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The Environment Agency – Abu Dhabi (EAD) has reported a dramatic reduction in single-use plastic bag consumption since implementing its Single-Use Plastic Policy in June 2022. In just two years,...
Methane emissions from oil and gas operations in the Permian Basin decreased by 26% in 2023, according to an analysis by S&P Global Commodity Insights. This reduction, amounting to 34...
The U.S. Environmental Protection Agency (EPA) has granted California the authority to implement its Advanced Clean Cars II (ACC II) regulations and low-NOx standards for heavy-duty and off-road vehicles. These...
Japan’s environment and industry ministries have finalized a plan to cut greenhouse gas (GHG) emissions by 60% from 2013 levels by 2035, marking an ambitious update to its prior target...
The Suez Canal Economic Zone (SCZONE) has finalized $64 billion in green hydrogen investments through 12 framework agreements, aiming to produce 18 million tons of green hydrogen annually. Chairperson Waleid...
The financial services sector in the Asia Pacific (APAC) region plays a pivotal role in advancing sustainability goals. According to the Sustainability Counts III report, progress in this industry depends...
DP World has become the first company in the Middle East and North Africa (MENA) region to issue a Blue Bond, raising $100 million for sustainable maritime and water-focused projects....
The European Commission has introduced the Flight Emissions Label (FEL), a voluntary program offering airlines a standardized and transparent way to report flight emissions. Fully operational by July 2025, FEL...
The European Commission has awarded the construction contract for its new Joint Research Centre (JRC) building in Seville, Spain. Once approved by the European Parliament and the Council of the...
The U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) has opened applications for $1.8 billion in funding to accelerate Direct Air Capture (DAC) technology. This initiative focuses...
Italian state railways, Ferrovie dello Stato, is making a bold push into renewable energy. CEO Stefano Donnarumma announced plans for a €1.3 billion ($1.36 billion) investment in a photovoltaic plant,...
Snam Signs €4B Sustainability-Linked Credit Facility Snam has finalized a €4 billion sustainability-linked revolving credit facility, marking a significant milestone in its commitment to achieving carbon neutrality by 2040 and...
Europe’s Banks Are “In Debt to the Planet” Europe’s 25 largest banks are not doing enough to address the dual crises of climate change and biodiversity loss, according to a...
UK FRC Pushes for ISSB Reporting Standards The UK Financial Reporting Council (FRC), acting as secretariat to the UK Sustainability Disclosure Technical Advisory Committee (TAC), has urged the UK Government...
Tackling Growing Energy Demand in 2024 As global electricity demand continues to surge, driven by AI, electrification, and digitalization, building smarter energy systems presents both challenges and opportunities. In 2024,...
Qcells’ Solar Manufacturing Expansion The Department of Energy’s Loan Programs Office (LPO) has announced a $1.45 billion loan guarantee to Hanwha Qcells Georgia for constructing a state-of-the-art solar manufacturing facility...
VictoriaMetrics Drives Efficiency in Gemini Solar + Storage Project VictoriaMetrics has partnered with IHI Terrasun Solutions to deliver advanced data management for the $1.2 billion Gemini Solar + Storage project,...
Iberdrola’s Milestone Investment in Sicily Iberdrola has secured a €100 million green loan from the European Investment Bank (EIB), backed by SACE’s Archimede guarantee, to construct a state-of-the-art photovoltaic (PV)...
Crusoe, the industry’s first vertically integrated AI infrastructure provider, has raised $600 million in Series D funding, valuing the company at $2.8 billion. Founders Fund led the round, joined by...
President Joe Biden has announced an ambitious 2035 climate target to reduce U.S. greenhouse gas emissions by 61-66% below 2005 levels. This builds on the U.S. commitment to achieve net-zero...
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