The Green Climate Fund (GCF) has approved a significant $686.8 million investment across 11 projects, bringing the total climate action commitment to $1.5 billion when combined with co-financing. This new funding will benefit 115.5 million people across 42 countries, helping mitigate 45.3 million metric tonnes of CO₂ emissions. Key Focus Areas: Climate Resilience, Forestry, and […]
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Australia has launched a bold initiative to position itself as a leader in the green iron and low-carbon steel sectors, with the unveiling of a A$1 billion ($636 million) Green Iron Investment Fund. This investment is part of the country’s broader effort to decarbonize the steel industry, stimulate economic growth, and protect local jobs, especially […]
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Climate Fund Managers (CFM) has launched a new initiative, the Climate Investor Three (CI3) fund, aimed at accelerating the energy transition and green hydrogen projects in emerging markets. With an initial €150 million in commitments, CI3 seeks to harness both public and private sector investments to drive large-scale climate solutions, particularly in Namibia and South […]
Continue ReadingThe expert group on climate change policy (CCEG) meets in different formations, depending on the meeting agenda, including one focussing on aviation. The CCEG aviation formation currently consists of representatives from the authorities of Member States’ and EEA-EFTA States. Following the call for additional members launched in 2023, the formation also includes associations representing industries, sectors and solution […]
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Canada is set to launch its third green bond this week, marking a significant milestone in the country’s ongoing efforts to fund sustainable projects and meet its ambitious climate goals. The bond issuance follows a highly successful $4 billion green bond launched in February 2024, which saw an additional $2 billion reopening in October. Investor […]
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Terra CO2, a U.S.-based innovator in low-carbon building materials, has successfully raised $82 million in Series B funding to scale its sustainable cement technology. Co-led by strategic partners Just Climate, Eagle Materials, and GenZero, along with support from Breakthrough Energy Ventures (BEV) and additional industry stakeholders, this investment will propel Terra’s OPUS technology into commercial […]
Continue ReadingAs sustainability becomes a core focus across industries, the terms “carbon credits” and “carbon offsets” often come up in conversations about reducing greenhouse gas emissions. For sustainability managers, understanding the differences and strategic uses of these mechanisms is critical to achieving environmental goals while meeting regulatory and stakeholder expectations. Here’s what you need to know.
Continue ReadingSi-Chong Chen (@SichongChen), Wuhan Botanical Garden of the Chinese Academy of Sciences, discusses her article: Large seeds as a defensive strategy against partial granivory in the Fagaceae Imagine you are an acorn. You’re packed with nutrients and a perfect meal for animals like squirrels and birds. But you’re not just food; you’re also a seed […]
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Hyundai Motor Group has set a new benchmark in sustainable energy with the launch of the world’s largest waste-to-hydrogen plant, a cutting-edge facility that transforms food waste and sewage sludge into clean hydrogen fuel. The plant, located in Chungju, South Korea, has the capacity to produce more than 30,000 tons of hydrogen annually, contributing significantly […]
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ONGC NTPC Green Private Limited (ONGPL) has taken a significant step towards expanding its renewable energy portfolio with the acquisition of Ayana Renewable Power for INR 195 billion ($2.3 billion). This strategic deal, marking ONGPL’s first acquisition, aligns with India’s ambitious renewable energy goals, including achieving 500 GW of renewable capacity by 2030 and net-zero […]
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