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Tag: climate change
The oil and gas industry faces a moment of truth and an opportunity to adapt
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to a major...
ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business...
Commission welcomes agreement between European Parliament and Council on Nature Restoration Law
The Commission welcomes the provisional agreement just reached between the European Parliament and the Council on the Nature Restoration Law. Once adopted and applied in the EU Member States, the law will...
DEVELOPING ELECTROMOBILITY AS VOLVO’S PRIORITY
Modern society is completely reliant on transport modes that cover long distances in a short time. Considering that traffic represents one of the most important sources of environmental pollution, it is not...
Open Science Conference: We need dramatic climate action to meet unprecedented challenges
Climate change impacts are becoming increasingly severe, posing unprecedented challenges. Dramatic climate action is needed to limit global warming, requiring unprecedented societal transformations to sustain the future of life on Earth, a...
Inside a research centre tracking the fallout from the climate crisis
The past few months have been another stark reminder that the climate crisis is getting worse.
Wildfires devastated Hawaii, Canada, and the Canary Islands. Antarctic Sea ice reached its lowest extent since records...
Energy Week Western Balkans 2023: the agenda is underway and promising a resounding success
As Energy Week Western Balkan is approaching, the conference agenda promises a resounding success. Here is some food for thought to prepare for Day 1 of EWWB.
Traditionally, Energy Week has a grand...
GREEN ENERGY AND STABLE SUPPLY WITH ABB SUPPORT
In the process of mitigating climate change and fighting for the preservation of natural resources, we are turning to renewable energy sources, improving energy efficiency and optimal consumption.
The use of new technologies...
IEA, ECB and EIB highlight importance of an accelerated clean energy transition for Europe’s industrial competitiveness and financial stability
The heads of the European Investment Bank (EIB), the European Central Bank (ECB) and the International Energy Agency (IEA) are today calling on leaders from government, finance and industry across Europe to...
ABB and Export Development Canada agree on global partnership for financing clean tech projects
ABB and Export Development Canada (EDC), Canada’s export credit agency, have signed a global partnership to promote investments in sustainable technologies and projects in Canada and around the world. The support provided...
Stronger international cooperation in high emissions sectors crucial to get on track for 1.5°C climate goal
Insufficient progress in transitions to clean technologies and sustainable solutions over the past year highlights the need for strong and targeted international collaboration in high emissions sectors to deliver transitions that are...
In Tanzania, communities save money together to build a brighter future
In southern Tanzania, women are working together to save money, access small loans, and obtain emergency funding for medical or other crises.
Known as Village Savings and Loan Alliances (VSLAs), these models are...
NEW INVESTMENTS IN RENEWABLE ENERGY SOURCES ARE A SURE WAY TO THE ENERGY TRANSITION
The energy transition is a serious, complex, and longterm process that must be fair. It happens on two tracks – electric power through the construction of new renewable energy sources capacities and...
Clear skies for a sustainable future: how innovation can accelerate aviation’s net-zero journey
In a world where the urgency of combating climate change has reached new heights, few industries face as much scrutiny as the aviation sector. The skies have traditionally symbolized limitless potential, yet...
Extreme weather is the “new norm”
From mountain tops to ocean depths, the summer of extremes continues. Heatwaves are baking large parts of the northern hemisphere, fuelling unprecedented wildfires and disrupting marine ecosystems. Floods have transformed desert landscapes....
Once threatened, Mexico’s “green jewel” has become a model of conservation
Martha Isabel “Pati” Ruiz Corzo moved to the Sierra Gorda – a dramatic expanse of wilderness in the heart of Mexico – four decades ago in search of a quiet, idyllic place...