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climate change

New $100M fund launched for climate tech invt in North America, Europe

VC firm Voyager Ventures has announced its first fund of $100M. Fund I invests in early-stage climate technology companies in North America and Europe. “We’re excited to back Voyager as a stand-out early-stage climate tech investing firm,” said Eva and Logan Green, CEO of Lyft. “We are impressed by Sarah and Sierra’s knowledge, operational expertise, […]

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‘Now or never’ to avoid climate catastrophe, warns UN Panel

UN climate experts said Monday that humanity has less than three years to halt the rise of planet-warming carbon emissions and less than a decade to slash them by nearly half. They warned that the world faced a last-gasp race to ensure a “liveable future”. That daunting task is still — only just — possible, […]

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Unavoidable multiple climate hazards in next 2 decades, warns new report

Human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions around the world, despite efforts to reduce the risks, scientists warned in the latest Intergovernmental Panel on Climate Change (IPCC) report released on Monday. “This report is a dire warning about the consequences of inaction,” said Hoesung Lee, […]

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IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […]

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EverSource Closes India’s Largest Climate Impact Fund at US$ 741 million

EverSource Capital (EverSource) has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at US$ 741 million, making GGEF one of the largest single-country funds focused on Climate change, Mitigation and Adaptation in the emerging markets. EverSource is investing to combat climate change by focusing on the decarbonization of energy and resource […]

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India’s 2030 Climate Targets are ‘achievable’ through Renewables: Says LBNL 2030

There is no doubt that India is in midst of an energy transition, with important social and economic implications depending on the pathways that are chosen. A Lawrence Berkeley National Laboratory (LBNL) study, under the US Department of State evaluated in-depth India’s future power investments. Giving a promising outlook on India’s future power system investments, […]

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Green Products to be Cheaper After EU Changes VAT Rules

European Union finance ministers agreed on Tuesday to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to fighting climate change, health protection and making the EU more ready for the digital age. At the same time they agreed to phase out by 2030 some of […]

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After COP26, Germany Steps Up, Promises Euro 1.2 billion For Climate Fight To India

After the disappointment that was the COP26 conference where developed countries did their best to avoid taking serious measures and push developing countries to do more, Germany has started some mitigation of its own. On Wednesday, Europe’s largest economy and powerhouse announced new development commitments of over Euro 1.3 billion (approx Rs 10,025 crore) to […]

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ISA & Elsevier Launch New Solar Journal at COP26 Climate Conference

The International Solar Alliance (ISA), an inter-governmental treaty-based international organisation and Elsevier, a Netherlands-based publishing company specialising in scientific, technical, and medical content, have announced the launch of a new journal, Solar Compass. Solar Compass will be an open access journal, providing readers around the world with freely accessible articles. All its articles will be peer-reviewed […]

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