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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A Guide to EU CSRD Reporting and Compliance

Reading Time: 7 minutes Firstly, what is the CSRD? The Non-Financial Reporting Directive (NFRD), which is currently in effect and affects roughly 12,000 organisations in the EU region, will be improved and replaced by the Corporate Sustainability Reporting Directive (also known as CSRD). Reading Time: 7 minutes The new CSRD covers a much broader range of […]

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Prioritizing sites to manage invasive aliens in urban ecosystems – The Applied Ecologist

Shortlisted for the Georgina Mace Prize 2022 In their latest research article, Luke Potgieter and colleagues developed a strategic, spatial prioritization approach for identifying sites most vulnerable to new or expanding terrestrial non-native plant invasions in urban landscapes. Cities have historically been under-studied in ecology and have not seen sufficient development of conservation and biodiversity […]

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EdgeConneX Successfully Executes $3.3 Billion in Innovative Sustainability-linked Financing

The historic transactions leverage EdgeConneX Green Financing Framework, enabling the development of critical digital infrastructure to support customers’ global requirements   The significant scale of the combined deals earned EdgeConneX the Digital Infrastructure Deal of the Year Distinction by IJ Global EdgeConneX, the pioneer in global Hyperlocal to Hyperscale Data Center Solutions, announces the successful execution […]

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EnBW and Investors to Commit €2.4 Billion for Offshore Wind Farm

Final investment decision made 960-megawatt major project to be realized without state subsidies as one of the world’s first zero-cent bids in an offshore auction Investment volume of approximately €2.4 billion Consortium consisting of Allianz Capital Partners, AIP and Norges Bank Investment Management acquires 49.9% Yesterday’s final investment decision clears the way for the start […]

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Japan’s Cosmo To Allocate $3.2 Billion for Green Energy Initiatives in Next 3 Years

30% to be allocated to green power and energy such as sustainable aviation fuel The company has set a goal of a cumulative payout ratio of at least 60% for the next three years vs. 22% in the past five years “We expect domestic demand for petroleum products will keep falling 2-3% a year and […]

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Climate change making Earth ‘uninhabitable’ Guterres warns

He laid down the challenge to governments worldwide, to make 2023 a year of “transformation, not tinkering” when it comes to seriously addressing climate change, with meaningful climate action. ‘Closer to the brink’ “Every year of insufficient action to keep global warming below 1.5 degrees Celsius drives us closer to the brink, increasing systemic risks and […]

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Multiple incentives to harvest can increase the extinction risk of rare species – The Applied Ecologist

Ryan Almeida talks us through recent research on extinction risk with Juan Bonachela and Julie Lockwood. Through a case study on the ground pangolin, or the Smutsia temminckii, the study uses models to consider rare species extinction risk and the rate at which overexploitation occurs. The economics of exploitation Overexploitation, the unsustainable harvest of species […]

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