BERLIN, March 21 — Germany has earmarked €100 billion from its newly approved €500 billion infrastructure and defense fund to accelerate its climate and energy transition efforts. This major investment aligns with Germany’s ambition to achieve climate neutrality by 2045. The initiative comes after intense negotiations, with the Green Party pushing for a significant climate […]
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Minister for Agriculture, Food and the Marine, Martin Heydon TD, has announced €2.85 million in funding for five new projects under the European Innovation Partnership (EIP), aimed at enhancing the future of Irish farming. These projects, which fall under the themes of Generational Renewal and Digital Technology, will play a key role in advancing Ireland’s […]
Continue ReadingJonny Ritson talks us through the latest modelling study, conducted alongside colleagues, aiming to determine how suitable future conditions will be for both peat accumulation and Sphagnum survival in the UK. Bioclimatic envelope models have been used as a tool to map the climate conditions under which specific habitats occur. By defining the conditions suitable for peat […]
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In a historic move, China has announced plans to issue up to 6 billion yuan ($829 million) in green bonds, marking its first-ever overseas sovereign green bond issuance. London has been chosen as the listing venue, signaling China’s commitment to global investment in its green and low-carbon initiatives. This landmark step follows discussions held during […]
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At the EU-South Africa Summit in Cape Town, European Commission President Ursula von der Leyen announced a €4.7 billion investment under the EU’s Global Gateway initiative. This ambitious deal focuses on accelerating South Africa’s clean energy transition, enhancing infrastructure, and improving the health sector. The bulk of the investment—€4.4 billion—will go toward clean energy projects […]
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Terna, Italy’s national grid operator, is set to invest €23 billion over the next decade to modernize the country’s electricity infrastructure. This plan, which represents a 10% increase from previous projections, is central to Italy’s efforts to meet its decarbonization and energy security targets under both national and EU climate commitments. Unveiled as part of […]
Continue ReadingThe EU has announced that it will ask most companies that do business in Europe to comply with its Corporate Sustainability Reporting Directive (CSRD). The exact timing of when this law will be put in force and who will be covered has been changing. The list of indicators that must be reported is also changing. […]
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In 2024, Allianz made significant strides in its sustainability efforts, boosting its green investments by €4.5 billion and achieving a 61.5% reduction in employee emissions. The company also set a new standard for transparency by publishing the insurance industry’s first fully CSRD-compliant Annual Report, a move that reinforces its commitment to accountability in environmental, social, […]
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Minister for Education, Helen McEntee TD, has announced the launch of the second phase of the REPowerEU Energy Inventory Profile Survey, which will assess energy use across nearly 4,000 Irish schools. This initiative is part of Ireland’s broader climate action strategy aimed at achieving 2030 and 2050 climate targets, with a focus on decarbonizing the […]
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AIB has raised €500 million through its seventh green bond issuance, reinforcing its commitment to sustainable finance and the transition to a low-carbon economy. The bond will directly fund key projects with environmental benefits, such as renewable energy, green buildings, and clean transportation, contributing to Ireland’s energy transition. With this latest issuance, AIB has now […]
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