What Caught Our Eye
Developments that we found particularly interesting during the week and why.
Insetting - defining and implementing at scale
Organisations can reduce their net greenhouse gas emissions (GHGs) to zero ('net zero') by either making changes to their businesses that mean they produce no net emissions themselves or they can offset any net emissions they have to some degree by purchasing carbon offsets. Carbon offsets are programmes
ESO becomes the terminator of phantom projects
Getting new energy generation projects up and running and delivering energy to people who need them in the form that they need may seem to hinge on getting the technology to work and/or getting the required financing and other resources in place. However, it can often hinge on approvals.
Why are we not cutting fossil fuel use?
A recent podcast from Rachel Donald (interviewing Ketan Joshi in an episode entitled Climate Delay and the Fossil Fuel industry) contained the following answer to the question - why is fossil fuel usage not falling? "The answer is complex, of course. One part, though, is that governments are the
New milk fridges could help farmers cut carbon and costs
Dairy farmers need to chill their milk to below 6oC within hours of carrying out milking. As we highlighted in a recent blog, there are some sustainability issues with fridges, freezers and chillers. Link to blog 👇🏾 Cooling food - regular, salty and constant volume.Modern fridges and freezers do a
Nature-related risks: almost certainly one for the board
We have known for a while that in many countries climate related risks should be considered by company directors. Now, in an Australian legal opinion commissioned by global climate/nature investment and advisory firm Pollination, in collaboration with the Commonwealth Climate and Law Initiative (CCLI) directors also have a similar
Nigeria solar adoption boosted by the end of fuel subsidies?
A Bloomberg Green article discussed the potential for the ending of fuel subsidies in Nigeria to drive the adoption of solar in households and communities. Whilst Nigeria is Africa's biggest exporter of crude oil (the world's 7th biggest), its lack of refining capacity means that it
Is climate risk becoming uninsurable?
Insurers are withdrawing from higher risk regions. And the situation is likely to get worse.
Health equity: FDA panel support for sickle cell disease cure
The potential approval of a treatment for a historically under-served community is important.
Risk of taking ESG data as gospel
ESG data is useful as part of the decision-making process. However, it is not THE process.
The energy world is changing, and yet staying the same
The latest IEA World Energy Outlook has been published, and as always it's a useful source of both data and commentary. The headlines were encouraging. Full report here 👇🏾 World Energy Outlook 2023 – Analysis - IEAWorld Energy Outlook 2023 - Analysis and key findings. A report by the International
Enel to fail its green bond emissions targets?
The Anthropocene Fixed Income Institute, one of our favourite sources on green bonds, recently (20th Oct) highlighted that Enel, the Italian Utility, looks likely to miss its Sustainability Performance Targets (SPT's) on 10 of its green bonds. The bonds have a total notional of €10.bn, so a
The growing gap between Brown and Green building value
Lucienne Mosquera, Managing Partner, at SustainCRE has published some interesting analysis on the growing evidence of a Brown discount in the global real estate market. According to their research "in their current form, around 97% of today’s commercial buildings will not support the transition to net zero. This