As the United States retreats from climate policy, China signaled its rising intent to lead a transition away from fossil fuels and toward Chinese-made renewable energy technologies in remarks to world leaders on Tuesday. Speaking at the World Economic Forum in Davos, Switzerland, Chinese Vice Premier He Lifeng cast China as a beacon of stability…
This is welcome. However, as climate ambition becomes the norm, a more uncomfortable question comes into focus: how many of these commitments are grounded in a serious understanding of what decarbonisation actually entails? What remains largely missing from Hong Kong’s climate conversation is analytical depth. Targets are plentiful; pathways are not. We talk often about…
Today’s ESG Updates US May Lift Venezuela Sanctions to Boost Oil & IMF Aid: US could ease sanctions to support Venezuela’s economy and oil sales. Egypt Signs $1.8B Renewable Energy Deals: Egypt secures solar and storage projects to hit 42% renewables by 2030. G7 Urged to Cut Dependence on China for Critical Minerals: US pushes…
In 1865, when a British entrepreneur built a demonstration railroad near Beijing, Empress Dowager Cixi saw not progress but danger – of disruptions to feng shui, imperial graves and rural order – and had the tracks torn up. Two decades later, when a Chinese-built coal line threatened to steam too close to sacred grounds, Cixi’s…
Since early 2023, Chinese companies have pledged more than $180 billion for clean energy projects outside China, according to a report by Climate Energy Finance. These firms produce most of the world’s solar panels, batteries, and electric vehicles. They invest in full supply chains, from mining to recycling, helping other countries build green power systems….
On November 10, the “China Pavilion” series of side events at the 30th UN Climate Change Conference (COP30) kicked off in Belém, Brazil, with its first session focusing on ecological civilization and the practice of building a “Beautiful China.” At this important global forum, Huasun Energy was selected for “Exemplary Practices of Chinese Corporate Carbon…
(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…
This follows the Fashion Charter’s publication of a communiqué, signed by more than 70 brands and manufacturers, urging policymakers to speed up a fair clean energy transition. In the letter, signatories have requested more government support for increased access to renewable energy. They also called for more robust reporting requirements, higher climate targets, and expanded…
Belém, Brazil: Leaders from more than a hundred countries reaffirmed their commitment to addressing climate change and implementing effective policies at the Leaders Climate Summit. The summit in the northeastern Brazilian city of Belém served as a precursor to COP30, the annual climate change conference hosted by the United Nations that begins Monday. Several initiatives…
A major philanthropic collaboration has taken a huge step forward in tackling energy scarcity in Africa. According to Semafor, the Global Energy Alliance for People and Planet has unlocked $4.2 billion in funding to advance renewable energy projects on the continent. This blended finance model is responsible for funding multiple projects, including the expansion of…