The IIGCC emphasizes the integration of just transition principles into net zero strategies, advising investors to establish clear internal guidelines, align assets, and engage with communities to promote socially inclusive climate investments. This dual approach positions just transition as both a risk factor and a value driver, enhancing portfolio resilience while facilitating the achievement of net zero objectives.
In the renewable energy sector, TNO has launched the world’s first perovskite-based roof tile, achieving up to 13.8% efficiency on standalone modules and 12.4% on curved surfaces. This innovative product, slated for commercialization through TNO’s spinoff, Perovion Technologies, promises to lower production costs and drive advancements in building-integrated photovoltaic technology. Meanwhile, in 2025, Puerto Rico’s rooftop solar capacity reached 1.5 GW, making it the second-largest generation source on the island, a critical milestone for enhancing energy reliability. Additionally, Nepal has witnessed a remarkable surge in electric vehicle sales, with nearly three-quarters of new cars sold being electric. This growth is supported by government initiatives, including reduced import taxes for EVs and investments in charging infrastructure, bolstering the country’s transition toward sustainable transportation and reduced fossil fuel dependence.
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Places mentioned in this update: California, Great Lakes, Nepal, Puerto Rico, UK, US