Category: CSR/ECO/ESG

Notification by Germany of voluntary cancellation of allowances in the EU ETS for plants closed in 2023

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On 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 Closes €1.1 Billion Sustainable Infrastructure Fund

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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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RBC Withdraws $500B Sustainable Finance Target Due to Regulatory Scrutiny

Solomon AlakaLeave a Comment on RBC Withdraws $500B Sustainable Finance Target Due to Regulatory Scrutiny

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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What determines the rarity of large carnivores in the Omo Valley of Ethiopia? – The Applied Ecologist

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Asfaw et al. investigate the presence of large carnivores in the Omo Valley of Ethiopia and share their experience. Populations of large carnivores have been declining in Ethiopia for many years due to a range of factors including reduced prey populations, pressure from neighbouring human settlements, habitat fragmentation and loss, and low political interest in […]

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Ireland’s Cities Join EU’s Bold Push for Climate Neutrality by 2030

Solomon AlakaLeave a Comment on Ireland’s Cities Join EU’s Bold Push for Climate Neutrality by 2030

Cork, Dublin, and Galway are taking centre stage in Europe’s ambitious push for climate neutrality, as part of the European Union’s Climate-Neutral and Smart Cities Mission—one of five flagship EU Missions aimed at tackling some of the continent’s greatest societal and environmental challenges. The mission’s headline goal is clear: support 100 European cities in becoming […]

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Three years in, the EU Mission on Adaptation accelerates Europe’s resilience efforts

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The Mission has brought together over 400 regional and local authorities across Europe. As signatories of the Mission Charter or active partners in innovative projects, these authorities are working together to translate adaptation strategies into real-world solutions—placing climate resilience at the heart of local and regional transformation. “As climate impacts intensify and alarming temperature records […]

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EFM and Sojitz Launch $200M Fund to Scale Climate-Smart Forestry and Carbon Markets in the U.S.

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EFM, a U.S.-based forest investment and management firm, has partnered with Sojitz Corporation of America—a wholly owned subsidiary of Japan’s Sojitz Corporation—to launch a $200 million forestry investment fund focused on climate-smart forest stewardship and high-integrity carbon credit generation. The fund, to be managed by the newly formed EFM Sojitz Management, LLC (ESM), will initially […]

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Brazil Launches $2 Billion Auction to Restore Degraded Land

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Brazil is set to launch a groundbreaking $2 billion auction aimed at restoring 1 million hectares of degraded land, marking a significant step in its ecological transformation agenda. The initiative, part of the Eco Invest Brazil program, combines $1 billion in public funds from the Climate Fund with a 1.5x private capital leverage requirement, targeting […]

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A Long-Lasting Legacy and Uncertain Future |

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Ramona Heim, Institute of Landscape Ecology of the University of Münster in Germany, discusses her article: Arctic tundra ecosystems under fire – Alternative ecosystem states in a changing climate? One of the 4 tundra fires that burned at the Kougarok Fire Complex in western Alaska on the Seward Peninsula from 2000-2019. The Mingvk Lake fire (BLM […]

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China’s $27 Billion 10 Nuclear Power Plants Development: A Strategic Leap Toward Cleaner Energy Source

Solomon AlakaLeave a Comment on China’s $27 Billion 10 Nuclear Power Plants Development: A Strategic Leap Toward Cleaner Energy Source

In a significant move to bolster its clean energy infrastructure, China has approved the construction of 10 new nuclear power units, with a projected investment of approximately $27 billion. This initiative underscores China’s commitment to enhancing its nuclear energy capacity as part of its broader strategy to reduce carbon emissions and meet escalating electricity demands. […]

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