US-based asset manager Invesco has launched a fund which will support climate change adaption efforts in emerging markets and developing economies. The fund aims to mobilise private and public capital to accelerate the scale-up of infrastructure and adaption solutions. It will invest in public and private placement bonds in developing countries with proceeds tilted towards […]
Renewables developer Solarpack announced energy purchase agreements with Meta, enabling the construction of two new solar projects in Indiana, totalling 210 MW. Meta has set a target to reach net zero emissions across its value chain by 2030, and is one of the largest corporate buyers of renewable energy. The company achieved its goal to […]
Microsoft and nature-based climate solutions startup re.green announced one of the largest-ever carbon removal agreements, with Microsoft purchasing 3 million tons of carbon removal credits over a 15-year period, generated through re.green’s reforestation projects in Brazil. The deal marks the second large-scale Brazil reforestation-focused carbon removal agreement for Microsoft, following a 1.5 million ton offtake […]
Ocean sustainability solutions-focused private equity growth firm Ocean 14 Capital (O14C) announced today that it has raised €201 million for its impact fund Ocean 14 Capital Fund I. Recent investors in the fund include global food and beverage company Nestlé, private equity investor HQ Capital and The Green Earth Impact Fund managed by Schroders and […]
Zurich-based Direct Air Capture (DAC) company Climeworks announced the start-up of Mammoth, the largest direct air capture plant in the world to date, with anticipated capability to remove up to 36,000 tons of CO2 per year from the atmosphere for permanent underground storage. The company described the milestone as part of its goal to achieve […]
The North Yorkshire Council Pension Fund has recently committed nearly €234m to support environmentally sustainable investments. This move is part of the fund’s ongoing strategy to focus on green initiatives. The investment has been made into the Border to Coast Pensions Partnership Climate Opportunities Fund, which is a significant step towards diversifying the fund’s portfolio […]
Green hydrogen startup Hysata announced today that it has raised $111 million in a Series B funding round, with proceeds from the financing aimed at advancing its electrolyzer technology and expanding production. Hydrogen is viewed as one of the key building blocks of the transition to a cleaner energy future, particularly for sectors with difficult […]
Food and beverage giant PepsiCo announced today that its beverage plant in Northern Spain aims to become the company’s first plant globally to reach net-zero emissions by 2025. According to PepsiCo, the new achievement follows investments of €27 million (USD$29 million) dedicated to innovation and sustainability projects in the plant over the past five years, […]
International banking group Standard Chartered announced today a new commitment to set a science-based target by 2025 to reduce financed methane emissions from the oil and gas sector. Rapid reduction in methane emissions is seen as one of the most effective near-term actions that can be taken to help achieve the global climate goal to […]
Sustainability advisory firm ERM announced today the launch of ERM Climate Markets, a new business aimed at helping companies investing in carbon credits to address their unabated greenhouse gas emissions and achieve decarbonization goals. The new business line comes as demand for carbon offset projects and related credits is expected to increase significantly over the […]
More than a third of companies in the S&P 500 have monetary incentives in place linked to company emissions reduction, although a lower proportion have climate-related compensation incentives for senior executives, and even fewer at the top executive ranks, according to a new study released by S&P Global. The study, which included data from the […]
Snacking, food, and pet care products provider Mars announced today the launch of “Moo’ving Dairy Forward,” a new initiative aimed at reducing the carbon footprint of its dairy sourcing, backed by $47 million of investment over three years. The new initiative follows the launch by Mars last year of a series of new climate-related goals, […]
Climate Change Anxiety Meets Investment Apps Remember the Great Recession? Millennials do. They were just entering their formative years when the global financial system imploded, leaving a deep scar of economic insecurity. This wasn’t some distant news story; it directly impacted their families, education and overall sense of stability.
Better Ventures ist ein Münchner Wagniskapitalgeber, der von Tina Dreimann, Cedric Duvinage und Christoph Behn 2020 gegründet wurde. Als Impact-Angel-Club von GründerInnen für GründerInnen aufgesetzt, investiert der VC insbesondere in Impact-Startups, also in skalierbare Geschäftsmodelle, die Lösungen für soziale oder ökologische Probleme bieten. Der Fokus liegt dabei auf frühphasigen Startups. Aus München hat Better Ventures […]
Boston Consulting Group (BCG) and low carbon solutions provider World Energy announced today a new 5-year agreement for the purchase by BCG of sustainable aviation fuel certificates (SAFc) as part of the company’s efforts to achieve its net zero climate goals. The agreement marks BCG’s largest SAFc purchase to date, and is expected to deliver […]
