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Category: Global News
Microsoft has signed a landmark 10-year agreement with Bolivia-based Exomad Green to remove nearly 1.24 million tonnes of CO₂ via biochar—a move that marks the largest biochar carbon removal deal...
Aramco has commissioned a world-first Iron-Vanadium (Fe/V) flow battery system to store renewable energy for its gas operations, marking a major milestone in industrial energy storage. The 1-MW/hour battery system—installed...
The European Commission and the UK government have agreed to work towards linking their carbon markets, in a move that could unify the EU and UK Emissions Trading Systems (ETS)...
The world’s first large-scale commercial e-methanol plant has officially opened in Kassø, Denmark, positioning itself as a cornerstone in the global transition to low-emission fuels. The €150 million Kassø e-methanol...
The Council of the European Union has endorsed a key amendment to CO₂ emissions regulations for new passenger cars and vans, granting automakers a more flexible path to meet 2025...
The U.S. Department of Justice has filed lawsuits against New York and Vermont, challenging their newly enacted “climate superfund” laws that seek to hold fossil fuel companies financially accountable for...
Chestnut Carbon has planted more than 17 million trees across 30,000 acres in the Southeastern U.S., completing its third afforestation season and establishing the largest afforestation project in the U.S....
Multilateral Development Banks (MDBs) are advancing efforts to scale up urban climate finance, signaling increased commitment to cities on the frontlines of the climate crisis. At the roundtable “Scaling Sustainable...
The Inter-American Development Bank (IDB), IDB Invest, and the IFRS Foundation have launched a strategic partnership to promote the adoption and implementation of the IFRS Sustainability Disclosure Standards throughout Latin...
BloombergNEF’s New Energy Outlook 2025 delivers a sharp assessment of how the global energy transition may unfold by mid-century—assuming market forces, not climate mandates, dictate investment. While renewables and electrification...
Europe is heating faster than any other continent—and the consequences are multiplying.The European State of the Climate 2024 report, released by the Copernicus Climate Change Service (C3S) and the World...
Global maritime shipping is poised for a transformative shift following a landmark agreement reached by the UN International Maritime Organization (IMO). The newly approved framework sets the sector on course...
What’s happening U.S. President Donald Trump signed a sweeping executive order on Tuesday directing the federal government to block state-level climate policies that restrict fossil fuel use or promote environmental...
Britain is rolling back parts of its Zero Emission Vehicle (ZEV) Mandate in a bid to protect its auto industry from the fallout of new 25% tariffs on car imports...
The European Parliament has voted to adopt the European Commission’s “stop-the-clock” directive, delaying implementation timelines for key sustainability regulations: the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due...
China will officially enter the global green sovereign bond market Wednesday, issuing its inaugural 6 billion yuan ($825 million) bond on the London Stock Exchange. This issuance, anticipated for years,...
EU member states have approved the Council’s position on the “Stop-the-clock” mechanism aimed at simplifying EU sustainability regulations and enhancing business competitiveness. “Simplification is one of the priorities of the...
Renewable energy capacity surged by a record 585 gigawatts (GW) in 2024, reaching a total global capacity of 4,448 GW—marking the fastest annual growth rate ever at 15.1%, according to...
ING announced today its climate targets have been validated by the Science Based Targets initiative (SBTi), marking it as the first global systemically important bank to align its emission reduction...
The Platform on Sustainable Finance (PSF), advising the European Commission, has proposed a voluntary “SME sustainable finance standard” aimed at easing access to sustainability financing for small and medium-sized enterprises....
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