World now has 1 TW of wind and solar capacity, 2 TW expected in 2023
The capital expenditure for constructing these plants totalled USD 2.3 trillion (EUR 1.99tr), while the next 1 TW of capacity will cost 46% less.
Humankind
Global carbon market increases by 56% in one year, says World Bank
The report, launched today, finds that there are currently 51 carbon pricing initiatives around the world, consisting of 25 emissions trading schemes and 26 carbon taxes.
Global clean energy sector now employs more than 10 million for the first time ever
More than half a million jobs around the world were created in the renewable energy sector in 2017, bringing the total number of people employed in the sector to more than 10 million for the first time
Half of the world’s public buses will be electric by 2025
Nearly half of the world’s bus fleet will be electric by 2025, according to a new Bloomberg report. China will be a major player in this global trend.
Global carbon emissions stood still in 2016
The new data is a welcome sign of progress in the battle against global warming but many challenges remain.
Migrants send home 51% more money than a decade ago, lifting millions out of poverty
While the report shows that there have been increases in sending patterns to almost all regions of the world, the sharp rise over the past decade is in large part due to Asia which has witnessed an 87 per cent increase in remittances.
Global Social Progress Index rises from 62.88 in 2016 to 64.85 in 2017
The Social Progress Index offers a rich framework for measuring the multiple dimensions of social progress, benchmarking success, and catalyzing greater human wellbeing.