Climate Change Data

Baringa Partners LLP

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

ESG Focus Areas

  • Renewable Energy
  • Climate Change
  • Grid Infrastructure

Environmental Achievements

  • Significant growth in renewable energy capacity across various regions (specific figures vary by region and technology)
  • High renewable energy penetration in some regions (e.g., Tasmania achieving 100% renewable electricity generation)

Social Achievements

  • Increased investment in renewable energy projects, creating jobs and economic opportunities
  • Government initiatives to support renewable energy development and deployment (e.g., subsidies, auctions, regulatory frameworks)

Governance Achievements

  • Policy reforms to streamline the planning and approval process for renewable energy projects
  • Development of new market mechanisms to facilitate renewable energy integration (e.g., corporate PPAs, auctions)

Climate Goals & Targets

Long-term Goals:
  • Various long-term targets for renewable energy deployment vary by region and country (e.g., net-zero targets by 2050)
Medium-term Goals:
  • Various medium-term targets for renewable energy deployment vary by region and country (e.g., specific GW targets by 2030-2040)
Short-term Goals:
  • Various short-term targets for renewable energy deployment vary by region and country (e.g., specific GW targets by 2025-2030)

Environmental Challenges

  • Grid congestion in several regions
  • Intermittency of renewable energy sources
  • Permitting delays and regulatory uncertainty
  • Supply chain disruptions
  • High initial investment costs for renewable energy projects
  • Political and regulatory risks
  • Balancing reliability with renewable energy integration
Mitigation Strategies
  • Investment in grid infrastructure upgrades
  • Development of energy storage technologies (e.g., BESS)
  • Policy reforms to streamline permitting processes
  • Government subsidies and support schemes
  • Corporate PPAs to provide revenue certainty
  • Auctions to allocate renewable energy capacity
  • Regional cooperation to enhance grid stability

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • SDG 7 (Affordable and Clean Energy)
  • SDG 13 (Climate Action)

Renewable energy deployment contributes to achieving these goals by reducing greenhouse gas emissions and increasing access to clean energy.