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...
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...
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...
Energy Transition Infrastructure: A Growing Investment Opportunity Since 2014, energy transition infrastructure has attracted $892 billion in capital commitments. Nearly a quarter of these funds have flowed into specialist funds,...
The CDP‘s latest report, Nurturing Nature: De-risking Nature-based Finance in Asia, explores the pressing need for increased private-sector participation in nature-based financing. As biodiversity loss and climate challenges threaten up...