Why the mining sector must dig deep to explain its move towards net zero

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katie Fedosenko, Director, ESG Engagement, Teck Resources, Luciana Gutmann, Project Fellow, Securing Critical Minerals for the Energy Transition, World Economic Forum Many years ago, there was a TV advertisement shot in the kitchen of a family home. All […]

4 ways geopolitical tensions are increasing carbon emissions

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laia Barbarà, Acting Head, Climate Strategy, World Economic Forum, Claudia Galea, Director, Global Sustainability, Kearney In today’s complex global landscape, geopolitical tensions have far-reaching implications across a variety of sectors. The ripple effects of these tensions are felt across politics, […]

EU CO2 emissions from fossil fuels ‘at 1960s levels’, and other nature and climate stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Forum Agenda 1. EU CO2 emissions from fossil fuels return to 1960s levels The European Union’s (EU) O2 levels from fossil fuels are at their lowest for 60 years following an 8% year-on-year fall in […]

To meet our global climate ambitions, we must tackle embodied carbon

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Monica Schroeder, Director of Global Advocacy, Build Change, Louise Foulkes, Caribbean Director & Engineering Program Manager, Build Change Neither housing nor embodied carbon have thus far been the focus of decarbonization efforts in the building sector. It’s time to change […]

How to optimize AI while minimizing its carbon footprint

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Samuel Burd, President, Client Solutions Group, Dell Technologies Artificial intelligence (AI) and generative AI (GenAI) offer a transformational promise to propel all industries and the global economy forward. Data is essential to the learning and decision-making capabilities of AI […]

Commission welcomes agreement on strong EU targets to reduce CO2 emissions from new trucks and urban buses

This article is brought to you in association with the European Commission. The European Commission welcomes today’s agreement between the European Parliament and Council on a provisional political agreement strengthening CO2 emissions standards for new heavy-duty vehicles (HDVs) entering the EU market from 2030. The Regulation will set new ambitious CO2 emissions reduction targets for 2030, 2035 and 2040. The […]

How we can decarbonize the tyre industry for a sustainable future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Neeraj Kanwar, Vice-Chairman and Managing Director, Apollo Tyres Ltd The need to address the climate crisis is an unavoidable imperative and the tyre industry can take the lead in embracing a sustainable way of working. The climate crisis […]

Clean energy deployment along the value chain is key to China’s industry decarbonization. 3 business leaders explain why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Liming Chen, Chair of Greater China; Member of the Executive Committee, World Economic Forum, Samantha Zhu, Chairperson; Market Unit Lead, Greater China, Accenture Energy and industry has been one of the themes for this year’s United Nations climate […]

Commission President advances global cooperation on carbon pricing in high-level event at COP28

This article is brought to you in association with the European Commission. Commission President Ursula von der Leyen today hosted a high-level event at COP28 to promote the development of carbon pricing and carbon markets, as powerful instruments to reach the Paris Agreement objectives. It builds on the Call to Action for Paris-aligned Carbon Markets that the European […]

Why carbon dioxide removals are crucial to tackling hard-to-abate emissions

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nasim Pour, Lead, Carbon Removals and Market Innovation, World Economic Forum / Engineered carbon dioxide removals (CDR) are not only crucial to offset the hardest to abate emissions but also reverse the buildup of historical emissions. So far, […]

MEPs back plans to boost Europe’s Net-Zero technology production

This article is brought to you in association with the European Parliament. New legislation aims to strengthen the business case for decarbonisation in Europe The Act supports manufacturing of the key technologies needed to achieve EU’s decarbonisation objectives MEPs propose faster authorisation procedures and net-zero industry clusters The legislation voted on by the Industry Committee on […]

MEPs support CO2 emissions reduction targets for trucks and buses

This article is brought to you in association with the European Parliament. The Environment Committee adopted its proposals to strengthen EU CO2 emission standards for new heavy-duty vehicles, which include buses, trucks and trailers. The report was adopted on Tuesday with 48 votes in favour, 36 against and one abstention. It says that strengthening CO2 emission […]

CO2: a solution to the climate crisis (provided it’s the green and leafy kind)

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emil Vikjær-Andresen, Executive Vice-President, Head of Power-to-X , European Energy A/S Biogenic CO2 can be combined with green hydrogen to produce electro-fuels.Such fuels could provide carbon-neutral energy for hard-to-abate industries.More developed CO2 infrastructure is needed to encourage adoption […]

A practical guide for corporations to navigate the voluntary carbon markets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nasim Pour, Lead, Carbon Removals and Market Innovation, World Economic Forum, Dale Hardcastle, Partner, Bain & Company, Henning Huenteler, Expert Associate Partner, Bain & Company Inc., Sara Figel, Consultant, Bain & Company Voluntary carbon markets (VCM) have a […]

Innovation is crucial for tough-to-decarbonize industries. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stéphanie Thomson, Writer, Forum Agenda Industries like mining are especially complicated to decarbonize, since fossil fuels are baked into their processes.Decarbonizing hard-to-abate industries will instead call for innovation, argue leaders at the Sustainable Development Impact Meetings.The World Economic […]

Scope 3 emissions are key to decarbonization – but what are they and how do we tackle them?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pim Valdre, Head, Climate Ambition Initiative, World Economic Forum, Jay Hawkins, Communications Lead, Climate and First Movers Coalition, World Economic Forum Scope 3 emissions – those a company is indirectly responsible for across its value chain – represent […]

Commission adopts detailed reporting rules for the Carbon Border Adjustment Mechanism’s transitional phase

This article is brought to you in association with the European Commission. The European Commission adopted today the rules governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase, which starts on 1 October of this year and runs until the end of 2025. The Implementing Regulation published today details the transitional […]

Why industrial clusters are key to unlocking the potential of carbon capture solutions

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Melissa Stark, Global Lead for Energy Transition and Net Zero Transition Services, Accenture, Gregory Claes, Pipeline program lead, Port of Antwerp-Bruges Carbon capture is key in lowering the carbon footprint of heavy emitting sectors – steel, chemicals, cement […]

How (and why) to boost carbon capture, usage and storage to move towards net zero

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Wioletta Nawrot, Associate Professor of Economics and Sustainable Finance, ESCP Business School, London campus, Tomasz Walkowicz, Senior Manager, Banking Analytics, Deloitte One promising process to reach carbon emission targets laid out in the Paris Agreement is Carbon Capture, […]

How to accelerate the decarbonization of aviation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alejandro De Quero Cordero, Sustainability Lead, Aerospace and Drones, World Economic Forum The aviation industry presents one of the most formidable decarbonization challenges.Aviation contributes under 3% of global carbon emissions.Decarbonizing aviation will require all available options, including battery-electric […]

The pioneering carbon dioxide moonshot that could help tackle climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Will Gardiner, CEO, Drax Time is running out to tackle the climate crisis – we need urgent solutions.In the spirit of the moon landing, action is needed to limit global warming.Bioenergy with carbon capture and storage could help […]

Riding the ESG investing rollercoaster and the safeguards that intelligent carbon accounting can provide

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author:Luiz Avelar, Senior Director, Strategy, Envision Digital Once hailed as the poster child of investing, ESG (environmental, social and governance) reporting has been rapidly growing in recent years, with investors spilling trillions of dollars into funds that prioritise organizations […]

If good data is key to decarbonization, more than half of Asia’s economies are being locked out of progress, this report says

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ewan Thomson, Senior Writer, Forum Agenda If measuring something is the first step towards understanding it, and understanding something is necessary to be able to improve it, then good data is the key to unlocking positive change. This is […]

EU countries approve 2035 phaseout of CO2-emitting cars, and the other nature and climate news you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood Writer, Forum Agenda 1. EU countries approve 2035 phaseout of CO2-emitting cars European Union countries gave final approval on 28 March to a landmark law to end sales of new CO2-emitting cars in 2035, after Germany won […]

Fit for 55: zero CO2 emissions for new cars and vans in 2035

This article is brought to you in association with the European Parliament. Parliament approved the new CO2 emissions reduction targets for new passenger cars and light commercial vehicles, part of the “Fit for 55” package. With 340 votes in favour, 279 against and 21 abstentions, MEPs endorsed the deal reached with the Council on revised CO2 […]

Decarbonizing real estate: How to price the net zero transition to avoid a ‘carbon bubble’

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kalin Bracken, Lead, Real Estate, World Economic Forum Real estate is the largest asset class in the world and it’s also one of the most significant contributors to global carbon emissions. As recognition of the existential threat of […]

Finance pivots from risks to the opportunities of energy transition and decarbonization at COP27

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Huw van Steenis, Vice-Chair, Oliver Wyman The mood at COP27 was subdued. The Ukrainian war, the energy crisis, rampant inflation, summer droughts and the sharp increase in the costs of capital for projects all weighed on investors’ and […]

Zero emission vehicles: first ‘Fit for 55′ deal will end the sale of new CO2 emitting cars in Europe by 2035

This article is brought to you in association with the European Commission. The European Commission welcomes the agreement reached last night by the European Parliament and Council ensuring all new cars and vans registered in Europe will be zero-emission by 2035. As an intermediary step towards zero emissions, the new CO2 standards will also require average […]

Germany’s €9 transit ticket cuts 1.8 million tonnes of CO2

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, Public Engagement, World Economic Forum For three months, Germany has been offering ultracheap monthly tickets for all local trains, metros, trams and buses. The scheme was introduced in an effort to encourage the use […]

How local banking can help champion decarbonization in emerging markets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Milagros Rivas Saiz, Chief of Advisory Services, Interamerican Development Bank Group, Ayla Majid, Founder and Chief Executive Officer, Planetive & Michael Hayes, Global Head, Renewables, KPMG Emerging markets need $1 trillion a year to transition to net-zero. Clean-energy […]

Today’s children will emit 10 times less CO2 than their grandparents

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content Today’s children will emit 10 times less CO2 than their grandparents, if the world reaches net-zero emissions by 2050, the IEA estimates. In advanced economies with bigger carbon footprints, people born in […]

Companies are sucking carbon from the atmosphere using ‘direct air capture’. How does it work?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content Direct air capture involves removing CO2 from the air and storing or reusing it. The world’s first large-scale plant is being built in the United States. Companies such as Microsoft, Shopify and […]

What are low-carbon emitting technologies? An expert explains

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alexander Sauer, Director, Institute for Energy Efficiency in Production (EEP), University of Stuttgart & Abhinav Chugh, Content and Partnerships Lead, Strategic Intelligence, World Economic Forum Access to affordable renewable energy and their deployment are key enablers for decarbonization […]

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