US gains on China in clean investment stakes

Bloomberg New Energy Finance says despite China remaining the world’s largest investor in renewables, with $83.4 billion of new spending in the sector last year, this was 8% down on 2018

Picture of green 3D H2 symbol
Siemens and Saudi Aramco among new members joining the Hydrogen Council

The CEO-led organisation is a global initiative of leading energy, transport and industry companies with a vision and long term goal for hydrogen to foster the energy transition

Climate threats top chart of global concerns for 2020

The World Economic Forum says politicians must work to avoid economic and political polarisation and instead encourage collective efforts to tackle environmental issues

Climate change increases risk of wildfires, scientists confirm

A review of research shows links between climate change and increased frequency or severity of so-called ‘fire weather’

Offshore wind energy giants form global ‘action coalition’

The international Ocean Renewable Energy Action Coalition will represent the offshore wind sector in the global dialogue on climate change

Global energy use projected to nearly double by 2050

Most of this will be focused in regions where strong economic growth is driving demand, particularly in Asia

Global measures supporting green finance more than doubled since 2015

A record 79 new measures were announced or implemented in 2019

Goldman Sachs among major firms committing to net zero buildings

Hudson Pacific Properties and Petinelli are also among organisations that have signed up to the World Green Building Council’s Net Zero Carbon Buildings Commitment

Pile of coal
Coal-fired power ‘on track to drop by 3% in 2019’

This would amount to a reduction of around 300TWh according to Carbon Brief, which says it is the largest drop on record

Aviva launches specialised renewable energy insurance

It covers the insurance needs of companies that have operations in their home and overseas markets that include technologies such as onshore wind farms, solar power and battery storage