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Category: Global News
Key Takeaways Germany’s Major Climate Investment Move Germany’s parliament has approved a €500 billion infrastructure and defense fund, with €100 billion allocated to climate and energy transition projects. This funding...
China’s Finance Ministry announced Wednesday that it plans to issue its first-ever overseas sovereign green bonds in yuan, totaling up to 6 billion yuan ($829 million), with London chosen as...
FireSat Revolutionizes Wildfire Detection The first satellite of the groundbreaking FireSat constellation has successfully launched, promising to transform wildfire detection and response by leveraging artificial intelligence. Developed through a collaboration...
Major global corporations, including Amazon and Google, signed a groundbreaking pledge at the CERAWeek 2025 conference, aiming to triple global nuclear energy capacity by 2050. The initiative marks the first...
Effective immediately, the Ontario government has imposed a 25% surcharge on electricity exports to the United States, targeting power supplies to Michigan, Minnesota, and New York. This measure responds directly...
SSBJ Introduces First Sustainability Disclosure Standards The Sustainability Standards Board of Japan (SSBJ) has officially launched its inaugural Sustainability Disclosure Standards (SSBJ Standards) to enhance corporate sustainability reporting in Japan....
The European Commission has announced a plan to extend the compliance period for CO2 emissions targets from one year to three, giving automakers more time to meet stringent regulations and...
Governments reached a crucial agreement on February 27, 2025, in Rome to mobilize the resources needed to implement the Kunming-Montreal Global Biodiversity Framework (KMGBF). This follows COP16 negotiations, which resumed...
The 2025 Global Risks Landscape The 2025 WEF Global Risks Report underscores that nature-related risks remain one of the most persistent and pressing challenges for businesses. Political shifts won’t change...
EU Simplifies Sustainability and Investment Rules The European Commission has unveiled two major legislative packages—Omnibus I and Omnibus II—aimed at reducing regulatory burdens, improving sustainability rules, and unlocking investment. The...
Global Biodiversity at Risk Countries are meeting in Rome to advance a $200 billion annual nature finance deal. The initiative builds on last year’s Kunming-Montreal Global Biodiversity Framework, aimed at...
Cities are stepping up in the fight against climate change, but a significant funding gap threatens progress. New data from CDP, in collaboration with the Global Covenant of Mayors for...
Nikola Corporation, once a beacon of innovation in the electric vehicle (EV) sector, has filed for Chapter 11 bankruptcy protection according to a recent press release issued by the automaker....
TikTok’s Multi-Year Carbon Commitment TikTok has entered a multi-year partnership with Climeworks to remove 5,100 tons of CO₂ from the atmosphere by 2030. The plan combines Direct Air Capture, Biochar,...
Eurostat’s latest report shows a continued decoupling of emissions from economic growth. Sector trends: Related Article: EU Invests €4.8 Billion from Emissions Trading Revenues to Fund Net-Zero Projects Country breakdown:...
BYD and SEC’s Landmark Deal BYD Energy Storage and Saudi Electricity Company have signed the world’s largest grid-scale energy storage contract, totaling 12.5GWh. Combined with a previously delivered 2.6GWh project,...
Global sustainable bond issuance is projected to hit $1 trillion in 2025, sustaining the momentum from 2024. ESG Challenges Deepen Big picture: The gap between decarbonization goals and real-world implementation...
Salesforce, alongside Hugging Face, Cohere, and Carnegie Mellon University, launched the AI Energy Score—a new benchmarking tool to measure and compare AI model energy consumption. Salesforce is the first AI...
BBVA reached its €300 billion sustainable business target one year early, exceeding its initial 2018-2025 commitment. The bank had progressively raised its goal, from €100 billion in 2018 to €200...
The BBC has unveiled its first Climate Transition Plan, outlining its roadmap to achieve Net Zero emissions by 2050. This milestone reflects the Corporation’s dedication to building a sustainable organization...
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