ESG Archives - Page 2 of 2 - Market Inside - AI-Powered Global Trade Intelligence Platform

September 13, 2021 0Comments 128Views

Electric Vehicles Demand Is Going Up And Likely To Grow More

The increasing demand for electric vehicles (EVs) is rapidly growing with the passage of time and changes in the environment. This gradual adoption of electric vehicles dates back to around 2015. The much-needed conversations on planet earth are one of the major contributors to rise of the electric vehicles. Over the few years, the conservation over the depletion of the resources and over oil consumption pinpointed the significance of alternatives. This gave rise to many important discussions, one of them being the usage of electric vehicles. The Tesla Roadster was the mainstream winner here. Market Trends of EVs According to an International Energy Agency report on electric vehicles, electric cars’ registration surged and remained steady, even in the pandemic situation,

Cocoa Bilateral Trade and Cocoa Trade Policies

September 11, 2021 0Comments 138Views

Cocoa War Between Countries Bringing Up Major ESG Concerns

The cocoa industry is one of the most prominent and largest industries in the world. On average, cocoa farmers produce over 4 million tons of cocoa annually. The cocoa industry begins from the farming of cocoa beans which later get processed into cocoa liquor, and then into the final cocoa-based products such as cocoa butter and powder, and many other commodities. The largest producers of cocoa beans are the two countries in the African continent, i.e., Côte d’Ivoire and Ghana. Both countries account for almost two-thirds of the cocoa production in the world, contributing almost more than 50% (around 60% or so) of the world’s cocoa production. While the biggest ‘producers’ of cocoa beans are in the African continent, the

September 11, 2021 0Comments 135Views

Trade and Environment: Hand-In-Hand For A Sustainable Future

Key Points: Trade liberalization uplift the environmental growth values in the trade paradigmsPositive climate change factors recorded during COVID-19 pandemic in 2020Fossil fuels trade and uses were low in 2020 as compared to the previous yearsModification of major trade policies drive a sustainable development at large extent Trade and environmental development can influence the factors contributing to climate change. With increasing development in industrialization, infrastructure, and other changes & processes, changes in the natural environmental conditions also happen. Trade expansion affects the long-short term environmental factors according to the implemented rules and regulations of trade. Understand this — Increased trade increases the economical value of a country. But it also indirectly impacts the environment at large. Inversely, an increase in

September 8, 2021 0Comments 132Views

EU 2030 Green Hydrogen Target Requires Huge Renewable Power

Key Highlights: EU set a target to produce 50% green hydrogen from renewable power“Fit for 55” proposal also aims to generate 40-GW electrolyser capacity by 2030EU and China are the biggest competitors in green hydrogen industry The European Union has set a target to cut 55% greenhouse gas emissions by 2030 under its “Fit for 55” proposal. It will impose new laws across numerous sectors to achieve this target. The EU also aims to generate 40-GW electrolyser capacity, producing 10 million MT/year of green hydrogen. The European Commission’s 2030 green hydrogen targets will require huge amounts of renewable power generation. EU’s Fit for 55 Proposal The European Commission has released its “Fit for 55” legislation package, supporting its commitment to