Category: News
Paris: A Decisive Step in France’s Energy Transition The French government has selected TotalEnergies, in partnership with RWE, to develop and operate the “Centre Manche 2” offshore wind project, the...
Global Push from Climate Week NYC Schneider Electric used Climate Week NYC to announce a major expansion of its global supply chain decarbonization programs, doubling down on its strategy to...
Singapore turns to global carbon markets The Singapore government will purchase 2.175 million tonnes of nature-based carbon credits from projects in Ghana, Peru, and Paraguay, marking one of its largest...
Fusion Moves Closer to Market Italian energy major Eni has agreed to purchase more than $1 billion worth of electricity from Commonwealth Fusion Systems’ (CFS) first commercial-scale fusion power plant,...
A New Approach to Food Waste IKEA U.S. has launched a food waste pilot program that takes a direct aim at one of retail’s most stubborn environmental challenges: organic waste....
Papenburg project moves forward Mercedes-Benz AG and UKA Group have received clearance to begin construction of a 140-megawatt wind farm on the automaker’s 800-hectare test track in northern Germany. Scheduled...
McDonald’s Expands Investment in U.S. Grasslands McDonald’s USA has launched its most ambitious regenerative agriculture initiative to date, pledging more than $200 million over seven years to restore grasslands, conserve...
Macquarie Finalizes $3B Green Energy Transition Fund with Global Investor Backing Macquarie Asset Management has reached final close on its Green Energy Transition Solutions (MGETS) Fund, securing over $3 billion...
Schneider Electric has entered its first major high-durability carbon removal deal, signing a multi-year agreement with Swiss-based Climeworks to remove 31,000 tons of carbon dioxide by 2039. The contract is...
Australia has raised its climate ambition, committing to cut emissions by 62–70% by 2035 compared with 2005 levels, a significant step up from its previous target of 43% by 2030....
Microsoft has signed a $6.2 billion agreement with AI hyperscaler Nscale and Norwegian industrial investment company Aker to secure AI computing capacity entirely powered by renewable energy. The deal, spanning...
Galvanize, a global asset manager focused on decarbonization, has launched a new Credit and Capital Solutions strategy, anchored by a $1.3 billion investment program. The initiative aims to provide flexible...
A New Front in Carbon and Methane Management Google is expanding its climate strategy with a partnership aimed at tackling two of the atmosphere’s most persistent problems: carbon dioxide removal...
A Global First in Singapore The city-state has become the first government worldwide to roll out a national plastic passport program, powered by Nasdaq-listed SMX technology and its research partner...
A push from Washington for biogas recognition A coalition of biogas and renewable gas advocates is pressing for immediate changes to the Greenhouse Gas Protocol (GHG Protocol), the world’s most...
Sydney leads with new financing model for renewables Akaysha Energy has secured a A$300 million ($196 million) corporate debt facility to accelerate the rollout of large-scale battery energy storage systems...
Expanding Nature-Based Finance in the US Silvania, the global nature capital investment platform, has entered a strategic partnership with Alder Point Capital Management to accelerate sustainable investment in US timberland...
Rising Influence of Family Offices in ESG The latest survey from the Sustainable Finance Initiative (SFI) indicates a profound shift in global capital allocation, with 90% of family offices now...
Highlights Sphera, the Chicago-based sustainability and operational risk management software firm, has secured a new round of growth capital from Neuberger Berman Capital Solutions, adding a second major institutional backer...
Ghana and Singapore are strengthening their cooperation on sustainable development and agribusiness following bilateral talks in Singapore. The two countries confirmed they will deepen collaboration across carbon markets, modern agriculture,...
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...
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...
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...
J.P. Morgan has arranged a $210 million credit facility for U.S.-based Chestnut Carbon, signaling a major step forward in financing nature-based carbon removal projects at scale. The deal, underpinned by...
Marking International Youth Day, the European Parliament’s Youth Survey 2024 reveals young Europeans prioritise affordability and climate action — offering a roadmap for EU policy, investment, and ESG strategy. The...
Ford is committing $5 billion to launch a next-generation electric vehicle platform, overhaul its manufacturing process, and produce prismatic LFP batteries in the U.S., marking one of the automaker’s largest...
Gentari and Amazon Web Services (AWS) have signed a Power Purchase Agreement (PPA) for an 80MW wind power project in Tamil Nadu, India, marking a significant milestone in their clean...
Occidental is preparing to launch operations at its Stratos direct air capture (DAC) hub in Ector County, Texas, by the end of 2025. CEO Vicky Hollub confirmed during the company’s...
British Columbia has outlined its updated approach to developing, reviewing, and maintaining greenhouse gas offset protocols under its Offset Protocol Policy (OPP), aiming to enhance transparency and diversify projects that...
The European Banking Authority (EBA) has issued a no-action letter addressing the application of ESG Pillar 3 disclosure requirements under its Implementing Technical Standards (ITS). The move aims to ease...
Climate finance and technology innovation drove this week’s ESG headlines. China overhauled its green taxonomy to boost transition funding, Germany approved a bill to fast-track carbon storage, and the EU...
Companies that proactively act on environmental risks and opportunities are now seeing substantial financial rewards, according to a new report from CDP. Drawing on data from nearly 25,000 corporate disclosures...
Standard Chartered has announced a landmark agreement with the Brazilian State of Acre to bring high-integrity forest protection carbon credits to market over the next five years. The partnership is...
Carbon Compared has launched a free, online carbon credit comparison website aimed at helping companies identify and purchase high‑integrity carbon credits with confidence. Launched last month, the platform enables users...
Prometheus Fuels has announced a major cost breakthrough in carbon capture, reducing the price of Direct Air Capture (DAC) to under $50 per ton—more than 80% below the industry average...
Amazon and Brimstone have announced promising results from initial tests of Brimstone’s lower-carbon Ordinary Portland Cement (OPC), designed for use in concrete construction. The tests, created in collaboration with Amazon’s...
IBM Research and Nestlé R&D have partnered to leverage artificial intelligence and deep tech to accelerate the discovery of sustainable packaging solutions. The collaboration has produced a generative AI tool...
ISS Sustainability Solutions, the sustainable investment business of ISS STOXX, announced the acquisition of Sust Global, a provider of geospatial risk modeling and analytics used by institutional investors, insurance companies,...
Meta is piloting mass timber to reduce the embodied carbon of new data center construction as part of its strategy to achieve net zero emissions across its value chain by...
Iberdrola España and Burger King have expanded their long-term power purchase agreement (PPA) with an additional 34 MW of photovoltaic (PV) capacity. The PPA now totals 109 MW, designed to...
The European Commission has launched a public consultation and Call for Evidence to inform the development of its forthcoming Circular Economy Act, aiming to accelerate the EU’s shift away from...
Schneider Electric has signed a long-term framework agreement with E.ON, one of Europe’s largest energy companies, to accelerate the deployment of SF₆-free medium-voltage switchgear across E.ON’s network. The deal marks...
Lloyds Bank has launched a Voluntary Carbon and Nature Markets (VCNM) practice within its Business and Commercial Banking unit, marking a strategic step to help clients navigate the growing complexity...
EFRAG has released revised and simplified Exposure Drafts of the European Sustainability Reporting Standards (ESRS), launching a 60-day public consultation to gather feedback from stakeholders across the EU corporate reporting...
BBVA has channeled approximately €63 billion into sustainable business during the first half of 2025 — a 48% increase compared to the same period last year. The second quarter alone...
AXA Investment Managers (AXA IM) has secured the UK Financial Conduct Authority’s (FCA) ‘Sustainability Impact’ label for its AXA Green Short Duration Bond Fund, under the new Sustainability Disclosure Requirements...
Google will invest $6 billion to develop a massive 1-gigawatt (GW) data centre and renewable energy infrastructure in the Indian state of Andhra Pradesh, according to government officials. The facility,...
Deutsche Bank has appointed Esra Turk as its first-ever Global Head of Sustainable Finance, a new position created to expand and lead the bank’s sustainable finance activities across markets. Turk...
The European Commission has introduced a new voluntary sustainability reporting standard aimed at small and medium-sized enterprises (SMEs), providing a simplified framework to meet growing information demands from financial institutions...
Boomitra, the Earthshot Prize-winning carbon removal company, has launched its first Biomass Carbon Removal and Storage (BiCRS) initiative in Botswana, marking an expansion beyond its leading soil carbon work. The...
Nippon Steel has signed a cooperation memorandum with Denmark’s Vestas Wind Systems to supply steel for wind towers across Europe, Asia, and Japan, Japan’s Ministry of Economy, Trade and Industry...
CRH has signed a definitive agreement to acquire Eco Material Technologies for $2.1 billion, reinforcing its leadership in North America’s cementitious materials sector. The business will continue to operate as...
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