Reforestation startup Mombak has successfully closed a R$100 million ($17.8 million) funding deal with Santander Brasil and Brazil’s development bank BNDES, marking the first reforestation project under Brazil’s R$10 billion New Climate Fund. The funds will fuel Mombak’s efforts to restore degraded farmland in the Amazon, contributing to Brazil’s growing carbon offset market. Mombak specializes […]
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The European Commission has approved a €3.26 billion disbursement to France under the Recovery and Resilience Facility (RRF), part of the EU’s NextGenerationEU initiative. This payment acknowledges France’s successful implementation of key milestones in its recovery plan, emphasizing the nation’s commitment to green and digital transitions. Key Investments and Reforms: Reform Highlights: The Commission’s preliminary […]
Continue ReadingCamila Medeiros, University of California, Los Angeles, discusses her article: Simplification of woody plant trait networks among communities along a climatic aridity gradient Motivation Plants are enormously diverse across regions, even within specific ecosystems, and zooming in on individual plants, one finds great diversity among their traits. Variation of all kinds of traits can play […]
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Investor Confidence in Nature-Based Assets Drives Fund Over Target J.P. Morgan’s Campbell Global has successfully raised $1.5 billion for its Forest & Climate Solutions Fund II, surpassing its $1 billion target by $500 million. This fund, which forms part of the firm’s broader post-acquisition strategy following its 2021 purchase of timberland management firm Campbell Global, […]
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Revolutionary Hydrogen-Powered Steelmaking Plant to Launch in 2027 Rio Tinto is set to supply 70% of the iron ore for an innovative hydrogen-based steel production facility in Linz, Austria, backed by a consortium of leading companies including Mitsubishi Corporation, voestalpine, Primetals Technologies, and Rio Tinto itself. This project, which will begin operations in mid-2027, aims […]
Continue ReadingShortlisted for the Georgina Mace Prize 2024 Sarah Kingsbury shares insights into her team’s study investigating a new integrated management approach to better assess the effects and risks of aquatic invasive species on Atlantic salmon. About the Research Overview Our idea was to develop an integrated management plan to inform aquatic invasive species and Atlantic salmon management […]
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China has officially entered the global green sovereign bond market with the launch of its inaugural 6 billion yuan ($825 million) green bond on the London Stock Exchange. This landmark issuance underscores China’s commitment to achieving carbon neutrality by 2060 and expanding its influence in the $3 trillion global green bond market. Key Details of […]
Continue Reading2024 HARPER PRIZE SHORTLIST: For the next two weeks, we are featuring the articles shortlisted for the 2024 Harper Prize. The Harper Prize is an annual award for the best early career research paper published in Journal of Ecology. Rémi Bardou’s ‘Effects of cold water and aridity on Baja California mangrove survival and ecophysiological traits’ is one of those shortlisted for the […]
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Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund with assets totaling $1.7 trillion, has unveiled a forward-thinking ESG (environmental, social, and governance) investment strategy. This initiative aims to ensure long-term, stable returns while addressing sustainability-related risks that threaten market stability. Strategic FocusGPIF emphasizes the importance of sustainable corporate growth to maintain market […]
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Greece’s PPC Group has unveiled an ambitious €5.75 billion investment plan to transform Western Macedonia into a green energy and technology hub. This initiative repurposes former lignite sites, positioning the region as a leader in sustainable energy and technology for Greece and Southeastern Europe. Key Highlights Strategic VisionPPC Chairman Georgios Stassis emphasized the transformative impact […]
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