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Financing the green transition – how investments enable a sustainable future

Financing the green transition is one of the largest global challenges for the coming decades. A new State of Green white paper outlines a number of examples of already financed projects and solutions for a greener future.

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January 13, 2021
News

Danish researcher captures CO2 with mineral: “The theoretical potential is enormous”

The mineral olivine is able to capture large quantities of atmospheric CO2 and could help emitters reduce their climate footprint, says geologist Kristoffer Szilas, who is now starting a big research project to explore the matter.
January 11, 2021
News

A record year: Wind and solar supplied more than half of Denmark’s electricity in 2020

A little more than 50 per cent of Denmark’s electricity was powered by wind and solar in 2020. 2020 thereby surpassed 2019 as the greenest year ever in Danish electricity history.

January 08, 2021
News

Top 10 green Danish company news of 2020

The following 10 news articles published by some of our many partners were the most read at stateofgreen.com through 2020. This is your chance to catch up on news items you may have missed that were popular with our readers.
January 07, 2021
News

Denmark introduces official climate-friendly dietary guidelines

For the first time ever, Denmark’s official dietary guidelines do not only guide Danes on how to eat healthier, but also on how to eat more climate-friendly. The new official dietary guidelines are part of the government’s ambition to reduce the climate footprint by 70 per cent by 2030.
January 06, 2021
News

Top 10 green news stories of 2020

Here are the 10 State of Green news articles that were read more than any others of our 100+ news stories published in 2020. One thing is clear: Stories about Danish ‘green islands’ are vastly popular among our readers!
January 05, 2021
News

Denmark puts an end to free plastic bags

From 1 January 2021, Danish citizens must pay a minimum of 4 kroner (EUR 0.54) for a plastic carrier bag. At the same time, lightweight plastic bags will be banned. This is part of the Danish government’s strategy to bring down the consumption of plastic carrier bags and increase recycling.
December 16, 2020
News

72 cities around the world join “Race to Zero” campaign – 46 of these are Danish

An additional 72 cities and municipalities around the world are joining “Race to Zero”, a global campaign to mobilise cities, businesses, regions, and investors around a green and just recovery ahead of next year’s COP26 in Glasgow. A record-high 46 Danish municipalities have joined, so now a total of 66 Danish municipalities are in the race.
December 16, 2020
News

Danish Energy Agency and IFU strengthen cooperation on green energy in developing and emerging countries

There is a great need for green energy in developing and emerging countries, and many Danish companies have the right solutions. An agreement between the Danish Energy Agency and the Investment Fund for Developing Countries, IFU, will contribute to sharing of the Danish green transition experience and financing solutions within green energy in a number of countries, such as India, Egypt, Ethiopia, Mexico, and Vietnam.
December 15, 2020
News

Danish partnership sets out to build world’s first commercial scale green ammonia plant

Haldor Topsoe, Vestas and Skovgaard Invest are the architects behind a new project that sets out to build the world’s first green ammonia plant by 2022 at the commercial scale of 10 MW power. Green ammonia, produced from renewable energy, has the potential to replace significant volumes of fossil fuels and help accelerate the global green transition.

December 09, 2020
News

Danish Finance Act 2021 leads the way for green economic recovery

The Danish government and supporting parties have agreed to a Finance Act for 2021, setting aside EUR 600 million for a number of green initiatives to kick-start the green recovery.
December 07, 2020
News

Denmark’s energy consumption became greener in 2019

Denmark’s energy consumption fell by almost 4 per cent in 2019 after a large decline in the consumption of coal in particular, while the consumption of wind power and biogas pulled in the other direction. The development meant that CO2 emissions from energy consumption dropped by more than 9 per cent. More than two thirds of Danish electricity consumption is now covered by renewable energy.
December 04, 2020
News

Denmark set to end all new oil and gas extraction in the North Sea by 2050

As part of Denmark’s ambitious plan to become independent of fossil fuels by 2050, the Danish government has agreed to cancel its ongoing 8th licensing round and all future rounds to extract oil and gas. The deal also establishes a final phase-out date of fossil extraction by 2050 and lays out plans for a just transition of impacted workers.

December 02, 2020
News

“The 2030 Countdown”: High-level conference on the job potential and employment implications of this decade’s green transition

On 18 December, the Danish Society of Engineers (IDA), the Danish green think tank CONCITO and State of Green join forces around a virtual conference that puts focus on the green transition, green growth and future job creation. The event, which is opened by HRH Crown Prince Frederik of Denmark, will gather both private sector VIPs, high-level trade union representatives as well as members of the European Parliament.
December 01, 2020
News

Ferry of the future: Partnership aims to develop ferry powered by green hydrogen

In collaboration with the companies Ørsted, ABB and Ballard Power Systems, the ferry operator DFDS have applied for EU support for development of a ferry powered by electricity from a hydrogen fuel cell, which only emits water.

November 25, 2020
News

Denmark strengthens green partnerships with China, Vietnam, Mexico, South Africa

Over the next five years, Denmark will dial up cooperation on climate change mitigation with four countries accounting for nearly one third of global greenhouse gas emissions.
November 23, 2020
News

Research: The burning of wood at heat plants has resulted in climate savings

A new report from the University of Copenhagen shows that the burning of wood is significantly more climate-friendly than coal and a little more climate-friendly than natural gas in the long run. For the first time, researchers have quantified how the transition of 10 Danish combined heat and power plants (CHP plants) from coal or natural gas to biomass has affected their greenhouse gas emissions.
November 18, 2020
News

Danish study: large Chinese island could replace coal with renewables and become a Clean Energy Island by 2030

The Chinese Hainan Island and province could replace its entire coal-fueled energy production by 2030 by mainly investing in solar and wind power. A shift from coal to wind and solar would cost only 2 per cent more annually compared to business as usual. This is the conclusion of a new study from the Danish Energy Agency.
November 17, 2020
News

Renewable power is defying the Covid crisis with record growth in 2020 and 2021

A new report by the International Energy Agency says that India and Europe will lead the renewables expansion in the year to come, and the future looks bright too. A new analysis by the green think tank EMBER shows renewables will double in the next decade to deliver 60 per cent of EU’s electricity demand in 2030.
November 16, 2020
News

Future resilient cities offer clean air and sustainable water management

How important is access to clean air in our cities? And how valuable is access to clean water and proper sanitation to city life? Both air and water are under pressure in our cities as a result of increasing urbanisation, and the human and economic consequences are immense. However, many solutions to tackle the challenges already exist – and maybe the time has never been better to speed up the transition to a cleaner and more sustainable future?
November 12, 2020
News

The Danes’ investments in retail funds are to accelerate the green transition

At the ‘Climate Investment Summit’ held on 3-4 November 2020, Finance Denmark pledged to dramatically reduce the carbon footprint of Danish private investments in retail funds. Moreover, the Danish pension industry announced that USD 8 billion has been invested in the green transition since Danish pension funds committed at the 2019 UN Climate Action Summit to increase green investments by USD 50 billion by 2030.
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