Climate goals Archives | ESG News.earth

AI Boom Threatens Climate Goals

Posted by ESGNEWS Team - December 4, 2025

The AI boom-fueled data center expansion will double power demand, slow US emissions cuts, and increase global water stress

India Forces Solar Upgrade: Module Efficiency to Hit 21.5% by 2028

ALMM Overhaul: India Raises the Solar Bar

Posted by ESGNEWS Team - December 3, 2025

New ALMM rules mandate higher solar module efficiency and domestic cells, accelerating India’s renewable energy quality drive

India Pushes JCM for Equitable Global Climate Action

Posted by ESGNEWS Team - November 21, 2025

JCM is key to technology, finance, and India’s climate goals

Policy Failure: Trillion-Dollar Cost of the Climate Retreat

Posted by Sonal Desai - November 4, 2025

Political pressure and lobbying are triggering a global policy retreat, undermining urgent climate goals through greenwashing and commitment rollbacks

EU Limits Scope of CSDDD

Posted by ESGNEWS Team - October 14, 2025

The EU has revised its CSDDD, easing compliance burdens while maintaining core human rights and environmental responsibilities.

Global Brands Oppose EU Deforestation Deadline Delay

Posted by ESGNEWS Team - October 13, 2025

Top global brands have urged the EU to maintain the 2025 deforestation regulation deadline, warning further delay risks climate goals and business trust

Green Energy Transition Needs Global Funds: WRI India CEO

Posted by ESGNEWS Team - September 5, 2025

India’s green energy shift is 83% domestically funded; unlocking international finance is crucial

Singapore, Chile Sign Carbon Credit Agreement

Posted by Sonal Desai - April 16, 2025

The carbon credit agreement creates a framework for high-integrity carbon credit transfers aligned with Article 6 of the Paris Agreement

Vijay Nirani Appointed Co-Chair India Alliance on SAF

Vijay Nirani Appointed Co-Chair of India SAF Alliance

Posted by ESGNEWS Team - February 4, 2025

The India SAF Alliance, initiated by The Carbon Market Association of India (CMAI), aims to accelerate SAF adoption and foster collaborative efforts towards achieving India’s climate goals

4 Ways CPOs are Leading Corporate Sustainability

Posted by ESGNEWS Team - January 8, 2025

Often referred to as unsung heroes, CPOs must drive systemic transformation to build green and resilient supply chains and secure a more sustainable future.

CERC proposes New Carbon Credit Trading Regulations

Posted by ESGNEWS Team - November 18, 2024

CERC aims to establish a transparent and well-defined framework for Carbon Credit Certificate trading on power exchanges

As nations look to secure supply chains and economic opportunities, a new IEA analysis demonstrates the intricate interactions between energy, industrial, and trade policies. Energy Technology Perspectives 2024, the latest IEA publication, focuses on the future of the top six mass-produced clean energy technologies. These include solar photovoltaics, wind turbines, electric vehicles, batteries, electrolysers, and heat pumps. The global technology market is projected to grow from $700 billion in 2023 to over $2 trillion by 2035, equivalent to the value of the crude oil market in recent years, largely due to current policy settings. The clean technology trade is projected to significantly increase, reaching $575 billion within ten years, surpassing half of the current global natural gas trade. The IEA report highlights the significant opportunities for nations to manufacture and trade clean energy technologies due to their rapid adoption. It also presents difficult choices for governments, who must balance trade-offs and tensions depending on the industrial and trade policies they choose to implement. Clean technologies market is expected to surpass fossil fuels in value over the next decade. The integration of energy, industry, and trade is becoming increasingly interconnected as nations strive to establish their position in the new energy economy. “As we have demonstrated, clean energy transitions offer a significant economic opportunity, which nations are rightfully attempting to take advantage of. Governments should, however, work to create policies that support ongoing competition, cost-cutting, and innovation in addition to advancements in their energy and climate goals,” said Fatih Birol, Executive Director, IEA. The global clean technology market is growing rapidly, with significant investments in clean technologies being made by countries like China, the US, the EU, and India. Despite the impact of the US Inflation Reduction Act, the EU's Net-Zero Industry Act, and India's Production Linked Incentive Scheme, China is expected to dominate the global manufacturing sector, with its clean technology exports expected to surpass $340 billion in 2035. This is approximately equal to the combined oil export earnings of Saudi Arabia and the United Arab Emirates this year. ETP-2024 highlights that nations at different stages of development can still access the clean energy economy, despite less than 5% of the value created by developing clean technologies today. The analysis of over 60 indicators, including business climate, energy and transportation infrastructure, resource availability, and domestic market size, provides crucial insights for emerging and developing economies. The report suggests that emerging economies can leverage their competitive advantages to expand beyond mineral extraction and processing. In the next ten years, Southeast Asia may become affordable for polysilicon and solar panel wafer production, Latin America, particularly Brazil, expand wind turbine exports, and North Africa could become a center for electric vehicle manufacturing. The Strait of Malacca, separating Pacific and Indian oceans, now accounts for half of all maritime trade in clean energy technologies. The Strait of Hormuz is involved in more than 20% of the fossil fuel trade, with varying implications for energy security. It highlights the global impact of the growing trade in clean energy technology, suggesting that importing clean technologies could enhance energy supply resilience and longevity. Solar PV modules on large container ships can produce as much electricity as 50 LNG tankers' natural gas or 100 bulk ships' coal in a single trip. "Many economies, not just a select few, should benefit from growth in the production and trade of clean energy technologies," Dr. Birol stated. According to this report, nations in Africa, Latin America, Southeast Asia, and beyond have a great chance to be significant players in the emerging energy economy. And it concludes that they can realize this potential with strong strategic alliances, more funding, and more work to lower exorbitant financing costs.

Global Clean Energy Market to Reach $2 T in 10 Years

Posted by ESGNEWS Team - October 31, 2024

As energy transitions progress, the global market for critical clean energy technologies is expected to triple to over $2 trillion over the next ten years