Funding for climate action and policies at subnational level is essential to keep the world on track for 1.5 degrees of warming, especially as state and regional governments represent over 50% of all environment and climate spending. This is according to new research, published by Climate Group, looking at the mechanisms states and regions can use to raise funds to accelerate to net zero and adapt to climate change: particularly carbon pricing, green bonds, national government funding and taxes and fees. The report also examines ways in which subnational governments…
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Siemens, Unilever, Maersk and DFDS join business coalition calling for 2035 deadline for zero-emissions trucks in EU
The EU needs to show leadership for the sake of the climate and the bloc’s future competitiveness by ensuring all new freight trucks are zero-emissions from 2035, a broad business coalition of 44 companies says. In a letter to the EU Commission, signed by globally recognised brands including Siemens, Maersk, Unilever and PepsiCo, the coalition writes that the 2035 deadline is not just feasible but necessary to fully replace the fossil-powered truck fleet in time for the EU to reach climate neutrality by 2050. A 2035 zero-emissions target for new…
Read MoreClimate Group urge European Commission to make all new trucks zero emission by 2035
Climate Group‘s EV100+ initiative signed Transport and Environment’s letter, alongside 38 other eminent NGO’s, calling on the European Commission to ensure that all new trucks sold are zero emission by 2035 at the latest. Trucks represent just 2% of vehicles on EU roads, but account for more than a quarter of road transport emissions, and that number is continuing to rise. Heavy duty road transportation is also one of the largest sources of air pollution, which the European Environment Agency estimates to cause 350,000 premature deaths per year in the…
Read MoreBusinesses are getting serious about industrial decarbonisation say Climate Group
Climate Group’s Industry initiatives grow as four new businesses join, demonstrating the commitment to industrial decarbonisation. AKT II and Landsec join ConcreteZero while Robert Bird Group and Trane Technologies join SteelZero. Robert Bird Group also became a ConcreteZero member recently in October. ConcreteZero members commit to using 30% low emission concrete by 2025 and 50% by 2030, with a long-term target of using 100% net zero concrete by 2050. SteelZero members pledge to use 50% low emission steel by 2030, which sets a clear pathway to using 100% net zero…
Read MoreUK businesses lay out plan for electrification of UK’s roads
The UK Electric Fleets Coalition, run by international non-profit Climate Group, has today launched a seven-point plan to help the new government maintain the momentum behind the UK’s transition to electric vehicles (EVs). 28 leading UK businesses have urged the Government to take the recommended below steps to ensure the UK maintains momentum behind the EV transition, and that the economy feels the benefit of ambitious transport decarbonisation plans. Alongside the plan, the group has written to Prime Minister Liz Truss to urge her to show more support for businesses…
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