Toivo Group Receives €60 Million Financing From EIB for Energy-Efficient Buildings

Toivo Group Plc and the European Investment Bank (EIB) have signed a €60 million green loan to finance 19 development projects for high energy performance residential buildings. The agreement will support the construction of over 700 apartments in Finland, mainly in the Helsinki region but also in the Tampere and Turku regions. The projects will provide […]

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Cover stories (111:03): The mysterious process of Mistletoe germination

The cover image for our March issue shows twin seedlings of mistletoe (Viscum album) established on a branch of apple (Malus domestica), the parasite’s most frequent British host. This image relates to the Biological Flora of Britain and Ireland: Viscum album, by Peter Thomas et al. Here, co-author Jonathan Briggs tells us the story behind the image: The germination […]

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U.S. Renewable Generation Surpassed Coal

U.S. renewable energy generation surpassed coal and nuclear electric power for the first time. Solar and wind renewable sources have surpassed coal in energy generation in the U.S. for the first time in 2022, the U.S. Energy Information Administration (EIA) announced. According to the press release: “Last year, the U.S. electric power sector produced 4,090 […]

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J.P. Morgan Appoints Alex Bell as Partner in Sustainable Growth Equity Team

Bell to deepen climate solutions expertise and expand reach in European markets Hire completes one of the most diverse leadership teams in growth equity industry Alex Bell J.P. Morgan Private Capital announced the appointment of Alex Bell as a Partner of its Sustainable Growth Equity (SGE) platform, bringing close to two decades of private equity experience with […]

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Volkswagen Appoints Dirk Voeste as New Chief Sustainability Officer

Dirk Voeste to head up the Volkswagen Group’s Sustainability unit from April 1, 2023           Former Head of Sustainability Ralf Pfitzner leaving the company on his own request           Independent Sustainability Council to be realigned with a focus on digital and sustainable transformation           CEO Oliver Blume: “Climate change is one of the major challenges […]

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EU reaches new milestone to make all new cars and vans zero-emission from 2035

The agreement, which was reached by the European Parliament and Council in October of last year, can now enter into force following the formal approval of both co-legislators. This milestone marks the first step in the adoption of the ‘Fit for 55’ legislative proposals presented by the Commission in July 2021 to deliver the European […]

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239 applications competing for EUR 3 billion from the third call for large-scale projects

The European Commission has received 239 applications from innovative clean tech projects, in response to the third Innovation Fund call for large-scale projects. The project proposals applying to four different topics will now compete for a total call budget of €3 billion. The Innovation Fund budget comes directly from the EU’s Emissions Trading System (ETS). […]

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What is the real impact of eco-tourism on the environment? – The Applied Ecologist

In this blog post, Andrew Torsney and Yvonne Buckley share findings from their latest research aiming to better understand and identify the drivers of tourism-related impacts on the environment. As we increasingly recognize the ancillary benefits of nature, such as improved mental health, the demand for access to nature is rising. While this presents potential […]

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InvestEU Approves €150 Million to Support Green Mobility and Energy

More than €1.1 billion in finance to be mobilized in sustainable projects, supported by €150 million in InvestEU guarantees Under the InvestEU program, the European Bank for Reconstruction and Development (EBRD) and European Commission work together to help various EU countries in reaching their full green potential New investments to boost green and sustainable projects […]

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Auctioning tentatively to start in July 2023

In December 2022, the European Parliament and the Council reached an agreement on financing additional actions under REPowerEU. Of the additional EUR 20 billion in grants, EUR 8 billion will be financed through anticipating the Member States’ auctioning of emission allowances and EUR 12 billion from the resources of the Innovation Fund. These allowances shall, […]

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