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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...
The European Commission has committed €4 million ($4.3 million) to support the development of sustainable aviation fuels (SAF) through the International Civil Aviation Organization’s Capacity-building and Training for Sustainable Aviation...
The International Finance Corporation (IFC) and BTG Pactual have formed a strategic partnership to accelerate sustainability and development initiatives in Brazil and across Latin America. The collaboration, announced this week,...
Singapore’s regulators are easing the pressure on smaller businesses by extending timelines for climate reporting. The Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) announced that...
Global fashion and lifestyle retailer SHEIN and Lufthansa Cargo have entered into a Memorandum of Understanding (MoU) to accelerate the adoption of sustainable aviation fuel (SAF) and develop broader carbon-reduction...
A German court has barred Apple from marketing its Apple Watch as “CO2 neutral,” ruling that the company misled consumers about the durability of its offsets. The Frankfurt decision, issued...
Hong Kong’s growing cohort of family offices is leaning into environmental, social and governance (ESG) investing, prompting regulators to sharpen reporting standards in a bid to keep pace with international...
Swiss International Air Lines (SWISS), part of the Lufthansa Group, has signed a multi-year agreement with Swiss climate tech start-up neustark to remove carbon dioxide by 2030, with an option...
Blackstone has signed a definitive agreement to acquire Shermco, a provider of full life-cycle electrical equipment services, from Gryphon Investors in a deal valued at approximately $1.6 billion. Founded in...
X-energy, Amazon, Korea Hydro & Nuclear Power (KHNP), and Doosan Enerbility have signed a strategic agreement to accelerate deployment of X-energy’s Xe-100 advanced small modular reactors (SMRs) in the United...
Frontier has signed a $31.3 million offtake agreement with Planetary to expand ocean alkalinity enhancement (OAE) as a large-scale carbon removal solution. Under the deal, Planetary will deliver 115,211 tons...
BYD, once a battery supplier in Shenzhen, now stands at the centre of the global electric vehicle race. In 2024, it overtook Tesla in worldwide EV sales, a symbolic changing...
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...
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