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Category: Climate Finance
• 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...
Swiss banking giant UBS has withdrawn from the Net-Zero Banking Alliance (NZBA), becoming the latest in a string of high-profile exits from the global climate finance initiative. The move comes...
China has updated its green taxonomy in a bid to accelerate its net-zero transition, reduce market fragmentation, and lower compliance costs for financial institutions. The new Catalogue of Green Finance...
Mars, Incorporated—one of the world’s top five peanut buyers, purchasing over 300 million pounds each year for brands including its billion-dollar portfolio—announced the Mars Protect the Peanut Plan, its first...
Enbridge Inc. is accelerating its infrastructure investments with the launch of projects worth approximately $2 billion, designed to meet rising power demand from data centers, the industrial sector, and LNG...
Governor Kathy Hochul has announced the availability of more than $21 million through New York’s Clean Mobility Program to fund scalable, zero-emission transportation projects. The initiative supports community-led demonstration projects...
Barclays reported £500 million ($666 million) in revenue from sustainable and low-carbon transition finance in 2024, as it strengthens client partnerships and climate planning efforts across industries. The bank reaffirmed...
Ares Management Corporation and Savion Equity, LLC—a subsidiary of Shell plc—have established a joint venture, Tango Holdings, LLC, to advance solar energy development and management in the United States. Tango...
Mobilizing $1.3 trillion in annual climate finance by 2035 is no longer aspirational—it’s essential. The Net-Zero Asset Owner Alliance (NZAOA), a coalition of 86 institutional investors with $9.2 trillion in...
Global investment firm KKR has announced a A$500 million (US $335 million) strategic investment in CleanPeak Energy, marking the launch of a new distributed energy platform in Australia and KKR’s...
Treaty Oak Clean Energy, a US-based independent power producer, has closed a $300 million senior secured corporate credit facility to support the rapid expansion of its 17.3 GW renewable energy...
In a move that could signal a shift in global climate finance, China has reaffirmed its intention to invest in the Brazil-led Tropical Forests Forever Facility (TFFF)—a multilateral fund aimed...
Australia’s Clean Energy Finance Corporation (CEFC) has announced a record A$3.5 billion ($2.29 billion) investment in renewable energy and grid infrastructure for the 2024–25 financial year—more than double its funding...
NatWest Group has significantly expanded its climate strategy, announcing plans to provide £200 billion in climate and transition finance from July 2025 through 2030. This move reflects its intent to...
Kimberly-Clark, the company behind household staples Andrex® and Kleenex®, is investing over £125 million (US$168.9 million) in green hydrogen infrastructure to decarbonize its UK manufacturing operations. In partnership with Carlton...
• Jupiter Intelligence’s New platform enhancements calculate ROI on adaptation strategies• Trusted by 25% of the world’s largest financial institutions• Enables entity-level modeling, regulatory compliance, and portfolio planning Jupiter Sets...
Brussels – ESG News: The European Commission has launched a ‘Roadmap towards Nature Credits’ to attract private investment into biodiversity restoration and ecosystem preservation, rewarding businesses, landowners, and communities that...
The Green Climate Fund (GCF) Board has approved a historic $1.225 billion in funding at its 42nd meeting, marking the largest amount ever allocated during a single session. The funds...
re.green, a Brazilian ecological restoration firm, has secured R$ 80 million in funding from BNDES’s Climate Fund in a first-of-its-kind deal that combines financial innovation with environmental leadership. This marks...
Governor Kathy Hochul has unveiled a historic $1 billion Sustainable Future Program as part of New York’s FY 2026 Enacted Budget, advancing the state’s most ambitious environmental and agricultural agenda...
Multilateral Development Banks (MDBs) are advancing efforts to scale up urban climate finance, signaling increased commitment to cities on the frontlines of the climate crisis. At the roundtable “Scaling Sustainable...
British International Investment (BII) and Boston Consulting Group (BCG) have launched a new framework designed to make blended finance funds significantly more attractive to private investors, unlocking billions in capital...
XPRIZE Awards Largest Climate Incentive in History XPRIZE has announced the winners of its $100 million Carbon Removal competition, a four-year global challenge backed by Elon Musk and the Musk...
Fidelity International has raised an additional €110 million ($119 million) for its Real Estate Logistics Impact Climate Solutions (LOGICs) fund, bringing the total raised since March 2024 to over €310...
Berlin’s CleanTech innovator, C1 Green Chemicals AG, has closed a €20 million financing round to advance its green methanol technology to market—marking a significant milestone in the race to defossilise...
Key Takeaways Germany’s Major Climate Investment Move Germany’s parliament has approved a €500 billion infrastructure and defense fund, with €100 billion allocated to climate and energy transition projects. This funding...
Just Climate, a specialist investment firm targeting high-impact climate solutions, announced strategic partnerships with California State Teachers’ Retirement System (CalSTRS) and Microsoft’s Climate Innovation Fund to boost investment in natural...
Thailand’s National Competitiveness Enhancement Commission approved China’s Sunwoda Electronic to invest over US$1 billion in manufacturing electric vehicle (EV) battery cells and energy storage systems (ESS), significantly boosting Thailand’s EV...
The Global Innovation Lab for Climate Finance (the Lab) has unveiled its 2025 cohort, selecting nine new financial mechanisms designed to stimulate private investment for sustainable growth in emerging markets....
Aligned Climate Capital closed its second venture fund, Aligned Climate Fund 2 LP, at $85 million, marking nearly a 200% increase compared to its inaugural fund. This milestone aligns with...
NextEnergy Capital’s NextPower UK ESG (NPUK), the largest dedicated private fund for new-build solar in the UK, has successfully closed fundraising at £733 million—almost 50% above its original target. NPUK...
India’s Tata Power Renewable Energy Ltd (TPREL) is exploring a significant renewable energy investment, aiming to develop 7 gigawatts (GW) of green energy capacity in Andhra Pradesh, potentially investing approximately...
Nestlé and Mars have partnered with New Zealand-based dairy cooperative Fonterra to fund new initiatives aimed at reducing the climate footprint of dairy farming. Dairy is the largest source of...
COP29, held in Baku, Azerbaijan, concluded after intense negotiations. While the summit delivered key agreements, divisions and frustrations underscored the challenges of addressing the global climate crisis. Here’s a comprehensive...
A contested proposal The Azerbaijani presidency at COP29 revealed a draft plan urging wealthy nations to lead a $250 billion annual financing initiative by 2035. This figure, termed the “new...
The Inter-American Development Bank (IDB) and its private sector arm, IDB Invest, are accelerating their climate and environmental sustainability efforts across Latin America and the Caribbean. By 2030, they plan...
At COP29 in Azerbaijan, a significant early pledge emerged as major development banks, including the World Bank, committed to raising climate finance to $120 billion annually by 2030. This figure...
Cape Town, South Africa, served as the vibrant backdrop for the 2024 Earthshot Prize, where five remarkable winners were announced at a star-studded event hosted by Billy Porter and Bonang...
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