The World Bank Group and partners launched the Sustainable Finance Knowledge Center for Francophone Africa. This virtual platform, available in English and French, is designed to empower companies and financial...
Kenya has taken a significant step forward in its climate goals by becoming the first African nation to develop a national REDD+ registry, designed to track carbon credits aimed at...
The EU and Angola have officially launched the Sustainable Investment Facilitation Agreement (SIFA), marking a significant step in fostering sustainable economic growth. This is the first-ever investment facilitation agreement by...
The Pan African Federation of Accountants (PAFA) has taken a significant step forward by officially approving the establishment of a Centre of Excellence (CoE) for Sustainability. This strategic initiative is...
Seriti Green has embarked on a monumental R25 billion wind farm project in Mpumalanga, marking the first phase with the 155MW Ummbila Emoyeni facility. This development is set to transform...
The Project Phase 1, which targets to replant Portulacaria afra thicket across 10,000 hectares, is being funded under a syndicated senior secured stream agreement, led by Mirova, an affiliate of Natixis Investment...
Largest single private-sector digital investment in Kenya’s history will support economic development across East Africa Microsoft Corp. and G42 on Wednesday announced a comprehensive package of digital investments in Kenya,...
A staff team from the International Monetary Fund (IMF) led by Charalambos Tsangarides, IMF mission chief for Tanzania, held meetings in Dodoma and Dar es Salaam from May 2 to...
At the the Africa Regional Forum on Sustainable Development (ARFSD), SUCCA Africa announced that they have taken a significant step towards supporting West African businesses in their transition to net...
Acre Impact Capital, a pioneering private-debt impact investment manager, announces the successful first closing of its Export Finance Fund I. With commitments nearing US$100mn and a robust target of US$300mn,...
OCP Group, a global leader in plant nutrition and phosphate-based fertilizers, and Fortescue Energy, part of global green energy, metals and technology company Fortescue Ltd (Fortescue), announced a landmark Joint...
A new World Bank program is set to strengthen and expand the electricity network, improve sector financial viability, and enable renewable energy generation through private sector participation in Ethiopia. Ethiopia...
President Bola Ahmed Tinubu has affirmed Nigeria’s commitment to diligently implement world-leading sustainability reporting standards aimed at unlocking capital investments, transforming business models, and safeguarding the environment in the country....
British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, today announced a US$ 100 million finance facility with the Eastern and Southern African Trade and Development...
Konexa, a UK-based integrated energy development and investment platform has achieved financial close on a combined USD 18 million investment from climate-centric blended finance fund manager Climate Fund Managers (CFM)...
In line with High Royal Directives, Morocco’s Head of Government Aziz Akhannouch issued a decision on Monday outlining the implementation of the “Morocco Offer” for the development of the green...
Hive Hydrogen South Africa has signed an agreement with Genesis Eco-Energy to implement 372MW of wind power in the Western Cape, to support the development of its Green Ammonia project...
Tanzania has activated the first turbine of its highly anticipated Julius Nyerere Hydropower Plant, marking a significant step towards doubling the country’s electricity generation capacity. Despite concerns from conservationists about...
ADNOC and bp announced that they have agreed to form a new joint venture (JV) in Egypt. The JV (51% bp and 49% ADNOC) will combine the pair’s deep technical...
The World Bank has extended a facility of close to $300 million to the Eastern and Southern African Trade and Development Bank (TDB), to support distributed renewable energy (DRE) and...
Gentari and Amazon Web Services (AWS) have signed a Power Purchase Agreement (PPA) for an 80MW wind power project in Tamil Nadu, India, marking a significant milestone in their clean...
Climate solutions provider Watershed has launched the Cornerstone initiative in partnership with Stanford University’s Stanford Sustainable Solutions Lab to preserve and expand access to critical sustainability datasets. These datasets underpin...
Occidental is preparing to launch operations at its Stratos direct air capture (DAC) hub in Ector County, Texas, by the end of 2025. CEO Vicky Hollub confirmed during the company’s...
DHL Supply Chain has launched a pilot program in Japan deploying hydrogen-powered fuel cell (FC) trucks, marking a milestone in its push toward decarbonized logistics. The initiative is part of...
Arevon Energy has completed the commissioning of its Eland Solar-plus-Storage complex in Kern County, California, marking one of the state’s largest clean energy developments. The facility, representing more than $2...
British Columbia has outlined its updated approach to developing, reviewing, and maintaining greenhouse gas offset protocols under its Offset Protocol Policy (OPP), aiming to enhance transparency and diversify projects that...
The European Banking Authority (EBA) has issued a no-action letter addressing the application of ESG Pillar 3 disclosure requirements under its Implementing Technical Standards (ITS). The move aims to ease...
Climate finance and technology innovation drove this week’s ESG headlines. China overhauled its green taxonomy to boost transition funding, Germany approved a bill to fast-track carbon storage, and the EU...
Companies that proactively act on environmental risks and opportunities are now seeing substantial financial rewards, according to a new report from CDP. Drawing on data from nearly 25,000 corporate disclosures...
Energy Vault Holdings, Inc. has entered into an exclusivity agreement for a $300 million preferred equity investment to launch Asset Vault, a wholly owned subsidiary that will develop, own, and...
Fortescue has secured a landmark 14.2 billion yuan ($1.98 billion) loan to accelerate its decarbonisation strategy, just weeks after cancelling green hydrogen projects in the U.S. and Australia. The five-year...
Emerge, the joint venture between Masdar and EDF Group, has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to accelerate the development and financing of distributed solar...
Swiss banking giant UBS has withdrawn from the Net-Zero Banking Alliance (NZBA), becoming the latest in a string of high-profile exits from the global climate finance initiative. The move comes...
BeZero Carbon has been appointed by the Swiss Federal Office for the Environment (FOEN) to deliver independent risk assessments for carbon credits authorised under Article 6.2 of the Paris Agreement....
Speeki is advancing its ESG platform by integrating agentic AI into Nicole®, its digital sustainability assistant, marking a shift from passive AI support to autonomous, task-oriented functionality. Agentic AI represents...
Standard Chartered has announced a landmark agreement with the Brazilian State of Acre to bring high-integrity forest protection carbon credits to market over the next five years. The partnership is...
In 2021, the Financial Conduct Authority (FCA) finalized climate disclosure rules for asset managers, life insurers, and FCA-regulated pension providers, requiring firms to report in line with the Taskforce on...
Chooose has signed an agreement with the International Air Transport Association (IATA) to integrate IATA CO2 Connect data into its platform, expanding global access to flight-specific carbon emissions information. The...
JERA and bp have officially launched their 50:50 joint venture, JERA Nex bp, marking a significant step in scaling global offshore wind development. The newly formed company enters the market...