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Category: Climate Finance
A global commodities trading powerhouse is moving deeper into long-duration climate infrastructure across Africa, with a woodland restoration platform targeting at least $1 billion in lifetime investment and positioning carbon...
The UK has awarded £181,000 in government funding (about $225,000) to four sustainable aviation fuel innovators to accelerate testing, certification and commercialisation of next-generation fuels. The awards, issued through the...
• European Commission approves a 3.1 billion euro ($3.4 billion) Spanish aid program for high efficiency CHP plants• Ten-year scheme ties natural gas to renewable hydrogen readiness and biomass based...
Zanskar, an emerging leader in AI-enabled geothermal exploration, has raised $115 million in Series C funding to accelerate development of a multi gigawatt geothermal pipeline and begin constructing power plants...
London Rolls Out National Home Upgrade Strategy The UK government has unveiled a fifteen billion pound Warm Homes Plan that aims to retrofit millions of homes with insulation, solar panels,...
• Total committed capital now $460 million toward a $500 million target for Asia focused climate investments• Blended finance structure mobilizes private capital into renewable energy, battery storage, efficiency and...
Italy’s public lighting infrastructure is moving into the capital markets era. UniCredit closed a €73 million green project financing for Teike, the country’s third largest independent pure play in public...
UAE climate investment platform ALTERRA and Spanish lender BBVA are preparing to launch a $1.2 billion co investment vehicle that will back climate aligned assets across global markets. The new...
• Zambia and Zimbabwe will each contribute $220M to shore up the bankability of the $4.2B Batoka Gorge hydropower project• The 2,400 MW plant would provide 1,200 MW to each...
• Joint venture targets 3.1 gigawatts of new offshore wind capacity for the United Kingdom, enough to power roughly three million homes.• Total capital outlay for the two Norfolk Vanguard...
Emirates NBD launched its first blue green bond with a $1 billion dual tranche issuance that drew strong interest from international investors and added a new regional scale to marine...
• $100 million Series C financing led by Decarbonization Partners, a joint venture of BlackRock and Temasek• Investment pushes osapiens to unicorn status, building on Goldman Sachs Alternatives and Armira...
Sustainable fuels technology company Aether Fuels has raised $15 million in convertible note financing to accelerate development of its first commercial scale sustainable aviation fuel facility, a project that puts...
Financing Breakthrough for First Italian Solar Assets Zelestra closed financial signing for its first Italian renewables projects, a 6.5 MWdc solar plant in Ginosa in Puglia and a 9.5 MWdc...
Egypt signed a combined USD 1.8 billion in renewable energy agreements with Norway’s Scatec and China’s Sungrow, a package officials described as central to efforts to expand domestic clean power...
Equitable Earth has secured EUR 12.6 million to expand globally as demand intensifies for trusted, high-integrity nature-based carbon credits. The round was led by a United States family office with...
Cairo Moves to Lock In Long Term Climate Finance Cairo has stepped up its climate finance agenda with the mobilization of €688 million through the Global Green Bond Initiative, reinforcing...
Octopus Energy Group has confirmed plans to spin out its A -powered utility technology business, Kraken, alongside a $1 billion standalone funding round that values the platform at $8.65 billion....
• Alphabet will acquire Intersect for $4.75 billion in cash plus assumed debt, securing long-term clean power capacity for AI driven data centre growth across the US.• Intersect controls a...
Tokyo is preparing to redirect industrial investment toward clean electricity at scale. The Japanese government plans to allocate 210 billion yen, equivalent to $1.34 billion, in subsidies to support companies...
Beko, one of Europe’s largest home appliance manufacturers, has secured a €100 million, approximately $108 million, sustainability linked loan from the International Finance Corporation to accelerate investment in energy efficiency,...
ClimeFi carbon removal procurement round expands market depth The latest ClimeFi carbon removal procurement round has enabled more than $18 million in purchases of durable carbon removal, securing offtake commitments...
SSEN Transmission has secured a £1bn ($1.27bn), 12 year syndicated bank facility backed by an £800m financial guarantee from the UK Government’s National Wealth Fund, marking one of the most...
A coalition of corporate climate buyers led by Frontier has agreed to invest $44.2 million in a carbon dioxide removal agreement with Canadian firm NULIFE GreenTech, targeting the removal of...
• Masdar has begun commercial operations at a 20MW battery storage facility in Stockport, marking the first completed project under its £1 billion ($1.27 Billion) UK battery investment.• Two additional...
• HASI and KKR commit an additional $1 billion to CarbonCount Holdings 1, lifting total investment capacity toward $5 billion with leverage.• Capital targets long-dated US clean energy and sustainable...
• Fervo closes a USD 462 million oversubscribed Series E to accelerate Cape Station, expected to become the world’s largest next generation geothermal project.• The financing arrives as US power...
• Global Infrastructure Partners, part of BlackRock, will invest up to USD 335 million in Aditya Birla Renewables Limited for a minority stake, valuing the platform at roughly USD 1.64...
• Eiffel Energy Transition III reaches USD 1.40 billion, targeting up to USD 3 billion in cumulative deployment through recycling capacity.• More than 30 institutional investors back the fund, reinforcing...
• €5.2bn in EU ETS revenues channelled into three new 2025 Innovation Fund programmes• €2.9bn for net-zero technologies, €1.3bn for clean hydrogen auctions, €1bn for industrial process heat• Additional €1.765bn...
• BoE finalises strengthened climate risk expectations for banks and insurers, replacing 2019 rules.• New policy requires stronger board accountability, better scenario use, and improved data quality.• Firms must review...
• Iberdrola’s UK subsidiary ScottishPower approved to invest €14B in new transmission infrastructure through 2031.• Largest grid investment in Iberdrola’s history; supports Clean Power 2030 Plan and triples spending from...
• UAE commits $1 billion to restore and modernise Yemen’s power sector through solar, wind and grid projects.• Portfolio to be delivered by Abu Dhabi’s Global South Utilities, expanding generation...
• Serentica plans to raise $6–8 billion over five years to expand its clean energy portfolio to 17 GW by 2029/30.• India’s pipeline includes 3–5 GW of operating and under-construction...
• Just Climate raises $375 million from global institutional investors to scale natural climate solutions across land, water and waste sectors.• The strategy makes a new investment in India’s AgroStar...
• Frontier buyers will pay $41 million for 96,000 tons of carbon removals from 2027–2030.• Reverion’s system removes CO2 from both methane and biogenic CO2, doubling removal compared to conventional...
• New white paper sets the foundation for a forthcoming Adaptation for Resilience (mARs) Guide supporting Environmental Objective 2 of the ASEAN Taxonomy.• Adaptation finance in developing countries faces a...
• EUR 250 million ($288 million)in InvestEU-backed guarantees will unlock working capital for early-stage European cleantech manufacturers.• Partnership targets companies advancing decarbonisation, circular economy solutions, bioeconomy development and pollution control.•...
• First CFM project in Latin America reaches commercial operation, supplying clean power to 32,600 people.• EU-backed blended finance secures development capital for Pradera, set to become Colombia’s largest solar-plus-storage...
• Next Hydrogen plans to raise USD 14.5–21.7 million (CAD 20–30 million) through a non-brokered equity private placement led by Smoothwater Capital.• The financing aims to move the Canadian electrolyzer...
• DHL to deploy around EUR 1 billion ($1.16 billion) by 2030 to scale low-emission logistics infrastructure and EV-driven operations in India.• Investment accelerates India’s role as a global sustainability...
• Up to US$1 billion in development finance over three years directed to water, sanitation, transport, and urban resilience• Funding aligned with Azerbaijan 2030 national priorities and the Country Partnership...
• €300 million green loan will expand and automate Bahia’s power network, serving more than six million people.• The investment aligns with Brazil’s decarbonisation and energy-efficiency goals through 2030 and...
• FedEx co-leads a 160 million dollar Series C and places an initial order for 53 electric trucks.• Funding accelerates US-based manufacturing of purpose-built medium-duty EVs for logistics and RV...
• A2A raises total investments for 2024–2035 to €23 billion (US $27 billion), with €16 billion for the energy transition and €7 billion for the circular economy.• The plan forecasts...
• AIIB to fund USD1 billion climate policy loan aligned with Brazil’s Ecological Transformation Plan.• Financing targets sustainable finance reforms, energy transition, and green infrastructure.• Initiative supports Brazil’s carbon market...
• ClimeCo and Covestro surpass 10 million verified carbon credits through nitrous oxide abatement in Texas.• Equivalent to removing 2.3 million gas-powered cars from the road for one year.• One...
The global banking group HSBC Holdings plc has published an updated Net Zero Transition Plan (NZTP), reaffirming its objective to become a net zero bank by 2050. Yet the move...
Riyadh launch and strategic scale At FII 9 in Riyadh, ACWA Power unveiled a series of interconnected agreements spanning financing, renewable-energy development, storage and water infrastructure. The timing and scale...
• $6.5 billion investment for a 50% stake in the world’s largest offshore wind project• Project to deliver 2.9 GW of renewable power, enough for over 3 million UK homes•...
Long-Term Climate Credit for High-Risk Economies Climate Fund Managers (CFM), MUFG Bank, FinDev Canada, and the Green Climate Fund (GCF) have achieved a $600 million first close for the GAIA...
Financing Europe’s energy transition Uniper has published its inaugural Green Finance Framework, setting a structured basis for raising capital to fund its transformation from a conventional power generator to a...
Japan Tests Marine Hydrogen Engine on Land Japan’s drive to decarbonize global shipping has taken a decisive step forward with the world’s first land-based operation of marine hydrogen engines. The...
Washington Backs Major Nuclear Revival The United States government has entered into an $80 billion partnership with Brookfield Asset Management and Cameco Corporation—the Canadian co-owners of Westinghouse Electric Company—to build...
• $350 million Series E round led by Eclipse, joined by NVentures and new strategic investors.• Funding will scale Redwood’s integrated materials and grid storage operations in the U.S.• Targets...
• Mozambique receives its third consecutive drought insurance payout under AfDB’s ADRiFi programme, covering the 2025–2026 agricultural season.• The Africa Disaster Risk Financing Programme (ADRiFi) has now mobilized over $150...
• Malaysian pension fund KWAP launches Dana Iklim+, a 2 billion ringgit ($475 million) climate-focused investment fund.• Targets multi-asset climate solutions spanning infrastructure, private equity, real estate, and nature-based projects.•...
• Stegra (formerly H2 Green Steel) seeks up to €975 million ($1.1 billion) in new financing to complete its Boden, Sweden, green-steel project.• The new capital will cover higher project...
• Climate Investor Two surpasses $1 billion target to become the largest adaptation infrastructure fund in emerging markets.• Backed by $190 million in new commitments and a €205 million EU...
Austin startup aims to decentralize the grid Base Power, a fast-growing energy technology company based in Austin, has raised $1 billion in Series C funding to accelerate the rollout of...
• Brookfield Global Transition Fund II closes at $20 billion, the largest private climate transition fund to date.• Additional $3.5 billion in co-investment brings total raised to $23.5 billion.• Over...
• Iberdrola leads €1 million financing round in Spain’s TRIBBU via its PERSEO innovation program.• The carpooling app aims to reach 15 million shared trips by 2027, cutting over 60...
• British International Investment’s (BII) $60 million investment supports the $510 million Green Investment Partnership (GIP) under Singapore’s FAST-P framework.• The initiative aims to close Southeast Asia’s $210 billion annual...
• £27 million ($34 million) green loan backs HyMarnham Power, the first UK hydrogen facility under the Hydrogen Allocation Round 1 (HAR1) to reach commercial operation.• EIFO issues its first...
• $7 billion funding package extends Germany’s climate protection contracts to include carbon capture and storage (CCS) for the first time.• Targets heavy industries — chemicals, steel, cement, and glass...
• $2 billion in new sustainable loans issued across EVs, farming, and real estate• Part of NAB’s $80 billion environmental financing goal through FY2030• Surge in SME adoption of green...
Masdar has completed the €368 million ($392 million) acquisition of a near-50% stake in a portfolio of four solar photovoltaic plants in Spain, strengthening its position in one of Europe’s...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
Cyprus Decision Marks Next Phase Meeting in Europe’s most water-scarce country, the European Investment Bank (EIB) Group’s Board has adopted the second phase of its Climate Bank Roadmap, committing to...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...
Oxford spin-out attracts global capital OXCCU, a University of Oxford spin-out developing sustainable aviation fuel from waste carbon, has raised $28 million in an oversubscribed Series B round. The financing...
Amsterdam bets on flexible carbon capture Dutch climate tech company Brineworks has raised €6.8 million (US $7.3 million) in fresh funding to advance a new form of Direct Air Capture...
Microsoft Backs Cement Decarbonization Microsoft has taken another step to decarbonize its global operations, announcing an investment through its Climate Innovation Fund in Fortera, a U.S.-based developer of low-carbon cement....
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,...
San Francisco Nonprofit Targets Bottleneck in Carbon Markets Cool Effect, a Bay Area nonprofit focused on advancing high-quality carbon projects, has launched a $1 million award designed to help promising...
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...
Venture capital firm VoLo Earth Ventures has closed its second fund at $135 million, expanding its backing for early-stage climate technologies despite a subdued fundraising landscape for both venture and...
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...
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...
Rome advances utility-scale renewables Enfinity Global has closed €316 million ($341 million) in financing to build eight utility-scale solar plants across Emilia Romagna, Basilicata, and Lazio. With a combined capacity...
Iberdrola España has begun commissioning its Ciudad Rodrigo photovoltaic plant, its second solar facility in Salamanca and one of the largest in Castilla y León. The 316 MW project, developed...
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...
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...
Panasonic has officially opened its expanded and modernized heat pump factory in Pilsen, Czech Republic, following a €320 million ($348 million) investment that will transform the site into one of...
Mondi SCP is investing €120 million ($129 million) to build a new biomass power plant at its integrated pulp and paper mill in Ružomberok, Slovakia. Supported by the European Union’s...
Dutch financial services group Aegon has launched the Aegon Investment Grade Climate Transition Fund, aiming to deliver resilient returns while backing the global shift toward a low-carbon economy. The strategy...
Crédit Agricole CIB has joined a €325 million (US $355 million) senior debt financing package to support Zenobē’s rapid expansion across continental Europe. The UK-headquartered battery storage and e-mobility specialist...
Macquarie Asset Management (MAM) has secured $405 million for Vertelo, its India-based fleet electrification platform, marking its largest EV investment in Asia to date. The raise combines $205 million from...
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...
Allectrify has launched FASTPACE.com, a tech-enabled platform designed to simplify and accelerate access to Commercial Property Assessed Clean Energy (C-PACE) financing nationwide. The platform is the first of its kind...
Marsh has placed a carbon credit insurance policy for Chestnut Carbon, a New York-based developer of nature-based carbon removal projects, helping secure a landmark $210 million non-recourse project finance facility...
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...
Masdar has detailed how it deployed more than US$1.685 billion from its 2023 and 2024 green bond issuances into clean energy projects worldwide, according to its newly released 2024 Green...
Achmea Investment Management has launched the Achmea IM PE Partnership Fund – Healthy People & Planet 2025, a private equity impact fund aimed at delivering both competitive returns and measurable...
Macquarie Asset Management, through its managed funds, has provided €51 million in second lien financing to an onshore wind platform in Finland. The portfolio comprises eight operational wind farms with...
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...
Arevon Energy has completed the commissioning of its Eland Solar-plus-Storage complex in Kern County, California, marking one of the state’s largest clean energy developments. The facility, representing more than $2...
Energy Vault Holdings, Inc. has entered into an exclusivity agreement for a $300 million preferred equity investment to launch Asset Vault, a wholly owned subsidiary that will develop, own, and...
Fortescue has secured a landmark 14.2 billion yuan ($1.98 billion) loan to accelerate its decarbonisation strategy, just weeks after cancelling green hydrogen projects in the U.S. and Australia. The five-year...
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