The Indonesia Investment Authority, the country’s sovereign wealth fund, is to set up a green electric vehicle (EV) fund of at least $2 billion with China’s battery maker CATL and...
The US, Japan and other countries will offer a climate finance deal worth as much as $20 billion to help Indonesia shift its coal-dominated power grid away from the polluting...
The financial sector has profitable opportunities in financing climate change, says Jonathan Larsen, Chief Innovation Officer of Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318). “Ping...
China has drafted a new plan to control methane and will promote new technologies and financing mechanisms to slash rising emissions of the greenhouse gas that traps 80 times more...
Indonesia received an advance payment of US$20.9 million under the Emissions Reduction Payment Agreement between the Government of Indonesia and the World Bank’s Forest Carbon Partnership Facility (FCPF) for reducing emissions from...
Kuwaiti Foreign Minister Sheikh Salem Abdullah Al-Jaber AI-Sabah affirmed Monday Kuwait’s commitment to reaching carbon neutrality by 2050 in the oil and gas sector and in other sectors by 2060....
The Bloomberg Philanthropies and Goldman Sachs-backed Climate Innovation and Development Fund has completed its first set of blended-finance investments focused on innovation across the sustainable transport sector in each of...
Dubai-owned ports giant DP World intends to invest around $500 million to reduce carbon dioxide emissions in its operations by 700,000 tonnes over the next five years, state news agency...
Facility will create more than 400 skilled jobs, strengthen the U.S. semiconductor supply chainIncreases total investment plans to more than $600 millionMaterial developed with Georgia Tech to support next-gen, high-performance computing Absolics, Inc.,...
On October 27, the winners of the inaugural ESG China Awards were announced in Shanghai. Organized by the British Chamber of Commerce Shanghai, the Awards is a program recognizing and promoting excellence from businesses and...
The governing board of the Climate Investment Funds, one of the world’s largest multilateral funds for climate action in developing countries, endorsed new investment plans set to allocate $1 billion...
Hydrogen could supply up to half of power needs by 2050 Deputy Prime Minister and Minister for Finance Lawrence Wong outlined Singapore’s national strategy to develop hydrogen as a major...
The Asian Development Bank (ADB) mobilized a $135 million financing package for VinFast Trading and Production Joint Stock Company for manufacturing Viet Nam’s first fully-electric public transport bus fleet and first national electric vehicle charging...
Dubai Islamic Bank PJSC has announced the publication of its Sustainable Finance Framework which was created to facilitate the financing of green and social initiatives and projects. In doing so,...
Ping An Insurance (Group) Company of China, Ltd. ( “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that subsidiary Ping An Bank (the “Bank”, SHE:000001) has released its 2021 Environmental Information...
Shift4Good, the first global independent impact venture capital fund dedicated to sustainable mobility, announces the 1st closing of Shift4Good Fund 1 with major institutional and corporate investors in the mobility...
The deal will facilitate trade and investment in green goods and services Builds on existing cooperation to take action on climate change and strengthen trade and investment in clean energy...
Launched their new ESG Strategy Handbook today, where Gunung Raja Paksi aims to reduce its environmental and social impact in steel – traditionally, a major contributor to global carbon emissions...