Environmental Finance News 350 PPM Ltd – 25.10.20

Environmental Finance News 350 PPM Ltd – 25.10.20

Environmental Finance News - 350 PPM Ltd

350 PPM hand picks cutting edge environmental projects to showcase their proposals to its highly regarded environmental investor base

Company News

Whilst we are still in the throes of Coronavirus, leaders worldwide are focusing on how to revive economies post Covid-19. The future for renewables is looking bright and solar is leading the way in the green recovery predicted all around. The IEA – International Energy Agency’s New World Outlook forecasts are particularly good for solar. In the words of the IEA Executive Director, Faith Birol, “I see solar becoming the new king of the world’s electricity markets”. The report sees solar, as the cheapest source of energy, continuing to grow at record setting speeds, once the pandemic is under control and demand for electricity rebounds. The report urges all nations to align their policies with the Paris Agreement and the facets of the Sustainable Goals (SDG’s) to achieve what they call the “Sustainable Development Scenario”. With this and the UK government setting out its 10-point plan for a green industrial revolution to “accelerate our progress towards net zero emissions by 2050” the time has never been better to support the green recovery & invest in renewables. 

Investment & Research

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Industry Insight

EDIE - 13th October '20​

World Energy Outlook: IEA forecasts boom for solar in wake of Covid-19​

BBC - 6th October '20​

Boris Johnson: Wind farms could power every home by 2030

Carbon Brief - 13th October '20​

Solar is now ‘cheapest electricity in history’, confirms IEA

BBC - 21st September '20

GE: Industrial giant will stop building coal-fired power plants?

Recharge - 29th September '20

IEA boss: 'Solar will be the largest power source in Europe within five years'

BBC - 13th September '20

Give us green post-Covid recovery, urges CBI boss

The Guardian - 13th October '20

IMF warns emissions policies 'grossly insufficient' and urges green recovery

The Guardian - 6th October '20

'It'll be around forever': fossil fuel workers switch to new jobs in renewables

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