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APUEA News

Since the adoption of the landmark Paris Agreement on climate change in 2015, global momentum to tackle the climate crisis has been building.

Read more: https://www.wri.org/blog/2020/12/paris-agreement-progress-climate-action

Grass roots momentum has pushed the central government to pledge carbon neutrality by 2050, but it could count for little if the country fails to stop coal investment and set an enhanced 2030 target.

Read more: https://chinadialogue.net/en/climate/south-korea-path-to-carbon-neutrality/

To accelerate Victoria’s transition away from fossil fuels and towards zero-carbon electricity six new “renewable energy zones” will be established across the state’s regions.

Read more: https://econews.com.au/65911/victoria-puts-540m-into-six-renewable-energy-zones/

There may not be a ‘Green Deal’ planned in China but plans are in the making for a resurgence in solar installations as part of the forthcoming 14th Five-Year-Plan (2020-2025).

Read more: https://www.pv-tech.org/editors-blog/china-marches-on-with-solar-deployments-but-will-it-become-a-100gw-annual-market

Solar is expected to account for 60% of new renewable capacity additions by 2025 as it records stable growth in 2020.

Read more: https://www.solarpowerportal.co.uk/news/solar-growth-set-to-ramp-up-in-2021-as-renewables-sidestep-covid-19-impacts

Some of the world’s largest insurers and pension schemes are warning companies they invest in not to finance, insure, build, develop or plan new thermal coal plants or face sanctions, including possible divestment.

Read more: https://econews.com.au/65741/investor-group-and-government-lenders-pressure-firms-to-cut-out-thermal-coal/