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....
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...
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...