IFC and Iberdrola launched a new joint effort to promote the transition to clean and more efficient energy in several emerging markets, which includes a new IFC green and sustainability-linked...
Direct carbon pricing instruments, key policy to decarbonization, now cover almost a quarter of global greenhouse gas emissions, according to a new World Bank report Revenues from carbon taxes and...
Brazil can become a global clean energy power and save the Amazon Brazil is in a strong position to give its people a better life while also successfully confronting the...
The World Bank’s Board of Executive Directors approved a US$345 million loan that supports China’s global public goods agenda by promoting the greening of agriculture and rural development in Hubei...
The World Bank’s Board of Executive Directors approved a $150 million Development Policy Loan (DPL) for Panama, which will contribute to fostering low emission and sustainable growth while supporting enhanced...
Study emphasizes the need for adaptation effort and mitigation of unintended consequences as critical factors in achieving the European Green Deal goals As the world continues to grapple with climate...
Two new recently approved World Bank financed projects will help scale-up support to climate responsive public and private investments to promote job creation and business opportunities for women and help...
The World Bank and the Government of Romania, through the Ministry of Finance, signed a EUR 60 million loan, following its approval by the Bank’s Board of Directors on March...
Agencia EFE and the World Bank have agreed to a partnership to boost coverage of climate change, inclusion and education in Latin America and the Caribbean. The agreement aims to...
The World Bank’s Board approved a new US$100 million equivalent loan for the Armenia Green, Resilient and Inclusive Development Policy Operation (DPO). The operation supports the 2021-26 Program of the Government of...
The World Bank approved $82 million to support the Climate-Resilient and Inclusive Livelihoods Project (ProClimat Congo) in the Republic of Congo. The total amount includes a $70 million loan from...
The World Bank Group Board of Executive Directors yesterday approved a new Country Partnership Framework (CPF) for Egypt, laying out the World Bank Group’s strategy in the country for FY2023–2027. The...
The First Green Transition Programmatic Development Policy Loan was approved by the World Bank’s Board of Executive Directors, providing EUR 149.9 million (US$160 million equivalent) in support of Serbia’s bolstered efforts to...
The World Bank’s Board of Executive Directors approved financing support in the amount of $12 million for the Scaling Solar 2 Project for Uzbekistan. The Project will help expand the country’s capacity...
To support the decarbonization of Senegal’s industrial sector, IFC announced a partnership with Sococim Industries, Senegal’s largest integrated cement manufacturer, which will boost low-carbon cement production, create jobs, and help...
The World Bank (International Bank for Reconstruction and Development, IBRD) priced a five-year $50 million, principal protected Emission Reduction-Linked Bond that provides investors a return linked to the issuance of...
The Water Sector Governance and Infrastructure Support Project was jointly launched by the Honorable Minister of Water Supply, Abdul Khan and World Bank Country Director for Maldives, Nepal, and Sri Lanka,...
Rulemaking shift to 2026 The California Air Resources Board (CARB) announced it will delay the initial rulemaking for the new California climate disclosure laws SB 253 and SB 261 into...
• Harvard achieved a 32% absolute reduction in greenhouse gas emissions since 2006 despite a 14% campus expansion.• A new regional energy consortium led by Harvard and MIT will generate...
• New solar and wind projects in five European countries will add 650 MW of renewable capacity, mobilising over $600 million in financing.• The expansion supports Apple’s 2030 carbon neutrality...
• The 1.5 GW Khazna Solar PV project will supply electricity to around 160,000 homes and cut 2.4 million tonnes of CO₂ annually.• Part of EWEC’s strategy to expand Abu...
• Amazon’s Elkhart, Indiana facility integrates over 40 decarbonization and efficiency systems for real-world testing.• The site provides data for scaling low-carbon building materials and clean-energy systems across Amazon’s global...
• Brookfield to invest up to $5 billion in Bloom Energy’s fuel cell technology to power global AI factories.• Partnership marks Brookfield’s first deal under its dedicated AI Infrastructure strategy.•...
• McKinsey projects renewables could supply up to 67% of global power by 2050, but fossil fuels may still account for more than 40% of total energy use.• Alternative fuels...
• Stegra (formerly H2 Green Steel) seeks up to €975 million ($1.1 billion) in new financing to complete its Boden, Sweden, green-steel project.• The new capital will cover higher project...
• Less than 10% of climate finance reaches SMEs despite representing over 90% of global businesses.• The Impact Disclosure Taskforce’s SME Subgroup unveils a Whitepaper at Climate Week NYC offering...
EU Moves to Cut Scope of Sustainability Rules The European Parliament’s Legal Affairs Committee (JURI) voted on October 13 to approve sweeping reductions to two cornerstones of the European Green...
• Schroders now sources 100% of its electricity globally from renewable energy, meeting its RE100 commitment a year early.• The firm’s Horsham solar project generates 1.13 GWh annually, covering nearly...
Mercedes Pushes Decarbonization Beyond the Track The Mercedes-AMG Petronas Formula One Team confirmed it achieved 99% HVO100 biofuel coverage for its 2025 European race and marketing logistics, a milestone that...
• Moeve becomes the first third-party supplier to join Avelia, Shell Aviation’s blockchain-powered sustainable aviation fuel (SAF) book-and-claim platform.• The collaboration expands multi-supplier access to verified SAF credits, supporting decarbonisation...
• €5 billion investment through 2027 expands Google’s St. Ghislain data center and creates 300 new jobs.• 110 MW in new carbon-free energy deals with Eneco, Luminus, and Renner to...
• Climate Investor Two surpasses $1 billion target to become the largest adaptation infrastructure fund in emerging markets.• Backed by $190 million in new commitments and a €205 million EU...
Mexico City Launch Strengthens Legal Frameworks for Climate Action UK-based legal nonprofit The Chancery Lane Project (TCLP) has released 17 climate-aligned clauses adapted to Mexican law, making them available in...
• Four projects funded under the European Maritime, Fisheries and Aquaculture Fund (EMFAF) will advance regenerative ocean farming and marine innovation.• Initiatives span Spain, Italy, Portugal, and Ireland, developing large-scale...
• India’s Central Electricity Authority unveils 6.4 trillion rupee ($77 billion) plan to transmit 76 GW of hydro power from the Brahmaputra basin by 2047.• The basin, spanning eight northeastern...
• The US has threatened sanctions on countries supporting an EU-backed global framework to cut shipping emissions.• The IMO proposal would introduce the first global pricing mechanism for maritime emissions,...
Airbus Targets Deep Emissions Cuts Across UK Operations Siemens has signed a strategic contract with Airbus to decarbonize three of the aerospace manufacturer’s largest industrial sites in the United Kingdom...