Category: Climate
Key Findings: Global insurers are increasingly focused on low-carbon transition and clean energy infrastructure investments, according to BlackRock’s 13th annual Global Insurance Report. A staggering 99% of respondents have set...
Key Impact Points: IBM has acquired Prescinto, a leading asset performance management (APM) SaaS provider for renewable energy. The acquisition strengthens IBM’s Maximo Application Suite (MAS), enhancing its ability to...
Key Impact Points: Saudi Arabia has completed the first hydrogen train test in the Middle East, according to Dr. Bashar Al-Malik, CEO of the Saudi Railway Company. “This project is...
Key Impact Points: Financing Announcement BrightNight has announced the successful closing of a $260 million tax-equity financing commitment for its 300-megawatt Box Canyon solar project in Pinal County, Arizona. This...
To accelerate the clean energy transition across the U.S., Google has signed the world’s first corporate agreement to purchase nuclear energy from multiple small modular reactors (SMRs) to be developed...
Key Impact Points: ESG Book, a leading provider of sustainability-related data on public and private companies, has announced a strategic partnership with Zfolio, the premier platform for managing financed emissions....
Greece has presented a revised national energy and climate plan that significantly raises its renewable energy targets, aiming for renewables to account for 82% of electricity generation by 2030. This...
Significant Investment in Sustainable Projects The Public Investment Fund (PIF) of Saudi Arabia has identified a capital expenditure requirement of $19.4 billion for its eligible green projects, with $5.2 billion...
For more from Tim Mohin, sign up for his newsletter here With the 29th “Conference of the Parties” – (COP29, the global climate confab) – just around the corner, countries are...
Key Impact Points: Petrobras is investing R$ 90 million to build its first pilot plant for renewable hydrogen production. Slated to begin operations by early 2026, the plant will be...
Doubling Down on Green Energy Spain’s Iberdrola, Europe’s largest electricity company, announced plans to double its UK investment to £24 billion ($31 billion) between 2024-2028. The move, ahead of the...
Advancing Climate Intelligence S&P Global has launched the S&P Global Climate Center of Excellence, aimed at enhancing long-term climate, environmental, and nature research. The center brings together top scientists and...
Key Impact Points: The Government of Canada is advancing a Made-in-Canada sustainable investment taxonomy aimed at accelerating progress toward net-zero emissions by 2050. This taxonomy will provide a framework for...
Key Impact Points: Canada’s Net-Zero Plan Takes Shape The Canadian government has advanced two significant sustainable finance initiatives to ensure the country meets its ambitious net-zero emissions target by 2050....
Key Impact Points: The European Mortgage Federation – European Covered Bond Council (EMF-ECBC) and the Climate Bonds Initiative (Climate Bonds) have joined forces to certify bonds aligned with the European...
Key Impact Points: Google advances 24/7 clean energy goal energyRe announced that Google has signed a 12-year power purchase agreement (PPA) for renewable energy from a 435-megawatt (MWdc) solar project....
Key Impact Points: Goldman Sachs Boosts BrightNight’s Renewable Energy Expansion with $440M Investment Goldman Sachs Alternatives has made a $440 million equity investment in BrightNight, a next-generation renewable energy company....
Key Impact Points: Global Decarbonisation Slows Fitch Ratings’ latest report reveals that despite progress in advanced economies, the overall pace of global decarbonisation remains alarmingly slow. World CO2 emissions rose...
Key Impact Points: The International Finance Corporation (IFC), a member of the World Bank Group, has teamed up with Axis Bank, one of India’s largest private sector banks, to launch...
Pioneering Global Decarbonization Efforts During the Ministerial day of the 15th Clean Energy Ministerial (CEM15), the Climate Investment Funds, one of the world’s largest multilateral climate funds, announced a significant...
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