All articles by Polly Bindman

Polly Bindman

@pollybindman

Polly Bindman is a data journalist and sustainable finance reporter based in London. She has worked for Capital Monitor and the New Statesman. Contact Polly at: polly.bindman [at] globaldata.com

Weekly data: Red Sea crisis could quadruple CO₂ emissions from ships

Ships diverting away from the Red Sea put at risk a global goal to reduce shipping emissions by at least 20% by 2030.

US state pensions risk “hard earned savings” by ignoring climate risks

US state pension funds’ failure to address climate-related financial risks raises “serious concerns” about their execution of fiduciary duty, report three environmental non-profits.

Analysis: cancellations threaten Biden’s 2030 offshore wind target  

A recent spate of cancelled projects and contracts spell trouble for the US’ flailing offshore wind industry.

Weekly data: bp and Shell’s spending on renewables flatlines in 2023

Shell decreased spending on “renewables and energy solutions” last year, while bp’s spending on “low carbon energy” has flatlined, finds an Energy Monitor analysis of fourth-quarter results.

North Sea oil and gas assets a risky bet for private equity, think tank warns 

Think tank Carbon Tracker argues that private equity-backed companies operating in the North Sea could see cash flows decline by more than 60% in a ‘moderate’ net-zero transition scenario.

How to mobilise private finance for climate adaptation

Private finance investment in climate adaptation is sorely needed. However, it is vital that adaptation needs are treated as a collective problem to solve, rather than an opportunity to exploit.

Weekly data: IEA significantly downgrades green hydrogen growth forecast

The International Energy Agency (IEA) has significantly downgraded its capacity growth forecasts for green hydrogen; by more than 50% for Europe.

“There is politics, and there is business; the reality is ESG is good business” – UNEP FI’s Eric Usher 

Energy Monitor talks to Eric Usher, head of the UN Environment Programme Finance Initiative (UNEP FI), about the Glasgow Financial Alliance for Net Zero (GFANZ) and the next steps for financial institutions transitioning to net zero.

Has Rishi Sunak driven the UK’s electric vehicle sector off a cliff edge?

By pushing back the UK’s 2030 internal combustion engine (ICE) ban by five years, has Rishi Sunak doomed its electric vehicle (EV) sector?

Weekly data: at least 40% of North Sea oil and gas licences are owned by foreign investors – new research

Research from the Common Wealth think tank finds that at least 40% of North Sea oil and gas licences are owned by foreign investors.