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...
Municipality Finance Plc (MuniFin) has issued a NOK 2 billion green bond, maturing on 19 August 2030 with a fixed annual interest rate of 4.00%, as part of its EUR...
As global tax regimes shift under pressure from rising regulatory demands and digital disruption, tax leaders are intensifying focus on transparency, digital readiness, and sustainability strategy—according to Deloitte’s 2025 Global...
Kering has launched its first-ever Water-Positive Strategy, committing to a Net Water-Positive Impact by 2050 and targeting measurable water improvements in 10 high-risk basins by 2035. The strategy marks a...
Carbon Alpha has partnered with Mangrove Systems to embed advanced digital monitoring, reporting, and verification (MRV) technology into its flagship North Star carbon removal project—Canada’s first large-scale bioenergy with carbon...
AI robotics startup Glacier has raised $16 million in Series A funding to accelerate the deployment of its intelligent recycling robots, designed to transform U.S. recycling infrastructure, reduce emissions, and...
Brazilian carbon removal startup Mombak has secured $30 million in Series A funding, led by Union Square Ventures (USV), to accelerate reforestation and carbon credit operations across the Amazon. Founded...
Mizuho Bank has become the first Japanese financial institution to sign a Memorandum of Cooperation (MoC) with Invest India, marking a significant step in strengthening sustainability and decarbonization-focused investments in...
ALTÉRRA, the world’s largest private climate investment vehicle, has made its first direct investment into the Global South—injecting $100 million into India’s clean energy platform, Evren. The co-investment, made through...
South Korean steelmaker POSCO Holdings has successfully raised $700 million through a heavily oversubscribed green bond issuance, reinforcing investor confidence in its sustainability strategy. The funding was split across two...
The Bank of Mauritius has entered a strategic partnership under the SUNREF – Cap sur la Finance Durable programme to strengthen its sustainable finance framework. Backed by the Agence Française...
EFM, a U.S.-based forest investment and management firm, has partnered with Sojitz Corporation of America—a wholly owned subsidiary of Japan’s Sojitz Corporation—to launch a $200 million forestry investment fund focused...
Brazil is launching a landmark auction aimed at raising up to $2 billion in financing for sustainable land restoration, as part of its Eco Invest Brazil program. The initiative will...
The U.S. Green Building Council (USGBC) has introduced LEED v5, a major overhaul of its globally recognized green building certification system, aimed at delivering higher-performance, lower-carbon buildings while increasing investor...
Patch has launched a new digital platform to transform how companies source, purchase, and manage carbon credits, aiming to unlock billions in much-needed climate finance. Designed for Chief Sustainability Officers...
Ingka Investments, the investment division of Ingka Group—the largest IKEA retailer—has officially launched its first solar park in Poland, marking a major step in its renewable energy strategy. Located in...
Copenhagen Infrastructure Partners (CIP) announced it has sold a 50% stake in the Coalburn 1 battery energy storage system to AXA’s alternative investment arm. Despite the sale, CIP will continue...
France has launched the Charter for Paris-Aligned and High-Integrity Use of Carbon Credits, setting a new global benchmark for responsible corporate carbon credit use and aiming to foster a more...
Biomas, a Brazilian reforestation company backed by Vale, Marfrig, Suzano, Santander Brasil, Itaú, and Rabobank, has launched its first major project: restoring 1,200 hectares of the Atlantic rainforest in Bahia...
The International Sustainability Standards Board (ISSB) has proposed significant amendments to its climate disclosure standard (IFRS S2), offering new reliefs primarily for financial sector companies. These changes are designed to...
The European Banking Authority (EBA) has launched a new ESG dashboard, offering centralized, comparable climate risk indicators for EU/EEA banks. The dashboard aims to strengthen monitoring and benchmarking of transition...
Ireland and the United Nations Development Programme (UNDP) have officially launched a new global Project Office for Sustainable Finance in Dublin, backed by a €7.5 million commitment from the Irish...
Microsoft is doubling down on durable carbon removal with a new five-year agreement to purchase 44,000 carbon removal credits from Carba, a Minnesota-based climate tech company. The credits will begin...
Zelestra has secured a $113 million Senior Secured Credit Facility with Banco Santander to finance its 81 MWdc Jasper County Solar Project in Indiana, a strategic addition to its growing...
Eni and the UK Government have reached financial close on the Liverpool Bay Carbon Capture and Storage (CCS) project, marking the official green light for construction. The initiative is central...
Electra, the clean iron startup aiming to decarbonize steelmaking, has raised $186 million in Series B funding. The round, co-led by Capricorn Investment Group and Temasek Holdings, pushes the company’s...
The Dutch government will invest €639 million ($726 million) into the Aramis carbon capture and storage (CCS) project after Shell and TotalEnergies withdrew from funding the pipeline infrastructure. Their exit...
Apollo-managed funds have committed up to $220 million in a joint venture with Bullrock Energy Ventures, targeting a significant expansion of community solar projects across New York and New England....
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...
CSA Backs Away From Mandatory Climate Rules—for Now The Canadian Securities Administrators (CSA) announced it is pausing its work on implementing mandatory climate-related disclosure requirements, citing heightened economic and geopolitical...
American Express Global Business Travel (Amex GBT) has launched a new data-driven sustainability recommendations feature for its Egencia platform, offering clients a first-of-its-kind solution to help reduce their corporate travel...
Goldman Sachs shareholders decisively rejected two anti-DEI proposals at the firm’s annual meeting, with each receiving only 2% support. The proposals, submitted by the National Center for Public Policy Research...
Sage Sustainable Electronics and environmental consultancy Bloom-ESG have introduced the first ISO 14064-certified carbon credit system for IT asset disposition—enabling corporations to turn responsible tech retirement into a strategic ESG...
The Inter-American Development Bank (IDB), IDB Invest, and the IFRS Foundation have launched a strategic partnership to promote the adoption and implementation of the IFRS Sustainability Disclosure Standards throughout Latin...
LEGO Group has cut its global factory water consumption for the third consecutive year, achieving a total usage of 753,711 m³ in 2024—56,000 m³ less than the previous year. The...
Novata has launched a new ESG Due Diligence solution designed to overhaul how private market deal professionals manage sustainability data—making it easier, faster, and more connected to long-term investment outcomes....
Caban, a Texas-based provider of renewable energy infrastructure, has raised $50 million in equity funding to accelerate the rollout of its Energy-as-a-Service (EaaS) solutions for critical infrastructure operators. The raise...
New York City Comptroller Brad Lander is tightening climate accountability across Wall Street, warning asset managers that failing to deliver robust Net Zero plans by June 30, 2025, will result...
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...
Global business leaders are no longer sitting on the sidelines of the clean energy transition. A powerful consensus—97% of executives across 15 global markets—now urges governments to fast-track the phase-out...
Nestlé and ofi have unveiled their largest global agroforestry partnership yet, targeting long-term carbon reductions and a shift toward regenerative agriculture in cocoa production. The initiative spans Brazil, Côte d’Ivoire,...
Virgin Media O2 has announced a 56% cut in its Scope 1 and 2 emissions since 2020—confirming it’s on track to hit its 2030 target of a 90% reduction, aligned...
Google has signed its first offshore wind power purchase agreement (PPA) in Asia Pacific, committing to buy clean energy from the 495 MW Fengmiao I offshore wind project in Taiwan....
Schneider Electric, a global leader in energy management and automation, has launched its Environmental Data Program, significantly expanding access to environmental information across its product portfolio. This initiative builds on...
BloombergNEF’s New Energy Outlook 2025 delivers a sharp assessment of how the global energy transition may unfold by mid-century—assuming market forces, not climate mandates, dictate investment. While renewables and electrification...
IBM and the European Space Agency (ESA) have open-sourced TerraMind, the most advanced generative AI foundation model for Earth observation, now available on Hugging Face. Trained on TerraMesh—the largest geospatial...
China is accelerating its clean energy dominance, setting new records in the first quarter of 2025 that widen its lead over the U.S. and Europe. According to data from energy...
The New York State Common Retirement Fund is scaling up its climate investment strategy, adding $2 billion to the FTSE Russell TPI Climate Transition Index fund. This marks the second...
Zevero has launched a new AI-powered ESG Disclosure Reporting tool to streamline compliance with major sustainability frameworks and drastically reduce time spent on manual reporting. The carbon management platform’s latest...
Klaus Schwab, the founder and long-serving Chair of the World Economic Forum (WEF), has officially stepped down from his role and membership on the Board of Trustees. “Following my recent...
TDK Ventures has launched Fund 3, a new $150 million vehicle aimed at backing early-stage deeptech startups that align with global sustainability and innovation megatrends. This brings the firm’s total...
The U.S. federal government has ordered an immediate halt to construction on Equinor’s $5 billion Empire Wind project, the largest offshore wind farm planned to serve New York City, signaling...
IFC Announces Generational Review of Sustainability Framework The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has officially launched a multi-year overhaul of its Sustainability...
Robeco has launched the Biodiversity Traffic Light, a new investor tool designed to help capital allocators identify which companies are leading—or lagging—in biodiversity and nature-related performance. “Robeco’s Biodiversity Traffic Light...
Aramco and BYD have signed a Joint Development Agreement to accelerate innovation in new energy vehicle technologies, aiming to reduce emissions and boost efficiency in the transport sector. The agreement...
Microsoft is backing a major U.S. nature-based carbon removal initiative, agreeing to purchase 1.4 million tonnes of carbon removal credits from Living Carbon, a public benefit company specializing in transforming...
Europe is heating faster than any other continent—and the consequences are multiplying.The European State of the Climate 2024 report, released by the Copernicus Climate Change Service (C3S) and the World...
Crux has closed a $50 million Series B round led by Lowercarbon Capital, with returning support from Andreessen Horowitz, Ardent Venture Partners, CIV, New System Ventures, and The Three Cairns...
The Greenhouse Gas (GHG) Protocol has expanded its Independent Standards Board (ISB) by welcoming five major sustainability standard-setters as non-voting observers—CDP, EFRAG, GRI, ISSB, and SBTi. These entities influence or...
Microsoft has hit a major environmental milestone—achieving a 90.9% reuse and recycling rate for its servers and components in 2024, a full year ahead of its zero-waste target for 2025....
The UK government has launched a consultation on a set of six “integrity principles” for carbon and nature credit markets, aiming to build trust, enhance transparency, and accelerate private sector...
Schroders, the global active asset manager, has partnered with Cornell University’s Global Labor Institute (GLI) to publish a new stewardship framework designed to help investors and companies navigate growing climate...
Hitachi ZeroCarbon has launched a full-spectrum electric vehicle (EV) fleet solution to support businesses through every stage of their decarbonisation journey, just a decade ahead of Europe’s 2035 zero-emissions mandate....
Apple has achieved a 60% reduction in global greenhouse gas emissions compared to its 2015 baseline, the company revealed in its 2024 Environmental Progress Report. This progress marks a major...
Indigo Ag is redefining cropland as a climate asset, announcing its fourth carbon crop with 630K independently verified carbon credits issued through the Climate Action Reserve. This milestone brings Indigo’s...
Occidental (Oxy) has acquired Holocene, a Tennessee-based direct air capture (DAC) startup, in a strategic move to consolidate and scale its carbon removal operations. The financial terms were not disclosed,...
The European Commission has adopted a 2025–2030 work plan under the Ecodesign for Sustainable Products Regulation (ESPR) and Energy Labelling Regulation, setting the stage for sweeping sustainability rules across key...
Wendy Berman has been named the permanent Chair of the Canadian Sustainability Standards Board (CSSB), effective May 5, 2025. The announcement comes at a pivotal time, as the CSSB prepares...
The U.S. Department of Agriculture has scrapped the Biden-era Partnerships for Climate-Smart Commodities (PCSC) program, citing inefficiencies and disproportionate administrative costs. “Many of these projects had sky-high administration fees,” said...
The European Commission has rolled out a set of revisions to simplify implementation of its EU Deforestation Regulation (EUDR), aiming to ease compliance burdens while maintaining its environmental objectives. The...
Saudi Arabia has made a significant move in the global green finance arena, issuing the first-ever euro-denominated green bond by a sovereign from the MENA region. The €1.5 billion ($1.6...
The U.S. Securities and Exchange Commission (SEC) has approved the Green Impact Exchange (GIX), paving the way for the country’s first national stock exchange dedicated to sustainability. GIX will offer...
The Volvo China Open is accelerating its sustainability strategy by relocating to Shanghai’s Enhance Anting Golf Club — a move that represents more than a change in scenery. Backed by...
Polestar has achieved a 24.7% reduction in greenhouse gas emissions per vehicle sold since 2020, according to its fourth Annual Sustainability Report. The milestone underscores the EV maker’s strategy to...
Salesforce is integrating autonomous AI agents into its climate innovation efforts, positioning digital labor as a key enabler of scalable, nature-based solutions. Through its Salesforce Accelerator – Agents for Impact,...
Hosted by: Ed Whittingham, renowned climate expert and policy advocateGuests: Greg Nemet (University of Wisconsin), Klaus Lackner (Arizona State University), David Keith (University of Chicago), Sara Hastings-Simon (University of Calgary),...
The Net Zero Banking Alliance (NZBA), a UN-backed coalition of over 120 global banks, has formally voted to loosen its commitment to the 1.5°C global warming target, pivoting instead to...
New Framework Launched to Help Companies Cut Supply Chain Emissions The We Mean Business Coalition, in partnership with CDP and Ceres, has released a new guide to help companies engage...
Google has signed its first corporate power purchase agreement (PPA) for geothermal energy in Asia, marking a major step in its clean energy transition strategy across the region. The deal,...
The Department of Finance (DOF) is accelerating the country’s sustainable finance agenda by expanding the role of the Inter-Agency Technical Working Group on Sustainable Finance (ITSF), also known as the...
Microsoft has inked the largest carbon removal deal in history, committing to purchase 6.75 million metric tons of engineered carbon removal from AtmosClear, a Fidelis portfolio company, over 15 years....
Repsol has officially started electricity production at Antofagasta Phase 1, the company’s largest wind project to date and one of Chile’s biggest renewable installations. The 364 MW facility is located...
General Motors has appointed Cassandra Garber as its new Chief Sustainability Officer (CSO), tapping a seasoned ESG leader from Dell Technologies to steer the automaker’s environmental and social strategy. The...
Heidelberg Materials has received planning approval to build a carbon capture and storage (CCS) facility at its Padeswood cement plant in Flintshire, north Wales—positioning the UK closer to decarbonising one...
The LEGO Group has officially opened its most environmentally sustainable factory to date in Binh Duong, Vietnam—marking a strategic move to expand its manufacturing footprint across Asia-Pacific and meet growing...
RayGen Resources has closed a landmark A$127 million Series D investment round, drawing strong support from global energy leaders and public sector investors. The raise, led by SLB with a...
Global maritime shipping is poised for a transformative shift following a landmark agreement reached by the UN International Maritime Organization (IMO). The newly approved framework sets the sector on course...
The International Finance Corporation (IFC), part of the World Bank Group, has committed a US$100 million loan to Santander Chile to fund energy-efficient and environmentally sustainable building projects. This marks...
Apollo Funds have committed up to $400 million to a new joint venture with Summit Ridge Energy, aimed at owning and operating commercial solar assets across Illinois—marking a major expansion...
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s leading renewable energy firm, has signed two pivotal agreements with PT PLN (Persero), Indonesia’s state-owned electricity company, to significantly advance...
ERM, the world’s largest specialist sustainability consultancy, has deepened its partnership with Salesforce by joining as a global tier one Net Zero Cloud Advisory & Implementation Partner—positioning itself to help...
EcoVadis, a leader in sustainability intelligence for global supply chains, has appointed Dexter Galvin as its new Climate Ambassador, marking a strategic move to fast-track corporate decarbonization initiatives. A recognized...
Volkswagen Group significantly expanded its leadership in Europe’s all-electric vehicle (BEV) market in Q1 2025, more than doubling BEV deliveries in the region and achieving a 113% year-over-year increase. The...
Orbital Materials and cloud service provider Civo have entered a strategic partnership to pilot carbon removal technology within data centers—aiming to transform a high-emission industry with advanced, AI-powered materials. Civo...
Excelsior Energy Capital, a leading independent renewable energy investor in North America, announced the final close of its Excelsior Renewable Energy Investment Fund II, LP at just over $1 billion,...
Airbus and Qantas have committed AUD$15 million to Climate Tech Partners (CTP)—a climate-focused venture capital fund—to drive innovation in Sustainable Aviation Fuel (SAF) and other aviation decarbonisation technologies. The announcement,...
Gentari and Amazon Web Services (AWS) have signed a Power Purchase Agreement (PPA) for an 80MW wind power project in Tamil Nadu, India, marking a significant milestone in their clean...
Climate solutions provider Watershed has launched the Cornerstone initiative in partnership with Stanford University’s Stanford Sustainable Solutions Lab to preserve and expand access to critical sustainability datasets. These datasets underpin...
Occidental is preparing to launch operations at its Stratos direct air capture (DAC) hub in Ector County, Texas, by the end of 2025. CEO Vicky Hollub confirmed during the company’s...
DHL Supply Chain has launched a pilot program in Japan deploying hydrogen-powered fuel cell (FC) trucks, marking a milestone in its push toward decarbonized logistics. The initiative is part of...
Arevon Energy has completed the commissioning of its Eland Solar-plus-Storage complex in Kern County, California, marking one of the state’s largest clean energy developments. The facility, representing more than $2...
British Columbia has outlined its updated approach to developing, reviewing, and maintaining greenhouse gas offset protocols under its Offset Protocol Policy (OPP), aiming to enhance transparency and diversify projects that...
The European Banking Authority (EBA) has issued a no-action letter addressing the application of ESG Pillar 3 disclosure requirements under its Implementing Technical Standards (ITS). The move aims to ease...
Climate finance and technology innovation drove this week’s ESG headlines. China overhauled its green taxonomy to boost transition funding, Germany approved a bill to fast-track carbon storage, and the EU...
Companies that proactively act on environmental risks and opportunities are now seeing substantial financial rewards, according to a new report from CDP. Drawing on data from nearly 25,000 corporate disclosures...
Energy Vault Holdings, Inc. has entered into an exclusivity agreement for a $300 million preferred equity investment to launch Asset Vault, a wholly owned subsidiary that will develop, own, and...
Fortescue has secured a landmark 14.2 billion yuan ($1.98 billion) loan to accelerate its decarbonisation strategy, just weeks after cancelling green hydrogen projects in the U.S. and Australia. The five-year...
Emerge, the joint venture between Masdar and EDF Group, has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to accelerate the development and financing of distributed solar...
Swiss banking giant UBS has withdrawn from the Net-Zero Banking Alliance (NZBA), becoming the latest in a string of high-profile exits from the global climate finance initiative. The move comes...
BeZero Carbon has been appointed by the Swiss Federal Office for the Environment (FOEN) to deliver independent risk assessments for carbon credits authorised under Article 6.2 of the Paris Agreement....
Speeki is advancing its ESG platform by integrating agentic AI into Nicole®, its digital sustainability assistant, marking a shift from passive AI support to autonomous, task-oriented functionality. Agentic AI represents...
Standard Chartered has announced a landmark agreement with the Brazilian State of Acre to bring high-integrity forest protection carbon credits to market over the next five years. The partnership is...
In 2021, the Financial Conduct Authority (FCA) finalized climate disclosure rules for asset managers, life insurers, and FCA-regulated pension providers, requiring firms to report in line with the Taskforce on...
Chooose has signed an agreement with the International Air Transport Association (IATA) to integrate IATA CO2 Connect data into its platform, expanding global access to flight-specific carbon emissions information. The...
JERA and bp have officially launched their 50:50 joint venture, JERA Nex bp, marking a significant step in scaling global offshore wind development. The newly formed company enters the market...