Shoppers Want More Sustainable Products, But Brands Are Struggling To Keep Up – Forbes
The drive towards sustainable products is putting stress on supply chains as the infrastructure is still playing catch-up with demand. Some major brands have bought their smaller, eco-friendly competitors, others are investing in new technologies and facilities. Whether they'll keep pace with what green consumers want is going to be a critical decision point for management in the years ahead and major changes to business models are going to have to occur.
Environmental product declarations gaining traction – The Fifth Estate
With consumers demanding more information about their products, Australia is seeing a boom in environmental product declarations. EPDs set out environmental information about the materials and processes used to create a product, which can either be presented to a consumer or used by companies in selecting components and suppliers. The growth is not without problems though, as Australia lacks firm definitions on what EPDs are or how to present them.
Colombia fails to award renewable energy projects despite appetite – Reuters
Perhaps learning lessons from previous state auctions, Colombia declined to accept any bids for its 23 renewable energy projects. Some of the bids were so low they barely covered costs. With a target to double renewable generation to roughly 10% in the next 4 years, the government is planning a second auction later in 2019.
Government turns to renewable energy as Eskom breaks down – My BroadBand
After years of mismanagement and allegations of corruption, South Africa's state energy supplier is close to collapse. While efforts continue to rescue the company, stalled renewable projects have restarted, drawing investment from government and the private sector alike. After years of being on the back burner, could Africa's most industrialised nation reclaim its crown as leaders in renewable power?
Alex Honnold Seeks a Sustainable Future Through Solar – Teton Gravity Research
Climber Alex Honnold reached a point where his sponsorship cheques more than covered his living costs. What followed was a charitable trust that's been investing in small-scale, solar based projects and products to bridge the gap between energy and financial poverty in Africa.
New sustainable benchmarks regulation: read the small print – GlobalCapital
The European Union's proposed benchmarks for low carbon investment indices is a significant step forward for investor transparency. The new labels will only be available to indices that are targeting the UN's Sustainable Development Goals, allowing investors to put their money into funds that are low carbon. There's a sting in the tail though, as every significant index will be required to issue a statement about how its funds do (or do not) support the SDGs. If passed in the coming months, it will force the investments industry to confront companies over their commitments to reducing global warming.
World Bank Finds Efficiency and Quality of Spending Key to Sustainable Infrastructure – SDG Knowledge Hub
Sustainable infrastructure has a price tag that some countries are finding difficult to afford. Research from The World Bank suggests governments could spend anything from 2 to 8 per cent of their GDP investing in sustainable infrastructure. With technology costs falling and yields rising, countries should be able to find ways of making their limited resources achieve more.
Despite criticism, solar roads remain part of Georgia sustainable highway lab – Energy News Network
The Ray is an 18 mile stretch of road in Georgia, USA that's being used to test different generation technologies. Amongst the candidates is a solar road that so far has proven disappointing. The foundation behind the scheme isn't willing to give up yet though - it's mission is to incubate technologies and see if they are feasible rather than write them off at the first failure.
UK’s Polluting Foreign Investments Criticised as BP and Exxon Get Domestic Tax Benefits – DeSmog UK
The UK Government has heralded its commitments to decarbonise the economy and invest in renewables. Overseas, the UK Export Credit Agency is continuing to invest in fossil fuel projects, much to the annoyance of the UN and other environmental observers. Restricting investments won't cause polluters to go bust overnight, but it will send a message the Government is truly committed to tackling climate change on a global stage.
Esch to get incubator for sustainable living initiatives – Delano
A new incubator in Luxembourg is offering space to start-ups investing in sustainable living. The 300 square metre space is located in a former factory that's scheduled to be demolished ahead of redevelopment. For the time being though, it'll offer a place for sustainable techniques to be tried out and hopefully brought to market.
Spain’s energy plan ‘a breath of fresh air’, Iberdrola chief says – Financial Times
In spite of plentiful wind and sun, Spain has long been held out as an example of how not to do renewable energy policy. After much delay the government has submitted its plans to meet its Paris commitments. The plans include substantial increases in renewables, doubling wind and quadrupling solar in ten years, and completion of nuclear decommissioning by 2035. But with elections looming and the reigning socialist party expected to lose power, it's uncertain whether the plan will be delivered.