/07/2019
UN Sec-Gen: Plastic waste will surpass the number of fish in oceans20/07/2019
- Women in shipping
UN Sec-Gen: Gender equality is important to protect our planet's oceans20/07/2019
Egyptian government announces shipping incentives19/07/2019
Arrested OSV shuts down AIS, runs from Aruba's authorities19/07/2019
US takes down Iranian drone in Strait of Hormuz19/07/2019
Carnival Panorama passes sea trials in Adriatic Sea19/07/2019
US announces oil and gas lease sale for all available areas in Gulf of Mexico19/07/2019
Sri Lanka Navy saves vessel from hitting Bonavista coral reef19/07/2019
Partners consider the creation of offshore solar panels19/07/2019