The European Commission has approved a €682 million ($756.54 million) Belgian state aid package to support the growth of offshore wind energy. The funds will back the construction and operation...
1PointFive, a subsidiary of Occidental, has secured up to $500 million in funding from the U.S. Department of Energy (DOE) to develop its South Texas Direct Air Capture (DAC) Hub....
Germany and Australia signed a $660 million deal to strengthen green hydrogen supply chains, equally funded by both governments. The agreement aims to provide European buyers for Australia’s renewable hydrogen...
The UAE continues to make significant strides in clean energy investments, with total investments exceeding $12 billion (AED 45 billion), according to Suhail bin Mohammed Al Mazrouei, Minister of Energy...
TotalEnergies Joins Japan’s First Low-Carbon Hydrogen Fund TotalEnergies has entered the “Japan Hydrogen Fund” as an investor during its first close. The fund, initially endowed with over $400 million, is...
India’s push toward clean energy just received a major boost, with $386 billion in funding commitments to help reach its target of 500 gigawatts (GW) of renewable energy by 2030....
American Express Global Business Travel (Amex GBT) has achieved a significant milestone in corporate climate action, with its emissions reduction targets validated by the Science Based Targets initiative (SBTi). This...
For more from Tim Mohin, sign up for his newsletter here Tuesday’s US Presidential debate was remarkable for many reasons – but climate was not one of them. However, we listened...
BBVA Expands to Houston for U.S. Energy Transition Leadership BBVA Group has opened a new office in Houston, positioning itself as a key player in financing the U.S. energy transition....
IFC issues a 2.6 billion Swedish krona green bond to promote blue finance in emerging markets. The $243 million bond will finance ocean-friendly projects and improve access to clean water...
ERM, the world’s leading sustainability consultancy, has teamed up with osapiens, an AI-driven ESG platform provider, to help businesses manage and act on ESG data. This partnership aims to simplify...
Allianz Global Investors (AllianzGI) has secured EUR 560mn in total commitments at the first closing of its Impact Private Credit (IPC) strategy. Key investors include Allianz, APG Asset Management, the...
The 2024 State of the Energy Union report highlights the EU’s significant progress in ensuring secure, competitive, and affordable energy, while also laying the groundwork for future economic growth and...
Standard Chartered Leads Innovative Financing for Carbon Removals Standard Chartered is breaking new ground by providing debt financing to UNDO, a project developer specializing in enhanced rock weathering, a method...
China’s Envision Group Expands Green Hydrogen Efforts in Spain Spain has signed a $1 billion deal with China’s Envision Group to build a factory producing electrolysers, a critical component for...
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