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The governing board of the Climate Investment Funds (CIF), the pioneering multilateral climate fund delivering low-cost finance to over 70 developing countries, endorsed a new investment plan presented by the Government...
Climeworks is future-proofing its technology for scaling globally to gigaton carbon removals by using the latest research and development findings in its filter materials and plant design. At its annual...
Rio Tinto will invest US$143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIronTM, to...
The 2024 State of Carbon Dioxide Removal report finds that around 7–9 billion tonnes of CO2 per year will need to be removed by mid-century from the atmosphere if the...
Anne Windberg Baarup took over the management of the sustainability department for Continental’s group sector ContiTech on June 1, 2024. She is now responsible for the strategic direction and global management...
The European Commission has approved, under EU State aid rules, an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources....
The Council of Experts on Climate Change presented a special report commissioned by the German Federal Government to review the 2024 projection data describing the future development of German greenhouse...
Key Impact Points: China has unveiled the world’s largest solar farm in Xinjiang, marking a groundbreaking advancement in renewable energy. The new solar complex, covering an area comparable to New...
The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published their Final Reports on Greenwashing in the financial sector. Key Impact Points: The European Supervisory Authorities (EBA, EIOPA,...
The Galapagos Islands, renowned worldwide for their unparalleled biodiversity and unique ecosystems, face mounting environmental and human-induced threats. In response to these pressing challenges, the Charles Darwin Foundation (“CDF”) and...
Key Impact Points: Sumitomo Corporation has updated its material issues and policies to align with its goals for sustainable growth and addressing social challenges, particularly climate change. These updates reflect...
Key Impact Points: China has announced plans to establish a comprehensive carbon footprint management system by 2027. This ambitious initiative aims to track and reduce carbon emissions across various industries,...
Key Impact Points: Climate change is an urgent issue impacting the global economy and human societies through extreme weather events and their economic repercussions. Deloitte’s ESG Preparedness Survey highlights the...
The Project Phase 1, which targets to replant Portulacaria afra thicket across 10,000 hectares, is being funded under a syndicated senior secured stream agreement, led by Mirova, an affiliate of Natixis Investment...
New disclosure platform unveiled to unlock faster action, harmonize global standards and make disclosure more efficient In a move set to kickstart a new era of more efficient disclosure and...
A new report published today by the City of London Corporation and Climate Policy Initiative (CPI) has revealed that tracked UK financial institutions have almost tripled their investment into clean-energy...
Key Impact Points: Amazon, Google, Microsoft, Nucor, and Duke Energy have joined forces to accelerate carbon-free energy generation through innovative tariff agreements. These agreements, known as Accelerating Clean Energy (ACE)...
UBS Global Wealth Management (GWM) launched the engagement fund in a collaborative approach with Rockefeller Asset Management (Rockefeller). The UBS Rockefeller Ocean Engagement Fund, seeks to provide financial returns and...
Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara), one of Japan’s leading global financial institutions, and London Stock Exchange Group (CEO: David Schwimmer; LSEG) announce an agreement to...
Key Impact Points: In a historic election, Mexico has elected Claudia Sheinbaum as its first female president. Winning between 58.3% and 60.7% of the vote, Sheinbaum’s victory signifies a pivotal...
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