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Asda has launched a sustainability-linked supply chain finance program with Lloyds, offering UK suppliers improved payment terms and rates tied directly to their sustainability performance. Under the scheme, suppliers who...
China will impose absolute emissions caps in selected industries beginning in 2027, marking a major shift in the country’s approach to carbon regulation. The announcement, made by the State Council...
Norway has officially launched operations at its Northern Lights carbon capture and storage (CCS) project with the injection of the first volumes of CO2 deep beneath the seabed. The project,...
Climate finance, carbon markets, and clean tech innovation defined this week’s ESG headlines. China launched a green foreign debt program to boost global capital flows, while the UK outlined draft...
China has rolled out a pilot program aimed at channeling global capital into its green economy through foreign debt financing. The initiative, launched by the State Administration of Foreign Exchange...
The UK has launched a public consultation on new draft Transition Finance Guidelines, a framework designed to unlock capital for high-emitting industries and position the country as a global hub...
Morgan Stanley Investment Management’s 1GT climate private equity strategy has joined a $105 million Series C round for Overhaul Group, a global provider of in-transit cargo risk management solutions. The...
The European Securities and Markets Authority (ESMA) and the European Environment Agency have signed a memorandum of understanding designed to tighten cooperation in the rapidly expanding field of sustainable finance....
BlackRock CEO Larry Fink and Roche vice chairman André Hoffmann have been appointed interim co-chairs of the World Economic Forum (WEF) as the institution enters a critical period of transition....
Eni has signed an agreement to sell a 49.99% stake in its carbon capture, utilization and storage subsidiary, Eni CCUS Holding, to Global Infrastructure Partners (GIP), the infrastructure arm of...
The Philippines is preparing to introduce a Carbon Credit Policy for its energy sector, a move the Department of Energy (DOE) says will help the country access growing carbon markets...
In a landmark move for U.S. energy, Google has partnered with Kairos Power and the Tennessee Valley Authority (TVA) to advance the first deployment of Kairos Power’s advanced nuclear reactor...
In a decision with far-reaching implications for corporate climate accountability, a federal judge this week ruled that California’s groundbreaking climate disclosure laws—SB 253 (emissions reporting) and SB 261 (climate-related financial...
The Asian Infrastructure Investment Bank (AIIB) has released its inaugural Sustainability Report, marking a significant step in aligning with emerging global standards for climate-related financial reporting. The 2024 report applies...
From billion-dollar climate finance deals to wildfire emergencies, this week’s ‘Week in Review’ shows just how high the stakes are for sustainability. Qatar stepped into the green bond market for...
The latest round of United Nations negotiations aimed at securing a legally binding treaty to end plastic pollution ended Friday without agreement, but with countries pledging to keep working toward...
The UK’s Financial Conduct Authority (FCA) says the sustainability-linked loan (SLL) market has taken “important steps in the development of a credible transition finance ecosystem” since its 2023 review, with...
Nuveen has raised $1.3 billion in the first close of its Energy & Power Infrastructure Credit Fund II (EPIC II), a private credit strategy aiming for a $2.5 billion total....
500 Global, one of the world’s most active venture capital firms, has launched its Sustainable Innovation Program to support founders building commercially viable solutions to sustainability challenges across the global...
Record-breaking heatwaves and strong winds are fueling deadly wildfires across southern Europe, claiming lives, displacing thousands, and testing the region’s climate resilience. Wildfires are raging across southern Europe, leaving destruction...
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