Sentences with phrase «carbon transition»

It is time for asset managers to take their lead from those progressive firms and investors who are embracing the low carbon transition, and prepare themselves for a future of greener investment patterns.

The low - carbon transition of the cement industry can only be attained with a supportive regulatory framework as well as effective and sustained investments.

Today's «low - carbon transition plan» looks different — although we could have done with it a lot earlier.

The coalition also seeks to accelerate the rollout of policies that support the low - carbon transition through strategic partnerships with cities, states, regions and civil society.

As components of the low - carbon transition accelerate, fossil fuel companies have, to different degrees, aligned with this shift.

If these previous examples of under - estimating the low - carbon transition woke up a number of investors, recent developments have certainly got them fully engaged.

It's about warmer homes, quieter and cleaner cars, greater economic and energy security, as well as jobs and business opportunities created by the low carbon transition.

Investors with trillions of dollars under assets repeatedly have warned that all industries are exposed to both physical climate impact risks and risks that could arise from the low carbon transition as demand for carbon - intensive fuels and technologies declines and new markets emerge.

For instance, prescriptive policies, such as state renewable portfolio standards, can expose existing fossil fuel plants to carbon transition risk.

The adoption of the Climate and Energy Action Plan is a clear indication that the world's largest economies are well aware that action is urgently needed to make the zero carbon transition happen.

Our report complements this forthcoming U.N. Advisory Group report by demonstrating that significant amounts of additional funds will be necessary to achieve a successful, global low - carbon transition for long - term climate protection.

The message that the low carbon transition poses substantial risks for fossil fuel companies - many of whom number among the world's richest companies - finally seems to be cutting through to the financial sector.

Fully contracted renewable energy projects have the least transition risk while older, inefficient merchant coal plants are likely to suffer disproportionately from the financial effects of carbon transition such as lower wholesale prices, the cost of carbon credits, lower capacity factors and increased operating or capital costs, according to the report.

«Our financial analysis shows beyond doubt that the low carbon transition underway is driven by unstoppable technological change and innovation.

IEA Executive Director travels to Beijing for G20 Energy Ministerial Dr Fatih Birol highlights the importance of natural gas as a low - carbon transition fuel and promotes the importance of policy action on air pollution 29 June 2016

Yet in order to achieve a low - carbon transition consistent with a 2 °C degree climate pathway, this rate of investment in energy efficiency, renewables and other low - carbon technologies needs to be increased markedly by the mid-2020s.

Preparing the power sector for the low carbon transition Countries work to transform their power sectors in order to integrate growing shares of renewables 2 June 2017

Since joining SEI in 2016, Georgia's work has primarily focused on two facets of climate mitigation policy: aligning fossil fuel supply with agreed climate goals, and low - carbon transitions at an urban scale.

Patricia Espinosa, Executive Secretary of UN Climate change said: «If the challenge of climate change is to be solved and the opportunities of a low carbon transition harvested we need all sectors of society in all nations fully on board».

Changes in vegetation carbon residence times can cause major shifts in the distribution of carbon between pools, overall fluxes, and the time constants of terrestrial carbon transitions, with consequences for the land carbon balance and the associated state of ecosystems.

«If we update our outlook for business - as - usual, the necessary climate policies to guide a low - carbon transition appear far more achievable than previously thought.»

«But they believe the low - carbon transition requires stronger leadership from governments, too,» Perciasepe added.

Technology optimism is not enough: Some considerations on the difficulty of triggering low - carbon transition in France

At Durban I am helping organise a side event where several Cartagena Dialogue countries will showcase their low - carbon transition plans — this will include Costa Rica, Colombia, Malawi, the Maldives and some others.

London, New York — 6 February 2018 — The Carbon Tracker Initiative, an independent financial think tank, announced today that its in - depth analysis of the impact of climate change on a company's exposure to carbon transition risk is available through 2 ˚C Scenario Analysis Tool on the Bloomberg App Portal at -LCB- APPS TRACK -RCB-.

«The adoption of the Climate and Energy Action Plan by the G19 in July this year was a clear indication that the world's largest economies are well aware that action is urgently needed to make the zero - carbon transition happen.

The report also shows how emerging economies, and China in particular, can foster a low - carbon transition through innovation in energy technologies and policy.

It contains a number of tropes that may be familiar to the well - versed in oil and gas climate disclosures — for example narrowing the scope of stranded assets, and characterising the energy sector impacts of a low carbon transition as gradual and well - signposted, thereby depriving investors of an assessment of the volumes and capex at risk should the company misread the pace of the transition.

The forthcoming EU budget post-2020 must serve higher climate ambition both in Europe and worldwide, catalyzing the zero - carbon transition of our societies, including the phasing out of fossil fuels towards 100 % renewables and fully energy efficient economies.

What lessons can global investors derive from China's experience, what opportunities does it present, and what more needs to happen to finance the low - carbon transition?

«Over recent months, several of the world's largest oil companies have acquired a variety of companies and projects that have nothing to do with extracting, refining, or distributing hydrocarbons — but that are set to thrive in the low - carbon transition,» the report states.

Over recent months, several of the world's largest oil companies have acquired a variety of companies and projects that have nothing to do with extracting, refining, or distributing hydrocarbons — but that are set to thrive in the low - carbon transition,» the report

More and more companies are using an internal carbon price to prepare for low - carbon transition

Together, we can all help to secure the UK's position as a global climate change leader and seize the opportunities of the low - carbon transition.

On the contrary, we need a revival of high value advanced manufacturing to help rebalance our economy and drive the low - carbon transition.

It would have to reduce the risks of high - carbon assets while simultaneously scaling up capital for the low - carbon transition.

The World Bank estimates that over the next 15 years, the global economy will require $ 89 trillion in infrastructure investments across cities, energy and land - use systems, and $ 4.1 trillion in incremental investment for the low - carbon transition to keep within the internationally agreed limit of a 2 - degree - Celsius temperature rise.

As I argued in my previous article on climate bi-partisanship, my point is not that either party is now «green» or sufficiently serious about the low carbon transition.

While many column inches will be expended on the implications of last night's election for the low carbon transition, here's a hopeful little snippet: Business Green is reporting that Britain's post-Brexit government just unveiled plans for its phase out of coal, and new investments in renewables.

Our assessment is that this move will not stop the low carbon transition.

The 2030 targets for renewables and efficiency that are defined in the Sustainable Development agenda are met or exceeded in this scenario; renewables and efficiency are the key mechanisms to drive forward the low - carbon transition and reduce pollutant emissions.

The scale of China's clean energy deployment, technology exports and outward investment makes it a key determinant of momentum behind the low - carbon transition: one - third of the world's new wind power and solar PV is installed in China in the New Policies Scenario, and China also accounts for more than 40 % of global investment in electric vehicles (EVs).

London - headquartered oil and gas company BP has announced plans to invest US$ 500 million (# 358.5 million) in low carbon businesses each year as it looks to further embrace the low carbon transition.

At the same time, we must turn off the finance to emissions and turn on finance to the low carbon transition.

Investors have responded to the Paris Agreement and are taking action to accelerate the low - carbon transition and implement the Paris Agreement.

For investors to anticipate and invest in the unfolding low - carbon transition, they require forward - looking, quantitative tools to assess both the investment risks and the opportunities.

We must simultaneously turn off the finance to emissions and turn on finance for the low carbon transition.