Comcast Issues $1 Billion Green Bond to Fund Clean Energy, Infrastructure Projects

New solar and wind power purchases, energy efficiency investments, and green building construction among eligible bond allocations to support sustainable business Proceeds will go to new solar and wind power purchases, energy efficiency investments and green building construction Comcast aims to be carbon neutral by 2035 The firm’s inaugural green bond offering was largely underwritten […]

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BBVA Participates in Carbonplace’s $45 Million Financing Round

The global carbon credit trading platform Carbonplace has raised 45 million dollars in a seed funding round and has been incorporated as its own entity. BBVA, one of the nine founding banks, has participated in this round and has appointed its Head of Carbon Markets at BBVA Corporate & Investment Banking, Ingo Ramming, as a representative on […]

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Editor’s Choice (111:02): Loss of N fixing linked to increased deposition

The editor’s choice for our February issue is “Loss of nitrogen fixing capacity in a montane lichen is linked to increased nitrogen deposition” by Peter Crittenden et al., which is part of a Special Feature on ‘Leveraging Natural History Collections to Understand the Impacts of Global Change‘. Here, Associate Editor Frank Gilliam discusses the importance […]

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EU Commission Approves €1.36 Billion to Compensate Companies in Greece for Indirect Emission Costs

Compensation will help offset impact of carbon prices on electricity generation costs incurred from 2021 to 2030 Eligible companies will receive partial refund of indirect emissions costs Maximum aid per beneficiary will generally be 75% of costs incurred The European Commission has approved, under EU State aid rules, a Greek scheme to partially compensate energy-intensive […]

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EverWind Gets Approval for First Industrial-Scale Green Hydrogen Facility in North America

EverWind Fuels, Point Tupper, Nova Scotia, Canada (CNW Group/EverWind Fuels Company) EverWind Fuels Company has received Environmental Approval for the initial phase of its $6 billion, 1 million tonnes per annum green hydrogen and green ammonia project located in Point Tupper, Nova Scotia. The approval was issued by the Honourable Timothy Halman, Minister of Environment and Climate […]

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Commission launches market testing survey for the future operation of the EU ETS Innovation Fund

The survey will remain open until 7 March 2023. DG Climate action launched a market-testing survey, to consult a wide range of stakeholders on key features of the future Innovation Fund and to establish an appropriate portfolio of support instruments that will best meet the market needs. The survey comes in a moment when the […]

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In 2022 BBVA Channeled €50 Billion into Sustainable Business, a 41% Increase

In 2022, BBVA channeled €50 billion into sustainable business, up 41% from the €35.4 billion mobilized in 2021. The bank has now channeled a total of €136 billion since 2018, when it announced its sustainable business mobilization target through 2025. That target, set initially at €100 billion, was trebled in October 2022 to €300 billion, thanks […]

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Linde to Invest $1.8 Billion to Supply Clean Hydrogen to OCI’s Texas Plant

Linde will supply OCI by sequestering more than 1.7 million metric tons of CO2 emissions each year Linde will build, own and operate an on-site complex which will include autothermal reforming with carbon capture, plus a large air separation plant Project expected to start up in 2025 Linde announced that it has signed a long-term […]

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Acre Appoints Gloria Mirrione as Head of Sustainable Finance & Impact Investing in U.S.

Acre, a sustainability-focused recruitment and executive search firm, has announced the addition of Gloria Mirrione as Head of Sustainable Finance & Impact investing, Americas. Based in New York, Gloria is driving Acre’s growth in sustainable finance & impact investing in the U.S. Gloria has extensive background in guiding c-suite executives across financial services to integrate […]

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Altus Power Announces the Appointment of Sophia Lee as Chief Sustainability Officer

Altus Power, Inc., the premier independent developer, owner and operator of commercial-scale solar facilities, announced the appointment of Sophia Lee as its Chief Sustainability Officer, in addition to her current role as the Company’s Chief Legal Officer. “Sophia’s dedication to formalizing our firm-wide commitment to sustainability practices and her determination to embed environmental, social and […]

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