Impact News

Technology giant Microsoft on Wednesday announced the purchase of 234,000 Rainforest Restoration Carbon Removal Credits from Mexico-based Toroto, a company that develops projects to enhance and restore ecosystems and reduce the impact of climate change. The nature-based carbon credits were generated by a project removing atmospheric carbon dioxide in the state of Campeche, in the […]

Die nachhaltige Transformation von Wirtschaft und Gesellschaft erfordert innovative Finanzierungsansätze. Impact Investing hat sich als wesentliche Lösung etabliert, um positive soziale und ökologische Veränderungen zu bewirken.

Low carbon biofuels producer Harvestone Low Carbon Partners (HLCP)announced that it has closed a $205 million tax equity financing with Bank of America to support its North Dakota-based biofuel carbon capture and storage project, marking the first financing of its kind since the passage of the Inflation Reduction Act (IRA).

Battery manufacturer Northvolt announced today plans to scale back its workforce and exit a battery materials production site, following challenges the company is facing in ramping up its ambitious gigafactory buildout plans, and citing a “challenging macroeconomic environment.” The announcements form the initial outcomes from Northvolt’s strategic review, launched by the company in July. Founded […]

The Asian Development Bank announced the approval of a new roadmap aimed at helping the bank scale up support for key challenges facing Asia and the Pacific, including a new commitment to reach more than $100 billion in cumulative climate finance from 2019 to 2030, and for climate finance to reach 50% of its total […]