UK: Battery storage project agreement reached

UK: Battery storage project agreement reached

Green Investment Group (GIG) and Bluestone Energy have entered into an agreement to develop up to 2GW of UK battery storage projects. To meet the UK’s 2050 net zero target, it is estimated the proportion of intermittent wind and solar capacity in the country’s...
World Bank: Türkiye set for $146bn in climate savings

World Bank: Türkiye set for $146bn in climate savings

New report says Türkiye can reap $146bn over 20 years if it boosts climate resilience and adaptation and mitigates greenhouse gases across its economy. According to a new report from the World Bank, Türkiye stands to reap $146bn over the next two decades, but only by...
Earth Day: 2022 marks watershed for climate change

Earth Day: 2022 marks watershed for climate change

This year saw the sad declaration that climate change will rise above 1.5°C, but it has also seen the launch of global verification of green infrastructure projects and fast-rises in renewable energy and sustainable finance.  Severe weather events are proliferating...
Carbon Trust seeks bids for 16 offshore wind R&D projects

Carbon Trust seeks bids for 16 offshore wind R&D projects

The UK’s Carbon Trust’s Offshore Wind Accelerator (OWA), a collaboration between nine offshore wind developers, has launched the first of 16 new research and development (R&D) projects this year.  The research projects span five key areas: cables, electrical...
Tony Barry – Corruption is an integrity and leadership challenge

Tony Barry – Corruption is an integrity and leadership challenge

How do we combat and condemn bribery, while promoting ethics, integrity and transparency during times of corruption and conflict? This is the question FIDIC president Tony Barry attempted to answer for an international audience. Tony Barry has set out the need to...
IDB launches $1bn sustainable development bond

IDB launches $1bn sustainable development bond

The Inter-American Development Bank (IDB) upgraded its first five year $500m global sustainable development bond to $1bn under its new framework. The Inter-American Development Bank has launched its first five year $1bn global sustainable development bond under its...