Tag: sustainability

Following the trend of decarbonizing the shipping industry, the world’s largest lender to global shipping, BNP Paribas and leading wealth manager, Credit Suisse joined the Poseidon Principles, becoming the 15th and 16th financial institutions to sign in.

According to a recent statement, foreign ministers discussed climate diplomacy and restated the political centrality of climate action for the European Union. The Council adopted conclusions on climate diplomacy, constituting that climate will be one of the priorities in the EU's external policy in 2020.

Now that the talks for the update of the 1982 United Nations Convention on the Law of the Sea (UNCLOS) have begun concerning protected marine environments, a group of scientists proposed new techniques to allow protected zones to change, as species move under the climate change. 

A key publication presented at the UN Climate Change Conference COP25 in Madrid last month suggests transformational actions and milestones towards carbon neutrality in key areas, such as energy, industry, transport, human settlements, water, land use, and resilience to the inevitable effects of climate change.

According to a recent statement, Shell Geothermal BV together with the Port of Rotterdam Authority are jointly investigating the possibilities for geothermal energy in the Port of Rotterdam’s western section. The Ministry of Economic Affairs has issued the two companies an exploration permit.

The European Union presented the European Green Deal's Investment Plan - the Sustainable Europe Investment Plan, which will attract public investment and unlock private funds through EU financial instruments, most importantly InvestEU, which can lead to at least €1 trillion of investments.

Recently, a paper was launched highlighting the impact of human-emitted greenhouse gases (GHGs) which result to ta long term warming of the planet and the oceans; Thus, the 5 warmest years for the world’s oceans were 2016 to 2019.

The Abu Dhabi National Oil Company (ADNOC) plans to decrease its greenhouse gas (GHG) emissions intensity by 25% by 2030, to bolster its position as one of the least carbon-intensive oil and gas companies in the world.

On Wednesday, January 8, the APL SINGAPURA, a CMA CGM Group container ship, inaugurated the cold ironing facilities of the Terminal des Flandres in the Port of Dunkirk. Through this innovative system auxiliary engine emissions from vessels at berth can be eliminated, thus improve air quality and reduce noise pollution.

Bureau Veritas estimates that in 2020 there will be major growth in compliance, leading testing and inspection. The certification authority revealed that the key trends in the year ahead will be tackling climate change, ‘Big Data’ as well as ethical supply chains.