Good news thread:
As the world is trying to transition from being "wasteful, idle, lopsided and dirty" (Lombard Odier's description) to clean, inclusive, and circular, there seems to be a lot of "doom" in the air. We thought it is not fair. And we thought we'd create this thread on sharing "good" news and success stories in all fields of "ESG" and "Sustainability!
Brazil's President Lula unveils plan to end deforestation by 2030! Brazil's Green Climate Fund's data here
Do share your good news or something that you observed or did that you think is a really good news for the world!
Good news thread: Do share your good news or something that you observed or did that you think is worth recognising and celebrating!
Today I have found not one, but two great news for us to enjoy!
1: EU emissions fell by 4% at the end of last year – and economies grew, data reveals (Eurostat data released on 15 May 2023). Out of the 27 member states, emissions fell in 23 EU countries.
2. Seals are making a comeback in Belgium: This team of volunteers helping them coexist with humans
Share yours, don't be shy!
This article in esgnews.com attracted my attention. Sustainable tire materials market to surge at 29.3£ CAGR (2023 – 2031). Companies in the space include Evonik Industries, Solvay, PPG Industries, Contec, Black Bear Carbon, The Goodyear Tire & Rubber, Michelin etc.
Can this space be interesting for any investors in our community?
Do share your good news or something that you observed or did that you think is worth recognising and celebrating!
Small robot that can reforest the whole planet - that's a very good news!
Good morning everyone! Lets set up for a great week ahead.
Good news Monday: Scientists in Brazil rediscovered tree thought extinct for nearly 200 years
French company has designed the first e-bike that doesn't need a battery
If you have good news, share in this thread!
Good news thread
EU Commission adopts measures to restrict intentionally added microplastics
La Banque Postale launches Euro1 billion energy transition infrastructure fund
Clarity AI launches methodology to build SFDR-aligned indexes and ETFs
HSBC provides USD 1 billion financing to climate tech startups
Good morning Community!
Today in our "Good news on Monday" i thought i'd look at commoditites. And it sounds like
Copper is the new oil, says Goldman Sachs' Jeff Currie
Why we need this material more than oil now from Interesting Engineering
What do you think?
As usual, we start Mondays with good news!
Green construction to create USD 1.5 trillion in investment opportunities in emerging markets – World Bank's IFC by ESG News
According to IFC Managing Director Makhtar Diop the green construction revolution is picking up speed. IFC report states that sustainability linked bonds, green mortgages, green funds, carbon transition bonds, carbon retirement portfolios can help in capitalizing on investment opportunities. Global private debt financing for building green increased twentyfold, from 10 USD billion in 2017 to a record high of USD 230 billion in 2021. Only 10% of that was in the emerging market.
And one more good news: we might see fossil fuel demand peak this decade
Worl Energy Outlook by the IEA (2023) states that there is no question that clean energy projects are facing headwinds in some markets from cost inflation, supply chain bottlenecks and higher borrowing costs.
Yet equally, clean energy is the most dynamic aspect of global energy investment. How fast it grows in the coming decades in response to policy and market stimuli is key to explain the differences in trajectories and outcomes across the IEA's three main scenarios: Stated Policies, Announced Pledges and Net Zero Emissions by 2050.
In all scenarios, the momentum behind the clean energy economy is enough to produce a peak in demand for coal, oil and natural gas this decade, although the rates of post-peak decline vary widely.
Good morning everyone!
Hope your Monday already brought good news to you, but here's one for us.
ESG-linked executive pay is on the rise, which is good news for the planet. A global study finds that in 2021 38% of companies tie compensation of ESG goals, resulting in real improvements in firms' environmental performance. This is a big jump from just 1% in 2011. The study was based on data from nearly 4400 firms in 21 countries and was conducted by IESE together with San Diego State University and University of Mannheim.
Attaching "Executive Compensation Tied to ESG Performance: International Evidence" to this post.
Previously I shared transcripts for the Climate Change Podcast with John Teahan, Redwheel and Harlan Zimmerman, Cevian Capital about the same theme - linking remunerations to sustainability/climate goals. You can find them here
Do you have these links at your company? Are they effective?
Good morning Community!Here are some good news to start the week:
Bloomberg launches first physical climate risk indicators. <o:p></o:p>
Bloomberg worked with Riskthingin.AI and announced the launch of the first physical risk indicators that account for every climate scenario endorsed by the IPCC (Intergovernmental Panel on Climate Change). The AI uses Bloomberg's physical assets data on nearly 50,000 companies-covering over 1 million manufacturing sites, energy plants, mining operations, office buildings, and retail sites-to calculate a company's physical risk exposure level.<o:p></o:p>
Big news for CCS (carbon capture and storage). Global CCS Institute shares its 2023 report. Headline is a 48% increase in CO2 capture capacity in development to 361 million tonnes per annum. 198 new projects have been added to the development pipeline.<o:p></o:p>
What good news have you got to share? Anything from your industry or space?
Good morning community! Here's some good news for you while you are sipping your morning coffee.
Electric car battery prices are going back down faster than expected.<o:p></o:p>
Goldman Sachs Research now expects battery prices to fall to $99 per kilowatt hour (kWh) of storage capacity by 2025 - a 40% decrease from 2022 (the previous forecast was for a 33% decline). <o:p></o:p>
The reduction in battery costs could lead to more competitive EV pricing, more extensive consumer adoption, and further growth in the total addressable markets for EVs and batteries. <o:p></o:p>Lower battery prices could mean EV cost parity with ICE (internal combustion engine) vehicles by mid-decade.<o:p></o:p>
If you are an owner of an electric vehicle, share your experience here. If you have invested in EV or EV infrastructure, do you agree with this rather positive prognosis?
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