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Category: Government
New York City Comptroller Brad Lander is tightening climate accountability across Wall Street, warning asset managers that failing to deliver robust Net Zero plans by June 30, 2025, will result...
The New York State Common Retirement Fund is scaling up its climate investment strategy, adding $2 billion to the FTSE Russell TPI Climate Transition Index fund. This marks the second...
The U.S. federal government has ordered an immediate halt to construction on Equinor’s $5 billion Empire Wind project, the largest offshore wind farm planned to serve New York City, signaling...
The U.S. Department of Agriculture has scrapped the Biden-era Partnerships for Climate-Smart Commodities (PCSC) program, citing inefficiencies and disproportionate administrative costs. “Many of these projects had sky-high administration fees,” said...
The Department of Finance (DOF) is accelerating the country’s sustainable finance agenda by expanding the role of the Inter-Agency Technical Working Group on Sustainable Finance (ITSF), also known as the...
New York’s Department of Environmental Conservation (DEC) released draft regulations mandating annual greenhouse gas (GHG) emissions reporting for high-emitting sectors starting in 2027. Covered entities will report emissions from the...
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,...
The Tokyo Metropolitan Government and Gold Standard have signed a Memorandum of Understanding (MoU) to bolster corporate decarbonisation initiatives within Tokyo. Under the agreement, Gold Standard Verified Emission Reductions (GSVERs)...
The past week has seen significant developments in Diversity, Equity, and Inclusion (DEI) policies across multiple sectors, with corporations, government agencies, and public figures adjusting their approaches to DEI amid...
The past week has seen a significant shift in corporate Diversity, Equity, and Inclusion (DEI) policies across major industries, as companies respond to changing political and legal landscapes. High-profile firms,...
The Government of Canada is set to issue its third Canadian-dollar-denominated green bond this week, subject to market conditions. This follows a $4 billion issuance in February 2024, which was...
Japan’s government approved a long-term plan to cut emissions, revise energy policy, and boost industrial capacity through 2040. The strategy aims to stabilize business policies while ensuring energy security and...
Governor Kathy Hochul announced $150 million in funding to decarbonize public college campuses in New York. The investment, part of the $4.2 billion Clean Water, Clean Air, and Green Jobs...
The U.S. Energy Department has approved the disbursement of a loan guarantee for Calumet (CLMT.O) to expand the Montana Renewables sustainable aviation fuel (SAF) refinery in Great Falls. Why It...
New Zealand has announced its second international climate target, aiming for a 51-55% reduction in emissions from 2005 levels by 2035, Climate Change Minister Simon Watts confirmed today. “We have...
Switzerland’s Updated Climate Commitments The Federal Council has approved Switzerland’s new climate reduction target under the Paris Agreement, reinforcing its commitment to cutting emissions primarily through domestic measures. “The objectives...
The Securities and Exchange Commission (SEC) has strengthened its ESG Product Platform by incorporating critical details about Sustainable and Responsible Investing (SRI) Funds, enhancing access to sustainability-themed financial products. This...
Australia Invests $2 Billion in Aluminium The Albanese Labor Government is investing a record $2 billion into Australia’s aluminium sector, aiming to secure jobs and boost the industry’s future. This...
The U.S. Department of Energy (DOE) announced a $15 billion loan guarantee to Pacific Gas & Electric (PG&E) for its Project Polaris, focusing on hydropower generation, battery storage, and grid...
Decarbonizing Canada’s electricity grids offers an unparalleled opportunity to cut emissions and spur economic growth, according to RBC Climate Action Institute’s latest report, Climate Action 2025: A Year for Rewiring....
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