16-Out-2030
Hospitality sector launches sustainable procurement alliance
Several organisations have launched the Hospitality Alliance for Responsible Procurement (HARP) to accelerate collaboration on sustainability in the industry.
16-Out-2030
CIP banks EUR 1b for renewables spending spree
Copenhagen Infrastructure Partners (CIP) has reached final close for a renewables infrastructure fund with commitments of EUR 1 billion, plus co-investments.
16-Out-2030
TCFD: largest corporations back climate disclosure
However, only a handful of corporates have fully embraced climate risk reporting best practices, the TCFD says in a new report.
16-Out-2030
GE Vernova to supply turbines for 1.7GW Chinese plant
GE Vernova and Chinese equipment manufacturer Harbin Electric have secured orders for a 1.7GW gas-fired power plant in Zhejiang province that will help to reduce emissions in the city of Zhoushan by 60%.
16-Out-2030
CDM approves first hydrogen methodology
The Clean Development Mechanism (CDM) Executive Board approved a methodology for emission reduction through hydrogen production with renewable energy, developed by the Research Institute of the China Hydrogen Alliance.
16-Out-2030
Ireland lays out plans for EUR 100b sovereign wealth fund
Ireland laid out plans to use some of the healthiest public finances in Europe to build a EUR 100 billion sovereign wealth fund, with some focus on climate.
16-Out-2030
SBTi launches draft interim 1.5°C pathway for automakers
The Science Based Targets initiative (SBTi) has unveiled a new draft pathway for automakers to set near- and long-term targets to cut their emissions.
16-Out-2030
Masdar, partners to develop 10GW Egyptian wind project
Abu Dhabi-based energy company Masdar and its partners have signed an agreement with Egypt to build a 10GW wind project.
16-Out-2030
Google releases mapping, emissions reduction tech
Google has released a number of new technologies meant to improve transportation and energy efficiency, among other climate-related benefits.
16-Out-2030
UK solar fund secures GBP 600m in investor commitments
NextPower, the UK solar arm of NextEnergy Capital, has secured GBP 600m in commitments from investors.
16-Out-2030
JSE, Xpansiv launch VCM offer in South Africa
The Johannesburg Stock Exchange (JSE), in collaboration with Xpansiv, has launched a new voluntary carbon market in South Africa.
16-Out-2030
MCFA launches second clean cooking funding round
The financing program Modern Cooking Facility for Africa (MCFA) has announced that it will open a second funding round.
16-Out-2030
HSBC launches climate technology ETF on Nasdaq
The HSBC Nasdaq Global Climate Tech UCITS ETF, listed on the London Stock Exchange, will track the Nasdaq CTA Global Climate Technology Index to offer investors broad exposure to the climate technology ecosystem.
16-Out-2030
Indian banks assess carbon risk of loan book
India's largest banks have begun to audit their own and borrowers' carbon footprint as they try to mitigate financial risks amid growing pressure from regulators and investors on ESG reporting.
16-Out-2030
World Bank approves green reforms, appeals for funds
The World Bank has officially expanded its mission to include climate change, while pushing ahead with reforms that could unlock additional funding and cheaper loans for green projects. In his first major speech since taking office, President Ajay Banga said a set of measures to stretch its balance sheet could allow the bank to increase lending by up to $15.7 billion a year.
16-Out-2030
ExxonMobil to merge with Pioneer Natural Resources
Oil giant ExxonMobil agreed to buy the shale group Pioneer Natural Resources for $59.5bn in a deal that places a vast bet on a future for fossil fuel production.
16-Out-2030
Marubeni pledges to invest GBP 10b in UK clean energy
Marubeni Corporation has entered into an agreement with the UK Government to cooperate on GBP 10 billion of investments into clean energy projects.
16-Out-2030
easyJet partners with Airbus on carbon removal
easyJet has become the world's first airline to ink a deal with Airbus for its carbon removal initiative.
16-Out-2030
Canadian Alliance for Net-Zero Agri-food launches
A group of agriculture and food companies is launching a national alliance to work toward achieving net zero in Canada's agri-food sector by 2050.
16-Out-2030
Macquarie seeks USD 11b for Asia-Pacific infrastructure
Macquarie Asset Management is in talks with investors to raise as much as USD 11.5 billion for a trio of funds dedicated to Asia-Pacific infrastructure, global renewables and energy transition.