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Category: Climate
1PointFive, a leading carbon capture, utilization, and sequestration (CCUS) company, announced a new carbon removal credit agreement with cybersecurity firm Palo Alto Networks. Under the agreement, Palo Alto Networks will...
Zelestra, owned by Swedish investment firm EQT, will invest between $1 billion and $1.5 billion in renewable energy infrastructure in Peru over the next five years, focusing on powering the...
As Scope 3 pressures mount and Science Based Targets initiative (SBTi)’s Corporate Net Zero Standard (CNZS) V2.0 takes shape, real-world insetting case studies create a replicable path forward. In the...
CarbonBlue has launched the Midway pilot project—an industry-first system that integrates carbon dioxide removal (CDR) directly into a functioning brackish water desalination plant in Ma’agan Michael, Israel. This breakthrough marks...
Vaulted Deep has signed a landmark agreement with Microsoft to deliver up to 4.9 million tonnes of durable carbon dioxide removal by 2038, representing the second-largest carbon removal deal on...
European banks have made notable progress in identifying, managing, and mitigating climate and nature-related risks, according to Frank Elderson, Vice-Chair of the ECB Supervisory Board. However, he cautioned that more...
Benchmark Gensuite, in collaboration with GIST Impact, has launched a Sustainability and Climate Risk Management Solution, designed to help global enterprises quantify and manage climate-related risks across their operations and...
The UK government has unveiled a comprehensive reform package to modernize the electricity market, confirming a decision to retain a single national pricing model while introducing strategic reforms aimed at...
PepsiCo and Cargill have announced a strategic collaboration to accelerate regenerative agriculture practices across 240,000 acres of Iowa farmland by 2030, focusing on their shared corn supply chain. “This partnership...
Google has announced the world’s largest corporate clean energy agreement for hydroelectric power, signing a landmark deal with Brookfield Asset Management to secure up to 3,000 megawatts (MW) of carbon-free...
In the presence of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy, ACWA Power, the Water and Electricity Holding Company (Badeel), and Saudi Aramco Power Company...
Indian renewable energy company SAEL Industries Ltd announced plans to invest ₹82 billion ($954 million) in constructing a 5-gigawatt-per-year integrated solar cell and module manufacturing facility in Greater Noida, Uttar...
Envision, a global leader in green technology, has officially commissioned the world’s largest and most advanced green hydrogen and ammonia facility — the first to operate off-grid and fully powered...
ISS Sustainability Solutions, the sustainable investment arm of ISS STOXX, has launched a new Sovereign Climate Impact Report, designed to equip institutional investors, banks, and insurers with comprehensive tools to...
Microsoft and Carbon Direct have released the fifth edition of the Criteria for High-Quality Carbon Dioxide Removal (CDR), introducing robust standards for evaluating and scaling CDR technologies across nine pathways,...
Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Danish waste management utility Vestforbrænding have entered into a long-term carbon removal offtake agreement with Microsoft via...
Ørsted has achieved financial close on a TWD 90 billion (approximately DKK 20 billion) project finance package for its 632 MW Greater Changhua 2 offshore wind farm in Taiwan, backed...
Masdar and Iberdrola have announced two major clean energy milestones under their €15 billion strategic alliance: a €5.2 billion ($5.6 billion)co-investment in the UK’s East Anglia THREE offshore wind farm...
JLR has become the first in the global automotive industry to commit to using tyres composed of more than 70% renewable and recycled materials on its vehicles—marking a major step...
Sumitomo Corporation, through its UK subsidiary Summit Energy Evolution Limited (SEEL), is investing in the development of a new CO₂ transport pipeline to serve Peak Cluster, a major carbon capture...
Biorig, the renewable gases division of Spain-based Solarig, is scaling up its biomethane operations in Italy with a strategic investment exceeding €300 million by 2030. The initiative will include the...
The UK has announced a £12 million funding package aimed at bolstering disaster risk finance for climate-vulnerable countries—part of a broader strategy to position the UK as a global hub...
Indonesia, the world’s largest archipelago with over 17,000 islands, is making significant strides toward a sustainable energy future. At the forefront of this transition is the Cirata Floating Solar Farm,...
Siam Commercial Bank (SCB) has outperformed its sustainable finance goal, disbursing more than 180 billion baht in sustainable loans and bonds within just two and a half years—well ahead of...
Sri Lanka doubles down on sustainable finance Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), unveiled the Sustainable Finance Roadmap 2.0 on May 5 in...
The European Securities and Markets Authority (ESMA) has released its first Climate Transition Plan, marking a strategic shift to align its internal operations with the EU’s long-term climate goals and...
Abu Dhabi Islamic Bank (ADIB) has mobilised AED 17.3 billion (USD 4.7 Billion) in sustainable finance as of year-end 2024—marking significant progress toward its AED 60 billion target by 2030....
ERM, the world’s largest specialist sustainability consultancy, has helped SSE and Equinor secure planning consent for the UK’s first hydrogen-to-power project — the Aldbrough Hydrogen Pathfinder — marking a key...
The Luxembourg Stock Exchange (LuxSE) has launched the Transition Finance Gateway, a new initiative designed to spotlight transition efforts among over 500 non-financial corporate debt issuers and enhance transparency for...
The Green Climate Fund (GCF) Board has approved a historic $1.225 billion in funding at its 42nd meeting, marking the largest amount ever allocated during a single session. The funds...
The UK government has launched its first-ever Onshore Wind Strategy, aiming to reverse nearly a decade of stagnation in the sector and deliver a major boost to its clean energy...
Phlair GmbH and Carbon Removal AS, through its subsidiary NorDAC Kollsnes AS, have signed an agreement to develop Europe’s first large-scale Direct Air Capture (DAC) and geologic CO₂ storage facility...
Salesforce has unveiled Agentforce for Net Zero Cloud, a next-generation AI-powered assistant designed to accelerate sustainability reporting, slash operational costs, and increase business efficiency by automating complex compliance tasks and...
Terra CO2, a U.S.-based low-carbon building materials company, announced it has secured $124.5 million in Series B funding to scale its commercial production of sustainable cement alternatives. The round was...
Allianz Commercial has launched its Climate Adaptation & Resilience Services (CAReS) platform to help businesses identify, evaluate, and reduce exposure to climate risks amid rising losses from natural catastrophes. The...
Mars Incorporated has announced a 1.9% absolute reduction in greenhouse gas emissions in 2024, reinforcing its continued ability to decouple environmental impact from economic growth. Since 2015, the company has...
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 target to reduce net greenhouse gas (GHG) emissions by 90% compared to 1990 levels, in...
Amazon has unveiled a groundbreaking fulfillment center in Nagoya, Japan, designed to integrate advanced geothermal and solar technology to minimize its environmental footprint. The facility is Amazon’s first globally to...
The European Commission is preparing to propose the use of carbon credits purchased from other countries to help meet the European Union’s upcoming 2040 climate target. The official target—set for...
Nokia has signed a €1.5 billion five-year multicurrency revolving credit facility (RCF), with two optional one-year extensions. The facility includes a sustainability-linked pricing mechanism, tying the margin of the loan...
At its meeting on 25 June 2025, the Swiss Federal Council announced a decision to pause the ongoing revision of the Ordinance on Climate Disclosures for companies. The move reflects...
A strong majority of Europeans believe climate change is a critical issue requiring urgent action, according to the latest Eurobarometer survey. 85% of citizens say tackling climate change should be...
The Singapore Business Federation (SBF) is calling for a 12- to 24-month extension of mandatory climate-related disclosures under the ISSB framework for smaller firms listed on the Singapore Exchange (SGX)....
Slovenia has launched its first sustainability-linked bond, raising €1 billion to support its environmental and climate objectives. The 10-year bond, maturing on 2 July 2035, carries a coupon rate of...
The Global Reporting Initiative (GRI) has unveiled two new sustainability reporting standards—GRI 102: Climate Change and GRI 103: Energy—to drive corporate accountability and accelerate climate action. “These new GRI Standards...
The UK government has announced a major step in its mission to become the “sustainable finance capital of the world”, launching a set of consultations aimed at standardizing climate transition...
The European Commission has adopted the Clean Industrial Deal Framework (CISAF), a robust and long-term state aid structure aimed at accelerating clean energy deployment, industrial decarbonisation, and clean technology investment...
Syre, the H&M-backed textile recycling firm, has announced strategic partnerships with Gap Inc., Target, and Houdini Sportswear as part of its commercial launch, advancing its mission to decarbonize and dewaste...
The IFRS Foundation has published new guidance to help entities disclose climate-related transition information in alignment with IFRS S2 Climate-related Disclosures, aiming to improve the quality, consistency, and comparability of...
Virgin Holdings Limited has received official validation from the Science Based Targets initiative (SBTi) for its net-zero targets, confirming its emissions pathway aligns with the 1.5°C climate goal. This marks...
Caisse de dépôt et placement du Québec (La Caisse) has unveiled a bold 2025–2030 climate strategy targeting $400 billion in climate action investments by the end of the decade. The announcement...
Climate Tech Partners (CTP) has secured its first close with a $30 million anchor investment—$15 million each from Australian Ethical Investments (AEI) and the Clean Energy Finance Corporation (CEFC)—despite headwinds...
Google is rolling out major updates to Maps aimed at helping Europeans make more sustainable travel decisions this summer. From commuting to vacationing, new features support a shift to greener...
The Basel Committee on Banking Supervision has published a voluntary framework for disclosing climate-related financial risks, aimed at internationally active banks and national regulators. “Jurisdictions are to consider whether to...
On June 13, 2025, California sued the Trump administration after it revoked waivers allowing the state to set stricter vehicle emission rules under the Clean Air Act. Governor Gavin Newsom...
Seven middle-income countries—Brazil, Egypt, Mexico, Namibia, South Africa, Türkiye, and Uzbekistan—have been selected by the Climate Investment Funds (CIF) to lead the launch of its $1 billion Industry Decarbonization investment...
RWE has returned to the hybrid bond market for the first time since 2015, successfully issuing a €1 billion green hybrid bond to support its renewable investment strategy. Split into...
Meta Platforms and XGS Energy have entered into a landmark agreement to develop 150 megawatts of next-generation geothermal power in New Mexico, marking a major step in clean energy innovation...
Fervo Energy has secured $206 million in new funding to complete Phase I of Cape Station—set to become the world’s largest enhanced geothermal systems (EGS) development. This financing milestone cements...
Lightsource bp has secured approximately TWD 6 billion (USD 185 million) to fund its first fishery solar project in Taiwan — and its first globally — positioning the company as...
Robeco’s 5th Global Climate Investing Survey 2025 reveals that most institutional investors view Donald Trump’s fossil-fuel-forward energy agenda as a short-term disruption to long-term climate goals. “A sobering reality: while...
Six leading public development banks have launched Clean Oceans Initiative 2.0, committing €3 billion between 2026 and 2030 to fight marine plastic pollution and support waste prevention and circular economy...
Google is scaling up water resilience in Taiwan, launching a $3 million initiative to restore water quality in Hsinchu City and strengthen the country’s long-term water security. In partnership with...
The rapid growth of artificial intelligence is driving a sharp rise in global electricity demand, according to a new report from the United Nations’ International Telecommunication Union (ITU). From 2020...
Bain & Company has entered a strategic partnership with climate-tech firm Terralytiq to help global corporations decarbonize their supply chains—especially Scope 3 emissions, which remain among the most difficult to...
Aircapture, the XPrize-winning direct air capture (DAC) company, has raised $50 million in Series A funding, led by the Larsen Lam Climate Change Foundation, to accelerate deployment of its modular,...
Verde Resources Inc., through its subsidiary Verde Renewables Inc., has signed a Memorandum of Understanding (MOU) with Ergon Asphalt & Emulsions, Inc., advancing the commercialization of a low-carbon, biochar-infused asphalt...
Infosys has unveiled a more ambitious ESG Vision 2030, sharpening its focus on climate action, digital inclusion, and social equity. The updated roadmap builds on progress made since the company’s...
Macquarie Asset Management and the British Columbia Investment Management Corporation (BCI) have completed the acquisition of Renewi, a European leader in recycling and circular waste solutions. The deal, executed through...
DuPont has announced that 100% of the grid electricity powering its European Union operations now comes from renewable sources, marking a major milestone in its decarbonization strategy. The achievement, realized...
TPG Rise Climate, the climate investing arm of global asset manager TPG, has acquired a majority stake in Aurora Energy Research, a leading global energy intelligence platform. The transaction marks...
Texas Comptroller Glenn Hegar has officially removed BlackRock Inc. from the state’s list of financial companies that “boycott energy companies,” marking a key development in Texas’s ongoing push against ESG-aligned...
TotalEnergies has acquired a major renewable energy pipeline in the UK—comprising 8 solar projects (350 MW) and 2 battery storage assets (85 MW)—from Low Carbon, a leading renewable developer. The...
Climate Impact Partners has submitted a formal response to the Science Based Targets initiative (SBTi), urging adjustments to the draft Corporate Net-Zero Standard (CNZS) Version 2.0 to better balance scientific...
InnoEnergy, the impact investor behind some of Europe’s most promising clean tech companies, is set to reduce global CO₂-equivalent emissions by 2.3 gigatonnes by 2030—equivalent to removing 534 million internal...
Key Impact Points: Energize Capital Expands Climate-Tech Strategy with $430 Million Fund III Energize Capital, a leading climate-focused investor, has closed Ventures Fund III with $430 million in capital commitments,...
STOXX and Intercontinental Exchange (ICE) have launched a new suite of fixed income climate indices designed to meet rising investor demand for ESG-integrated bond benchmarks. These STOXX ICE Fixed Income...
The International Finance Corporation (IFC) has committed $100 million in equity to TPG’s Global South Initiative (GSI) — a climate investment strategy focused on unlocking scalable, high-return opportunities across emerging...
Constellation and Meta have signed a 20-year power purchase agreement (PPA) to secure 1,121 megawatts of carbon-free energy from the Clinton Clean Energy Center in Illinois, beginning June 2027. This...
ALTÉRRA, the UAE’s $30 billion climate investment vehicle, has pledged €50 million via its Acceleration Fund to support Absolute Energy, a next-gen renewable energy platform focused on Italy. The co-investment,...
Africa is positioning itself as a frontrunner in global carbon markets, with the launch of the Africa Carbon Support Facility (ACSF) at the African Development Bank Group’s high-level dialogue on...
Barclays Climate Ventures has catalyzed more than £508 million in climate tech investment since 2020, according to its newly released 2024 impact report. By leading or co-leading 61% of its...
Danske Bank is redefining how it supports the climate transition—broadening its approach to finance entire company transitions rather than just isolated green projects. “By evaluating transition plans at the company...
The IFRS Foundation has released educational guidance to clarify how companies should report greenhouse gas (GHG) emissions under IFRS S2 Climate-related Disclosures, enhancing investor visibility into transition risks and sustainability...
OMV has committed to building one of Europe’s largest green hydrogen facilities—a 140 MW electrolyzer in Bruck an der Leitha, Lower Austria. The final investment decision, a mid-three-digit million-euro commitment,...
Hitachi Energy has supplied rectifier transformers to a major green hydrogen project in Songyuan, northeast China—one of the largest integrated hydrogen-ammonia-methanol developments in the world. Built by China Energy Engineering...
Watershed has launched Open CEDA, a free public version of its global emissions database—the Comprehensive Environmental Data Archive—unlocking access to environmental data across 148 countries, 400 industries, and 95% of...
Amprion GmbH has raised €1 billion through a green dual-tranche bond, reinforcing its commitment to building a climate-neutral electricity transmission grid in Germany. Issued under its €9 billion debt issuance...
RGE and TotalEnergies have formalized a Co-Investment Agreement to develop, build, and operate a solar photovoltaic (PV) plant with integrated battery energy storage in Indonesia’s Riau Province. The project will...
The European Union is closing in on its 2030 climate and energy targets, according to the European Commission’s latest assessment of Member States’ National Energy and Climate Plans (NECPs). Improved...
The European Union has officially approved a regulatory amendment that gives car manufacturers additional leeway to meet their CO₂ emissions targets. The Council of the European Union adopted the final...
Microsoft has entered into a landmark agreement to purchase up to 622,500 metric tons of low-carbon cement from Sublime Systems over the next six to nine years, marking a pivotal...
Snam has successfully placed a $2 billion multi-tranche USD-denominated Sustainability-Linked Bond (SLB), marking a historic first in sustainable finance: a Net Zero target across Scope 1, 2, and 3 GHG...
Microsoft and Carbon Direct have introduced a new framework to elevate the credibility of environmental attribute certificates (EACs) used to decarbonize the concrete and steel industries—two of the most emissions-intensive...
Meta is deepening its renewable energy strategy through two long-term Power Purchase Agreements (PPAs) with The AES Corporation, totaling 650 megawatts of solar capacity. The clean power will support Meta’s...
DHL Group has unveiled a promising new emissions-cutting tool in its decarbonization strategy: the Extended Range Electric Vehicle (EREV), built in collaboration with Scania. Tested over 100 days between Berlin...
Green Project Technologies and Achilles have announced a strategic partnership designed to simplify and scale Scope 3 emissions management across global supply chains—an area long plagued by fragmented data and...
The European Commission has formally designated 44 oil and gas companies to develop CO₂ storage capacity across Europe, aligning with the EU’s Net-Zero Industry Act and Industrial Carbon Management Strategy....
PepsiCo has refined its environmental goals under its PepsiCo Positive (pep+) strategy, expanding regenerative agriculture targets and adjusting climate, water, and packaging commitments to improve impact and business resilience. The...
TotalEnergies has switched on its largest solar power installation in Europe — a cluster of five solar farms in Seville, Spain — delivering a combined 263 megawatts of installed capacity....
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