China has rolled out a pilot program aimed at channeling global capital into its green economy through foreign debt financing. The initiative, launched by the State Administration of Foreign Exchange...
E.ON is launching the New Energy Academy, a free educational program designed to inspire and equip students with the skills to lead in the green economy. Why it matters: The...
In recent years, leaders in climate-vulnerable countries have reinforced the call for urgent climate action: earlier this year through the Bridgetown Initiative 3.0 and the Vulnerable 20 (V20) Ministerial Dialogue...
The Commission welcomes an agreement between the European Parliament and the Council on the most ambitious and comprehensive reform of the EU’s economic governance framework since the aftermath of the...
The European Investment Bank Group signed a record amount in new financing for renewables, efficiency, storage and grids in 2022, highlighting the EU bank’s unwavering commitment to ensure access to...
The European Commission and the European Bank for Reconstruction and Development (EBRD) have signed an InvestEU guarantee agreement worth up to €450 million. The agreement will unlock EBRD finance of up...
Puro.earth has raised €11 million ($12 million) in Series B financing to accelerate the scale-up of engineered carbon removal. The round was led by Nasdaq, with participation from Fortum Innovation...
Canada has committed $2.5 million to Ottawa-based TerraFixing to advance its direct air capture (DAC) technology, designed specifically for northern climates. The funding comes from the Energy Innovation Program and...
The Science Based Targets initiative (SBTi) has opened consultation on its draft Power Sector Net-Zero Standard, inviting stakeholders across industry, finance, and policy to help shape the framework that will...
Brazil’s national development bank, BNDES, has launched one of its largest public investment initiatives in nearly a decade, committing R$10 billion in variable income through 2025. Of this, R$5 billion...
dsm-firmenich has met its goal of sourcing 100% of purchased electricity from renewable sources, completing the target months ahead of its 2025 deadline. The achievement is part of the company’s...
A federal judge in Texas has pressed pause on the state’s latest bid to rein in the use of environmental, social and governance considerations in corporate proxy advice, dealing a...
ENGIE North America has signed an agreement with Prometheus Hyperscale to develop a new wave of sustainable, liquid-cooled data centers in Texas. The centers will be located at select ENGIE...