Remove global-development climate-finance
article thumbnail

Top 10 robotics stories of December 2024

Robotics Business Review

Subscribe to The Robot Report Newsletter and listen to The Robot Report Podcast to stay up to date on the robotics developments you need to know about. Huawei established Jimu in June 2023, when it registered the company with 870 million yuan in financing (about $121 million), according to Huawei Central. Read more. Read more.

Robotics 111
article thumbnail

Electric Vehicles Are Not Enough – India Needs a Green Logistics Revolution

Dinesh Mishra

India’s transition to electric vehicles has been a significant and necessary step in the fight against climate change. It calls for electrification of transport fleets, development of renewable energy-based charging infrastructure, smarter warehousing, and data-driven route optimization. Financing is another pressing concern.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Banks invest trillions in Global South fossil fuel expansion despite climate warnings

E&T

Bank financing for the fossil fuel industry in the 134 countries of the Global South has reached an estimated $3.2tr since 2016, when the Paris Agreement on Climate Change entered into force, according to ActionAid.  The two industries are the largest global contributors to climate change.

105
105
article thumbnail

UK pledges £1.6bn for international Green Climate Fund

E&T

During the G20 summit in New Delhi in India, the Prime Minister Rishi Sunak announced the UK would commit a record £1.6bn to the UN-backed Green Climate Fund. The news also follows the government’s announcement at COP27 that the UK would triple its funding for climate adaptation.

Sourcing 116
article thumbnail

ABB and Export Development Canada’s new partnership aims to drive clean tech financing globally

Automation Mag

ABB and Export Development Canada (EDC) have signed a global partnership to promote investments in sustainable technologies and projects in Canada and around the world. EDC will offer commercial financing on a project-by-project basis and the partnership will initially run for three years.

article thumbnail

Investors holding $1.5tn in assets call on European banks to cut fossil fuel funding

E&T

The investors, who include Candriam, La Française Asset Management and Brunel Pension Partnership, expressed concern that new oil and gas fields may jeopardise the global path to net zero. First, they must stop directly financing new oil and gas fields. As the letters point out, direct financing is only the tip of the iceberg.

98
article thumbnail

ARENA’s $2b hydrogen headstart initiative included in new federal budget

AU Manufacturing

The Australian Renewable Energy Agency (ARENA) has welcomed $2 billion in new financing announced in the 2023-24 Federal Budget for its Hydrogen Headstart initiative that aims to support Australia’s largest green hydrogen projects. ARENA said it has been allocated $4.2 Last year, ARENA conditionally approved $47.5