Sustainable Procurement News
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Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
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Major Funding Pledges Won't Close the Clean Energy Investment Gap

Major Funding Pledges Won't Close the Clean Energy Investment Gap | Sustainable Procurement News | Scoop.it
Several major financial institutions have made massive sustainable-investment pledges surrounding COP24, the new round of global climate talks that concluded earlier this month in Poland. The World Bank announced $200 billion in funding for projects tackling climate change in developing countries. Five of Europe’s largest banks, managing more than $2.7 trillion, promised to reassess their lending and reduce their carbon impact. And several countries increased their funding to the Green Climate Fund, which supports renewable energy and climate resilience projects in developing countries, bringing the funding to $7 billion.
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Major businesses call for easier access to renewable energy

Major businesses call for easier access to renewable energy | Sustainable Procurement News | Scoop.it

Nearly 100 organisations are calling on European governments to make it easier for them to invest in and directly source renewable energy. The companies, including Amazon, E.ON, Facebook, Google, H&M, Lightsource BP, Nike and Siemens Gamesa, have signalled their willingness to do more to tackle climate change in a declaration signed in Amsterdam today. According to WindEurope, corporate renewable power purchase agreements (PPAs) worth 6GW have already been signed in the region, with nearly 2GW contracted in 2018 alone.

EcoVadis's insight:

Great sustainable efforts on the part of these major companies. Climate change has been acknowledged for a few decades now. Many companies are making efforts into reducing their carbon footprints, making sure to mitigate climate change. 

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Ukraine cities gear up to run on local clean energy by 2050

Ukraine cities gear up to run on local clean energy by 2050 | Sustainable Procurement News | Scoop.it

Fossil fuel-dependent Ukraine will strengthen its climate change action plan under the Paris Agreement to curb global warming, its government said at U.N. climate talks in Poland this week. Four Ukrainian cities also reaffirmed their goal of shifting to 100 percent renewable energy by 2050, announced this year.

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