With renewable energy more cost-efficient than ever before, there is a clear opportunity to forward decarbonisation in COVID-19 recovery plans. A new report entitled Global Trends in Renewable Energy Investment 2020, put together by the UN Environment Programme (UNEP), the Frankfurt School-UNEP Collaborating Centre and BloombergNEF (BNEF), outlines that globally 2019 saw the highest investment in offshore wind in one year and highest solar power capacity additions in one year, while looking into investment trends for 2020. It argues that in order to get on the right track for keeping climate change to 2 degrees, globally we require the addition of around 3,000GW of renewables by 2030. This may fluctuate somewhat depending on the technology mix.
Current 12th June 2020 read more »
The chiefs of some of Britain’s leading charities have written to the prime minister to demand a “green recovery” from the coronavirus crisis, urging him to use economic rescue packages to build low-carbon infrastructure and spur the creation of long-term green jobs. The group of 57 charities representing 22 million members called for any bailouts to be subject to strict conditions so that companies receiving state help in the Covid-19 crisis would have to meet low-carbon targets, and for all elements of any economic recovery package to be subject to a test to ensure they were in line with the UK’s target of reaching net zero emissions by 2050. They also want ministers to cancel, rather than suspend, the debts of developing countries struggling with the impact of Covid-19 and the climate crisis. Charities including the Women’s Institute, the National Trust, the Royal Society for the Protection of Birds (RSPB), Oxfam and the World Wide Fund for Nature (WWF) signed the letter, which comes after weeks in which ministers have made references to the need for a sustainable recovery, but without providing policy details. “We know a green recovery makes economic sense, and is supported here in the UK and overseas by leading businesses, academics, ministers and health representatives,” said Tanya Steele, the chief executive of WWF UK, one of the organisers of the letter. “What we urgently need to see now, and post-pandemic, is commitments from government on turning this into action.” The campaigners said investing in a green recovery could support at least 210,000 green jobs and bring benefits of £90bn a year, from economic rejuvenation and better health.
Guardian 15th June 2020 read more »