The Under2 Coalition and the Green Brazil Consortium recently joined forces to strengthen the role of subnational, state and regional governments in achieving common climate goals. With Brazil’s role as a global climate leader with the G20 in 2024 and hosting COP30 in 2025, the Memorandum of Understanding (MoU) signed today aims to: Enhance the role and participation of Brazilian states in key political forums and global climate, sustainable development and environmental summits, such as the G20 and COP. Develop projects to enable capacity building and peer learning. This will…
Read MoreTag: Climate Group
Major Indian businesses stay the course on doubling energy productivity under Climate Group’s EP100 initiative
In a promising push to India’s net zero goals 10 major Indian businesses are on track to double their energy productivity, according to Climate Group’s latest EP100 Annual Disclosure Report. By being members of EP100 – Climate Group’s global corporate energy efficiency initiative – the businesses have committed to doubling their energy productivity within 25 years of their joining EP100. While the year of joining differs among members, on average they have achieved 64% of their EP100 commitments. Two EP100 companies – Mahindra Heavy Engines Ltd. and Ultratech –…
Read MoreClimate Group and partners join forces to push for a renovation revolution in Europe
The EU must prioritise the renovation of millions of buildings every year to meet its 2050 net zero target, Climate Group warns. The EU has enshrined in law net zero by 2050. Currently, EU renovation rates to make buildings more energy efficient are around 1% each year, meaning the EU has less than six years to get to the 2.5% annual renovation rate that the IEA says needs to be achieved by 2030 to be on track for net zero. Today’s warning comes as Climate Group, in partnership with CBRE, Danfoss, ROCKWOOL, Signify, and VELUX, launches a new…
Read MoreBusinesses call on French government to up support for the EV transition
Global non-profit Climate Group, alongside 11 of the biggest fleet operators in France, have written to the French government urging them to throw their support behind the EV transition to boost economic competitiveness and reduce air pollution. With the government set to introduce stronger green quotas on corporate fleets, businesses including Coca-Cola Europacific Partners, Danfoss and Schneider Electric are urging the French government to offer their full support to the EU-wide 2035 deadline to end the sale of new petrol and diesel cars and vans, along with a raft of…
Read MoreAshok Leyland joins Climate Group’s RE100 initiative
Ashok Leyland has committed to sourcing 100% of its electricity from renewables by 2030 as it joins the RE100 initiative. The announcement by India’s foremost automaker in the commercial vehicle segment is significant against the backdrop of India’s target of achieving 450 GW of renewable energy by 2030, and the global ambition of tripling renewable energy by 2030 which is a key outcome of the G20 New Delhi Leaders’ Declaration and at COP28. Ashok Leyland’s collective electricity demand in the country was 324 GWh, 55% of which came from renewable…
Read More