REM - Renewable Energy

Uzbeks engulfed by worst dust storm in at least 150 years

Inhabitants of Tashkent struggle to breathe. Critical indicators suddenly showed city as second most polluted in the world.

Dominion Energy advances $9.8bn wind project off Virginia

US utility Dominion Energy has applied to the Virginia State Corporation Commission for permission to build its 2.6-GW Coastal Virginia Offshore Wind (CVOW) project.

Slovenia joins Alliance to Strengthen Coal Exit initiative

Gas and nuclear lobby hard to be declared green in Europe

Gas and nuclear power should be considered as sustainable investments in the EU green taxonomy, a confidential non-paper sent to the European Commission on October 29 and circulating in Brussels has claimed.

Another new solar plant to be built in Armenia's Gegharkunik province

Azerbaijan is developing a roadmap for offshore wind energy potential

Armenia's ACBA Bank attracts equivalent of $6.75mn

UK embassy says Turkmenistan has “plenty of scope” to reduce methane leakage

UK to support climate adaption across Africa with $195mn commitment

The UK announced at COP26 GBP143.5mn ($195mn) of new and existing funding to support African governments to roll out critical adaptation projects so at-risk communities can adapt to the impact of extreme weather and changing climates.

Coal dominates at COP26 as more countries join the clean transition

Poland, Ukraine, Vietnam and a host of other major coal-burning countries made clear commitments to phase out coal power in the coming years, as the UK presidency of COP26 claimed that “the end of coal is in sight”.

UK supports Pakistan with $75mn to combat climate change

The UK announced at COP26 more than GBP55mn ($75mn) of support to help Pakistan tackle climate change, as well as manage water more sustainably and unlock climate investment.

Istanbul-listed Isbank’s venture fund buys 50% stake in AP Enerji

Climate Investment Funds issues new generation of green bonds worth $500mn

The World Bank has backed the issue of $500mn of green bonds ever year for 10 years in a bid to raise private capital to scale up clean energy and sustainable infrastructure in emerging economies.

World finally commits to $100bn of climate finance for global south

UK Chancellor Rishi Sunak said at COP26 that the world’s rich nations would make good on their promise of $100bn per year of climate financing for poor countries by 2023.

UK, India launch Green Grids Initiative at COP26

EBRD backs Ukrenergo’s Eurobond to pay off $1bn green power debt

Shareholders support phasing out Rusal's high-carbon assets

INTERVIEW: Vyacheslav Fetisov, Russian ice hockey legend and UN Goodwill Ambassador

As world leaders prepare to leave the COP26 UN climate change conference in Glasgow, Vyacheslav Fetisov, a two-time Olympic gold medalist in Ice Hockey and committed environmentalist, talks about Russia's plans

Kyrgyzstan targets moving to emission-free economy by 2050

Turkish city of Gaziantep joins EBRD Green Cities urban sustainability programme

REM: COP26: IKEA, Bezos and Rockefeller and multi-lateral banks pledge $10bn for green energy transition.

Global philanthropies – the IKEA Foundation, Bezos Earth Fund and Rockefeller Foundation – and development banks have pledged $10.5bn for the green energy transition and renewable energy. The pledge was made at the UN climate talks, COP26.

US to help raise $500mn a year for green bonds for developing world

The US will support raising $500mn a year to help transition developing countries away from coal-based energy and towards low and zero-carbon sources such as wind and solar power, said US Treasury Secretary Janet Yellen speaking at COP26.

Russian government approves carbon neutrality by 2060

Russia's Prime Minister Mikhail Mishustin has announced the signing of the 2050 Low Carbon Strategy, previously drafted by the Ministry of Economic Development and taking an "intensive" trajectory that implies carbon neutrality by 2060.

US President Joe Biden touts progress but also tells world he remains worried about climate change

President Biden acknowledged concerns about climate change just before he left COP26 in Glasgow to return to a Washington deeply divided on the issue.

Montenegro drafts roadmap for carbon neutrality, aiming for at least 35% reduction by 2030