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Namibia secures $544 million in climate finance at COP27
Namibia said at the COP27 summit on Tuesday that it had secured over 540 million euros ($544 million) in climate finance from the Dutch government and European Investment Bank.
Bank study group sets out guidelines for financing Asia's energy transition
A study group drawn from a number of private financial institutions on Monday laid out guidelines for financing low-carbon technologies and energy transition projects in Asia to help combat climate change.
China to boost renewable power, balance with oil and gas to 2025
China aims to increase renewable power, maintain crude oil output and boost natural gas production, as it seeks to balance energy security and achieve its climate change goals.
Denmark takes first steps towards green hydrogen economy
Denmark on Tuesday pledged to build up to six gigawatts (GW) of electrolysis capacity to convert renewable power into green hydrogen as it looks to wean itself off fossil fuels and boost its energy security.
Photo by sippakorn yamkasikorn on Unsplash
Largest U.S. biofuels producer pledges carbon neutrality by 2050
POET, the largest biofuels producer in the United States, says it is committed to achieving net-zero carbon emissions at its bioprocessing facilities by 2050, making it the latest company to pledge to reduce its carbon footprint to fight climate change.
Photo by Atharva Tulsi on Unsplash
India brings forward by 2 years 20% ethanol blend to gasoline
India's government will bring forward to 2023 from 2025 the possibility of fuel companies selling gasoline containing up to 20% of ethanol, according to brokers and a publication in the country's official gazette.
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