Recently elected Prime Minister Keir Starmer unveiled a new climate target today, committing to cut UK greenhouse gas (GHG) emissions by 81% by 2035, on a 1990 basis. The new target, announced at the COP29 climate conference in Baku, Azerbaijan, raises the UK’s climate ambition from the 78% target set under Prime Minister Boris Johnson […]
Climate research provider and environmental disclosure platform CDP and the European Financial Reporting Advisory Group (EFRAG) announced today that they have achieved a high degree of commonality and interoperability between CDP’s disclosure platform and the EU’s recently adopted European Sustainability Reporting Standards (ESRS). The organizations added that they will continue to work together to further […]
A Dutch appeals court issued a ruling in Shell’s favor, reversing a landmark 2021 ruling holding the company responsible for greenhouse gas (GHG) emissions resulting from its customers’ use of its products, and ordering the company to dramatically reduce emissions by the end of the decade. In a statement following the ruling, Friends of the […]
Das Berliner PropTech-Unternehmen KUGU um die beiden Geschäftsführer Christopher von Gumppenberg und Niko Mikac, startet mit dem erfolgreichen Abschluss einer Series-A-Finanzierungsrunde über 8,5 Millionen Euro in das wichtige vierte Quartal. Als neue Investoren und Gesellschafter konnten Tengelmann Ventures, Gewobag ID sowie die Branchenexperten Michael Lowak (ehemaliger CEO Germany G+E GETEC Holding GmbH) und Axel Müller […]
Temasek-owned decarbonization solutions-focused investment platform GenZero and global commodities trading company Trafigura announced today a commitment to invest more than $100 million in Brújula Verde, a nature-based project in Colombia anticipated to produce high-integrity carbon removal credits, by restoring land degraded by intensive agricultural activities and fires. Located in Orinoco River Basin, the Brújula Verde […]
The government of Brazil announced today a new climate goal, targeting a 59% – 67% reduction in economy-wide greenhouse gas (GHG) emissions by 2035, on a 2005 basis, and highlighted key progress in the fight against deforestation, which it said has decreased by nearly a third over the past year. The new decarbonization goal, to […]
This week in ESG news: Canada to require oil & gas industry to slash emissions; California’s climate reporting law survives legal challenge; Mizuho invests in climate solutions provider Pollination; new clean energy deals signed by H&M, Meta, Saint-Gobain; incoming EU finance Commissioner calls for sustainable investment labels, reduced SFDR reporting burden; UAE to invest $54 […]
Green finance-focused not-for-profit organization NatureFinance announced today the launch of NatureAlign, a new tool designed to help financial institutions assess and progress on their alignment with nature-positive outcomes through the lens of the Biodiversity Plan (formerly the Kunming-Montreal Global Biodiversity Framework (GBF)). The first module of NatureAlign will help private financial institutions, from asset managers […]
Aviation electrification company Archer announced a new agreement with Japan Airlines (JAL) and Sumitomo Corporation air mobility-focused joint venture Soracle, including an intended purchase of up to 100 electric aircraft for approximately $500 million. The agreement follows the launch earlier this year by JAL and Sumitomo of Soracle, aimed at establishing an electric vertical take-off […]
Construction materials and services company Saint-Gobain announced today that it has signed a 20-year renewable Power Purchase Agreement (PPA) with Quebec-based clean energy company Boralex, to provide wind and solar-based energy for Saint-Gobain’s industrial operations in France from three new renewable energy projects. According to the company’s the new agreement will enable two solar power […]
Die Meag investiert für mehrere institutionelle Investoren in eine Anleihe der Hamburger Hochbahn. Mit dem Kapital will das Verkehrsunternehmen den öffentlichen Nahverkehr weiter ausbauen.
Studie von bulwiengesa zeigt enormes Potenzial für Nachverdichtung in Wohnsiedlungen der 50er und 60er Jahre.
BETA Technologies, an electric aerospace company based in Vermont, announced that it has raised $318 million in Series C equity capital. The funding will enable the eight-year-old sustainable aviation company to support continued production, certification, and commercialization of its electric-powered aircraft, as well as of its charging systems and growing infrastructure network. BETA plans to […]
ZE Energy, a Paris-based developer of photovoltaic power plants and energy storage solutions, announced that it had raised €54 million (USD $57.8 million), with proceeds aimed at supporting the continued expansion of its products and services throughout Europe. Founded in 2019, ZE Energy develops, builds and operates hybrid photovoltaic power plants with energy storage, and […]
The UAE will invest up to AED200 billion (USD$54.5 billion) in order to meet its targets to significantly increase clean energy capacity and production over the next several years and to progress towards its 2050 climate goals, according to a statement by Suhail Al Mazrouei, Minister of Energy and Infrastructure.
