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The Environment Agency – Abu Dhabi (EAD) has launched an international standard carbon Measurement, Reporting, and Verification (MRV) programme to address carbon emissions and accelerate the emirate’s transition to a...
New York state has enacted a groundbreaking climate law to hold fossil fuel companies accountable for their role in the climate crisis. Governor Kathy Hochul signed the bill into law...
What’s happening: India is reconsidering its decade-old, $30 billion program requiring coal-fired power plants to install flue-gas desulphurization (FGD) systems. Only 8% of the 540 targeted power plant units have...
What’s happening: China has greenlit the construction of the world’s largest hydropower dam on the Yarlung Zangbo River in Tibet. This ambitious project aims to produce 300 billion kilowatt-hours of...
China’s journey toward corporate sustainability reporting has gained momentum in recent years. The Ministry of Finance (MOF), collaborating with nine other departments, unveiled the Basic Standards on December 17, 2024,...
The U.S. Environmental Protection Agency (EPA) has granted California the authority to implement its Advanced Clean Cars II (ACC II) regulations and low-NOx standards for heavy-duty and off-road vehicles. These...
Japan’s environment and industry ministries have finalized a plan to cut greenhouse gas (GHG) emissions by 60% from 2013 levels by 2035, marking an ambitious update to its prior target...
The Suez Canal Economic Zone (SCZONE) has finalized $64 billion in green hydrogen investments through 12 framework agreements, aiming to produce 18 million tons of green hydrogen annually. Chairperson Waleid...
The financial services sector in the Asia Pacific (APAC) region plays a pivotal role in advancing sustainability goals. According to the Sustainability Counts III report, progress in this industry depends...
DP World has become the first company in the Middle East and North Africa (MENA) region to issue a Blue Bond, raising $100 million for sustainable maritime and water-focused projects....
The European Commission has awarded the construction contract for its new Joint Research Centre (JRC) building in Seville, Spain. Once approved by the European Parliament and the Council of the...
The U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) has opened applications for $1.8 billion in funding to accelerate Direct Air Capture (DAC) technology. This initiative focuses...
Snam Signs €4B Sustainability-Linked Credit Facility Snam has finalized a €4 billion sustainability-linked revolving credit facility, marking a significant milestone in its commitment to achieving carbon neutrality by 2040 and...
Tackling Growing Energy Demand in 2024 As global electricity demand continues to surge, driven by AI, electrification, and digitalization, building smarter energy systems presents both challenges and opportunities. In 2024,...
Qcells’ Solar Manufacturing Expansion The Department of Energy’s Loan Programs Office (LPO) has announced a $1.45 billion loan guarantee to Hanwha Qcells Georgia for constructing a state-of-the-art solar manufacturing facility...
VictoriaMetrics Drives Efficiency in Gemini Solar + Storage Project VictoriaMetrics has partnered with IHI Terrasun Solutions to deliver advanced data management for the $1.2 billion Gemini Solar + Storage project,...
PwC has partnered with Oracle to launch new services that simplify data consolidation and reporting for multinational organizations facing complex compliance standards, including OECD Pillar Two, the Corporate Sustainability Reporting...
Canada has entered a new era of sustainability reporting with the release of CSDS 1 and CSDS 2, now included in the CPA Canada Handbook – Sustainability. These standards, crafted...
Deutsche Bank has facilitated a AUD 2.3 billion financing package for Global Power Generation Australia (GPG) to expand its renewable energy portfolio in the Asia Pacific region. Acting as the...
The International Finance Corporation (IFC), part of the World Bank Group, has issued a 2 billion SEK green bond dedicated to financing biodiversity initiatives in emerging markets. SEB served as...
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