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Category: Government
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...
The Abu Dhabi Department of Energy (DoE) is taking significant steps to foster a culture of sustainability among the younger generation in Abu Dhabi. By launching a series of initiatives,...
Texas is facing a legal challenge from the American Sustainable Business Council (ASBC), a nonprofit organization advocating for environmentally sustainable business practices. The lawsuit, filed on Thursday in Austin’s federal...
India is on a path to significantly expand its bioeconomy, with projections indicating growth from $130 billion in 2024 to $300 billion by 2030. This expansion is driven by the...
Dubai Chamber Launches ESG Label for Businesses The Dubai Chamber of Commerce has unveiled its new Environmental, Social, and Governance (ESG) Label, a strategic initiative to promote sustainable business practices...
Australia’s Senate has passed the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024, setting the stage for a new era of mandatory climate risk disclosures. Starting in...
India is making a bold move toward environmental sustainability with the “Indian Zero Emission Trucking Policy Advisory,” aiming to transition entirely to zero-emission trucks (ZETs) by 2050. The government’s Office...
New Zealand is taking decisive action to restore confidence in its Emissions Trading Scheme (ETS) by significantly reducing the number of emission credits available between 2025 and 2029. The government...
Governor Kathy Hochul announced a significant $200 million increase in funding for zero-emission school buses, the second wave from New York’s historic $4.2 billion Environmental Bond Act. This new funding,...
The U.S. Department of Energy is providing a $1.45 billion loan to Qcells, a South Korean firm, to bolster the solar manufacturing supply chain in the U.S. This marks a...
South Africa is on the brink of a renewable energy revolution, with President Cyril Ramaphosa highlighting its potential to spur significant economic growth and job creation over the next decade...
China has released a comprehensive plan to standardize carbon emission calculations across key sectors to meet its carbon reduction targets. By the end of 2024, China will publish 70 national...
The UK is taking a significant step toward sustainable air travel by introducing a mandate for sustainable aviation fuel (SAF). From January 1, 2025, the SAF mandate will require 2%...
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