Countries are gathering in Rome to advance negotiations aimed at securing $200 billion annually to combat the global biodiversity crisis. This initiative builds upon the 2022 Kunming-Montreal Global Biodiversity Framework, which strives to halt nature loss by 2030. The urgency of the situation is highlighted by a WWF report showing a 73% decline in vertebrate […]
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Japan has unveiled a bold climate and energy plan aimed at slashing greenhouse gas emissions by 73% by 2040, compared to 2013 levels. The strategy, approved by the government, also sets a target of reducing emissions by 60% by 2035, marking a significant step toward the country’s environmental goals under the Paris Agreement. Key components […]
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The University of Greenwich has achieved a Gold rating from USwitch for its outstanding commitment to sustainability, further cementing its position as a leader in environmental responsibility. This prestigious award, announced in February, recognizes the university’s concerted efforts across multiple sustainability initiatives on its campuses. Key Highlights of Greenwich’s Sustainability Achievements: These efforts align with […]
Continue ReadingThe second progress report on the climate and environmental objectives of the 8th Environment Action Programme (8EAP) published by the European Environment Agency on Thursday shows that the EU is partially on track towards its 2030 climate and environmental goals and targets, demonstrating that more must be done. The assessment shows positive progress in certain […]
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The Green Climate Fund (GCF) has approved a significant $686.8 million investment across 11 projects, bringing the total climate action commitment to $1.5 billion when combined with co-financing. This new funding will benefit 115.5 million people across 42 countries, helping mitigate 45.3 million metric tonnes of CO₂ emissions. Key Focus Areas: Climate Resilience, Forestry, and […]
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Australia has launched a bold initiative to position itself as a leader in the green iron and low-carbon steel sectors, with the unveiling of a A$1 billion ($636 million) Green Iron Investment Fund. This investment is part of the country’s broader effort to decarbonize the steel industry, stimulate economic growth, and protect local jobs, especially […]
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Climate Fund Managers (CFM) has launched a new initiative, the Climate Investor Three (CI3) fund, aimed at accelerating the energy transition and green hydrogen projects in emerging markets. With an initial €150 million in commitments, CI3 seeks to harness both public and private sector investments to drive large-scale climate solutions, particularly in Namibia and South […]
Continue ReadingThe expert group on climate change policy (CCEG) meets in different formations, depending on the meeting agenda, including one focussing on aviation. The CCEG aviation formation currently consists of representatives from the authorities of Member States’ and EEA-EFTA States. Following the call for additional members launched in 2023, the formation also includes associations representing industries, sectors and solution […]
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Canada is set to launch its third green bond this week, marking a significant milestone in the country’s ongoing efforts to fund sustainable projects and meet its ambitious climate goals. The bond issuance follows a highly successful $4 billion green bond launched in February 2024, which saw an additional $2 billion reopening in October. Investor […]
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Terra CO2, a U.S.-based innovator in low-carbon building materials, has successfully raised $82 million in Series B funding to scale its sustainable cement technology. Co-led by strategic partners Just Climate, Eagle Materials, and GenZero, along with support from Breakthrough Energy Ventures (BEV) and additional industry stakeholders, this investment will propel Terra’s OPUS technology into commercial […]
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