The Green Guarantee Company, launched at the London Stock Exchange, will use guarantees backed by USD 100 million to unlock up to USD 1 billion in climate finance for developing nations.
Global average sea level rose about 0.3 inches (0.76 cm) from 2022 to 2023. That spike occurred largely due to warming climate conditions and a strong El Niño shift.
Discover Shell’s foray into wave energy with partnerships with Wavepiston, ORPC, and Makai Ocean Engineering. From river currents to OTEC systems, Shell’s Marine Renewable Program focuses on innovation and sustainability for diverse marine energy sources.
Shell is expanding its marine renewable program to include wave energy, collaborating with companies like Wavepiston, ORPC, and Makai Ocean Engineering. The focus is on developing innovative and sustainable energy solutions through strategic partnerships and technology advancements in diverse ocean energy technologies.
The system that circulates water in the Atlantic, known as the Atlantic Meridional Overturning Circulation (AMOC), is heading for a tipping point, according to new research.
Adopting ocean energy, including OTEC, is crucial in SIDS and Coastal (Least Developed Countries) LDCs. These countries import over 250 million barrels of petroleum yearly. They are 90% dependent on fossil fuel imports, highlighting the urgent need for alternative energy sources.