The Climate Investment Funds (CIF) board has approved a $37 million investment plan to protect Ethiopia’s rural communities from climate-related shocks and safeguard its carbon-rich forests. With $492 million in...
Schneider Electric, a leader in digital energy management, has announced a suite of AI-ready data center solutions to tackle the dual challenges of energy consumption and sustainability in AI infrastructure....
A recent survey conducted by the Morgan Stanley Institute for Sustainable Investing reveals that the majority of institutional investors anticipate significant growth in sustainable assets over the next two years....
Mirova, a sustainability-focused investment manager under Natixis Investment Management, has launched an integrated real assets platform combining its Energy Transition Infrastructure, Natural Capital, and Private Equity businesses. The platform, effective...
ConnectDER, a leader in home energy technology, has raised $35 million in Series D funding to advance its electrification solutions. The funding, led by Decarbonization Partners—a joint venture of BlackRock...
The European Commission has launched €4.6 billion in funding under the Innovation Fund to accelerate decarbonization and enhance Europe’s green technologies. These initiatives are critical for meeting climate neutrality goals...
The 16th Conference of the Parties (COP16) to the UN Convention to Combat Desertification (UNCCD), held for the first time in Riyadh, brought in $12 billion in pledges to address...
The European Union has agreed to delay the enforcement of its deforestation regulation by 12 months, moving the application date to December 30, 2025. This decision aims to provide additional...
The European Bank for Reconstruction and Development (EBRD) has appointed Harry Boyd-Carpenter as Managing Director of its Sustainable Infrastructure Group (SIG), a key division covering municipal infrastructure, transport, and energy....
Aramco, TotalEnergies, and the Saudi Investment Recycling Company (SIRC) have joined forces to evaluate the development of a sustainable aviation fuels (SAF) plant in Saudi Arabia’s Eastern Province. The initiative...
The Biden administration has reached a significant milestone by awarding more than $100 billion in grants from the Inflation Reduction Act (IRA), President Joe Biden’s signature climate legislation. This achievement...
Qatar has pledged £1 billion ($1.3 billion) to bolster the UK’s climate technology sector, with a focus on fostering innovation and supporting the energy transition. Rolls-Royce, a key player in...
Key Impact Points: As sustainability rises to the forefront of corporate responsibility, businesses are grappling with the challenge of measuring and reporting greenhouse gas (GHG) emissions. Speeki’s new AI-powered tool,...
Vancouver, Canada – December 2024 – The Canadian government is making bold investments to decarbonize heavy-emitting industries and support clean technology innovation in British Columbia. $12.5 million in funding was...
Singapore has announced the world’s first Master’s in Sustainable Healthcare and an Executive Fellowship to tackle climate change’s growing impact on healthcare systems. Launched by the Centre for Sustainable Medicine...
ADNOC has unveiled XRG, a transformational international investment company with an enterprise value exceeding $80 billion. The independently operated venture focuses on lower-carbon energy and chemicals, aiming to double its...
EQT Active Core Infrastructure fund (EQT) and global investor GIC have announced an agreement to acquire a majority stake in Calisen Group, a leading UK provider of smart meters and...
Australia and Singapore have strengthened their partnership to accelerate Southeast Asia’s clean energy transition. The Australian Government has committed US$50 million to Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, aimed...
ATLANTA, Dec. 2, 2024 – The Coca‑Cola Company has unveiled updated environmental goals aimed at advancing its sustainability agenda through 2035. These targets prioritize water security, packaging sustainability, and emissions...
• Schroders now sources 100% of its electricity globally from renewable energy, meeting its RE100 commitment a year early.• The firm’s Horsham solar project generates 1.13 GWh annually, covering nearly...
Mercedes Pushes Decarbonization Beyond the Track The Mercedes-AMG Petronas Formula One Team confirmed it achieved 99% HVO100 biofuel coverage for its 2025 European race and marketing logistics, a milestone that...
• Moeve becomes the first third-party supplier to join Avelia, Shell Aviation’s blockchain-powered sustainable aviation fuel (SAF) book-and-claim platform.• The collaboration expands multi-supplier access to verified SAF credits, supporting decarbonisation...
• €5 billion investment through 2027 expands Google’s St. Ghislain data center and creates 300 new jobs.• 110 MW in new carbon-free energy deals with Eneco, Luminus, and Renner to...
• 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...
Mexico City Launch Strengthens Legal Frameworks for Climate Action UK-based legal nonprofit The Chancery Lane Project (TCLP) has released 17 climate-aligned clauses adapted to Mexican law, making them available in...
• Four projects funded under the European Maritime, Fisheries and Aquaculture Fund (EMFAF) will advance regenerative ocean farming and marine innovation.• Initiatives span Spain, Italy, Portugal, and Ireland, developing large-scale...
• India’s Central Electricity Authority unveils 6.4 trillion rupee ($77 billion) plan to transmit 76 GW of hydro power from the Brahmaputra basin by 2047.• The basin, spanning eight northeastern...
• The US has threatened sanctions on countries supporting an EU-backed global framework to cut shipping emissions.• The IMO proposal would introduce the first global pricing mechanism for maritime emissions,...
Airbus Targets Deep Emissions Cuts Across UK Operations Siemens has signed a strategic contract with Airbus to decarbonize three of the aerospace manufacturer’s largest industrial sites in the United Kingdom...
• The International Nut and Dried Fruit Council (INC) launches a first-of-its-kind certification tailored to the sector’s specific ESG challenges.• The framework aligns growers, processors, and traders around verified sustainability...
• Bureau of Land Management postpones Wyoming coal lease covering 365 million tons of reserves.• Montana auction earlier in the week drew only one bid at less than $0.01 per...
In this week’s ESG News Week In Review, renewable power overtook coal for the first time globally — a defining moment in the clean energy transition. The EU delayed new...
• The acquisition integrates GoBlu’s BHive® chemical compliance platform with Worldly’s environmental performance tools.• The merger advances data transparency and unification across 40,000+ manufacturers, brands, and retailers.• Aims to reduce...
• 19 of 25 World Bank executive directors back continued climate financing despite US opposition.• Directors representing 120 nations call for alignment with the Paris Agreement and a 45% climate...
• Highland Spring Group to deploy Altruistiq’s product footprinting platform across its operations until 2028.• Agreement will enable real-time cradle-to-gate carbon data for hundreds of SKUs, strengthening regulatory compliance and...
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...
Canada Expands Its Carbon Removal Frontier Deep Sky, the Montreal-based carbon removal project developer, has selected Manitoba as the site for one of the world’s largest carbon removal facilities. The...
• Morgan Stanley’s 1GT climate fund leads $60 million Series E to expand Corvus Energy’s global low-carbon maritime battery systems.• Consortium includes Just Climate and J. Lauritzen, targeting zero-emission shipping...
• Partnership to supply over 500,000 soil carbon removals verified under Verra’s VCS VM0042 standard.• Independent verification by SCS Global confirms 2.27 tCO₂e per hectare per year across 20,000 hectares.•...