Savi Sustianable Recovery Sustianable Recovery custom post type: New
According to a new report by the Institute for Public Policy Research (IPPR), green upgrades to homes in the North of England could foster a sustainable recovery by creating hundreds of thousands of jobs and driving down emissions. The think tank analyzed the effects of retrofitting millions of homes with energy efficiency measures, such as...Read more »
The European Bank for Reconstruction and Development (EBRD), the European Union (EU), and the Green Climate Fund (GCF) launched two programs to boost green finance and improve value chains, aiming to foster a green recovery of the Egyptian economy. Working with the EBRD’s local partner banks, the programs cumulatively worth EUR 220 million will offer...Read more »
The Green Climate Fund (GCF) approved a USD 23.1 million grant towards strengthening the climate resilience of Mongolian herder communities. The project aims to enhance climate-informed natural resources management and sustainable livestock practices, building on traditional cooperative approaches among herders. It will also introduce innovative technologies for the traceability of sustainably sourced livestock products and...Read more »
On November 10, 2020, members of the High Ambition Coalition underlined commitments for a green recovery, aiming for 60% of recovery spending to be climate-friendly; a phase-out of fossil fuel subsidies; and debt relief to give developing states the capacity for a green recovery. The coalition calls for an ambitious recovery from COVID-19 that sets...Read more »
A new report by the International Institute for Sustainable Development (IISD) tracks G20 countries’ progress in ending government support to fossil fuels and reveals large public money commitments for fossil fuel-intensive sectors in response to the COVID-19 crisis. The report Doubling Back and Doubling Down: G20 Scorecard on Fossil Fuel Funding was developed together with...Read more »
On November 9, 2020, the British Chancellor Rishi Sunak unveiled green finance plans, proposing to issue the United Kingdom’s first sovereign green bond in 2021 and make climate risk disclosure mandatory for listed major companies from 2025. In a statement to parliament, Sunak said about the green bonds: “This will be the first in a...Read more »
Iberdrola launched a new investment plan worth EUR 75 billion for the period 2020 to 2025. The Spanish multinational electric utility company aims to take advantage of the opportunities created by the clean energy transition and support global efforts for a green recovery from the COVID-19 pandemic. Major parts of the investments will go toward...Read more »
The Organisation of Eastern Caribbean States (OECS) and the United Nations Environment Programme (UNEP) launched a new project that aims to foster sustainable public procurement processes in the region. The project will support the development of sustainable public procurement frameworks and tools, while also building capacity in this field. A focus will be on the...Read more »
On November 5, 2020, an England-wide nature restoration initiative was launched. It aims to tackle biodiversity loss and climate change, and to help people reconnect with the natural world. Led by Natural England, the Nature Recovery Network (NRN) Delivery Partnership brings together representatives from over 600 organizations, such as RSPB, Wildlife and Countryside Link, and...Read more »
The Government of the United Kingdom announced GBP 134 million in cleantech funding on November 4, 2020. The investments are part of the country’s green recovery efforts and aim to help clean growth projects develop new technologies, create new jobs, drive productivity, and tackle climate change. The GBP 134 million comes from the United Kingdom’s Sustainable...Read more »
