November 24 2021

Producing Battery Materials in the DRC Could Lower Supply-Chain Emissions and Add Value to the Country’s Cobalt

  Study identifies DRC as a favorable destination for the manufacturing of sustainable battery materials used in high-nickel batteries   London and Kinshasa, November 24, 2021 – The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor […]

November 15 2021

Global Energy Storage Market Set to Hit One Terawatt-Hour by 2030

  The U.S. and China will lead, claiming over half of the global installations by the end of this decade   New York and Beijing, November 15, 2021 – Energy storage installations[1] around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 […]

November 10 2021

Electric Vehicle Sales Headed For Five And A Half Million In 2021 As Automakers Target 40 Million Per Year By 2030

    32% of global auto market now covered by manufacturers’ commitments to end sales of fossil fuel-powered vehicles, and 20% covered by equivalent national policies   London, November 10, 2021 – Passenger electric vehicle sales are set to jump over 80% in 2021, to 5.6 million units, off the back of unprecedented industry and […]

October 27 2021

Market-based Solutions Critical to Accelerating Energy Transition

  New study highlights how private capital is successfully leveraged to accelerate clean energy investments in emerging markets   Washington, October 27, 2021 – A new report by BloombergNEF (BNEF) and the Climate Investment Funds details how private capital has been successfully leveraged to support renewable energy growth in developing nations – and offers specific […]

October 19 2021

Bloomberg Philanthropies Announces New Partnership with International Solar Alliance to Mobilize $1 Trillion in Solar Financing

  New BloombergNEF report reveals that solar power is poised to be the cheapest form of newly built energy; catalytic investment can unlock massive benefits for millions of people Read the full report here.   London, October 19, 2021 — Bloomberg Philanthropies and the International Solar Alliance (ISA) today announced a partnership to mobilize $1 […]

October 18 2021

New Bloomberg Resource Lights Paths to a Net-Zero CO2 Future

  NetZero Pathfinders platform surfaces dozens of proven, actionable policies ready to scale globally   New York and London, October 18, 2021 – With 13 days to go until the critical next round of international climate talks, Bloomberg has launched a new online resource specifically intended to help policymakers find concrete, actionable solutions to address […]

October 14 2021

Data Centers Set to Double Their Power Demand in Europe, Could Play Critical Role in Enabling More Renewable Energy

  Hyperscale and colocation data centers can be an important source of flexibility in Europe’s power system, helping to integrate higher renewable energy penetrations   London and Berlin, October 14, 2021 – Large data centers in the U.K., Germany, Ireland, Norway and the Netherlands are projected to draw 5.4GW (gigawatts) in ‘live IT power’ demand […]

October 7 2021

U.S. Narrows Gap With China In Race To Dominate Battery Value Chain

  BloombergNEF’s second annual ‘Global Lithium-Ion Battery Supply Chain Ranking’ finds China dominating the ranking, but clearer policy support and increasing battery demand help the U.S. move up the ranking   London, October 7, 2021 – China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking in both 2021 and its projection for […]

September 30 2021

City-led Green Recovery Boosted by $267BN G7 Stimulus Funds, But More Needed

  New BloombergNEF and C40 Cities report evaluates G7 stimulus packages, showing EU as best in class in supporting urban action to deliver a green and just recovery   New York City, September 30, 2021 – The world’s cities are poised to lead a clean and just economic recovery from the Covid-19 crisis, but only […]

September 24 2021

Two Thirds of the World’s Heaviest Emitters Have Set a Net-Zero Target

    Targets require leading companies to cut equivalent of quarter of today’s global GHG emissions by 2050   New York, September 24, 2021 – Through August, 111 of the Climate Action100+ 167 “focus companies”  have set a net-zero or equivalent target, pledging to fully reduce and/or offset their emissions at a level equivalent to […]

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