Key Investment in Airport Infrastructure Needed Now to Meet Demand for Hydrogen and Electric Aircraft by 2050

Hydrogen and electric aircraft could require 600-1,700 terawatt-hours (TWh) of clean energy by 2050, according to a new white paper from the World Economic Forum. For context, the total amount of renewable energy produced in 2021 was just over 8,000 TWh globally. To meet the estimated energy demand from hydrogen and electric aircraft in 2050 would require the amount of energy produced from 10-25 of the world’s largest wind farms, or a solar farm half the size of Belgium, the paper suggests. Alternative, carbon-free propulsion options, such as battery and…

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Global CEOs Pledge 50% Cut in Real Estate Emissions by 2030

Leading CEOs made a pledge today to reduce their real estate emissions by 50% by 2030 and reach net-zero carbon no later than 2050. With buildings contributing 38% of all energy-related greenhouse gas emissions, leaders across all industries have a critical role to play in lowering their global real estate emissions. “While real estate represents nearly 40% of all energy-related GHG emissions, the sector is frequently an afterthought when it comes to an organization’s decarbonization and sustainability strategies,” said Matthew Blake, Head of Financial and Monetary Systems, World Economic Forum.…

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WRAP and World Economic Forum – Partner to Tackle Global Plastic Pollution together

WRAP and the World Economic Forum’s Global Plastic Action Partnership (GPAP) have announced a formal partnership agreement to address the global issue of plastic waste by supporting both the network of Plastics Pacts, and Global Plastic Action Partnerships around the world. This partnership will bring together the combined knowledge, experience, and resources of two of the leading global stakeholder plastics programmes to combat this devastating issue collaboratively, with the potential to double the impact and reach. The two are now working together with local partners in Ghana, India, Mexico, Nigeria,…

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Concrete’s path to net-zero emissions in focus as the World Economic Forum and the Global Cement and Concrete Association join forces to deliver concrete actions for climate

The Global Cement and Concrete Association (GCCA) and World Economic Forum have launched ‘Concrete Action for Climate’ (CAC), a collaborative platform that will help drive the industry’s journey to carbon neutral concrete by 2050 as part of the Mission Possible Partnership. The concrete and cement industry, which has cut emissions proportionally by 20% since 1990, is now assembling wider support to achieve its ambitious 2050 carbon neutral target. The Concrete Action for Climate initiative, which already represents 40% of the global concrete and cement industry through the GCCA, will bring…

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Morgan Stanley Joins the World Economic Forum’s Global Plastic Action Partnership to Help Reduce Plastic Waste

The Morgan Stanley Institute for Sustainable Investing (the Institute) today announced that it has joined the Global Plastic Action Partnership (GPAP), a platform previously launched at the World Economic Forum Sustainable Development Impact Summit, whose members are working together to reduce plastic waste and pollution around the world. GPAP brings together businesses, international donors, national and local governments, community groups and world-class experts seeking circular solutions and address the problems of plastic pollution in our environment. Collaboration with the GPAP platform is a significant step in Morgan Stanley’s Plastic Waste Resolution which…

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