Latest news with #ClimateAction
Reuters
2 days ago
- Business
- Reuters
Gresham House CEO sees US clients looking to Europe for green investments
LONDON, June 26 (Reuters) - U.S. and Asian investors are looking to Europe after a pullback in U.S. government support for domestic projects linked to the transition to a low-carbon economy, Tony Dalwood, CEO of investment manager Gresham House, said. Since taking office, U.S. President Donald Trump has moved to cut various environmental initiatives, regulations and standards championed by his predecessor, including ending tax credits for green energy projects years earlier than planned. Pressure to slow down the transition to net-zero emissions is also growing in other countries, but many governments remain committed to investing more and making it easier to invest in projects such as hydrogen and solar power. "What we're seeing is (U.S.) ... investors wanting to come to Europe and talk about it a bit more," across infrastructure, energy transition investments and natural capital, Dalwood said on Thursday at a Reuters NEXT Newsmaker event during London Climate Action Week. "And that's applying elsewhere across the globe; Asia thinking should they invest in Europe more than they did previously, when they would have gone to North America. That's definite, talking to (investors) globally in the last six months." Dalwood said the British government's action to commit to green energy in an Industrial Strategy released this week was an important signal. Under the plan, the government wants to increase investment in clean energy to more than 30 billion pounds ($41.23 billion) a year by 2035, although in a nod to political pressures over the costs of the transition, it said it aimed to cut green levies for business. For Gresham House, which has around $12 billion in assets under management and is Britain's biggest commercial forestry manager, the UK's support for green energy was particularly important for the growth of the market for so-called "natural capital", Dalwood said. This includes investments in sustainable forestry and agriculture, biodiversity gains, carbon sequestration and water management, which investors see as ways to meet sustainability goals. "Some of our clients have gone from zero to 4% allocations in their asset allocation over the last 12 months in natural capital, and forestry is a big part of that," Dalwood said, adding he expected it to grow "to a much larger number". ($1 = 0.7276 pounds)
Yahoo
2 days ago
- Politics
- Yahoo
Prince of Wales leads fight against climate change
The Prince of Wales, as Founder of The Royal Foundation's United for Wildlife programme, attends a high-level roundtable entitled 'Nature's Guardians: On the Road to COP30 & Beyond' as part of London Climate Action Week.
Cision Canada
20-06-2025
- Business
- Cision Canada
China Mobile and ZTE win the Asia Mobile Award 2025 with AI-driven 5G cloudified core network
China Mobile and ZTE have developed the innovative AI-driven green and energy-saving 5G cloudified core network project to reduce the energy consumption and improve the network performance and operation efficiency The AI-driven green and energy-saving 5G cloudified core network innovative and replicable solution helps operators reduce OPEX and CAPEX while achieving significant energy saving effect SHANGHAI, June 20, 2025 /CNW/ -- ZTE Corporation ( / a global leading provider of integrated information and communication technology solutions, in partnership with China Mobile, has earned "Best Mobile Innovation for Climate Action in Asia" award for their AI-driven green and energy-saving 5G cloudified core network innovation project at the Asia Mobile Awards(AMOs) during MWC Shanghai 2025. Energy conservation, emission reduction and green transformation in the communications industry are key issues in the global shift towards green and sustainable development. The innovative AI-driven green and energy-saving 5G cloudified core network project aims to significantly reduce the energy consumption of the 5G core network while enhancing network performance and operation efficiency through the innovative cloud-native architecture and intelligent energy-saving technology. Leveraging ZTE's leading Intelligent 5G core network solutions and China Mobile's extensive experience in green communications, this project successfully achieves energy efficiency optimization and carbon emission reduction of 5G core network, providing operators with efficient and environmentally-friendly 5G core network deployment solutions. The AI-driven green and energy-saving 5G cloudified core network innovation project not only helps operators reduce OPEX and CAPEX, but also provides replicable solutions for the sustainable development of global 5G core networks. To date, this project has been deployed across multiple provinces of China, achieving significant energy savings. Moving forward, ZTE will further its collaboration with China Mobile to promote the application of green and energy-saving technologies in a wider range of network systems. Both parties will work together with global partners to advance the green and intelligent development of 5G networks, with great commitment to the sustainable development of the global communications industry. ABOUT ZTE: ZTE connects the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, and its portfolio spans communication networks, computing infrastructure, industry digital solutions, and personal and home smart terminals. Serving over a quarter of the world's population, ZTE is dedicated to leading globally in connectivity and intelligent computing, enabling communication and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges.
South Wales Argus
20-06-2025
- Science
- South Wales Argus
Schools invited to take part in week of climate action
Let's Go Zero is behind the Climate Action Countdown 2025, a free week of climate activities running from June 23 to 27 designed to build confidence and creativity in the classroom. Lee Hughes, chief operating officer at Peterborough Diocese Education Trust, said: "The Climate Action Countdown was an outstanding opportunity for our school communities to come together and show leadership in the fight to reduce carbon emissions." Schools can win prizes worth more than £700, including a WiFi wildlife camera, climate CPD training, and daily prizes for the best pupil photos and videos. The programme offers a flexible 'pick-and-mix' pack of curriculum-friendly activities. The week wraps up with the Great Big Climate Quiz. A pupil from SS Peter and Paul's Catholic Primary School in Essex said: "It's really fun and interacts with children in the right way to convince them to care about our planet."
BBC News
19-06-2025
- Business
- BBC News
Climate Action Plan: What does new document mean for NI?
Northern Ireland's first Climate Action Plan has been published for is a roadmap to support emission reduction targets across nine sectors, including energy, transport, waste management and sets out how Northern Ireland will meet its 2023-2027 carbon budget target of cutting emissions by an annual average of 33%, compared to the base year of plan is led by the Department of Agriculture, Environment and Rural Affairs (Daera) and is a legal obligation under the Climate Change Act which must be renewed every five years. So, what does the plan set out for different areas of society? Energy production The Climate Change Act (Northern Ireland) 2022 sets out a target of at least 80% of electricity used in Northern Ireland to come from renewable sources by CAP outlines that the goal is to produce more clean energy, such as wind and solar power to achieve the 80% are plans to continue a support scheme that has helped NI generate more renewable energy and have rules to control certain harmful gases that can damage the CAP proposes a new programme to encourage more renewable electricity. Farming and agriculture Agriculture is the largest emitter. It was responsible for 29.1% of Northern Ireland's greenhouse gas emissions in 2022, according to the rose to 31% based on 2023 has chosen not to follow the UK Climate Change Committee's recommendation that livestock numbers should be it opts for changing farming practices to cut greenhouse gas emissions in the sector. The UK's Climate Change Committee has previously recommended "radical action" for Northern Ireland to reach its goals, including reducing livestock numbers to reduce emissions in draft plan does not act on that it relies on improving farm productivity through genetics, soil testing and novel feeds, encouraging low carbon farming practices and increasing the use of slurry for energy through biomethane generation to cut emissions in the farming CAP outlines that the Sustainable Agriculture Programme will help farms become more environmentally friendly and work better together, to reduce greenhouse gas emissions in farming in Northern Ireland. Business and industry Business and industry is responsible for 11.9% of Northern Ireland's greenhouse gas emissions, according to the CAP outlines that businesses and industries in NI follow many UK are also plans in place for NI to help the economy. These include:Checking how well heating and power systems use energy and how they affect the environmentMaking buildings more energy efficientSetting rules on emissions (pollution from businesses), product design, and labellingRequiring businesses to report their emissions and offering funding to help them improveEncouraging the use of natural gas instead of other fuelsUpdating Northern Ireland's building rules Transport Transport is the second-largest source of emissions in Northern CAP says vehicle emissions will be reduced by switching fuels to zero and low emissions plan proposes shifting modes of transport away from private car journeys to sustainable travel alternatives like walking and cycling. It also proposes reducing the need and length of vehicle journeys. Residential and public buildings Emissions from Northern Ireland's homes have fallen by 31.4% between 1990 and 2022, according to the CAP. Emissions from residential buildings are mainly due to the use of fossil fuels for heating and generating hot CAP says in order to cut down emissions, cleaner ways to heat homes will need to be used. This means switching to fuels like natural gas and using new heating systems that run on is also planned that how homes are built will be improved to make them easier to heat, along with making homes use less energy to help reduce how much power is used. Waste management Waste accounted for 3.6% of total Northern Ireland's greenhouse gas emissions in 2022, according to the recycling rates have increased from 10% in 2010 to just over 51% in law sets a target to recycle at least 70% of waste by CAP says reducing emissions in waste will be achieved by:Making improvements to how food waste is collected from households and less biodegradable waste going to landfill Increasing recycling rates and improving quality of the material that is collected for recycling Land use and forestry Land use and forestry emissions represented 10.1% of total annual emissions in NI in 2022, the CAP outlined. This rose to 12% in CAP says in order to help the environment, a reduction in pollution is needed, along with absorbing more carbon from the plan states:The Forests for Our Future plan will create 9,000 hectares of new woodland by Northern Ireland Peatland Strategy will help protect these important habitats. Programmes such as Farming with Nature and the Soil Nutrient Health Scheme will support farmers in caring for the land while helping the should be noted that at the halfway point of the Forests for Our Future plan, about 2,000 hectares have been created, a shortfall the Woodland Trust described as "a missed opportunity".The conservation charity's Northern Ireland director John Martin said "urgent and sustained action" was needed."Every tree planted is a legacy of hope, resilience, and renewal for generations to come," he said."Now is the time to reinvigorate our collective commitment to woodland creation and management in Northern Ireland." Fisheries Fisheries is the smallest emissions sector, accounting for 0.1% of NI's greenhouse gas emissions in are plans to invest in research to find new ways to make fishing boats less harmful to the are also plans to prepare for change by exploring the use of electric boats and low or zero emission fuels. Announcing the consultation, the Daera minister said it was a "milestone moment" in addressing climate change."We have seen the damaging and costly impacts of climate change around the world and closer to home from flash flooding, wildfires and more frequent and severe storms," Andrew Muir said."No section of society is immune. It is essential we take action and I would encourage everyone to take part in this 16-week consultation." Analysis: Questions over speed of action By BBC News NI agriculture and environment correspondent Louise Cullen The consultation on this draft plan may well be greeted with a cry of, "at last" from campaigners. The final plan should have been laid at the end of 2023, but better late than never. As the lead department, Daera is confident the plan puts Northern Ireland on the trajectory to meet the first carbon budget target – much of the estimated £718m cost has already been invested with many of the policies and proposals referenced in place. But some of those policies are proving slow to get off the ground. "Future generations will thank us for stepping up to this challenge of our lifetimes," ends Muir's statement. But how quickly we move now will be the decider. During the 16-week consultation there will be 10 public events and 2 online sector-specific sessions for people to consultation will close on 8 October.
