Category: Climate
ScottishPower has formalized a major £1 billion turbine supply contract with Siemens Gamesa for its East Anglia TWO offshore windfarm. The deal involves Siemens Gamesa providing 64 SG 14-236 DD...
The Climate Investment Funds (CIF) has launched its ambitious Capital Market Mechanism (CCMM) on the London Stock Exchange (LSE), designed to raise up to $75 billion (£58 billion) to finance...
Data and AI are becoming essential drivers for action and future risk prediction. A recent study by Kyndryl, the world’s leading IT infrastructure services provider, commissioned by Microsoft and conducted...
The Asian Development Bank (ADB) is set to expand its climate-related lending by $7.2 billion, thanks to sovereign guarantees from the United States and Japan. This move, unprecedented in climate...
Energy Infrastructure Partners (EIP), a prominent investor in the energy transition sector, has announced an agreement to increase its stake in Plenitude, Eni’s integrated energy business that spans renewable energy...
H&M Group has strengthened its commitment to renewable energy through a virtual power purchase agreement (VPPA) with Lightsource bp for the 125MW Second Division solar project in Brazoria County, Texas....
The United Arab Emirates (UAE) has announced an ambitious climate plan ahead of next week’s COP29 climate summit in Azerbaijan, becoming the first major emitter to submit updated Nationally Determined...
China has taken a landmark step in its climate strategy by passing its first-ever energy law, which will come into effect on January 1, 2025. Adopted during a session of...
Li-Cycle Holdings Corp. has secured a major $475 million loan from the U.S. Department of Energy (DOE) to fund the development of its Rochester Hub project in upstate New York....
Building on its legacy of innovation and sustainability, Samsonite International S.A. has announced a new science-based climate target, aligning with the Science Based Targets initiative (SBTi) criteria. The commitment underscores...
The UK’s Department for Energy Security and Net Zero (DESNZ) and Westminster Council have launched a £1 billion heat network aimed at providing low-carbon heating to some of London’s most...
Mizuho Bank, Ltd., led by President & CEO Masahiko Kato, has entered into a strategic partnership with Pollination Global Holdings Limited, founded by CEO Martijn Wilder AM, to bolster clients’...
Following a successful pilot, ADNOC and climate tech firm 44.01 are scaling up their innovative carbon-to-rock project in Fujairah, in collaboration with the Fujairah Natural Resources Corporation (FNRC) and Masdar....
In a significant environmental milestone, net GHG emissions across the EU dropped by 8.3% in 2023, according to a new report by the European Commission. This decrease represents one of...
The UAE is set to invest AED200 billion ($54.4 billion) over the next six years to address the nation’s growing sustainable energy needs, according to Suhail Al Mazrouei, UAE Minister...
Follow ESG News on Linkedin ENGIE North America (ENGIE) and Meta have finalized a significant Environmental Attributes Purchase Agreement (EAPA), enabling ENGIE to deliver 260 MW of renewable energy from the...
Follow ESG News on Linkedin The Climate Investment Funds (CIF) governing board approved a groundbreaking $70 million investment for Turkey. This plan will support Turkey’s clean energy ambitions by boosting the...
Follow ESG News on Linkedin The European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP) have expanded their partnership, signing an agreement aimed at accelerating sustainable development in Italy’s public...
Follow ESG News on Linkedin BBVA has reached a remarkable milestone in sustainable finance, channeling €71 billion into sustainable business initiatives from January to September 2024. The bank’s significant growth represents...
Terrascope’s Chief Commercial Officer Felipe Daguila joined ESG News’ Melike Ayan to unpack how Terrascope leverages data to drive sustainability decisions and decarbonization in the food and agriculture industries. Here is...
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