Occidental (Oxy) has acquired Holocene, a Tennessee-based direct air capture (DAC) startup, in a strategic move to consolidate and scale its carbon removal operations. The financial terms were not disclosed,...
The European Commission has adopted a 2025–2030 work plan under the Ecodesign for Sustainable Products Regulation (ESPR) and Energy Labelling Regulation, setting the stage for sweeping sustainability rules across key...
Wendy Berman has been named the permanent Chair of the Canadian Sustainability Standards Board (CSSB), effective May 5, 2025. The announcement comes at a pivotal time, as the CSSB prepares...
The U.S. Department of Agriculture has scrapped the Biden-era Partnerships for Climate-Smart Commodities (PCSC) program, citing inefficiencies and disproportionate administrative costs. “Many of these projects had sky-high administration fees,” said...
The European Commission has rolled out a set of revisions to simplify implementation of its EU Deforestation Regulation (EUDR), aiming to ease compliance burdens while maintaining its environmental objectives. The...
Saudi Arabia has made a significant move in the global green finance arena, issuing the first-ever euro-denominated green bond by a sovereign from the MENA region. The €1.5 billion ($1.6...