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Global Biodiversity at Risk Countries are meeting in Rome to advance a $200 billion annual nature finance deal. The initiative builds on last year’s Kunming-Montreal Global Biodiversity Framework, aimed at...
National Grid is offloading its U.S. onshore renewables business to Brookfield Asset Management as part of a broader divestment strategy. The sale, valued at $1.74 billion including debt, reflects the...
BBVA’s New Sustainable Business Goal BBVA will channel €700 billion in sustainable business between 2025 and 2029—more than double its earlier target of €300 billion, which was reached in December...
Cities are stepping up in the fight against climate change, but a significant funding gap threatens progress. New data from CDP, in collaboration with the Global Covenant of Mayors for...
The Green Climate Fund (GCF) announced $686.8 million in investments this week, contributing to $1.5 billion in climate action initiatives when combined with co-financing. The 11 approved projects will support...
Standard Chartered has launched the first multi-country sustainability-linked trade finance facility for Siemens Energy, covering eight markets in the Middle East, Africa, and Pakistan. This groundbreaking facility integrates trade finance...
Bloomberg Launches MARS Climate to Manage Portfolio Climate Risks Bloomberg has expanded its Multi-Asset Risk Management suite (MARS) with a new module, MARS Climate, designed to help portfolio and risk...
MSCI and Swiss Re Reinsurance Solutions are collaborating to strengthen the financial sector’s approach to physical climate risk management. The partnership integrates MSCI’s GeoSpatial Asset Intelligence with Swiss Re’s proprietary...
Nikola Corporation, once a beacon of innovation in the electric vehicle (EV) sector, has filed for Chapter 11 bankruptcy protection according to a recent press release issued by the automaker....
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