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Category: Government
China has taken a landmark step in its climate strategy by passing its first-ever energy law, which will come into effect on January 1, 2025. Adopted during a session of...
California regulators are preparing to vote on amendments to the state’s Low Carbon Fuel Standard (LCFS), a move that could intensify the push for low-carbon fuels to meet aggressive climate...
Li-Cycle Holdings Corp. has secured a major $475 million loan from the U.S. Department of Energy (DOE) to fund the development of its Rochester Hub project in upstate New York....
In a groundbreaking move for sustainable air travel, California Governor Gavin Newsom announced a pioneering partnership between the state and Airlines 4 America (A4A) to increase the use of sustainable...
The International Public Sector Accounting Standards Board® (IPSASB®) has released a draft of the first climate-related disclosures standard tailored specifically for the public sector, backed by support from The World...
Key Impact Points: The News: New York City Comptroller Brad Lander has proposed a policy for the city’s public pension funds to cease future investments in midstream and downstream fossil...
Key Impact Points: IBM announced that its Envizi ESG Suite has received Federal Risk and Authorization Management Program (FedRAMP) authorization. This milestone means that federal agencies can now use IBM’s...
Key Impact Points: Gevo, Inc. has secured a $1.46 billion loan commitment from the U.S. Department of Energy (DOE) Loan Programs Office for its Net-Zero 1 (NZ1) project in South...
Key Impact Points: The Hong Kong Monetary Authority (HKMA) has unveiled its Sustainable Finance Action Agenda, setting a comprehensive vision to solidify Hong Kong’s role as the leading sustainable finance...
Key Impact Points: The Biden-Harris Administration has announced a $900 million funding opportunity aimed at supporting the deployment of Generation III+ small modular reactor (SMR) technologies. This investment, part of...
Key Impact Points: Why it matters: Preserving the Amazon rainforest is critical to combating global warming, and carbon credits are a key part of the strategy. However, a lack of...
Key Impact Points: Loan Guarantees Approved On October 16, 2024, the U.S. Department of Energy announced conditional loan guarantees totaling nearly $3 billion for two significant sustainable aviation fuel (SAF)...
Key Impact Points: Why it matters: Germany, aiming to become climate-neutral by 2045, is taking bold steps to decarbonize its industries. The government’s $3.1 billion subsidies will support industrial companies...
Greece has presented a revised national energy and climate plan that significantly raises its renewable energy targets, aiming for renewables to account for 82% of electricity generation by 2030. This...
Britain’s Final Chapter on Coal The UK’s last coal-fired power station, Ratcliffe-on-Soar, closed its doors on Monday, making Britain the first G7 nation to end its reliance on coal for...
New York State Insurance Fund Transitions to Responsible ETF The New York State Insurance Fund (NYSIF) has made a significant shift by reallocating its coal assets to a responsible investment...
The Biden-Harris Administration, through the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED), has announced plans to provide up to $1.8 billion in funding to support the growth...
More than 530 financial institutions, managing over $29 trillion in assets, are pressuring governments worldwide to take decisive action on the climate crisis. In a joint statement ahead of COP29,...
1PointFive, a subsidiary of Occidental, has secured up to $500 million in funding from the U.S. Department of Energy (DOE) to develop its South Texas Direct Air Capture (DAC) Hub....
The United Nations is collaborating with the Government of Tajikistan to develop a green bond market, aiming to enhance sustainable finance in the country. The UN Economic and Social Commission...
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