APT Translations

"We need to build a funding model for green tech companies," Chuka Umunna, JP Morgan's head of EMEA ESG and green economy investment banking, told the Reuters Energy Transition Europe 2023 event in London.

Despite this promise, there is increasing evidence that carbon credits have been unsuccessful, massively failing to deliver upon expectations and allowing corporations to green wash at low-cost while accruing little to no actual environmental benefit.

Australia's largest pension fund reaffirmed its intention to reject the bid at the shareholder meeting on Nov. 23, hours after receiving the consortium's "unsolicited" offer, the fund said in a statement.

The tribe was joined in their plea by the San Carlos Apache Tribe and archaeologists. Zuni Pueblo in neighboring New Mexico and other tribes in the Southwestern U.S. also have raised concerns, saying the area holds cultural and historical significance for them as well.

The company in October disclosed talks with the German government, banks and former parent Siemens AG over what sources said were 15 billion euros ($16 billion) in guarantees for project and warranty bonds needed to safeguard the firm's 109 billion euro order book.

Brussels is particularly concerned about falling behind during the transition to clean technology where China has already made great strides because of its access to raw materials, while the United States has poured billions into subsidies for green tech.

The GO also reduces network charges for rooftop solar connections by 50%. However, the Federation of the Tamil Nadu Industrial Electricity Consumers is not happy with the waiver and will continue its protest against the tariff hike.

The UAE and India shared a "vision for embracing an energy transition in line with sustainable socio-economic development," Al Jaber said at the 'From G20 to CO' special forum held at Abu Dhabi.