Category: Climate
The International Public Sector Accounting Standards Board® (IPSASB®) has released a draft of the first climate-related disclosures standard tailored specifically for the public sector, backed by support from The World...
Allianz Trade has launched Surety Green2Green, a pioneering product designed to advance global sustainability efforts by supporting low-carbon technologies and renewable projects. Through this new solution, Allianz Trade issues surety...
1PointFive and Enterprise Partner on CO₂ Pipeline to Support Texas Carbon Sequestration Hub for Industrial Decarbonization Oxy’s 1PointFive, a leading company in carbon capture, utilization, and sequestration (CCUS), and Enterprise...
Morgan Stanley has revised its 2030 climate targets, setting sector-specific emissions reductions within a 1.5–1.7°C warming limit. This range acknowledges global challenges in meeting the 1.5°C target of the Paris...
Verdane, the European growth investment firm, has announced the final close of its Idun II fund at a €700 million hard cap, a significant milestone aimed at investing in businesses...
The UN-backed Net-Zero Asset Owner Alliance (NZAOA) reported a record $175 billion investment in climate-focused solutions by its members in 2023, marking a nearly 38% jump from the previous year’s...
ACWA Power recently signed agreements exceeding $1.78 billion, focused on advancing renewable energy, battery storage, and R&D efforts across regions, including the Gulf, China, Central Asia, and North Africa. These...
Ørsted has entered a strategic partnership with Brookfield Asset Management, its institutional affiliates, and Brookfield Renewable, who will acquire a 12.45% minority stake in four of Ørsted’s UK offshore wind...
Amazon’s Climate Pledge Fund (CPF) is expanding its sustainability investments with three new companies focused on critical climate issues—e-waste, carbon storage, and low-carbon construction. These investments support Amazon’s commitment to...
PwC has made significant strides in its sustainability initiatives, achieving 95% renewable electricity usage in 2024 and a 71% reduction in Scope 1 and 2 greenhouse gas emissions from a...
Lloyd’s and MIGA Boost Climate-Smart Agriculture with $1.2 Billion Guarantee Lloyd’s, the world’s leading insurance marketplace, announced a formal partnership with the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA)...
Key Takeaways: The Green Climate Fund (GCF) has approved financing proposals totaling $2.687 billion for three multi-country programs: Greening Financial Systems, the Smart Resilient Agriculture Investment Fund, and the Resilient...
Key Takeaways: Intercontinental Exchange, Inc. and Dun & Bradstreet Holdings, Inc. have announced plans to launch a new climate risk data service targeting a broad universe of public and private...
Key Impact Points: The News: New York City Comptroller Brad Lander has proposed a policy for the city’s public pension funds to cease future investments in midstream and downstream fossil...
Key Impact Points: Levi Strauss & Co. (LS&Co.) has released its inaugural climate transition plan, outlining a clear roadmap to reduce greenhouse gas (GHG) emissions and achieve Net Zero status...
Comcast Corporation has fully allocated its $1 billion green bond, as outlined in its 2024 Green Bond Report, with $995 million in net proceeds directed toward projects that enhance sustainability....
Key Impact Points: Ebb Carbon has signed an agreement with Microsoft to remove up to 350,000 tonnes of CO2 over the next decade using Ebb’s innovative Electrochemical Ocean Alkalinity Enhancement...
Key Impact Points: MSCI Inc. has appointed Dr. Richard Mattison as Head of ESG and Climate, starting October 29. Mattison, who brings extensive experience in sustainable finance, will be responsible...
Key Impact Points: Morgan Stanley has partnered with Climeworks, a leader in carbon removal, to permanently eliminate 40,000 tons of CO₂ from the atmosphere. This partnership, which runs until 2037,...
Key Impact Points: Gevo, Inc. has secured a $1.46 billion loan commitment from the U.S. Department of Energy (DOE) Loan Programs Office for its Net-Zero 1 (NZ1) project in South...
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