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January 17, 2025
Trump's second term could roll back climate policies like the Inflation Reduction Act and ESG standards, but renewable energy and decarbonization are expected to demonstrate resilience to changes, supported by state and local policies and geopolitical dynamics.
January 13, 2025
Reality is a stubborn beast. 2024 turned out to be yet another year in which greenhouse gas emissions grew globally (2% according to Global Carbon Budget 2024), with energy efficiency gains or the penetration of renewables in the energy mix failing to counter the effect of increased economic activity.
January 10, 2025
Formal bank commitments to net-zero are facing challenges amid shifting policy perspectives. However, its economic rationale is very much alive for banks seeking (i) growth in green sectors, (ii) strategic alignment with regulatory changes and (iii) helping clients adapt through specialization.
December 13, 2024
Climate scenarios can be clustered by temperature goals and ranked by the feasibility of the policies to achieve them. Under current commitments, scenarios projecting a 2.3°C–3.0°C temperature increase are the most plausible; more ambitious targets require policy shifts -and breakthrough innovation- that are less likely.
December 13, 2024
Five weeks after the DANA (December 3–9), most indicators in Valencia province displayed stronger performance than those in the rest of Spain. However, foreign card spending continued to lag behind the national growth rate.
December 5, 2024
One month after DANA (week from November 26 to December 2), the majority of indicators in the province of Valencia show a similar evolution to that observed in the rest of Spain, highlighting the acceleration shown in spending by foreigners, car registrations and the most affected municipalities.
December 2, 2024
On November 24, two days later than initially planned, COP29 came to a close. Simon Stiell, executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC) acknowledged that the final decisions have not satisfied all parties.
November 29, 2024
COP29 reflects that multilateralism in climate action is (hardly) alive, with (small) steps like (minimal) financing agreements for developing economies or (delayed) carbon credit international exchange operations. All in all a small step forward, insufficient to bridge the gap to the Paris Agreement goals.
November 29, 2024
Spending in the province of Valencia rebounded during the week of November 19 to 25. The growth differential with the rest of Spain became positive in most indicators, although the most affected municipalities still show significant falls.
November 28, 2024
The country benefits from strategic location and high productivity, enabling exponential growth of this crop over recent decades. As the world's fourth-largest producer and the leading producer in the Americas, Colombia's potential paves the way for consolidation in new markets.
November 25, 2024
Observing the performance of the economy in real time and at high granularity is vital to quickly measure the economic impact of an exceptional event such as the recent DANA that has left a lasting impact in our country, especially in Valencia.
November 24, 2024
The 2023 Air Emission Accounts highlight an annual decrease in GHG emissions. This reduction has been driven by a transition to a “cleaner” energy mix, coupled with improvements in energy efficiency. These advancements represent a meaningful step forward on the path toward meeting the ambitious climate goals set.
