Impact News

American Airlines Signs Deal for 100 Hydrogen-Powered Engines from ZeroAvia

American Airlines Signs Deal for 100 Hydrogen-Powered Engines from ZeroAvia

American Airlines announced that it has entered into a conditional purchase agreement with hydrogen-electric aviation solutions startup ZeroAvia for 100 engines that can power regional jet aircraft with zero inflight emissions save for water vapor. Additionally, American Airlines announced that it has increased its investment in ZeroAvia through participation in its Series C financing round, […]

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Google Asks Large Suppliers to Commit to 100% Renewable Energy as Emissions Continue to Rise

Google Asks Large Suppliers to Commit to 100% Renewable Energy as Emissions Continue to Rise

Google announced that it has implemented a new program, Google Renewable Energy Addendum, asking its largest hardware manufacturing suppliers to commit to achieving a 100% renewable energy match by 2029, marking one of the company’s initiatives to address its carbon footprint, which continues to increase, driven by its value chain and data center growth. The […]

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Climate Tech Startup Aether Fuels Raises $34 Million to Develop Clean Fuels for Aviation and Shipping

Climate Tech Startup Aether Fuels Raises $34 Million to Develop Clean Fuels for Aviation and Shipping

Climate tech startup Aether Fuels announced that it has raised $34 million in a Series A financing round, with procceds aimed at accelerating the scale-up of the company’s sustainable fuel technology for the aviation and ocean shipping industries. Established in 2022 as a spin-out of Temasek’s deep-tech early stage investment platform Xora Innovation, Aether provides […]

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VC Investor Seaya Raises €300 Million for New Climate Tech Startup Fund

VC Investor Seaya Raises €300 Million for New Climate Tech Startup Fund

Spanish VC firm Seaya announced today that it has raised €300 million (USD$ 321 million) at the close of Andromeda climate tech fund at €300 million (USD$321 million), aimed at investing in impact-driven growth companies specializing in energy transition, decarbonization, sustainable food value chain, and circular economy. Seaya is one of few female-founded venture capital […]

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Google, BlackRock Partner on Solar Energy Development in Taiwan

Google, BlackRock Partner on Solar Energy Development in Taiwan

Google and BlackRock announced today a new clean energy-focused partnership in Taiwan, with Google investing into solar developer and BlackRock portfolio company New Green Power (NGP), and sourcing renewable energy from its solar pipeline to power its data centers and facilities in the region. According to the Taiwan Ministry of Economic Affairs, Taiwan, which currently […]

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Visualized: The Price of Carbon Around the World in 2024

Visualized: The Price of Carbon Around the World in 2024

Carbon Prices, By Region In 2017, the Carbon Pricing Leadership Coalition suggested that carbon prices should range from $50–100/tCO2 by 2030 to meet the Paris Climate Agreement’s temperature goal. Fast forward to 2024, the global average carbon price is $32/tCO2—$18 short of the minimum that is needed in six years. Carbon pricing varies significantly across […]

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ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: ISSB moves to standardize reporting on climate transition plans, GHG emissions; ISO to launch global net zero standard; Switzerland proposes major expansion in sustainability reporting requirements; Deloitte survey finds nearly all C-suite execs want compensation tied to human sustainability metrics; Bloomberg launches sustainability data and reporting tools for investors; Canada […]

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EU richtet 650 Milliarden Euro teures „Climate City Capital Hub“ ein, um 112 Städten dabei zu helfen, bis 2030 Klimaneutralität zu erreichen

EU richtet 650 Milliarden Euro teures „Climate City Capital Hub“ ein, um 112 Städten dabei zu helfen, bis 2030 Klimaneutralität zu erreichen

Neues „Climate City Capital Hub“ soll EU-Städte beim Erreichen ihrer Klimaziele unterstützen. Damit 650 Städte bis 112 ihre Klimaneutralität erreichen, sind Investitionen in Höhe von 2030 Milliarden Euro nötig. Die EIB stellt 2 Milliarden Euro für Klimaprojekte von Städten bereit.

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Circular Economy Startup Samsara Eco Raises $65 Million to Scale Up “Infinite Recycling” Tech

Circular Economy Startup Samsara Eco Raises $65 Million to Scale Up “Infinite Recycling” Tech

Australian environmental technology startup Samsara Eco announced today that it has raised A$100 million (USD$65 million) in a new funding round. The company will use the funds to scale its enzymatic recycling capabilities, with new commercial facilities to be built in Southeast Asia in the next few years. Launched in 2021, Samsara Eco provides solutions […]

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Lufthansa Raises Fares to Cover Costs of New Climate Regulations

Lufthansa Raises Fares to Cover Costs of New Climate Regulations

The Lufthansa Group announced today the introduction of a new Environmental Cost Surcharge to its fares, passing the cost associated with meeting growing environmental regulations on to customers. The surcharge applies to all flights sold and operated by the Lufthansa Group departing from the 27 EU countries as well as the UK, Norway and Switzerland […]

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Volkswagen Invests $5 Billion in Rivian to Develop Technology for Next Generation of Electric Vehicles

Volkswagen Invests $5 Billion in Rivian to Develop Technology for Next Generation of Electric Vehicles

Automotive giant Volkswagen Group and electric vehicle producer Rivian announced today plans to launch a new joint venture, aimed at developing next-generation electrical architecture and software technology to be used in each of the companies’ electric vehicles. As part of the new transaction, Volkswagen announced that it will invest $5 billion into Rivian, including $3 […]

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Cleantech Startup Aikido Raises $4 Million for Low Cost Floating Offshore Wind Solution

Cleantech Startup Aikido Raises $4 Million for Low Cost Floating Offshore Wind Solution

Floating offshore wind technology startup Aikido Technologies announced that it has raised $4 million in a Seed series investment round, with proceeds to be used to build its team and develop, and for the development of a new offshore pilot project. Floating wind technology can be installed in deeper waters than fixed wind turbines, allowing […]

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APG Invests $400 Million in U.S. Renewable Energy and Storage Developer Doral Renewables

APG Invests $400 Million in U.S. Renewable Energy and Storage Developer Doral Renewables

Pension investment firm APG announced today a $400 million investment in U.S. renewable energy and storage developer Doral Renewables, aimed at accelerating the development and construction of Doral’s renewable energy pipeline. Based in Philadelphia, Doral Renewables is an Independent Power Producer (IPP), partnering with U.S. farm communities to build large-scale, greenfield projects to advance the […]

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