Energy Transition and Critical Minerals.
The shift to a decarbonised energy system will boost demand for critical minerals needed for new low-carbon technologies, such as photovoltaic panels or batteries. Depending on the emissions reduction scenario considered in 2040, global demand could multiply by four to six times compared to today, so adequate planning is required to ensure its supply.
The CNMV analyses the information provided by listed companies on the European Sustainability Taxonomy.
This is the first year in which issuers have had to provide information on activities aligned with the taxonomy and the data shows that eligibility tends to be higher than alignment and that the highest proportion of alignment is reported for investment in fixed assets (CapEx), although the breakdowns will increase progressively. Currently, there is […]
A supervisory framework for the assessment of nature’s financial risks.
Biodiversity plays a fundamental role for human well-being, but humanity is destroying it, so several central banks have already begun to analyze the exposure of their financial institutions to this loss. This report builds on an OECD mapping to measure these issues as part of a Project on “Developing a Supervisory Framework for Biodiversity-related Financial […]
Energy storage: Allowing greater integration and use of different renewables.
The Renewable Energy Directive (RED) sets a binding target of 42.5% renewable energy in final energy consumption by 2030. In an electricity system increasingly based on renewables, the importance of flexible solutions, particularly storage, is crucial to ensure security of supply. In addition, when renewable electricity cannot be transported efficiently, there are reductions.
Offshore renewable energy in the EU. European Court of Auditors.
This report examines whether the development of offshore renewable energy is sustainable in the EU, assessing the Commission’s actions and looking at the role of maritime spatial planning. It also examines the approach of Member States and the Commission to address social and environmental impacts, covering developments before and after the adoption of the EU […]
Clean energy transition for EU RePower.
Achieving energy sovereignty and climate neutrality will require the adoption of climate-conscious lifestyles. This is a task being fulfilled by the 33 EU-funded projects highlighted in this report, managed by CINEA, a European body that contributes to the European Green Deal through the implementation of parts of the EU’s funding programmes for transport, energy and […]
European Taxonomy Barometer.
The report reveals that most of the companies analyzed published a taxonomy disclosure, revealing at least one of the three KPIs. Overall, the average percentage of eligibility and alignment varies, but, companies within the scope of the Barometer revealed an average proportion of eligible turnover equal to 25%; an average share of eligible CapEx equal […]
Climate Working Group on Financial Disclosures.
This report describes companies’ progress in making climate-related financial disclosures and highlights some of the challenges they face in making such disclosures, including challenges in incorporating climate risk issues into their financial statements. The report also provides an update on important actions for governments, regulators and standards.
Net Zero Map. A global path to keep the 1.5ºC target within reach.
The IEA provides a 2023 update to its Net Zero roadmap, leveraging the latest data and analysis to determine what the global energy sector would need to maintain the 1.5°C target, especially in the crucial period between now and 2030. The conclusions are clear: while the global path to net zero by 2050 has narrowed, […]
Setting New Standards of the Game: How CBAM Will Change the World.
CBAM aims to prevent EU producers from being disadvantaged by imports from countries where carbon emissions are priceless. The initial effect will be to reshape international trade flows, and in the long term, it will put pressure on other economies to reduce their emissions. As CBAM is fully implemented, the prices of raw materials and […]
