Category: CSR/ECO/ESG

Egypt has approved its first private-to-private (P2P) electricity contracts, marking a major milestone in the country’s energy market liberalisation efforts. Supported by the European Bank for Reconstruction and Development (EBRD), the new regulatory framework allows private renewable energy producers to sell electricity directly to industrial consumers, bypassing the state-owned single-buyer system. The pilot phase includes […]

As nations race to decarbonize, geothermal energy is re-emerging as a compelling option for stable, low-emission, 24/7 power. Unlike solar or wind, geothermal energy is available around the clock, making it uniquely suited for critical applications—from data centers in the U.S. to off-grid mini-grids in Africa. While upfront costs are higher compared to other renewable […]

  The ocean shapes our economies, our food systems, even the air we breathe. To better protect our ocean, the Commission has adopted a European Ocean Pact, which will help to promote a thriving blue economy and support the well-being of people living in coastal areas.  This Ocean Pact brings together EU ocean policies under […]

London, June 2025 — Barclays Climate Ventures has catalyzed over £508 million in climate technology investment since 2020, according to its newly released 2024 impact report. By investing £203 million of its own capital—often as a lead or co-lead investor—Barclays unlocked an additional £305 million from third parties, mobilizing £2.18 for every £1 invested. The […]

Tokyo, June 2025 — Nippon Steel has announced a ¥870 billion (USD $6.05 billion) investment to transition three of its Japanese plants to electric arc furnace (EAF) technology, a major step in its push to reduce carbon emissions and meet long-term climate targets. The initiative, supported by ¥251 billion ($1.75 billion) in subsidies under Japan’s […]

London, June 2025 — Five African countries—Burundi, Ghana, Mozambique, Togo, and Zimbabwe—have outlined their plans to join Mission 300, a joint initiative by the World Bank and African Development Bank (AfDB) aimed at delivering electricity to 300 million people in Africa by 2030. At a high-level meeting in London, the five nations presented their strategies […]

At the third China–Pacific Island Countries (PICs) Foreign Ministers’ Meeting, held May 28–29 in Xiamen, Chinese Foreign Minister Wang Yi announced a major climate initiative: 100 small-scale projects to address climate change across the Pacific over the next three years. The meeting, attended by representatives from 11 Pacific nations, marked the first time the forum […]