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Category: Climate
• The EU will push for accelerated delivery on the Paris Agreement through new Nationally Determined Contributions (NDCs) and commitments to tripling renewables and doubling energy efficiency by 2030.• The...
• Apple to generate over 1 million MWh of clean energy annually in Australia by 2030.• New Restore Fund investment to protect and restore 8,600 hectares of New Zealand forestland.•...
• Global cities’ climate investment needs have surged 22% year-on-year to US$105 billion in 2025.• Green infrastructure and nature-based projects are expanding fastest, more than quadrupling since 2020.• Despite rising...
Brussels Sets 2040 Climate Goal After marathon overnight talks, European Union environment ministers reached an agreement to reduce greenhouse gas emissions by 90% by 2040, compared to 1990 levels. The...
Brussels Pushes Deep Decarbonization Across Europe The European Commission has allocated €2.9 billion ($3.1 billion) from the EU’s Innovation Fund to 61 large-scale net-zero technology projects across 18 countries, in...
• Five-year cooperation agreement worth up to US$450 million signed at FII9 in Riyadh• Partnership expands financing for renewable energy, water desalination, and green hydrogen in developing nations• Builds on...
• 79% of US firms demand verified sustainability credentials from external tech vendors.• Networks, cloud systems, and AI platforms identified as the top three areas for IT decarbonization.• Nearly one...
• Google is supporting three Brazil-based projects targeting methane abatement, reforestation, and mineral carbon removal.• The initiatives leverage AI and geospatial analytics to track emissions, carbon storage, and ecosystem health.•...
• The world’s largest sovereign wealth fund deepens its climate-risk strategy, targeting portfolio alignment with global net-zero pathways by 2050.• The 2030 plan expands focus on nature-related risks, physical climate...
• LEGO will integrate GHG emissions data into its annual sustainability report beginning March 2026.• The company is introducing a revised, more granular methodology covering Scopes 1, 2, and 3.•...
• ENGIE and Meta extend their U.S. renewable power collaboration to more than 1.3 GW through new Power Purchase Agreements (PPAs).• The 600 MW Swenson Ranch Solar project in Texas...
• £500m fund excludes fossil fuel-linked companies across debt and equity markets• Backed by 79 higher education institutions aiming to decarbonize short-term investments• Launch expected by late 2025, expanding responsible...
Turning Climate Science Into Actionable Insight PepsiCo, in partnership with the Alliance of Bioversity International and the International Center for Tropical Agriculture (CIAT), has unveiled a major update to its...
• 84% of energy CEOs are optimistic about mid-term growth, up from 72% in 2024.• 65% rank generative AI as a top investment priority, though cybersecurity and ethics pose adoption...
• Gates urges governments to focus on human welfare and resilience over temperature metrics.• Calls for targeted investment in energy access, healthcare, and agriculture for developing regions.• Pushes policymakers and...
• Rolls-Royce completes first test of a high-speed engine running solely on green methanol, backed by Germany’s economic ministry.• The meOHmare project aims to commercialize CO₂-neutral marine propulsion by 2025...
• 400 MW As Sufun solar project to power over 68,000 homes under a 25-year PPA with SPPC• Part of Saudi Arabia’s National Renewable Energy Program targeting 50% renewables by...
This engaging panel, hosted at the Nest Climate Campus during Climate Week 2025, focused on how L’Oréal Groupe is mobilizing science and cross-industry collaboration to meet sustainability challenges. The conversation,...
• Market-cap threshold for mandatory climate disclosures raised from NZ$60 million to NZ$1 billion (about US$573 million).• Managed investment schemes removed from the regime, cutting reporting entities from 164 to...
• Largest wind farm in South Australia and Neoen’s global portfolio, adding over 20% to the state’s wind capacity• Backed by long-term PPAs with ACT Government, BHP, and Flow Power...
• Nissan switches from Renault to BYD for its 2025 EU CO₂ compliance pool.• Pooling helps automakers avoid penalties under the EU’s fleet emission targets for 2025–2027.• The move reflects...
This highly anticipated keynote, delivered at the Nest Climate Campus during Climate Week 2025, explores the critical intersection of climate change and Artificial Intelligence. Jeff Gitterman, a recognized leader in...
In this insightful one-on-one interview, Toronto Climate Week founder Becky Park-Romanovsky sat down with ESG News correspondent Michelle Li to discuss the monumental task of launching the city’s first-ever climate...
Project scope and milestone In Abu Dhabi, the UAE’s government-backed clean energy champion Masdar and national utility EWEC formally broke ground on what they describe as the “world’s first gigascale...
• ISS STOXX introduces a comprehensive suite of climate analytics tools integrating geospatial AI, emissions modeling, and scenario alignment.• The platform enables investors, banks, and insurers to assess exposure to...
• Google signs a long-term agreement with Broadwing Energy to source power from a 400 MW gas plant with carbon capture and storage (CCS) in Decatur, Illinois.• The project will...
A Mixed Picture in the UK’s Emissions Profile Provisional figures released by the UK Office for National Statistics show national greenhouse gas emissions dipped slightly in 2024, continuing the long-term...
• The SustainNext Climate Reporting platform combines Credibl’s AI stack with Deloitte’s assurance expertise to simplify climate data collection and disclosure.• Launch aligns with Australia’s new AASB climate reporting requirements,...
• EY’s former Global Leader for Climate Change and Sustainability Services to lead Anthesis from December 2025.• Co-founder Stuart McLachlan to step down as CEO, remain on the Board.• Appointment...
• Decarbonization Partners, Climate Investment, and Activate Capital inject growth equity into XNRGY to accelerate sustainable cooling manufacturing expansion.• Funding will expand XNRGY’s U.S. footprint and boost deployment of next-generation...
A Wake-Up Call for Corporate Emissions Reporting In Washington, D.C., earlier this month the GHG Protocol officially flagged significant changes to how companies must measure emissions from purchased electricity (Scope...
• PGE acquires ZE PAK’s 50% stake in PGE PAK Energia Jądrowa, assuming full ownership of the Pątnów nuclear development company.• The plant, backed by South Korean partners and using...
• Integration with CCS+ Initiative creates unified certification for BECCS and DACCS carbon removal projects• Simplifies participation for suppliers and buyers across voluntary and compliance markets• Strengthens alignment with EU...
• France’s new development minister Eleonore Caroit says Paris will continue backing the World Bank’s 45% climate finance target despite U.S. opposition.• The Trump administration is pressing the lender to...
• GRI and CDP launch a joint mapping tool linking GRI 2025 Climate Change and Energy Standards with CDP’s 2025 corporate questionnaire.• The alignment aims to improve data quality, reduce...
• Appointment strengthens Anthesis’ regional climate and nature advisory capacity amid expanding disclosure and net-zero requirements.• Salvatico brings over 20 years of sustainability and finance experience across APAC and the...
Tokyo Sets Global Benchmark for Climate Adaptation Finance Tokyo is preparing to issue the world’s first climate resilience bond certified under the Climate Bonds Initiative’s (CBI) new Resilience Criteria and...
• Mars Climate School, developed with Project Drawdown, aims for 80% completion across key functions by 2025.• The six-hour e-learning program is mandatory for senior leaders in R&D, Supply, Commercial,...
• Malaysian Rubber Council (MRC) and Malaysian Green Technology and Climate Change Corporation (MGTC) sign MoU to operationalize sector-wide decarbonization.• Partnership will introduce GHG capacity building, emissions tracking tools, and...
• The Federal Reserve, FDIC, and OCC have jointly rescinded the 2023 climate risk management principles for large financial institutions.• Regulators said existing safety and soundness standards sufficiently address all...
• €1.7 billion financing secured for one of Europe’s largest steel decarbonization projects• Backed by Germany’s federal and Saarland governments under a €2.6 billion transformation program• Project aims to cut...
• Greenly’s EcoPilot automates data collection and emissions modeling across Scope 1, 2, and 3 using proprietary AI and local language models.• The platform integrates with financial and procurement systems...
China has recorded 217.5 billion yuan (approximately $30.5 billion USD) in direct economic losses from natural disasters in the first nine months of 2025, according to the country’s Ministry of...
Rulemaking shift to 2026 The California Air Resources Board (CARB) announced it will delay the initial rulemaking for the new California climate disclosure laws SB 253 and SB 261 into...
• Harvard achieved a 32% absolute reduction in greenhouse gas emissions since 2006 despite a 14% campus expansion.• A new regional energy consortium led by Harvard and MIT will generate...
• New solar and wind projects in five European countries will add 650 MW of renewable capacity, mobilising over $600 million in financing.• The expansion supports Apple’s 2030 carbon neutrality...
• The 1.5 GW Khazna Solar PV project will supply electricity to around 160,000 homes and cut 2.4 million tonnes of CO₂ annually.• Part of EWEC’s strategy to expand Abu...
• Less than 10% of climate finance reaches SMEs despite representing over 90% of global businesses.• The Impact Disclosure Taskforce’s SME Subgroup unveils a Whitepaper at Climate Week NYC offering...
Mercedes Pushes Decarbonization Beyond the Track The Mercedes-AMG Petronas Formula One Team confirmed it achieved 99% HVO100 biofuel coverage for its 2025 European race and marketing logistics, a milestone that...
Mexico City Launch Strengthens Legal Frameworks for Climate Action UK-based legal nonprofit The Chancery Lane Project (TCLP) has released 17 climate-aligned clauses adapted to Mexican law, making them available in...
• India’s Central Electricity Authority unveils 6.4 trillion rupee ($77 billion) plan to transmit 76 GW of hydro power from the Brahmaputra basin by 2047.• The basin, spanning eight northeastern...
• The US has threatened sanctions on countries supporting an EU-backed global framework to cut shipping emissions.• The IMO proposal would introduce the first global pricing mechanism for maritime emissions,...
Airbus Targets Deep Emissions Cuts Across UK Operations Siemens has signed a strategic contract with Airbus to decarbonize three of the aerospace manufacturer’s largest industrial sites in the United Kingdom...
• 19 of 25 World Bank executive directors back continued climate financing despite US opposition.• Directors representing 120 nations call for alignment with the Paris Agreement and a 45% climate...
• Highland Spring Group to deploy Altruistiq’s product footprinting platform across its operations until 2028.• Agreement will enable real-time cradle-to-gate carbon data for hundreds of SKUs, strengthening regulatory compliance and...
• Sembcorp to acquire ReNew Sun Bright for S$246 million ($190 million), adding 300 MW of solar capacity in Rajasthan.• Acquisition raises Sembcorp’s total renewable capacity in India to 6.9...
• ACEA calls for easing EU CO₂ goals, arguing that full electrification by 2035 is unrealistic under current market and infrastructure constraints.• Proposals include extended compliance periods, hybrid credits, and...
• Mars’ first European Renewable Acceleration contract will deliver over 129 MWac of new solar capacity in Poland by 2027.• The projects, developed with GoldenPeaks Capital, will generate 222 GWh...
• Nestlé exits the Dairy Methane Action Alliance, joining a wave of corporate withdrawals from voluntary climate initiatives.• The alliance, launched in 2023 by the Environmental Defense Fund (EDF), seeks...
Advancing High-Integrity Carbon Markets Carbon removal platform Puro.earth has signed a Letter of Intent (LoI) with Indonesia’s Ministry of Environment and the Environmental Protection Agency to advance the country’s use...
• Partnership targets climate-related private equity co-investments with measurable sustainability outcomes.• Builds on CalSTRS’ $333 billion portfolio strategy to scale its Sustainable Investment and Stewardship initiatives.• Expands Carlyle AlpInvest’s responsible...
• 150 MW solar capacity paired with 75 MW, 4-hour battery storage system to enhance grid reliability under a 20-year PPA.• $18 million in projected local tax revenue and 300,000...
Microsoft has expanded its renewable energy footprint in Japan, signing three new solar power purchase agreements (PPAs) with Shizen Energy that bring its total commitment with the developer to 100...
Dublin Report Targets Advertising’s Climate Footprint Ireland’s advertising sector has taken a collective step toward addressing its climate impact with the release of a new study that ties campaign effectiveness...
A Coalition Unravels The UN-backed Net-Zero Banking Alliance (NZBA), once the flagship coalition of global lenders committed to decarbonizing finance, has ceased operations following a membership vote. The decision closes...
Masdar has completed the €368 million ($392 million) acquisition of a near-50% stake in a portfolio of four solar photovoltaic plants in Spain, strengthening its position in one of Europe’s...
Paris Secures Funding for Nuclear-Linked Transition EDF has raised €1.25 billion (USD 1.35 billion) through a green hybrid bond issue, a financing move the French utility said will help extend...
Paris Fundraise Backs Europe’s Climate and AI Ambitions European venture capital firm Serena has closed €200 million in commitments for its fourth flagship fund, drawing in a mix of long-term...
A New Benchmark for Corporate Climate Expertise The Science Based Targets initiative (SBTi) has established the world’s first official register of certified experts qualified to guide companies through the complexities...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
Toronto’s first Climate Week is bringing together investors, business leaders, policymakers, and innovators to explore how climate action is reshaping markets and creating new opportunities. With dozens of sessions happening...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one of its largest private renewable energy investments with Founder Group Limited and Planet QEOS Sdn. Bhd. committing MYR1.16...
Toronto is set to host its first-ever Toronto Climate Week (TOCW) from October 1–3, 2025, a grassroots initiative designed to unite climate action with culture, innovation, and community. The event...
Shipping and logistics giants DHL Global Forwarding and Hapag-Lloyd have deepened their collaboration on decarbonization, signing a three-year framework agreement that expands the use of sustainable marine fuels across Hapag-Lloyd’s...
Technology Enters Procurement’s Carbon Blind Spot Watershed has introduced a new AI-powered tool aimed at one of the most persistent challenges in corporate climate strategies: measuring and reducing Scope 3...
The PRI Awards 2025 celebrated innovation and impact across six main categories — nature, climate, human rights, responsible investment strategy, system stewardship, and communication — alongside three special awards. More...
Washington Pulls Back on Renewable Commitments The U.S. Department of Energy confirmed plans on Wednesday to cancel more than $13 billion in federal funds pledged under the Biden administration to...
Oregon’s Data Center Demand Drives New Solar Build Amazon has signed a long-term power purchase agreement with Avangrid, the U.S. subsidiary of Iberdrola, to secure renewable electricity from a new...
A New Corporate Energy Strategy Mars, Incorporated is moving to reframe corporate energy procurement with a strategy that stretches beyond its own factories and offices. Under its newly launched Renewable...
Scope 3: From Blind Spot to Boardroom Priority A joint report from sustainability ratings firm EcoVadis and Boston Consulting Group (BCG) projects that companies worldwide could face more than $500...
Stockholm — A New Model for Green Steel Demand Microsoft has signed two agreements with Swedish green steelmaker Stegra, marking one of the most significant corporate commitments yet to near-zero...
China has pledged for the first time to cut its greenhouse gas emissions in absolute terms, committing to reduce economy-wide net emissions by 7–10% from peak levels by 2035, “striving...
Redwood Conservation Anchors Apple’s U.S. Climate Strategy Apple has partnered with The Conservation Fund to restore and sustainably manage the Gualala River Forest, a coastal redwood landscape that has long...
Paris: A Decisive Step in France’s Energy Transition The French government has selected TotalEnergies, in partnership with RWE, to develop and operate the “Centre Manche 2” offshore wind project, the...
New York Sets the Stage for Belém Speaking at Climate Week in Manhattan, UN Climate Change Executive Secretary Simon Stiell urged governments and business leaders to “step it up fast”...
Australia has raised its climate ambition, committing to cut emissions by 62–70% by 2035 compared with 2005 levels, a significant step up from its previous target of 43% by 2030....
Venture capital firm VoLo Earth Ventures has closed its second fund at $135 million, expanding its backing for early-stage climate technologies despite a subdued fundraising landscape for both venture and...
New Zealand Steps Into Utility-Scale Solar with Global Technology Partner Global solar tracker manufacturer GameChange Solar has entered the New Zealand market through a partnership with Bright Fern Energy on...
A Cross-Border First for Asia’s Energy Transition From ridgelines in southern Lao PDR, 133 turbines now send clean electricity across the border into Vietnam. The Monsoon Wind Power Project, which...
A Strategic Bet on Hydrogen’s Next Phase Thyssenkrupp nucera has finalized the acquisition of core technology assets from the insolvent Danish company Green Hydrogen Systems (GHS), in a move designed...
Iberdrola España has begun commissioning its Ciudad Rodrigo photovoltaic plant, its second solar facility in Salamanca and one of the largest in Castilla y León. The 316 MW project, developed...
The Trump administration has canceled $679 million in federal funding for 12 offshore wind projects, a move that effectively derails several cornerstone initiatives launched under the Biden administration’s clean energy...
RMI’s climate tech accelerator, Third Derivative, has welcomed 18 startups from six countries across four continents, broadening its portfolio to more than 280 companies. The program is designed to accelerate...
Temasek-owned investment platform GenZero has published its inaugural sustainability report, setting out a new climate target and highlighting progress just three years after its launch. By 31 March 2028, GenZero...
The world typed 365 billion prompts into ChatGPT last year alone. For perspective, Google needed more than a decade to hit that figure. Such scale sparks unease: are we pouring...
Paris-based Strategist Joins ClimeFi ClimeFi, a specialist in carbon removal portfolio design, has named Antoine Poulallion as its new Head of Strategy. The move comes as demand for credible, scalable...
Canada has committed $2.5 million to Ottawa-based TerraFixing to advance its direct air capture (DAC) technology, designed specifically for northern climates. The funding comes from the Energy Innovation Program and...
ENGIE North America has signed an agreement with Prometheus Hyperscale to develop a new wave of sustainable, liquid-cooled data centers in Texas. The centers will be located at select ENGIE...
Spain has launched a sweeping climate emergency plan that tightens corporate disclosure rules and ramps up its clean energy transition, following wildfires that burned more than 300,000 hectares. The strategy...
Commonwealth Fusion Systems (CFS), the leading private fusion company, has closed an oversubscribed $863 million Series B2 round, reinforcing its position at the forefront of the race to commercialize fusion...
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