ESG Insider: IEA launches commission on a just energy transition
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The International Energy Agency (IEA) on July 10 launched a Global Commission on People-Centered Clean Energy Transitions, a group focused on helping decisionmakers around the world pursue energy transition policies that prioritize fairness and affordability. The IEA is an autonomous intergovernmental organization focused on shaping energy policies.?
The new commission, building on recommendations issued by its predecessor in 2021, will be led by Deputy Prime Minister Teresa Ribera of Spain and Minister Alexandre Silveira of Brazil and will include a mix of representatives from governments, international organizations, labor unions and other parts of civil society.
"Clean energy transitions will only succeed if their advantages are shared with all parts of society," IEA Executive Director Fatih Birol said in a news release .
The commission will hold its first meeting in October at the G20 Energy Transitions Ministerial Meeting in Brazil, and the issues it explores will help inform the agenda of COP30, the UN climate change conference in 2025, the IEA wrote.
In this week’s newsletter, we explore how the record-breaking early appearance of Hurricane Beryl in Texas signals an evolving and more unpredictable risk environment for the US insurance industry. We look at how AI and increased need for data centers is putting one major tech company's decarbonization goals at risk, and we look at China's plans to test several decarbonization technologies at coal plants.
We also feature new research from S&P Global on the soaring viewership and revenue growth of women’s sports teams in Europe and the US, which signal new opportunities for investors and sponsors.
Staying on that topic in this week’s ESG Insider podcast, we’re kicking off a series exploring why sustainability is a growing focus in the sporting world.
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Chart of the Week
Turning Moments into Movements: Women's Sports Olympics Momentum and the Opportunities for Investors and Sponsors?
Higher viewership and revenue highlight the priorities and challenges for the future of women's sports, including seeking new high-potential markets and investments, according to new research from S&P Global.
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Hurricane Beryl's early start highlights changing risk environment
While US insurers can handle the losses from Hurricane Beryl, the record-breaking early appearance of a Category-5 storm signals an evolving and more unpredictable risk environment for the industry, according to S&P Global Market Intelligence.?
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Google says datacenters, AI cause its carbon emissions to rise sharply
Google said increased electricity demand driven by artificial intelligence and its growing fleet of datacenters caused the company's greenhouse gas emissions to soar by 48% above its 2019 baseline, creating a challenge for the tech giant in meeting its carbon neutrality goals by 2030, S&P Global Commodity Insights reports.?
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领英推荐
China to test run biomass, ammonia and carbon capture in coal-fired plants
China plans to test run decarbonization technologies at coal-fired power plants, including co-firing with ammonia and biomass, and carbon capture and storage, to reduce their carbon intensity, S&P Global Commodity Insights reports.?
ESG Insider Podcast
Sustainability in Sports: Why the sporting world is joining the race to sustainability In this week’s ESG Insider podcast, we turn our attention to sustainability in sports. We talk with Christian Hartmann, CEO of the Global Sustainability Benchmark in Sports, who says the sporting world is facing pressure to become more sustainable from many sources, including fans, investors and regulators. >>Listen on Spotify ?or Apple Podcasts ?or YouTube Music
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