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Category: Climate
The Bank of England has issued new proposals to reinforce its climate-related supervisory expectations for banks and insurers, citing patchy progress and immature risk frameworks since its 2019 guidance. The...
Microsoft has inked a long-term power purchase agreement (PPA) with Clearway Energy Group for 335 megawatts (MW) of wind energy from the repowered Mount Storm wind farm in Grant County,...
Chestnut Carbon has planted more than 17 million trees across 30,000 acres in the Southeastern U.S., completing its third afforestation season and establishing the largest afforestation project in the U.S....
Carbon Alpha has partnered with Mangrove Systems to embed advanced digital monitoring, reporting, and verification (MRV) technology into its flagship North Star carbon removal project—Canada’s first large-scale bioenergy with carbon...
ALTÉRRA, the world’s largest private climate investment vehicle, has made its first direct investment into the Global South—injecting $100 million into India’s clean energy platform, Evren. The co-investment, made through...
EFM, a U.S.-based forest investment and management firm, has partnered with Sojitz Corporation of America—a wholly owned subsidiary of Japan’s Sojitz Corporation—to launch a $200 million forestry investment fund focused...
Ingka Investments, the investment division of Ingka Group—the largest IKEA retailer—has officially launched its first solar park in Poland, marking a major step in its renewable energy strategy. Located in...
Biomas, a Brazilian reforestation company backed by Vale, Marfrig, Suzano, Santander Brasil, Itaú, and Rabobank, has launched its first major project: restoring 1,200 hectares of the Atlantic rainforest in Bahia...
The European Banking Authority (EBA) has launched a new ESG dashboard, offering centralized, comparable climate risk indicators for EU/EEA banks. The dashboard aims to strengthen monitoring and benchmarking of transition...
Microsoft is doubling down on durable carbon removal with a new five-year agreement to purchase 44,000 carbon removal credits from Carba, a Minnesota-based climate tech company. The credits will begin...
Zelestra has secured a $113 million Senior Secured Credit Facility with Banco Santander to finance its 81 MWdc Jasper County Solar Project in Indiana, a strategic addition to its growing...
Apollo-managed funds have committed up to $220 million in a joint venture with Bullrock Energy Ventures, targeting a significant expansion of community solar projects across New York and New England....
New York City Comptroller Brad Lander is tightening climate accountability across Wall Street, warning asset managers that failing to deliver robust Net Zero plans by June 30, 2025, will result...
XPRIZE Awards Largest Climate Incentive in History XPRIZE has announced the winners of its $100 million Carbon Removal competition, a four-year global challenge backed by Elon Musk and the Musk...
Global business leaders are no longer sitting on the sidelines of the clean energy transition. A powerful consensus—97% of executives across 15 global markets—now urges governments to fast-track the phase-out...
Virgin Media O2 has announced a 56% cut in its Scope 1 and 2 emissions since 2020—confirming it’s on track to hit its 2030 target of a 90% reduction, aligned...
Google has signed its first offshore wind power purchase agreement (PPA) in Asia Pacific, committing to buy clean energy from the 495 MW Fengmiao I offshore wind project in Taiwan....
IBM and the European Space Agency (ESA) have open-sourced TerraMind, the most advanced generative AI foundation model for Earth observation, now available on Hugging Face. Trained on TerraMesh—the largest geospatial...
The New York State Common Retirement Fund is scaling up its climate investment strategy, adding $2 billion to the FTSE Russell TPI Climate Transition Index fund. This marks the second...
Franklin Templeton has expanded its suite of sustainable investment products with the launch of two new Article 8 UCITS ETFs: the Franklin S&P 500 Screened UCITS ETF and the Franklin...
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