Singapore sets new pathway to accelerate netzero transition

Singapore has set a new pathway to accelerate the transition to net zero emissions with hydrogen seen as a major energy source that could supply up to half of the country’s power needs by 2050. The city-state has tightened its national climate target and plans to achieve net zero emissions by 2050 and peak its

Envision and Toyota Tsusho China to partner for netzero transition

Envision, the global green tech partner for net zero, and Toyota Tsusho (China) Co., Ltd., one of the leading Japanese General Trading Houses in Toyota Motor Group, announced a strategic partnership in China to support the company and its clients’ net zero transition. Toyota Tsusho has committed to reducing its greenhouse gas (“GHG”) emissions by

Climatiq raises €6 million to fuel net zero future

Berlin-based startup Climatiq has just raised €6 million to fuel the development and expansion of its climate intelligence platform. The climate tech innovators are powering net zero solutions by providing better oversight into the reality of carbon usage. United with a common mission of cooling the earth and pushing our planet to a more sustainable

ABS highlights role of PPP in realizing netzero by 2050

The decisive role of public-private partnerships in delivering net zero for shipping by 2050 was spotlighted by Christopher J. Wiernicki, ABS Chairman, President and CEO in his keynote address at the 2022 SHIPPINGInsight conference. “We are clearly in the early innings of a decade of change. For shipping, the challenge and opportunity lies in two

Aviation sector’s netzero goal puts pressure on IMO

With two months to go until the 79th gathering Marine Environment Protection Committee (MEPC), the International Maritime Organization (IMO) is facing pressure to up its game when it comes to green targets. Member states at IMO’s sister body at the United Nations, the International Civil Aviation Organisation (ICAO), voted to adopt a collective long-term global

South Western Railway to reach netzero target by 2040

South Western Railway have announced a landmark commitment to reach net zero carbon emissions by 2040 at the latest. South Western Railway (SWR) has announced a landmark commitment and roadmap to deliver net zero carbon emissions by 2040 at the latest, ten years ahead of the UK’s overall legal deadline to be net zero by

HMM and Panasia to work together for developing onboard carbon capture

Flagship carrier HMM has signed a memorandum of understanding with compatriot Panasia to collaborate on developing onboard carbon capture systems. The two will start by carrying out a feasibility study before likely testing a prototype on some of HMM’s ships. HMM aims to reach net-zero carbon emissions across its entire fleet by 2050 and is

CMA CGM forms $1.5 bn fund for decarbonization

The CMA CGM Group is creating a “Special Fund for Energies,” backed by a five-year, $1.5 billion commitment designed to accelerate its energy transition and achieve net zero by 2050. The mission of the fund is both to invest in projects to secure the supply of renewable energies for all the group’s businesses and to

Carbon Offset Program Unveiled By G2 Ocean For Its Customers

G2 Ocean has launched a carbon offset program for its customers enabling them to digitally offset the emissions of their shipments by choosing to fund one or multiple climate projects. The introduction of the carbon offset program is a step for G2 Ocean toward its targets of becoming a net-zero emissions company by 2050 and

IOC to invest $25 billion to realize net-zero goals set for 2046

Indian Oil Corp, the country’s top refiner, plans to invest more than $25 billion to achieve net-zero emissions from its operations by 2046, its chairman S. M. Vaidya said at an annual shareholders meeting. India, one of the world’s biggest greenhouse gas emitters, is aiming to reach net-zero emissions for the country by 2070. On