Morrisons has tightened its climate strategy, securing Science Based Targets initiative validation for a new set of near and long term emissions targets that extend its net zero ambition across...
• Glencore secures majority ownership in Dutch low carbon fuel supplier FincoEnergies, strengthening its downstream footprint in European transport fuels and biofuels.• The deal accelerates consolidation among global commodity traders...
• The European Commission plans legal changes in early 2026 to tighten documentation, customs tracking, and audits of recycled plastic imports.• Europe’s plastics recycling industry has lost more capacity in...
• Alphabet will acquire Intersect for $4.75 billion in cash plus assumed debt, securing long-term clean power capacity for AI driven data centre growth across the US.• Intersect controls a...
Renewco Power, a Scottish-founded renewables developer, has secured GBP 29 million in new capital to push forward a rapidly expanding onshore wind and solar portfolio at a time when the...
Europe’s largest port has opened a new chapter in climate finance by issuing the world’s first corporate bond dedicated solely to carbon capture and storage, raising €50 million ($55 million)...
Human Planet, formerly known as KOIS Advisory, has appointed former HSBC sustainability executive Sabrin Rahman as Partner, marking a decisive step in the firm’s expansion into the Middle East and...
Karl Naïm, Chief Commercial Officer at XBTO at ADFW - Panel Session: “Mapping Asset Allocation: Making Sense of Modern Portfolios”
Nordea Asset Management (NAM) has appointed Rachel Reutter as Portfolio Manager within its Sustainable Thematic Team, reinforcing its impact investing capabilities as institutional investors sharpen their focus on measurable outcomes,...
Nordea Asset Management (NAM) has appointed Kasper From Larsen as Portfolio Manager within its Sustainable Thematic Team, strengthening its climate investment bench as asset owners increase scrutiny on transition credibility,...
Adani Group has announced its formal entry into the battery energy storage systems sector with a 1,126 MW / 3,530 MWh project at Khavda, marking India’s largest battery deployment and...
As U.S. trade and industrial policy reshapes the economics of clean energy deployment, independent power producer Treaty Oak Clean Energy has secured a long term solar module supply agreement with...
Tokyo is preparing to redirect industrial investment toward clean electricity at scale. The Japanese government plans to allocate 210 billion yen, equivalent to $1.34 billion, in subsidies to support companies...
Prysmian and Versalis have signed a strategic partnership aimed at tackling one of the cable industry’s most persistent waste challenges: the recycling of complex plastic insulation layers used in energy...
Abu Dhabi Future Energy Company PJSC, Masdar, has entered the Malaysian market with a landmark power purchase agreement to develop a 200MW floating solar photovoltaic project at the Chereh Dam...
Mundi Énergies has formalized a strategic partnership with France’s Haffner Energy to deploy a network of twenty renewable energy production hubs across Quebec, positioning residual biomass as a cornerstone of...
ClimeFi carbon removal procurement round expands market depth The latest ClimeFi carbon removal procurement round has enabled more than $18 million in purchases of durable carbon removal, securing offtake commitments...
Japan has taken a decisive step toward restarting the world’s largest nuclear power plant after a regional assembly vote cleared the final political hurdle for Kashiwazaki-Kariwa to resume operations. The...
ISS STOXX acquires ECPI to expand sustainability offering ISS STOXX acquires ECPI under a definitive agreement announced today, strengthening its position in sustainability indices, data, and analytics for institutional investors....
As European governments push to decarbonize transport systems under tightening climate targets, private capital is moving to fill a widening infrastructure gap in rail. KKR has agreed to acquire a...
During Abu Dhabi Finance Week 2025, the UAE Sustainable Finance Working Group published its fourth formal statement, marking a decisive turn toward implementation as the country accelerates efforts to embed...
Ocean Winds has launched its first offshore wind and metocean measurement campaign in Australia, marking a decisive step forward for the High Sea Wind project off the coast of Gippsland,...
London and Milan are now directly linked through one of Europe’s most consequential carbon infrastructure transactions. Eni and Global Infrastructure Partners, part of BlackRock, have completed the sale of a...
A coalition of corporate climate buyers led by Frontier has agreed to invest $44.2 million in a carbon dioxide removal agreement with Canadian firm NULIFE GreenTech, targeting the removal of...
Ottawa Moves To Operationalize Sustainable Finance Framework The Government of Canada has moved from commitment to execution on its long promised sustainable finance taxonomy, announcing concrete next steps to shape...
Microsoft has signed an agreement with InPlanet to remove more than 28,500 tonnes of carbon dioxide between 2026 and 2028 using enhanced rock weathering, deepening its exposure to engineered carbon...
ADNOC has signed a $2 billion green financing facility backed by Korea Trade Insurance Corporation (K-SURE), expanding the state energy company’s sustainable funding pool to $5 billion in just 18...
Abu Dhabi Finance Week (ADFW) 2025 underscored a structural shift in global financial markets, as digital assets, tokenization, and blockchain-enabled systems move decisively into the institutional mainstream. What was once...
Berlin moved on Wednesday to reset its industrial and investment strategy, unveiling a €30 billion ($35.2 billion) vehicle designed not to spend public money directly, but to unlock far larger...
A Corporate Clean Power Bet in Rajasthan ReNew Energy Global Plc and Google have signed a long-term agreement to enable the development of a new 150 megawatt solar project in...
• Masdar has begun commercial operations at a 20MW battery storage facility in Stockport, marking the first completed project under its £1 billion ($1.27 Billion) UK battery investment.• Two additional...
A multi-region SAF rollout for a global airline network Cathay Group has entered into an agreement with Neste to supply sustainable aviation fuel across three of the world’s most strategically...
Mars, Incorporated and cocoa trader Sucden have launched a five-year collaboration aimed at reducing greenhouse gas emissions and strengthening climate resilience across cocoa farms in the Dominican Republic and Ecuador....
DHL Global Forwarding and Air France KLM Martinair Cargo have expanded their partnership with a new framework agreement aimed at accelerating decarbonization across the air freight sector, shifting the focus...
Parliament clears Omnibus I package The EU Parliament has approved a provisional agreement with EU member states to scale back sustainability reporting and due diligence requirements for companies, marking one...
• Italy awards up to 108 MW of new solar capacity in Sicily under its FER X support scheme, reinforcing national decarbonization and energy security goals.• Zelestra now holds roughly...
• Altitude has committed to procuring more than 360,000 tonnes of CO₂ Removal Certificates from biochar facilities in India and the Philippines, with first deliveries from 2026.• The credits will...
• Google is open sourcing its internal AI driven sustainability reporting methods after two years of in house use• The playbook targets one of the biggest ESG bottlenecks for corporates...
Colesco Capital has agreed to take over the management of an Article 9 impact credit fund focused on financing circular economy and climate transition businesses, a move that significantly expands...
• Anew Climate brings lifecycle assessment software, proprietary datasets, and engineering talent in house to scale carbon intensity modeling across global fuel markets.• The new Anew CI platform targets compliance,...
• Leadership transition positions Measurabl to accelerate adoption of standardized, decision grade sustainability data across global real estate markets• Customer-led strategy aligns with rising regulatory pressure, investor scrutiny, and energy...
• Microsoft and Iberdrola have signed two long term wind PPAs in Spain covering 150 MW, extending a transatlantic clean power portfolio to around 500 MW.• The deal links renewable...
New York’s new mandatory greenhouse gas reporting regime is more than an environmental regulation. It represents a structural shift in how verified emissions data will influence ESG investing, risk pricing,...
• RSB ICAO CORSIA certification places EcoCeres’ SAF among the most rigorously verified fuels globally, meeting strict climate, social, and biodiversity criteria• Certification supports airlines facing CORSIA compliance and emerging...
• Altitude commits to more than 165,000 tonnes of durable carbon dioxide removal from biochar facilities in Argentina, expanding long-term CDR supply in the Global South.• Credits will be issued...
• HASI and KKR commit an additional $1 billion to CarbonCount Holdings 1, lifting total investment capacity toward $5 billion with leverage.• Capital targets long-dated US clean energy and sustainable...
• The EU plans to expand its Carbon Border Adjustment Mechanism to cover car parts, household appliances, and downstream steel and aluminium products to close carbon leakage loopholes.• Draft proposals...
• The UK regulator adds senior ESG and independent advisory expertise to guide policy as sustainable finance rules tighten.• Committee refresh reflects governance focus on continuity alongside new perspectives amid...
As artificial intelligence accelerates the expansion of data centres across Asia, TotalEnergies has locked in a 21-year renewable power supply agreement with Google to support the tech giant’s growing footprint...
• AXA Investment Managers has launched a UK domiciled global core credit fund with a formal net zero decarbonization objective, seeded by LifeSight with up to £1bn ($1.27bn) expected by...
PME pulls €5bn mandate from BlackRock BlackRock loses a second Dutch pension mandate in a matter of months after PME, a pension fund for workers in the metal and technology...
• Climate and nature risks are already driving supply chain disruption, insurance gaps, and rising capital costs across sectors• Companies that integrate climate and nature into core strategy can protect...
• Microsoft commits to purchasing 3.6 million metric tons of engineered carbon removal over 12 years from a single US project, signaling long-term demand for durable removals.• The $2.5 billion...
• ADB commits $500 million in policy based financing to strengthen marine ecosystem governance, waste management, and blue economy investment in the Philippines.• Blue economy sectors already contribute Php1.01 trillion...
• New York will require mandatory greenhouse gas reporting from facilities emitting 10,000 metric tons of CO2e or more, beginning in 2027, covering power, fuel supply, waste, and industrial sectors.•...
Australia’s corporate regulator has begun laying the groundwork for the country’s new sustainability reporting regime, releasing the first set of educational materials aimed at smaller companies and report preparers navigating...
• $200m SAF investment marks the first Qatari industrial project in Egypt’s Suez Canal Economic Zone, anchoring bilateral capital flows.• Facility targets 200,000 tonnes a year of SAF and biofuels,...
Google has signed a long-term power purchase agreement to secure solar electricity from a nearly 30-megawatt project in northern Malaysia, deepening its push to decarbonize energy-intensive operations in one of...
In this week’s ESG News Week In Review, climate ambition and regulatory recalibration moved in parallel as governments, markets, and investors adjusted to the next phase of the transition. The EU...
• Nearly 60% of global investors are using or planning to use AI in sustainability and investment analysis, with trust now the primary barrier to scale• 89% expect regulatory divergence...
• Clean energy supplies 90.6% of Qinghai’s electricity, placing the province among China’s lowest carbon power systems• Large-scale ecological restoration has cut desertified land in key areas from 90% to...
• Europe’s largest reinsurer sets binding 2030 emissions targets across insurance, reinsurance, and investment portfolios, reaffirming net zero by 2050.• Targets arrive months after Munich Re exited major climate alliances,...
• Financial institutions can narrow Scope 3 reporting to loans, investments, and assets under management, excluding facilitated and underwriting related emissions.• Amendments reduce operational burden without changing investor-facing climate risk...
• Puro.earth becomes the eighth carbon crediting programme approved under the Core Carbon Principles, clearing a key integrity hurdle for engineered carbon removals.• Approval applies to Puro.earth Standard version 4.2,...
• Abu Dhabi leverages policy, capital markets, and cross border partnerships to scale climate finance across emerging and developed economies• ADSFF convenes global investors, regulators, and innovators to accelerate investment...
• Fervo closes a USD 462 million oversubscribed Series E to accelerate Cape Station, expected to become the world’s largest next generation geothermal project.• The financing arrives as US power...
• J.P. Morgan brings global Treasury and multi-currency payment capabilities to ADGM under a category one license.• Expansion strengthens Abu Dhabi’s position as a financial hub for energy, trade and...
• Google agrees to purchase 3,500 tons of carbon removal from Ebb as part of an early market commitment to ocean alkalinity enhancement.• Partnership builds on Ebb’s work with the...
• ADGM Academy establishes a first of its kind regional platform uniting research, regulation and industry to advance AI, blockchain, cybersecurity and energy innovation• Five founding initiatives commit to applied...
• Regulators from MENA, Europe, Asia and the US met under closed door conditions to assess risks in the fast growing private credit sector.• Discussions focused on leverage, liquidity, retail...
• NYU Stern at Abu Dhabi releases its first Financial Centre Competitiveness Index ranking the emirate No. 1 in MENA and 12th globally• Global asset managers, sovereign investors, and family...
• ADGM’s fund and asset management sector posted a 48 percent year-on-year rise in AUM in Q3 2025, reaching 220 funds managed by 161 firms.• FSRA introduced new periodic reporting...
• Transaction strengthens Evac’s role in mission-critical water and waste systems across naval, cruise and commercial fleets• Altor deploys capital from its EUR 1.1 billion climate fund, targeting decarbonization and...
• Global Infrastructure Partners, part of BlackRock, will invest up to USD 335 million in Aditya Birla Renewables Limited for a minority stake, valuing the platform at roughly USD 1.64...
• EU lawmakers agree on a binding 90 percent net emissions reduction target for 2040, shaping the bloc’s pathway to climate neutrality by 2050.• Deal introduces expanded use of international...
• Global datacenter electricity demand could exceed 2,200 TWh by 2030, straining grids and testing corporate sustainability commitments.• China’s policy shifts drive the first year-on-year decline in global solar additions,...
• Verra issues 18,326 CCP labeled credits under the newly approved VM0045 Improved Forest Management methodology using dynamic, data driven baselines.• The American Forest Foundation’s Central Appalachia project becomes the...
• Apple prepares for its next phase of climate and policy strategy as longtime sustainability chief Lisa Jackson retires in January 2026 after cutting companywide emissions by more than 60...
• EY appoints Alexis Gazzo to oversee its 4,300 person global climate and sustainability advisory team.• The move strengthens EY’s capabilities in reporting, assurance, decarbonization, biodiversity and nature risk, amid...
• Eiffel Energy Transition III reaches USD 1.40 billion, targeting up to USD 3 billion in cumulative deployment through recycling capacity.• More than 30 institutional investors back the fund, reinforcing...
• CalSTRS appoints a new director to guide its global sustainable investment portfolio and net zero strategy.• The role includes oversight of private climate solutions, corporate engagement and proxy voting.•...
• New UCITS fund applies quantitative resource efficiency methods to economies driving most global emissions and energy demand growth.• Three-year data programme standardises carbon, water, and waste metrics across emerging...
• Ninety percent of Austrian firms invested in 2025, outpacing the EU and shifting capital toward replacement and upgrades as uncertainty grows.• Nearly all firms have taken emission-reduction steps, with...
• Iberdrola begins its first Australian carbon removal project across 688 hectares on South Australia’s Eyre Peninsula.• Project Talia is expected to generate ACCUs under the national scheme, offering verified...
• Uzbekistan activates its first utility scale integrated solar and battery facility, advancing its 2030 goal of 54 percent renewable power.• Masdar’s expanding Central Asia portfolio now exceeds 2 GW,...
• USD 1.9 billion in global commitments announced at ADFW 2025, including USD 1.2 billion in new funding• Resource gap for GPEI 2022–2029 strategy drops to USD 440 million• Funding...
• Customer Avoided Emissions reach 694 million metric tons, exceeding Siemens’ own footprint for second year• Robust Eco Design now applied to 67 percent of relevant portfolio, supporting resource efficiency...
• Draft proposals would allow one environmental management system per company instead of site level reporting• Industrial facilities may no longer need climate transformation plans or disclosure of hazardous chemical...
• USD 80 billion in new overseas cleantech investments by Chinese firms in the past year• Total Chinese outbound green tech capital since 2023 now exceeds USD 180 billion• Expansion...
• Marian D’Auria will become Chief Sustainability Officer, succeeding Kathy Ryan and leading M&G’s sustainability strategy.• Brings experience across risk, industrial sectors, investment consulting and global sustainability roles, most recently...
Abu Dhabi Finance Week 2025 opened today on Al Maryah Island with a clear message: the next phase of global finance will be defined by AI, energy, and a fast-evolving...
• First ever commercial fusion power purchase agreement signed in Japan between Helical Fusion and Aoki Super• Agreement validates real-world demand for continuous, net-electricity fusion generation using the Helical Stellarator...
As global markets emerge from a turbulent COP30 and prepare for the 10-year anniversary of the Paris Agreement, one theme is cutting through the noise: climate strategy in 2026 will...
• USD 20 million over 2020–2030 to scale climate smart rice sourcing, reduce emissions and strengthen farmer livelihoods• Focus regions include the US, Europe, India, Pakistan and Thailand where rice...
• Italy awards Zelestra 60 MW across eight solar projects in the FER X auction, with 80 percent located in the country’s industrial north• Capacity comes alongside a 2 GWh...
• €5.2bn in EU ETS revenues channelled into three new 2025 Innovation Fund programmes• €2.9bn for net-zero technologies, €1.3bn for clean hydrogen auctions, €1bn for industrial process heat• Additional €1.765bn...