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...
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...
Climate solutions provider Watershed has launched the Cornerstone initiative in partnership with Stanford University’s Stanford Sustainable Solutions Lab to preserve and expand access to critical sustainability datasets. These datasets underpin...
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...
DHL Supply Chain has launched a pilot program in Japan deploying hydrogen-powered fuel cell (FC) trucks, marking a milestone in its push toward decarbonized logistics. The initiative is part of...
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...
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...
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...
Emerge, the joint venture between Masdar and EDF Group, has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to accelerate the development and financing of distributed solar...
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...
BeZero Carbon has been appointed by the Swiss Federal Office for the Environment (FOEN) to deliver independent risk assessments for carbon credits authorised under Article 6.2 of the Paris Agreement....
Speeki is advancing its ESG platform by integrating agentic AI into Nicole®, its digital sustainability assistant, marking a shift from passive AI support to autonomous, task-oriented functionality. Agentic AI represents...
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...
In 2021, the Financial Conduct Authority (FCA) finalized climate disclosure rules for asset managers, life insurers, and FCA-regulated pension providers, requiring firms to report in line with the Taskforce on...
Chooose has signed an agreement with the International Air Transport Association (IATA) to integrate IATA CO2 Connect data into its platform, expanding global access to flight-specific carbon emissions information. The...
JERA and bp have officially launched their 50:50 joint venture, JERA Nex bp, marking a significant step in scaling global offshore wind development. The newly formed company enters the market...