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Category: Global News
The European Union (EU) has launched the first phase of the world’s first carbon border tariff, a landmark tool designed to put a fair price on the carbon emitted during...
Google, Microsoft, Danfoss and Schneider Electric are the founders of a new innovation hub in Fredericia, Denmark, that will bring together the data center sector across Europe to find concrete...
Update of IEA’s landmark Net Zero Roadmap shows greater ambition and implementation, supported by stronger international cooperation, will be critical to reach climate goals Driving greenhouse gas emissions from the...
50 organizations granted a total of $25 million to pilot or expand catalytic solutions to improve food security globally Citi Foundation announced the grant recipients of its first-ever Global Innovation...
UN Global Compact celebrates twelve business leaders who have demonstrated progress and commitment towards advancing the Sustainable Development Goals. The United Nations Global Compact announced twelve new SDG Pioneers — business leaders...
The U.S. Department of State, the Bezos Earth Fund, The Rockefeller Foundation, and the World Bank announced a strategic collaboration between the Energy Transition Accelerator (ETA) and the World Bank...
A failed energy transition might reduce global GDP by as much as $6 trillion per year by 2050. A group of institutional investors with over $11 trillion in assets under management, including Allianz...
HSBC Holdings, one of the world’s largest banks, has announced plans to allocate $1 billion in financing to support climate-tech startup companies around the world. The financing is expected to...
The vast majority (94%) of business leaders still view the Sustainable Development Goals (SDGs) as a unifying global vision but achieving them requires the private sector to focus on the...
SHEIN, a global, integrated, fashion and lifestyle marketplace (“SHEIN Marketplace”), announced that it is allocating an additional US$85 Million over five years towards initiatives that support the “Equitable Empowerment” pillar...
Melinda French Gates and Bill Gates call for urgent action to advance progress on the UN’s Sustainable Development Goals and shine a spotlight on reducing maternal and child mortality The Bill & Melinda...
E-commerce giant Amazon.com (AMZN.O) has revealed its first investment in direct air capture (DAC) technology, announcing its commitment to acquiring “250,000 tons of removal credits over 10 years,” as per...
Amplified by wildfires and desert dust fanned by climate change, more frequent heatwaves are leading to a sharp drop in air quality and human health, the World Meteorological Organization (WMO)...
The United Arab Emirates (UAE) has committed $4.5 billion to significantly scale up renewable energy development in Africa to 15 gigawatts (GW) by 2030. The initiative is the first of...
The Africa Carbon Markets Initiative (ACMI) has drawn hundreds of millions of dollars in pledges from governments, businesses, and financial institutions, as African leaders seek to mobilize climate finance for...
H&M Group has published a Sustainable Finance Framework encompassing a new Green Finance Framework and an updated Sustainability-Linked Finance Framework. The Green Finance Framework specifies eligible green projects under the International Capital MarketAssociation (ICMA) categories Circular Economy, Green Buildings, Renewable Energy, Energy Efficiency and Sustainable Water Management and Wastewater Management. The Sustainability-Linked Finance Framework...
Volvo Financial Services (VFS) recently completed a yearlong collaboration with JA (Junior Achievement) Worldwide, bringing a message of economic empowerment through financial literacy education to more than 14,000 youth in Brazil, France, India, Italy, Peru, South...
Mercedes-Benz opens its first high-power charging stations this fall, implementing its far-reaching plans to expand its global charging infrastructure. Starting in October, the first Mercedes-Benz Charging Hubs will go into...
IFC provided record financing in Africa in fiscal year 2023, helping to accelerate the continent’s energy transition, develop greener manufacturing, increase intra-Africa trade, strengthen smaller businesses, and boost local food...
Ball Aerospace is celebrating alongside its mission partners today as the Tropospheric Emissions: Monitoring of Pollution (TEMPO) instrument releases its first images of Earth, the next step in its mission...
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