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Indonesia’s Energy and Mineral Resources Minister Bahlil Lahadalia signed a decree allocating 15.6 million kilolitres (KL) of biodiesel for 2025, increasing the biodiesel blend to 40% (B40) by February. “The...
Fervo Energy, a pioneer in next-generation geothermal energy, announced $255 million in new funding to accelerate the deployment of its enhanced geothermal systems (EGS) projects. The funding includes $135 million...
The Johannesburg Stock Exchange (JSE) is revamping its Sustainability Disclosure Guidance to reflect the finalized IFRS S1 and IFRS S2 standards issued by the International Sustainability Standards Board (ISSB) and...
U.S. Banks Leave NZBA Amid Political U.S. Banks Leave NZBA Under Political and Legal Pressure Morgan Stanley, Citi, and Bank of America have joined Wells Fargo and Goldman Sachs in...
Norway’s Electric Milestone In 2024, 89% of new cars sold in Norway were fully electric, marking a significant leap from 82% in 2023, according to data from the Norwegian Road...
Financial Close for Empire Wind 1 Equinor has secured over $3 billion in project financing for Empire Wind 1, with financial close reached in December 2024. The project’s total capital...
JPX’s ESG Tool Launch Japan Exchange Group, Inc. (JPX) and JPX Market Innovation & Research, Inc. have introduced the “JPX Sustainability Information Search Tool (Beta Version)” to enhance sustainability-related disclosures...
Portugal’s Renewable Energy Milestone Portugal’s renewable energy generation hit a record 71% in 2024, marking a significant leap from 61% in 2023, according to grid operator REN. REN stated, “This...
Qatar’s Sustainable Finance Surge In 2024, Qatar set a regional benchmark by issuing $2.5B in green bonds to fund environmentally friendly projects, marking a new era for sustainable finance. Invest...
Japan’s Carbon-Neutral Drive Japan’s Prime Minister Shigeru Ishiba unveiled the “GX 2040 Vision” at the Yomiuri International Economic Society event, outlining a transformative industrial policy rooted in ESG principles. “Carbon...
JSW Energy, led by billionaire Sajjan Jindal, has announced a $1.47 billion acquisition through its JSW Neo Energy unit to buy renewable energy platform O2 Power’s subsidiaries. This significant deal...
Poland’s state development fund, PFR SA, is positioning itself as a key player in the country’s energy transition by becoming an anchor investor in green bond sales. This move is...
Meta, the World Resources Institute (WRI), and Land & Carbon Lab have unveiled the first global AI-powered map of tree canopy height at 1-meter resolution. This groundbreaking tool enables detection...
Morgan Stanley Infrastructure Partners (MSIP), part of Morgan Stanley Investment Management, has announced the sale of its 50% ownership stake in Höegh Evi Ltd. to funds managed by Igneo Infrastructure...
Executives worldwide are doubling down on sustainability commitments, with 85% planning to disclose climate-related data regardless of political or regulatory shifts, according to a recent Workiva survey of 1,600 global...
Ed Miliband’s ambitious drive to make Britain Net Zero by 2029 comes with a hefty £37.4 billion price tag, according to an audit by The Mail on Sunday. The allocation...
In the festive spirit, I’m channeling Charles Dickens, the man who gave us A Christmas Carol and popularized the holiday season. Another of his classics, A Tale of Two Cities,...
Emirati investment firm Kazar is investing $2.5 billion to build a hybrid renewable energy station in Egypt’s Zafarana region. The project, a collaboration with the Egyptian government, will deliver a...
Vietnam has enacted a new Electricity Law, effective February 1, 2025, to modernize its energy sector and create a robust framework for renewable energy development. The amended law addresses longstanding...
Abu Dhabi has introduced MARSDNA, a groundbreaking tool designed to advance Environmental, Social, and Governance (ESG) goals in the maritime sector. Developed by Maqta Technologies Group, this free, user-friendly digital...
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