Category: CSR/ECO/ESG

In a landmark decision that could significantly impact Europe’s approach to tackling climate change, the European Union (EU) has approved its first-ever certification framework for carbon removals, carbon farming, and carbon storage in products. This comprehensive regulatory framework is designed to support the EU’s climate neutrality goal by 2050, marking a pivotal step in achieving […]

The European Commission has successfully raised €7 billion through a landmark dual-tranche bond issuance, demonstrating overwhelming investor confidence with oversubscription rates of 17x for the 7-year bond and 27x for the 18-year green bond. This highly successful transaction moves the EU closer to its €65 billion funding target for the second half of 2024 and […]

At COP29 in Azerbaijan, tourism made history by being officially included in the U.N. Climate Change Conference Action Agenda for the first time, marking a pivotal moment for the industry’s role in combating climate change. This major achievement, announced on Wednesday, comes with the signing of a global declaration by over 50 governments, pledging to […]

In a shocking turn of events, £1.3 million worth of specialist recycling equipment was stolen from the QC Polymer recycling plant just days before the assets were set to be auctioned. The theft occurred on November 6, 2024, only a day before a public viewing of the equipment, which was to include advanced machinery used […]

In an ambitious move to combat climate change and reduce aviation emissions, a coalition of major global companies, including BlackRock Inc., Block Inc., Ripple, and Samsara Inc., has collectively invested $200 million in the development of Sustainable Aviation Fuel (SAF). This funding will supply 50 million gallons of SAF to Alaska Airlines, a key step […]

In a bold step toward closing the climate finance gap in vulnerable regions, the GAIA platform has been launched with a substantial $1.48 billion commitment. Co-founded by FinDev Canada, MUFG Bank, and the Green Climate Fund (GCF), this groundbreaking initiative aims to tackle the growing financing challenges faced by developing countries, particularly those in Latin […]