Category: News
The Trump administration has canceled $679 million in federal funding for 12 offshore wind projects, a move that effectively derails several cornerstone initiatives launched under the Biden administration’s clean energy...
The Reserve Bank of India (RBI) has been advised to strengthen its climate risk framework by balancing global best practices with domestic realities, according to a new report by the...
Utrecht Leads with a Sharper Line on ESG UTRECHT – The Dutch pension fund PFZW has severed mandates worth roughly $34 billion with global managers BlackRock and Legal & General...
Copenhagen readies first EU-compliant sovereign green bonds Denmark is preparing to enter capital markets with what would be the world’s first sovereign bonds issued under the EU Green Bond Standard...
RMI’s climate tech accelerator, Third Derivative, has welcomed 18 startups from six countries across four continents, broadening its portfolio to more than 280 companies. The program is designed to accelerate...
Rolls-Royce’s Power Systems division, in partnership with Microsoft, has released a position paper making the case for Hydrotreated Vegetable Oil (HVO) as a low-carbon backup fuel for Singapore’s fast-growing data...
Singapore Anchors Regional Climate Finance Push The Monetary Authority of Singapore (MAS) has secured $510 million in committed capital for a new fund targeting green infrastructure across Southeast and South...
Poland Steps Into Carbon Removal Kielce, a city in southeastern Poland, is preparing to host the country’s first direct air capture (DAC) installation, a pilot facility designed to remove carbon...
A New Energy Alliance Microsoft has formally joined the World Nuclear Association (WNA), becoming the most prominent technology company to align itself with the global nuclear industry. The move highlights...
Sacramento Moves First on Climate Disclosure The California Air Resources Board (CARB) has released its draft checklist to guide companies as they prepare for compliance with the state’s new climate...
A New Model for Corporate-Backed Forestry The American Forest Foundation (AFF) has secured a 15-year contract with Netflix to purchase verified carbon credits generated through its Fields & Forests (F&F)...
Puro.earth has raised €11 million ($12 million) in Series B financing to accelerate the scale-up of engineered carbon removal. The round was led by Nasdaq, with participation from Fortum Innovation...
Canada has committed $2.5 million to Ottawa-based TerraFixing to advance its direct air capture (DAC) technology, designed specifically for northern climates. The funding comes from the Energy Innovation Program and...
Brazil’s national development bank, BNDES, has launched one of its largest public investment initiatives in nearly a decade, committing R$10 billion in variable income through 2025. Of this, R$5 billion...
Sweden’s largest solar power plant, the 100 MWp Hultsfred Solar Farm, is now delivering renewable energy to H&M Group through a long-term power purchase agreement (PPA). Located on the grounds...
Vietnam has approved the transfer of one million tons of CO₂ emission reductions generated from plantation forests in the north-central region to the International Bank for Reconstruction and Development (IBRD),...
Spain has launched a sweeping climate emergency plan that tightens corporate disclosure rules and ramps up its clean energy transition, following wildfires that burned more than 300,000 hectares. The strategy...
Equinor said on Monday it would participate in Orsted’s 60 billion Danish crown ($9.4 billion) rights issue, subscribing for shares worth up to 6 billion crowns ($940 million). The investment...
Bank ABC has set a new high-water mark in sustainable finance, mobilizing US$2.8 billion in 2024, with almost nine out of ten dollars directed toward emerging markets. These funds are...
Standard Chartered has appointed Roger Charles as Head of Sustainability Initiatives, Coverage, within its Corporate & Investment Banking team. Charles, an environmental, social, and climate risk specialist, brings more than...
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