Press Release Archives | Page 7 of 22

January 12 2022

Sustainable Debt Issuance Breezed Past $1.6 Trillion in 2021

Total sustainable debt issuance through 2021 exceeded $4 trillion, demonstrating the popularity of environmental, social and governance borrowing London and New York, January 12, 2022 – Volumes of sustainable debt surpassed $1.6 trillion in 2021 alone, more than doubling 2020’s end of year value, according to data compiled by research company BloombergNEF (BNEF) […]

January 10 2022

Carbon Offset Prices Could Increase Fifty-Fold by 2050

Surging demand and unanswered questions on supply could push offset prices to unsustainable highs or ill-fated lows New York and London, January 10, 2022 – Prices for carbon offsets – verified emissions reductions equivalent to one ton of carbon each – could be as high as $120/ton or as low as $47/ton in 2050, […]

December 14 2021

Emerging Market Clean Energy Investment Slid as Covid-19 Spread

Investor support for the energy transition surged in 2020, but capital flows to less developed countries slowed as the pandemic raged on London, December 14, 2021 – Despite a record-breaking year for energy transition investment in 2020, investors poured $67 billion fewer dollars into clean energy in emerging markets than they did into […]

December 1 2021

Steel Industry Set to Pivot to Hydrogen in $278 Billion Green Push

Hydrogen and recycling are key technologies to lower the emissions of the world’s most widely used metal New York and Beijing, December 1, 2021 – Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). […]

November 30 2021

Battery Pack Prices Fall to an Average of $132/kWh, But Rising Commodity Prices Start to Bite

BloombergNEF’s annual battery price survey finds prices fell 6% from 2020 to 2021 Hong Kong and London, November 30, 2021 – Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021[1]. This is a 6% drop from $140/kWh in 2020. Continuing […]

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 […]