A coalition of 30 institutional investors, managing $1.6 trillion in assets, has publicly urged HSBC to reaffirm its net zero climate goals, following concerns that the bank may be scaling back its climate strategy. Delayed Targets and Investor Concerns At HSBC’s annual general meeting (AGM), responsible investment NGO ShareAction led the call for the bank […]
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The UK’s Local Climate Bond (LCB) market has secured a significant £16 million boost from two private investors, marking a pivotal step in empowering local authorities to fund net-zero initiatives. On 7 May 2025, the Green Finance Institute (GFI) announced that the Esmée Fairbairn Foundation and Unity Trust Bank have committed £1 million and £15 […]
Continue ReadingDG CLIMA leads the European Commission’s efforts to fight climate change, developing and implementing legislation to help the EU reach its 2030 climate target and, ultimately, climate neutrality by mid-century. Achieving net-zero greenhouse gas emissions in the EU by 2050 requires easy, timely and reliable access to a large range of Earth observation data. These […]
Continue ReadingRiccardo Ciarle, Victoria University of Wellington in Aotearoa New Zealand, discusses his article: Ancestral state reconstruction sheds new light on the loss of divarication hypothesis on New Zealand’s outlying islands The background If you step into the New Zealand bush, the first thing you’ll see will be towering podocarps, lofty tree ferns, and a wide […]
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French energy giant TotalEnergies (NYSE:TTE) has officially applied for an environmental permit in Chile to develop a $16 billion green hydrogen and ammonia facility, marking a significant step in the country’s clean energy transition. The project, led by TEC H2 MAG, TotalEnergies’ Chilean subsidiary, is set to begin construction in 2027, with full operations expected […]
Continue ReadingOn 28 May 2025 at 18:00 CET, the European Commission will publish the total number of allowances in circulation (TNAC) on the EU carbon market in 2024. The annual publication of the TNAC plays an important role in the functioning of the Market Stability Reserve (MSR) of the EU Emissions Trading System (EU ETS). It […]
Continue ReadingGuilin Wu, Hainan Jianfengling Forest Ecosystem National Field Science Observation and Research Station, Research Institute of Tropical Forestry, Chinese Academy of Forestry, discusses his article: Shaded habitats drive higher rates of fern diversification Ferns represent one of the three major lineages of vascular plants, having originated approximately 411–385 million years ago. In prehistoric times, they […]
Continue ReadingOn 2 May 2024, the Commission published Germany’s notification under Article 12(4) of Directive 2003/87/EC (‘ETS Directive’), concerning its intention to voluntarily cancel allowances associated with the closure of electricity generation capacities in two ETS installations in its territory in 2022 due to additional national measures. Following the procedure for the cancellation of allowances laid down […]
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Pioneer Point Partners LLP has successfully closed its second sustainable infrastructure fund, Pioneer Infrastructure Partners II SCSp, with €1.1 billion in commitments, surpassing its €800 million target. The fund attracted a diverse base of institutional investors, including public and private pension schemes, insurers, asset managers, endowments, and foundations, primarily across Europe and North America. Notably, […]
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The Royal Bank of Canada (RBC) has retracted its ambitious $500 billion sustainable finance commitment, citing challenges related to Canada’s amended Competition Act, which now mandates substantiated environmental claims. The bank acknowledged that its previous methodology for measuring sustainable finance activities may have been inaccurate, leading to the decision to retire the target. RBC’s move […]
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