The transition to a net-zero economy presents both unparalleled investment opportunities and significant financial risks. By 2050, the energy transition could generate $53 trillion in clean energy and infrastructure investments, while climate hazards could cost ...
Ørsted’s Board of Directors has announced Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as the company’s new Group President and CEO, replacing Mads Nipper. Errboe will officially assume the role on 1 February ...
The cement industry accounts for roughly 8% of global CO2 emissions. NeoCarbon’s carbon-curing technology could help significantly reduce this footprint. The breakthrough: NeoCarbon, a startup specializing in DAC solutions, has successfully integrated captured CO2 into ...
Driving Renewable Growth Macquarie Asset Management, on behalf of managed funds, has provided €97 million in debt financing to Greenalia Power Spain. The funding will support Greenalia’s onshore wind, biomass, and solar PV projects in ...
The Platform on Sustainable Finance has published a report outlining evidence-based recommendations to simplify and enhance EU taxonomy reporting. The advisory body, responding to the European Commission’s mandate, aims to make sustainability disclosures more effective ...
Greentown Labs has named Georgina Campbell Flatter as its new Chief Executive Officer, following a $4 million funding round and board restructuring. Flatter’s background spans entrepreneurship, climate innovation, and nonprofit leadership, making her a strategic ...
Investec has successfully closed financing for SolarAfrica’s SunCentral 1, securing the first 114 MW of the company’s utility-scale solar farm in the Northern Cape. The deal, valued at R1.8 billion, marks a major milestone in ...
Sasol, Anglo American, and De Beers have entered into a Joint Development Agreement (JDA) to pilot the production of feedstock for renewable diesel. Signed on February 4, 2025, during the Investing in African Mining Indaba ...
Investors managing a combined €6.6 trillion in assets are calling on the European Commission to uphold the integrity of the EU’s sustainable finance framework. Concerns are mounting that the upcoming Omnibus package, set for introduction ...
Santiago ranks 126th in global traffic congestion, with commuters spending over 23 minutes at traffic lights on a typical 10-kilometer trip, according to the TomTom Traffic Index 2024. This stop-and-go traffic significantly contributes to urban ...
The LEGO Group is expanding its sustainability efforts with a DKK 19 million commitment toward four carbon removal projects in collaboration with Climate Impact Partners and ClimeFi. The projects aim to deliver carbon removal credits ...
Microsoft is doubling down on carbon removal: The tech giant signed a 25-year agreement with Chestnut Carbon to secure more than 7 million tons of carbon removal credits. This marks one of the largest nature-based ...
Expanding Global Renewable Footprint Amazon and Iberdrola, a leading clean energy provider, have expanded their renewable energy partnership with an additional 476 MW in power purchase agreements (PPAs). This brings their collaboration to five countries, ...
Rio Tinto and Hydro have signed a partnership agreement to explore carbon capture solutions for aluminium smelting. The collaboration will focus on identifying and assessing technologies to reduce CO2 emissions from the electrolysis process, which ...
New Zealand has announced its second international climate target, aiming for a 51-55% reduction in emissions from 2005 levels by 2035, Climate Change Minister Simon Watts confirmed today. “We have worked hard to set a ...
BBVA reached its €300 billion sustainable business target one year early, exceeding its initial 2018-2025 commitment. The bank had progressively raised its goal, from €100 billion in 2018 to €200 billion in 2021, and then ...
TA’ZIZ has awarded a $1.7 billion engineering, procurement, and construction (EPC) contract to SAMSUNG E&A to build the UAE’s first methanol production plant in Al Ruwais Industrial City, Al Dhafra region, Abu Dhabi. The 1.8 ...