Indian government to raise $3.3 billion through green bonds
At COP26, India announced the target to have 500 GW of renewable energy capacity by the end of the decade. These green bonds will offer a major boost toward this end.
Nations
Endangered markhor population doubles in 3 decades in Pakistan
The markhor was listed as an endangered species by the IUCN in 1994 due to overhunting for meat and horns, and its population number was estimated to be less than 2,500 at the time.
Thailand approves subsidies for electric vehicles
The Thai government has approved a budget of 3 billion baht to subsidize the price of electric vehicles to promote the shift to a low carbon society.
The U.K.’s offshore wind pipeline sees a 60% increase in 12 months
The UK’s total pipeline of offshore wind projects has now reached 86 gigawatts (GW), according to new research published today by not-for-profit renewable energy trade association RenewableUK.
The majority of Portuguese Cabinet Ministers are women for the first time ever
The socialist-majority government will take over on March 30, in a week. For the first time ever in the history of Portugal, the majority of ministers are women, 9 out of 17.
Panama legally recognizes rights of nature
The new law could have major implications for Panama’s land and energy development policies, which are now required to respect and protect the natural world’s new rights.
Light-duty plug-in electric vehicle sales in the United States nearly doubled from 2020 to 2021
The rapid growth in plug-in electric vehicle sales from 2020 to 2021 is remarkable in the context of overall light-duty vehicle sales, which increased by only 3% during the same period.
World’s first CO2 emissions tariff to be introduced in the E.U. by 2026
The EU wants to introduce CO2 emissions costs on imports of steel, cement, fertilizers, aluminum and electricity, from 2026.
Italy approves 6 new wind farms to reduce reliance on Russian gas
Italy’s plan is to end its reliance on Russian gas “within 30 months,” says the minister for the ecological transition.
Ukraine and Moldova join European power grid, ending their dependence on Russia
ENTSO-E, whose 39 members operate the world’s largest interconnected electrical grid, said the move means they will be able to help maintain the stability of the nations’ power systems.