Norway is starting the world’s biggest divestment in oil and gas
The Government Pension Fund Global, which was built off Norway’s oil revenues, will begin phasing out $8 billion held in 134 firms to reduce the fund’s risk from volatile oil prices.
Europe
Landmark study finds tackling inequality is key to realizing UN Sustainable Development Goals
A landmark study of the relationship between each of the United Nations Sustainable Development Goals (SDGs) has found that tackling inequality in rich countries could unlock the prize of a better and more sustainable future for all.
The largest dairy producer in Scandinavia pledges to carbon net zero by 2050
Arla Foods have revealed ambitions to reduce greenhouse emission on dairy farms by 30% per kilo of milk over the next decade, with a goal of carbon net zero by 2050.
In ‘world first’, blind people in Scotland have vision restored thanks to stem cells
Thanks to the pioneering tissue transplant, eight patients with a common condition that destroys vision have had the affected area repaired –and two were able to read again after having severe macular degeneration.
Finland to ban coal-fired power by 2029
The Finnish Parliament approved a motion last week to bring forward its ban on coal for energy use to May 1, 2029, bringing the country in line with the majority of the European Union in walking away from coal-fired power.
Honda to electrify 100% of its European sales by 2025
Honda revealed their ambition to make 100% of its European sales electrified by 2025. This has built on the vehicle manufacturer’s previous goal of two thirds electrified by 2025.
New offshore wind deal to triple number of ‘green collar jobs’ in U.K. by 2030
The new deal plans to increase the workforce within the sector to 27,000 by 2030, tripling the current 7,200 jobs today. The deal is in line with the strategy’s Clean Growth Grand Challenge to maximize the advantages for UK industry from the global shift to clean growth.
H.I.V. is reported cured in a second patient, a milestone in the global AIDS epidemic
Scientists have long tried to duplicate the procedure that led to the first long-term remission 12 years ago. With the so-called London patient, they seem to have succeeded.
Electric vehicle sales in Europe jump 67% year over year in January 2019
Fully electric vehicles (BEVs) have been flourishing. In the first month of 2019, all-electrics jumped 67% year over year (YoY), to almost 21,000 deliveries.
E.U. invests over €10 billion in low-carbon technologies
“Our objective is to keep building a modern, competitive and socially fair Paris-aligned economy for all Europeans. For this to happen, we will need deployment of clean innovative technologies on an industrial scale.”