Tag: climate goals

America’s Top Companies Are Using Solar and Storage to Meet Their Climate Goals

America’s Top Companies Are Using Solar and Storage to Meet Their Climate Goals

December 9, 2022 |

The bar is rising for corporate climate goals. Eighteen of the top 25 companies ranked in this year’s report are pursuing 100% renewable energy or carbon neutral goals. Some of the leading companies are already achieving their targets. For example, this year’s top solar adopter Meta has powered its global operations with 100% renewable energy since 2020 and is now working toward a net zero emission value chain by 2030.

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Global renewable energy targets in 2022

Global renewable energy targets in 2022

November 20, 2022 |

Approximately 90 per cent of global electricity needs have to be supplied by renewables by 2050 – up from around 26 per cent in 2019 – to put the world on a climate-safe pathway. Renewable power targets are halfway met globally but they are concentrated in few regions and technologies.

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Building a clean European electricity system by 2035: Study

Building a clean European electricity system by 2035: Study

July 7, 2022 | ,

This report summarises the results of three modelled pathways for the European power sector. The Stated Policy pathway is aligned with stated national policie until 2035. The other two pathways – Technology Driven and System Change – are computed to minimise cost while remaining within a carbon budget compatible with the Paris Agreement climate goals.

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Financing India’s Renewable Energy Ambitions: Report

Financing India’s Renewable Energy Ambitions: Report

June 23, 2022 | ,

The report finds that corporate commitments from Indian companies could help India achieve 86% of its 2030 goals of building 500GW of cumulative non-fossil power generation capacity. The report examines the challenges for financing renewables, identifies new or underutilized sources of capital and outlines measures to increase the availability of financing.

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Year in review: China’s climate goals withstand heat

Year in review: China’s climate goals withstand heat

January 5, 2022 |

President Xi Jinping’s carbon neutrality pledge at the United Nations in September 2020 set in motion a massive build-up of national policy, legislation and regulation on decarbonisation, with unprecedented speed. Barely two months later, Xi announced a set of more ambitious 2030 targets at the Climate Ambition Summit. And then, in March 2021, China’s top legislators approved the 14th Five Year Plan (FYP) with a whole host of climate and energy targets for 2025.

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