Category: CSR/ECO/ESG

Blackstone Acquires $1B Santander Infrastructure Loan Portfolio to Boost Sustainable Investments

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In a strategic move that further consolidates its leadership in infrastructure credit, Blackstone Credit & Insurance (BXCI) has reached an agreement to acquire interests in a $1 billion portfolio of infrastructure loans from Santander Corporate & Investment Banking (CIB). This acquisition is poised to significantly enhance Blackstone’s commitment to sustainable infrastructure investments, particularly in sectors […]

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Hidden in plain sight: flower imitates leaf litter trapped on trees to deceive a beetle pollinator

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Ming-Fai Liu and Richard Saunders, from the University of Hong Kong’s Division of Ecology & Biodiversity, School of Biological Sciences, discuss their research article: Aerial litter mimicry: a novel form of floral deception mediated by a monoterpene synthase Mutualism is more of a rule than an exception when it comes to pollination—although a few plants […]

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Working with EU neighbours for a cleaner continent: the Energy Community roundtable at COP29

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Established in 2006, the Energy Community Treaty is an international agreement between the EU and 9 neighbouring countries, or contracting parties, Albania, Bosnia and Herzegovina, Kosovo*, North Macedonia, Georgia, Moldova, Montenegro, Serbia and Ukraine. The Treaty aims to promote closer integration, cooperation and alignment with ambitious energy, environmental and climate policies. The Treaty also extends […]

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Nature-based solutions offer a win-win for nature, climate, & society in Hong Kong

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Ashley Bang, from the University of Oxford, won the Journal of Ecology Best Poster Award at the 2024 European Congress of Conservation Biology. In this blog post, Ashley, discusses her thesis: Opportunities to balance urbanization, climate change, and nature conservation policy agendas via nature-based solutions: A case study of Hong Kong. In light of the […]

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5 Key Takeaways from COP29: Progress, Challenges, and the Road Ahead

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COP29, held in Baku, Azerbaijan, concluded after intense negotiations, with significant climate finance and policy decisions on the table. While key agreements were reached, challenges remain—particularly in securing the funds and support needed for the world’s most vulnerable nations. Here’s a breakdown of the summit’s five critical takeaways and what they mean for the future […]

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HSBC, Cathay Pacific, and EcoCeres Launch Hong Kong’s Largest Sustainable Aviation Fuel Initiative

Solomon AlakaLeave a Comment on HSBC, Cathay Pacific, and EcoCeres Launch Hong Kong’s Largest Sustainable Aviation Fuel Initiative

Groundbreaking SAF Partnership: HSBC Hong Kong secures 3,400 metric tonnes of Sustainable Aviation Fuel (SAF) from EcoCeres, contributing to a reduction of 11,800 metric tonnes of carbon emissions. Decarbonization and Innovation: The partnership supports Hong Kong’s ambitions as a regional SAF hub and aligns with global decarbonization goals. EcoCeres’ SAF, made from waste-based biomass feedstock, […]

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$300 Billion Climate Finance Pact: Funds Disbursement and Support Mechanism for Developing Countries’ Climate Action

Solomon AlakaLeave a Comment on $300 Billion Climate Finance Pact: Funds Disbursement and Support Mechanism for Developing Countries’ Climate Action

At the conclusion of the COP29 summit in Baku, Azerbaijan, a landmark climate finance agreement was reached, with rich nations pledging to pool at least $300 billion annually by 2035 to help developing countries address the impacts of climate change. This commitment aims to support a broad range of efforts, from transitioning to clean energy […]

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BP and Partners Invest $7 Billion in Indonesia’s Groundbreaking Carbon Capture Project

Solomon AlakaLeave a Comment on BP and Partners Invest $7 Billion in Indonesia’s Groundbreaking Carbon Capture Project

BP and its partners have made a significant move in advancing Indonesia’s energy transition with a $7 billion investment in the Tangguh Ubadari Carbon Capture, Utilization, and Storage (CCUS) project. Set to commence in 2028, the project will enhance gas production and sequestration capabilities, marking a milestone for Indonesia as the country’s first large-scale CCUS […]

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Executive Vice-President Šefčovič signs agreement between Greece, European Investment Bank and the Commission on a Decarbonisation Fund for Greek islands

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This Fund will be financed through the auctioning of up to 25 million allowances from the EU Emission Trading System (ETS), estimated to be worth around €2 billion. More than half will be invested in new renewable energy supply on the islands, including photovoltaic systems, offshore wind farms and stand-alone storage systems. The Fund will […]

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ExxonMobil to Boost Chemical Recycling Capacity with $200 Million Investment

Solomon AlakaLeave a Comment on ExxonMobil to Boost Chemical Recycling Capacity with $200 Million Investment

ExxonMobil is set to expand its chemical recycling operations in North America with a significant investment of over $200 million in its facilities in Baytown and Beaumont, Texas. This expansion is part of the global petrochemical giant’s broader strategy to enhance its sustainability efforts and meet its ambitious recycling goals. The expansion, which is expected […]

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