Shubhangi Singh

The state of New Mexico has levied a historic fine of $24.5 million against oil and gas company Ameredev II, LLC, over alleged violations of […]

In response to the closure of the Net-Zero Insurance Alliance (NZIA) and amid calls for stronger climate action, the United Nations has introduced the Forum […]

A recent poll conducted by DIY investment platform Tillit has revealed a growing desire among Britons for more control over their pension funds, with one-third […]

In a move aimed at reshaping Germany’s approach to climate protection, the Bundestag, the lower house of the German parliament, has approved a significant overhaul […]

An analysis conducted by the Green Finance Institute (GFI) reveals that the deterioration of the UK’s natural environment poses a significant threat to the economy, […]

One of the world’s largest pension plans, Calstrs, has announced a delay in the publication of its 2023 climate report after uncovering inaccuracies in its […]

At the World Economic Forum’s special meeting in Riyadh, UAE’s Energy Minister, Suhail Al Mazrouei, expressed confidence that the country may surpass its target of […]

The metals industry is abuzz with talks of a monumental £31 billion ($39 billion) takeover bid by Australian behemoth BHP Group Ltd for Anglo American […]

Canada’s biofuel industry is poised for a significant boost following the federal government’s announcement of a multi-billion dollar financial support package. While industry stakeholders welcome […]

Amidst the bustling Rotterdam port, engineers have embarked on Europe’s most ambitious endeavor to combat climate change: the construction of a groundbreaking carbon capture and […]

In two separate open letters released recently, advocates have urged the Canadian federal government to expedite the development of a sustainable finance taxonomy aimed at […]

Joe Longo, Chair of the Australian Securities and Investments Commission (ASIC), has underscored the necessity for Australian businesses to ready themselves for forthcoming mandatory climate […]

In a landmark move coinciding with Earth Day, the Joe Biden administration unveiled a $7 billion initiative aimed at facilitating the installation of residential solar […]

In response to the urgent need for sustainable agri-food systems amidst climate change and biodiversity loss, the Climate Bonds Standard has broadened its Certification to […]

In a move towards environmental sustainability, the Hyundai Motor India Foundation (HMIF) has unveiled EcoGram in Gurugram, Haryana, showcasing its commitment to eco-friendly initiatives.  Operational […]

Concerns are mounting that passive, index-tracking funds might be notably absent from the UK’s forthcoming “green” fund regime, according to a recent report from the […]

A recent report by global consultancy Bain & Company sheds light on Southeast Asia’s inadequate green investments, hindering efforts to reduce emissions in the region. […]

Otis, an elevator and escalator manufacturing, installation, and service company in India, has announced the approval of its near-term science-based greenhouse gas (GHG) emissions reduction […]

Representatives from local oil and gas operators embarked on field visits to the Neftianye Kamni Oil Field and the Sangachal Terminal, organized by the State […]

Boeing has announced a strategic collaboration with Wagner Sustainable Fuels aimed at enhancing the availability of sustainable aviation fuel (SAF) in Australia. The partnership will […]

A new study conducted by Boston University’s Global Development Policy Centre and the African Economic Research Consortium suggests that China should redirect its economic engagement […]

JSW Energy has announced that its subsidiary, JSW Neo Energy, has been awarded a letter of award from NTPC for the development of a 700 […]

A recent study conducted by the Oklahoma Rural Association sheds light on the adverse effects of Oklahoma’s Energy Discrimination Elimination Act (EDEA) on the state’s […]

New Zealand has pledged $25 million to the Energy Transition Mechanism Partnership Trust Fund (ETMPTF) of the Asian Development Bank (ADB), reinforcing efforts to foster […]

A recently published report by the Washington Post documented the practice of ‘avoided deforestation’ in a the heart of the Amazon rainforest.  The Peruvian timber […]

Holtec International, the company responsible for decommissioning the Indian Point nuclear power plant in New York, has filed a lawsuit against the state challenging its regulations on the discharge of radioactive materials from nuclear facilities. 

A study utilizing nationwide satellite data, published in the journal Science, indicates that nearly half of China's major cities are experiencing "moderate to severe" levels of subsidence, with 45% of urban land sinking faster than 3 millimeters per year, and 16% sinking at rates exceeding 10 mm per year. 

Ahead of the upcoming fourth meeting of the Intergovernmental Negotiating Committee on Plastic Pollution (INC-4) in Ottawa, 160 financial companies are urging governments to establish a treaty aimed at ending plastic pollution. 

Analysts warn that the renewable energy sector faces significant challenges due to soaring interest rates, posing a threat to the worldwide transition to sustainable energy. 

As the urgency of climate change intensifies, governments worldwide are implementing policies to stimulate private climate finance. However, effective mobilization requires innovative strategies tailored to incentivize investment, promote accountability, and mitigate risks. Here are four key considerations mentioned in a World Economic Forum report:

ABB has announced a minority investment in GridBeyond, a technology company specializing in energy management solutions driven by artificial intelligence and data science. 

The Australian government has backtracked on its commitment to reform environmental protection laws, indefinitely deferring necessary changes to the Environment Protection and Biodiversity Conservation Act. 

The European Union faces a potential shortfall in funding for green technologies as the price of carbon permits dropped significantly this year, affecting the EU Innovation Fund and low-carbon projects. 

The United Arab Emirates (UAE) continues to confront the aftermath of a historic storm that struck earlier this week, severely impacting daily life and travel. 

Two former BNP Paribas bankers have spearheaded a new initiative, raising nearly $100 million for a fund aimed at catalyzing financing for climate-aligned infrastructure projects across Africa. 

A recent report from the Institute for Energy Economics and Financial Analysis (IEEFA) has cast doubt on the potential of carbon capture, utilisation, and storage (CCUS) to significantly reduce emissions in the global steel industry. 

Japan is gearing up to establish ambitious targets for renewable energy and other sources in its national electricity mix by fiscal 2040, with plans to unveil these long-term goals in its new Strategic Energy Plan by March next year. 

The German parliament, Bundestag, has given its approval for the construction of an extensive 9,700-kilometre pipeline network dedicated to transporting hydrogen across the nation and to neighboring countries, as reported by Der Spiegel. 

Sublime Systems, a startup in the realm of sustainable construction materials, has been selected by the US Department of Energy’s Office of Clean Energy Demonstrations (OCED) to enter negotiations for a substantial funding package of up to $87 million. 

Pakistan's energy sector is poised for a significant transformation as the World Bank greenlights a billion-dollar loan aimed at funding energy projects within the country. This substantial financial backing is set to bolster Pakistan's energy infrastructure and propel its economic progress to new heights.

Biodel Ag, Inc., a US-based carbon project developer specializing in regenerative agriculture, and Carbon Asset Solutions Ltd. ("CAS"), a prominent carbon registry and MRV (Measurement, Reporting, and Verification) provider, have announced a strategic partnership. The collaboration aims to deliver accurate carbon credit measurement and advance regenerative carbon programming as an integrated service offering.

The Maldives has taken a significant step towards enhancing sustainability practices in its private sector with the development of the nation's inaugural Environment, Social, Governance (ESG) reporting framework for investments. Spearheaded by the United Nations Development Programme (UNDP) in partnership with the Capital Market Development Authority (CMDA) and advisory firm PlusValue, the initiative aims to fortify the country's financial market sustainably while preserving its diverse biodiversity.

Australia is confronting a looming environmental challenge as the country is projected to generate over 50,000 tonnes of solar waste annually due to the rapid retirement of solar panels. The surge in retired panels, fueled by the nation's early adoption of solar energy, has outpaced predictions and sparked urgent calls for increased recycling facilities.

In a recent judgment by the European Court of Human Rights (ECtHR) in the case of Verein KlimaSeniorinnen Schweiz and Others v. Switzerland, the Court found a violation of Article 8 (right to respect for private and family life) and Article 6 & 1 (access to court) of the European Convention on Human Rights.

Rhodium Group report urges US gov to boost spending on carbon dioxide removal tech to $100 billion yearly by 2050 for extreme climate change mitigation.

Middlesex Water Company in a recent announcement, reaffirmed its commitment to providing safe, clean, and reliable water services by proactively addressing the new national drinking water regulations for Per- and Polyfluoroalkyl substances (PFAS) announced by the United States Environmental Protection Agency (EPA) on April 10, 2024.

Arq, a producer of environmentally efficient carbon products, anticipates a surge in demand following the Environmental Protection Agency's (EPA) announcement of enhanced regulations targeting per- and poly-fluorinated alkyl substances (PFAS) in drinking water.

According to the report, as the world grapples with the urgent need to reduce carbon emissions and combat climate change, carbon capture and storage (CCS) emerges as a pivotal technology in the fight against global warming. CCS, a three-step process involving capturing, transmitting, and underground storage of carbon dioxide (CO2) emissions from industrial activities, offers a promising solution to mitigate the impacts of greenhouse gas emissions.

Parsons Corporation a prominent player in Per and Polyfluoroalkyl Substances (PFAS) investigation and remediation, reaffirms its commitment to aiding clients in addressing PFAS challenges and complying with the US Environmental Protection Agency's (EPA) groundbreaking national regulations for PFAS in drinking water.

On Wednesday, European Union lawmakers approved a groundbreaking law aimed at curbing methane emissions from Europe’s oil and gas imports starting in 2030. This move […]

Clyde Hydrogen, a green hydrogen startup, has received over £1 million in pre-seed funding to advance its pioneering technology poised to revolutionize the sector. The […]

A discovery of hydrogen beneath the Bulqize chrome mine in Albania has stirred optimism for the region’s transition towards cleaner energy.  This revelation has prompted […]

Chile aims to begin production of sustainable aviation fuel (SAF) in a large plant by 2030, with the goal of using SAF for half of […]

More than 60 human rights and environmental organizations have called on Apple to take action regarding the detention of climate experts in Vietnam, a key […]

A recent analysis conducted by Exeter University, commissioned by Friends of the Earth (FoE), has unveiled that England has the capacity to generate 13 times more renewable energy than its current output, utilizing less than 3% of its land area.

According to a report by news magazine Der Spiegel, Germany faced a surge in so-called re-dispatch measures in 2023 due to a lack of grid capacity. These measures, aimed at stabilizing the grid, often involve curtailing renewable power output, particularly when a sudden influx of renewable energy strains the grid. 

Watershed, a leading provider of climate solutions software, announced the introduction of "Watershed for CSRD," a cutting-edge software solution designed to assist companies in collecting and managing data for disclosure under the European Union's new Corporate Sustainability Reporting Directive (CSRD).

Adani Green Energy Limited (AGEL), India's largest renewable energy giant, has achieved a historic milestone by surpassing 10,000 MW in renewable energy capacity. This accomplishment reflects the Adani Group's success and holds significance for India's renewable energy aspirations.

In a landmark ruling with far-reaching implications, the European Court of Human Rights (ECtHR) has declared that the Swiss government failed in its duty to combat climate change effectively, thereby violating the human rights of its citizens. The verdict, announced on Tuesday, represents a significant victory for over 2,000 Swiss women, known as KlimaSeniorinnen, who brought the case to court.

The Adani Group has announced an ambitious investment plan totaling approximately Rs 2.3 trillion by 2030, marking India's most significant renewable energy expansion initiative to date. Despite facing challenges, including a short-seller attack, the conglomerate remains steadfast in its pursuit of rapid growth.

A delay in the planned closures of coal-fired power plants in South Africa could have dire consequences, including thousands of deaths from air pollution and billions of dollars in health-related costs, a recent study by the Centre for Research on Energy and Clean Air (CREA) has revealed.

Chevron New Energies, a division of Chevron USA Inc., has announced a significant investment in ION Clean Energy, a Boulder-based technology company specializing in post-combustion point-source carbon capture technology. 

The Biofuel Company in Saudi Arabia has unveiled plans to significantly boost its refining capacity, aiming to triple its output by 2025. This expansion initiative aligns with the company's commitment to supporting Saudi Vision 2030 and domestic sustainability objectives.

JSW Energy Limited has successfully raised $65 million (Rs 5,000 crore) through a Qualified Institutions Placement (QIP), selling shares to institutional investors, including the Abu Dhabi Investment Authority (ADIA). The company aims to utilize the proceeds to accelerate its growth plans and bolster its capital structure.

According to a Bloomberg report, the U.S. Federal Reserve has intervened to prevent a proposal by the Basel Committee on Banking Supervision that would have elevated climate risk as a key focus of financial regulations. The proposal suggested that banks disclose detailed information about the impact of climate change on their operations beginning January 2026, aiding investors and regulators in assessing risk management.

The final design for Ireland's largest offshore wind project, Codling Wind Park, is poised to be unveiled today. The project, located off the Co Wicklow coast between Greystones and Wicklow Town, is a joint venture between Fred Olsen Seawind and EDF Renewables.

Aker Carbon Capture (ACC) has secured a pre-FEED (Front End Engineering Design) contract for Statkraft's Heimdal waste-to-energy plant in Norway, targeting the capture of 220,000 tonnes of CO2 annually. This initiative aims to significantly reduce CO2 emissions, contributing up to 25% towards Trondheim municipality's emissions reduction goal.

An international benchmark aimed at defining high-quality carbon offset projects has taken a significant step forward, with three major certifiers receiving approval from the Integrity Council for the Voluntary Carbon Market (ICVCM) on Friday.

Ingka, the majority owner of IKEA stores globally, is venturing into renewable energy investments in South Korea and Japan, targeting offshore wind as the most viable option. Peter van der Poel, managing director of Ingka Investments, highlighted the company's commitment to decarbonization through renewable energy assets, particularly in Europe.

Danish renewable energy infrastructure investor Copenhagen Infrastructure Partners (CIP) has announced a significant investment of £250 million to acquire a majority stake in UK solar developer Elgin Energy.

US Senators Reverend Raphael Warnock (D-GA) and Jon Ossoff (D-GA) unveiled a significant stride towards clean energy initiatives in rural Georgia. Through the U.S. Department of Agriculture’s Rural Energy for America Program (REAP), a slate of new federal investments will empower farmers and business owners to embrace solar and electric energy upgrades.

CapitaLand Investment's (CLI) inaugural standalone climate resilience report, released on April 1st, highlights coastal flooding as the most significant threat to its global portfolio of over 480 properties across 20 countries. The report, in line with Task Force on Climate-related Financial Disclosures (TCFD) guidelines, underscores CLI's commitment to climate-related disclosures since 2017.

The litigation over California's climate disclosure rules, specifically Senate Bill 253 (Climate Corporate Data Accountability Act) and Senate Bill 261 (Greenhouse gasses: climate-related financial risk), has seen recent developments with the California Air Resources Board (CARB) filing a motion to dismiss the amended complaint against the two laws. 

Airlines and marine shippers in Canada are urging the federal government to bolster funding for sustainable transport initiatives, with a focus on green supply chains and infrastructure upgrades. The calls come ahead of the federal budget scheduled to be tabled on April 16.

In 2023, Maersk's ECO Delivery Ocean product achieved a significant milestone, with more than 660,000 twenty-foot equivalent units (TEU) transported on green fuels, resulting in a remarkable reduction of over 683,000 tonnes of greenhouse gasses (GHG). 

The Institute for Sustainable Finance (ISF) has issued a warning that corporate sustainability reporting standards introduced by the European Union (EU) could have significant implications for more than 1,300 Canadian companies. 

GenZero, a Temasek-owned investment platform focused on decarbonization, has partnered with leading law firm Allen & Gledhill LLP to release a legal paper advocating for action on the characterization of voluntary carbon credits (VCCs). 

The integration of sustainability principles and cultural diversity into business education is gaining momentum globally, driven by the United Nations 2030 Agenda for Sustainable Development and the recognition of their importance in shaping future business leaders.

During the Germany-Vietnam Business Forum, Alexander Ziehe, chairman of the German Business Association (GBA), revealed that several German companies are keen to invest in sustainable development projects in Vietnam, aligning with green policies and the goal of achieving net-zero carbon emissions.

Amidst debates over Australia's energy future, one of the country's largest energy utilities, EnergyAustralia, is championing the potential of clean hydrogen as a viable alternative to nuclear power. CEO Mark Collette asserts that green hydrogen could replace natural gas in power plants within a decade, eliminating the need for costly nuclear generators.

Adani Green Energy's ambitious wind power project, valued at US$442 million, situated in Mannar and Pooneryn, is currently undergoing a technical review by the Sri Lanka Sustainable Energy Authority (SLSEA) following a public consultation process on its Environmental Impact Assessment (EIA).

Global sportswear giant NIKE is ramping up its commitment to sustainability by announcing new targets aimed at reducing its carbon emissions across its business and supply chain. In its 2023 Impact Report, NIKE outlined significant progress made in key sustainability areas, including a remarkable increase in renewable energy usage and substantial reductions in carbon emissions.

Citi has joined JPMorgan Chase in agreeing to disclose its clean energy financing ratios, following pressure from shareholder resolutions. The New York City Comptroller’s Office, along with pension systems, filed a resolution prompting this move. 

A major study conducted by 11 academics has revealed that Australia's primary carbon offsets method, known as "human-induced regeneration," has largely failed to improve tree cover as promised, thus doing little to combat the climate crisis.

BlackRock CEO Larry Fink reiterated the firm's commitment to investing in oil and gas companies, emphasizing that they have never supported divesting from traditional energy firms. Fink's statements come days after a Texas retirement system withdrew $8.5 billion from BlackRock, alleging the firm's engagement in a "boycott" of the fossil fuel industry.

First Bus has revealed plans for a substantial £89 million investment aimed at accelerating its transition to zero-emission buses and infrastructure across four regions. This initiative, supported by £16 million in funding from the Department for Transport’s Zero Emission Bus Regional Area (ZEBRA) scheme, is poised to revolutionize public transportation while significantly reducing carbon emissions.

Climate advocates and community members applaud the US Department of Energy's (DOE) Office of Clean Energy Demonstrations for commencing initial award negotiations aimed at establishing the first hydrogen-ready iron-making facilities in the USA. The move signals a significant stride towards cleaner steel production, leveraging green hydrogen from renewable energy sources to reduce emissions.

New York State's power grid operator, the New York Independent System Operator (NYISO), reports significant milestones in renewable energy generation, with record-breaking hourly outputs from wind and solar sources. 

In a recent announcement, billionaire Gautam Adani's conglomerate reveals plans for the world's largest renewable energy park in Gujarat, aiming for a colossal 45 GW capacity largely from solar sources. 

In a move to bolster renewable energy initiatives, retail giant Walmart announced its investment in 19 solar projects developed by Pivot Energy, aimed at enhancing solar access across the United States. 

Africa, a continent blessed with vast green energy reserves, is gearing up to maximize its share in the booming global carbon credit market, which has reached a staggering $909 billion in the past year. With the launch of the African Carbon Markets Initiative (ACMI), Africa aims to tap into this lucrative market to fund its development projects while combating climate change and promoting sustainable growth.

Green investment trusts in Europe, such as London-listed Greencoat UK Wind and Octopus Renewables Infrastructure Trust, are facing headwinds as their share prices trade at significant discounts to their net asset values (NAVs). This trend poses challenges not only for the trusts themselves but also for renewable energy developers.

Vietnam has achieved a significant milestone in its efforts to combat climate change, becoming the first country in the East Asia Pacific region to receive a payment of $51.5 million from the World Bank for verified emissions reductions. This payment, facilitated through the Forest Carbon Partnership Facility (FCPF), is a recognition of Vietnam's successful initiatives in reducing deforestation, forest degradation, and enhancing carbon storage through reforestation and afforestation.

Over 80 organizations, including Make My Money Matter, Greenpeace UK, and Global Witness, have collectively penned letters to the chief executives of 12 major banks, imploring them to cease financing a company involved in the contentious development of the Rosebank oil field in the North Sea.

India's ambitious drive to ramp up its renewable energy capacity, particularly in solar energy, is poised to reshape its economy. However, alongside this growth comes the challenge of managing the resulting accumulation of solar waste.

In a significant shift, some of Canada's largest banks have admitted that their investments in green financing may not lead directly to a decrease in emissions growth, as revealed by Reuters. This admission follows years of pressure from activists for greater transparency regarding the banks' climate objectives.

Today, BNP Paribas Asset Management (BNPP AM) unveiled its latest offering, the BNP Paribas Global Net Zero Transition Equity fund, designed to provide investors with exposure to a decarbonization and sustainable investment-focused strategy. This active fund, classified as Article 8 under the EU’s SFDR regulation, aims to construct a high-conviction portfolio from over 1,000 global companies committed to achieving net zero emissions.

The Biden administration aims to ease concerns among oil and gas executives regarding a pause on liquefied natural gas (LNG) exports from new projects, assuring them that the pause will be short-lived and will not hinder industry growth. The pause, announced in January by the Department of Energy, was initiated to evaluate the environmental and economic impact of the surge in LNG exports.

In just over a year since its launch, the Climate Action Data Trust (CAD Trust), supported by Singapore, has significantly enhanced the credibility of the carbon credit trade, covering 85% of all credits issued to date and aiming for further expansion in 2024.

Enpal, a German solar solutions installer, has announced the successful procurement of EUR 1.1 billion (USD 1.2 billion) to expedite the deployment of its integrated financing solutions for residential solar and heat pump customers.

UBS, the investment banking group, has appointed Jack Collings as the head of sustainability and climate risk for Asia Pacific (APAC). Collings transitions into this role from his position as head of sustainability risk at Credit Suisse, which was acquired by UBS a year ago. He will be stationed in Singapore.

Swiss energy producer and trader, Axpo Holding AG, has finalized a sustainability-linked revolving credit facility (RCF) totaling €7 billion, with over 30 banks participating. ING Switzerland led the syndicate.

A recent survey conducted by the We Mean Business Coalition (WMBC) reveals that a majority of businesses are hesitant to enter the carbon offset market due to concerns about project credibility and reputational risk.

As Canada prepares for an increase in its carbon pricing system on April 1, provincial leaders express concerns about its impact on affordability, sparking a debate over the effectiveness of the policy in addressing climate change.

The International Day of Forests is celebrated on 21st March every year. The theme for International Day of Forests 2024, "Forests and Innovation: New Solutions for a Better World," underscores the critical role of innovation in tackling deforestation and promoting sustainable forest management.

Google has announced its commitment to purchasing $35 million in carbon removal credits, aligning with the Department of Energy's (DOE) carbon removal purchase program launched on the same day. This initiative invites organizations to make substantial commitments in the voluntary carbon market to accelerate its growth and impact.

Today, New Energy Blue, a leading clean-energy developer specializing in low-carbon biofuels and biochemicals from crop residues, announced the establishment of its new subsidiary, New Energy Chemicals. This strategic move aims to advance the company's Decarbonizing America agenda by diversifying its portfolio and expanding into the production of biobased ethylene and sustainable aviation fuel (SAF). 

Germany's economy and foreign affairs ministers have emphasized the need for enhanced international cooperation to drive the global energy transition and meet climate targets effectively. Speaking at the Berlin Energy Transition Dialogue (BETD), the ministers highlighted Germany's progress in increasing renewable power capacity and emphasized the importance of coordinated efforts to transition away from fossil fuels worldwide. 

A recent analysis conducted by environmental campaign groups Friends of the Earth and Platform London has uncovered significant investments in the fossil fuels industry by local government pension schemes in the UK. 

Specialist insurance provider CFC has made a significant entry into the carbon insurance market with the introduction of its pioneering product, Carbon Delivery Insurance. This groundbreaking offering is designed to address both the physical and political risks encountered by businesses engaged in purchasing voluntary carbon credits on a forward basis.

The International Air Transport Association (IATA) has reported significant advancements in the realm of sustainable aviation fuels (SAF), particularly focusing on electrofuels, in its latest 'Fly Net Zero Media Update' report.

In a significant move consolidating Europe's dependence on fossil fuels, the United Arab Emirates (UAE) has inked a deal to supply liquefied natural gas (LNG) to Germany for 15 years starting in 2028, as reported by Bloomberg. The agreement underscores the UAE's ambition to establish itself as a prominent energy supplier in the region.

As delegates gather for the International Maritime Organization's (IMO) Marine Environmental Protection Committee (MEPC 81) in London, the focus turns to enhancing energy efficiency and cutting emissions in the shipping industry. At the forefront of discussions is the Carbon Intensity Indicator (CII), a crucial tool in global efforts to address climate change.

The Chinese Ministry of Ecology and Environment (MEE) has initiated a consultation process for the inclusion of aluminum smelters in its national compliance emission trading scheme (ETS). The move, announced on March 15, marks a significant expansion of China's ETS, which currently covers only the power generation sector.

Japanese technology aimed at curbing carbon emissions from existing coal-fired power plants by introducing ammonia as a substitute for coal is set to undergo testing at a commercial plant later this month, marking a significant step towards its implementation.

The Ministry of Natural Resources and Environmental Sustainability (NRES) in Malaysia is currently undertaking a study on the National Carbon Market Policy (DPKK), with completion slated for next year. This was announced during a session at the Dewan Rakyat.

The international oil and gas sector, alongside the Middle East's national oil companies, is gearing up to greenlight an impressive array of projects this year, signaling a substantial investment surge totaling $125 billion. Wood Mackenzie's latest analysis projects up to 30 projects to receive final investment decisions (FIDs) in 2024, collectively holding an estimated 14 billion barrels of oil equivalent (boe) of resources.

In a move aimed at bolstering the infrastructure for electric vehicle (EV) owners, Warwickshire County Council (WCC) has unveiled a groundbreaking EV Parking Policy. This policy will see on-street EV charging bays designated exclusively for electric vehicles, effectively limiting their use to EV owners.

The Aam Aadmi Party (AAP) government in Delhi has announced the implementation of the new Delhi Solar Policy, 2024, aimed at significantly increasing the adoption of solar power systems in homes and businesses across the city.

In a bid to bolster its renewable energy sector and pave the way for a sustainable energy future, Zimbabwe recently hosted the Fifth Edition of the International Renewable Energy Conference and Expo. 

In an interview with The Associated Press, Akinwumi Adesina, the head of the African Development Bank, voiced his concerns over loans tied to Africa's natural resources. Adesina emphasized the difficulty in properly pricing such assets and highlighted the challenges these loans pose to sustainable development.

Recent reports about plastic recycling have made it clear that the plastics industry sold recycling as a glorified solution to the planet’s plastic waste problem. So where do we go from here? Should we abandon recycling as a solution against climate change or is there still scope for improvement?

The US Senate has taken a significant step forward in addressing recycling and composting challenges by passing two bipartisan bills aimed at improving data collection and expanding access to recycling infrastructure, applauded by the Consumer Brands Association.

Shell, one of the world's leading energy companies, has issued a stark warning about the risk of energy shortages unless there is a significant increase in investment in low-carbon energy sources. The company's caution comes amidst a global push towards net-zero emissions and growing concerns about energy security.

Adani Green Energy Limited (AGEL) has achieved another milestone in its renewable energy portfolio by operationalizing an additional 126 MW capacity of a wind power project in Gujarat. This development comes as part of the company's ongoing efforts to expand its presence in the renewable energy sector.

In a significant move towards sustainable energy development, a new $30 million facility managed by the Bahamas Development Bank is set to revolutionize the financing landscape for renewable energy systems. Guildan Gilber, Vice President of Alternative Power Sources Bahamas, made the announcement at the Andros Chamber of Commerce Economic and Investment Conclave, offering a ray of hope for businesses grappling with power generation challenges.

In a significant stride towards sustainable agriculture, Cotierra, a Swiss-Colombian carbon removal and agtech startup, has successfully secured $1 million in a pre-seed funding round. 

According to Climate Alliance, a coalition of civil society organizations, the proportion of Swiss pension funds committed to decarbonizing their investment portfolios has risen from 25% in March 2022 to 36% in March 2024. This shift reflects a growing recognition of the importance of aligning investment strategies with climate goals.

In line with President Biden's State of the Union Address promise to address tax disparities, the Biden administration has unveiled a proposal to substantially increase the federal tax on jet fuel for business jet operators over the next five years.

In a significant move towards addressing climate change, members of the Net Zero Banking Alliance (NZBA), a part of the broader Glasgow Financial Alliance for Net Zero, have voted to apply emissions reduction goals to their capital markets businesses. 

A comprehensive study published in the journal Nature reveals that methane emissions from US oil and natural gas operations are three times higher than previously estimated by the government. 

Germany's ambitious plans for offshore wind power expansion could potentially occupy up to one quarter of the country's exclusive economic zone in the North Sea and the Baltic Sea, according to the Federal Maritime and Hydrographic Agency (BSH).

March 14: Global celebration of rivers - vital for ecosystems. Advocates unite to protect and raise awareness for International Day of Action for Rivers.

The Climate Change Commission has issued a stern call to the New Zealand government, urging swift action to reduce the surplus of carbon credits available for purchase by polluters. This urgent appeal comes after four unsuccessful auctions in 2023, signaling a worsening problem that cannot be left unaddressed.

The Carbon Strips Market is poised for significant growth, with CoherentMI estimating its value to reach US$ 4.15 Billion by 2031, up from US$ 2.66 Billion in 2024. This anticipated growth is attributed to various factors driving demand for lightweight and high-performance materials across industries, particularly in automotive, aerospace, wind energy, and sports equipment.

A recent study conducted by global technology research and advisory firm ISG reveals that enterprises are increasingly directing their sustainability investment towards reporting and compliance services rather than infrastructure upgrades such as cloud or network modernization.

Tech giant IBM has unveiled a new commitment to invest $45 million in its social impact program, the IBM Sustainability Accelerator, as part of a pioneering initiative aimed at bolstering city resiliency through technology-focused climate adaptation solutions.

Water scarcity is a pressing issue affecting communities worldwide, with 80% of the global population facing its consequences. To address this challenge, the XPRIZE Foundation, known for its groundbreaking initiatives, has introduced the XPRIZE Water Scarcity competition. This initiative, funded by the Mohamed bin Zayed Water Initiative and supported by Elon Musk, offers a total prize purse of $119 million over five years.

Amidst increasing scrutiny over environmental, social, and governance (ESG) practices, insurers are grappling with concerns surrounding greenwashing, according to a recent survey conducted by Ortec Finance.

The Bremen Cotton Exchange and Fibre Institute Bremen are gearing up for the 37th International Cotton Conference in Bremen from March 20 to 22, expecting up to 400 attendees from 40 countries across the cotton supply chain. The event will feature keynote speeches on a range of topics, with a primary focus on the impact of European Union (EU) political guidelines on the industry.

The expansion of onshore wind power in Germany is regaining momentum, with industry lobby group BWE stating that the politically induced slowdown in newly installed capacity between 2019 and 2021 has been surmounted.

Bank of America (BofA) is ramping up efforts to expand its presence in the energy transition sector, aiming to bolster carbon trading and increase its involvement in power and natural gas markets trading, according to senior executives speaking to Bloomberg.

The Petroleum and Natural Gas Regulatory Board (PNGRB) is taking significant strides in facilitating the transportation of green hydrogen through natural gas transmission lines by incorporating hydrogen blending into the nation's infrastructure.

Carbon credit data and rating agency Sylvera has achieved a significant milestone by becoming the first of its kind to integrate the International Capital Market Association (ICMA) Code of Conduct into its Environmental, Social, and Governance (ESG) Ratings.

The Asian Infrastructure Investment Bank (AIIB) and the Banco Nacional de Desenvolvimento Econômico e Social (BNDES) have formalized a Memorandum of Understanding (MOU) aimed at bolstering collaboration in financing sustainable development projects. 

The latest report by Congruence Market Insights, titled 'Global Carbon Dioxide Removal Market - Size, Trends, Share, Growth, Dynamics, Competition, and Opportunity Forecast, 2023 - 2030,' offers a comprehensive analysis of the global carbon dioxide removal market, providing valuable insights into its size, trends, drivers, restraints, and opportunities.

Biofuels are anticipated to play a crucial role in the global green transition, offering a sustainable solution for decarbonizing planes, ships, and industrial activities that cannot solely rely on electricity and batteries. These low-carbon fuels have the potential to bridge the renewable energy gap, particularly as innovation drives the development of biofuels derived from waste plant materials, enhancing their sustainability.

A recent report by InfluenceMap has revealed that Canada's five largest banks undermined their net-zero commitments in 2022, maintaining higher exposure to the fossil fuel industry compared to their US and European counterparts.

In a move towards sustainable energy, a former coal plant in Queensland, Australia, is undergoing a transformation into a Tesla Megapack, set to become a hub for renewable power. The project, with an estimated cost of $330 million, is being funded by the Queensland Renewable Energy and Hydrogen Jobs Fund.

Amidst a growing rift over new fuel standards, Volkswagen announced its withdrawal from the policymaking committee of Australia's auto lobby. The decision follows Tesla's recent departure from the group, signaling a broader disassociation from campaigns against stricter emission regulations.

Red Trail Energy (RTE), a corn ethanol plant in Richardton, North Dakota, has become the first ethanol plant globally to join a voluntary carbon market, setting a new standard for sustainability and innovation in the industry.

Duferco plans clean hydrogen project in Sicily with Caronte & Nippon Gases Italia to decarbonize Messina plant, per Kallanish.

Last month was recorded as the hottest February, according to new data from Copernicus, the European Union’s climate monitoring service. This marks the ninth consecutive month that global temperature records have been shattered, further underscoring the ongoing impact of human-induced climate change.

Valmet Oyj, a Finnish provider of process technologies, has successfully raised EUR 200 million (USD 217.4 million) through the sale of senior unsecured green notes. This issuance marks the inaugural bond issued under Valmet's newly established Green Finance Framework.

In a significant development, the Osun State Government has announced that two separate investment conglomerates, Allegiance CNG Limited and First Tricon Construction Services Limited, have pledged a combined investment of $80 million in infrastructure and gas projects within the state.

In a bold move towards environmental sustainability, the New Jersey Senate Environment and Energy Committee has advanced a bill mandating the divestment of state retirement funds from major fossil fuel companies. 

The Haryana government has unveiled a draft, 'Haryana Green Hydrogen Policy 2024', aiming to generate 250 kilotonnes per annum (ktpa) of green hydrogen by 2030. The policy offers a range of incentives to attract investment in green hydrogen projects within the state.

Amazon and Glacier are teaming up to revolutionize recycling technology and combat waste through innovative AI and robotics solutions. The collaboration, driven by Amazon's Climate Pledge Fund, underscores a commitment to support entrepreneurs and female-led companies in climate tech.

A recent analysis by Greenpeace has highlighted the UK's lagging position in green spending among the top five Western European economies. Comparing the UK to France, Germany, Spain, and Italy, the analysis revealed significant disparities in per capita green energy investment and overall spending on low-carbon initiatives.

Royal Bank of Canada (RBC) has announced plans to significantly increase its investment in renewable energy, despite reporting limited progress in reducing the emissions intensity of its oil and gas financing.

In a significant move to boost renewable energy initiatives and advance climate goals, Britain is set to launch its next auction round worth more than £1 billion ($1.3 billion), according to government budget documents released on Wednesday.

In a significant move towards bolstering clean energy infrastructure and enhancing rural America's power grid, the U.S. Department of Agriculture (USDA) has unveiled plans to invest in clean energy projects across 23 states. 

A recent analysis by Wood Mackenzie reveals a historic low in the cost of renewable energy generation across the Asia Pacific region, marking a significant milestone in the clean energy transition. 

Lucknow's Urja Sathi, a sustainable energy-tech startup, secures INR 3.5M seed funding led by Ankitt Jain, Sharlee Jain, Neeraj Kumar Pawar, and Ayu Sharma.

A new global survey conducted by IBM's Institute for Business Value (IBV) in collaboration with Oxford Economics highlights the significant benefits that companies can experience by embedding sustainability into their operations. 

Epson, a leading technology company, has joined forces with Earth Hour, marking its first international corporate support for the global environmental movement. 

EU negotiators reached a historic agreement on Monday to ban single-use plastic packaging for items like fresh fruit and vegetables, mini hotel toiletries, and fast food in restaurants. 

Four of the largest US banks have withdrawn from the Equator Principles, an industry standard for assessing environmental and social risks in project financing. 

ABC Impact, a leading private equity fund, announced its investment in Winnow, the global leader in AI-driven food waste reduction solutions. Winnow's innovative technology, trusted by major hospitality businesses worldwide, aims to address the economic, social, and environmental impacts of food waste.

Jindal Stainless Ltd, India's largest stainless steel player, has unveiled plans to invest ₹700 crore over the next three years in sustainability projects, including renewable energy initiatives. 

EcoOnline launches Sustainability Reporting SaaS for accurate greenhouse gas measurement and ESG compliance in line with sustainability laws.

In its annual report to the Securities and Exchange Commission, BlackRock, a prominent financial services firm, has highlighted potential risks associated with its environmentally-focused investment endeavors, known as Environmental, Social, and Governance (ESG) investments. 

Europe's largest pension fund, ABP, headquartered in the Netherlands, has announced a more stringent environmental, social, and governance (ESG) policy for its investment portfolio. 

ABP, Dutch pension fund, to invest €30B emphasizing impact and sustainability. €10B for domestic projects, half for rental housing.

In a significant move towards combating climate change, the United Nations has initiated the implementation of a new carbon crediting mechanism aligned with the Paris Agreement, known as Article 6.4. 

LIC Housing Finance to issue green bonds in FY, backing eco-friendly housing. MD pledges focus on green financing for sustainable projects.

The Sixth United Nations Environmental Assembly (UNEA-6) wrapped up on March 1, 2024, leaving delegates divided over the final Ministerial Declaration's stance on plastic pollution and the Paris Agreement. 

Capital Bank has embarked on initiatives to enhance water use efficiency within its main buildings in a proactive move towards sustainability. 

On February 28, Egypt finalized agreements with seven global developers for green hydrogen and renewable energy projects, with anticipated investments totaling USD 40 billion (EGP 1.2 trillion). 

State-owned power producer SJVN Ltd announced on Sunday that its subsidiary, SJVN Green Energy, has won a 200 MW solar project in an e-Reverse Auction conducted by Gujarat Urja Vikas Nigam. 

Following the COP28 global climate summit, the Eastern and Southern African Trade and Development Bank Group (TDB Group) and the Global Green Growth Institute (GGGI) have joined forces to enhance cooperation in climate adaptation funding. Signed on December 20, 2023, the agreement aims to accelerate TDB’s implementation of its climate finance strategy across its member states in Africa.

Enviria, a German commercial and industrial solar startup, announced on Thursday that it has secured a capital commitment exceeding $200 million from BlackRock, the world's largest asset manager. The investment comes as Enviria aims to expand its solar projects across Germany.

Cadillac Fairview, managing the Pacific Centre and Waterfront Properties in Vancouver, is undertaking a $9.5 million decarbonization initiative. This project, backed by co-owners Ontario Teachers' Pension Plan and Investment Management Corporation of Ontario, aims to reduce carbon emissions in the region's office portfolio significantly.

Bloomberg reported a surprising trend in the European carbon market, where the price of CO2 emission allowances has fallen as the region accelerates its decarbonization efforts. 

A report from the Royal Society of Edinburgh (RSE) has called on ministers to rethink the substantial subsidies and tax breaks allocated to conifer forests, arguing that they do little to address the climate crisis. Instead, the report suggests redirecting funds towards planting longer-living native forests, which offer clearer benefits for climate and biodiversity.

Since the passage of the $1.2 trillion bipartisan infrastructure law in 2021, lauded by President Biden as a transformative effort to revamp America's crumbling infrastructure, concerns are mounting over the disproportionate allocation of funds towards highway expansion at the expense of public transit.

The Environmental Protection Agency (EPA) is set to introduce a new rule aimed at curbing methane emissions from the oil and gas industry. The rule, soon to be published in the Federal Register, has prompted pushback from industry stakeholders.

Hyundai Motor India Limited (HMIL) has set ambitious targets to reach 100% renewable energy usage by 2025, aligning with the global RE100 benchmark. Currently, the company fulfills 64% of its energy requirements through renewable sources. 

The European Parliament voted on Tuesday to approve the nature restoration package, with 329 votes in favor, 275 against, and 24 abstentions. The legislation mandates restoration measures on at least 20% of land and sea by area size this decade, expanding to all ecosystems in need of repair by 2060.

Egypt has taken significant strides toward advancing its green hydrogen and renewable energy initiatives by signing seven memorandums of understanding (MoUs) with international developers and government entities. 

Morgan Stanley has announced its membership in the global steering committee of the Partnership for Carbon Accounting Financials (PCAF), signaling its commitment to standardizing carbon accounting practices within the financial sector. 

In a joint effort, the US Department of Energy (DOE) and the US Environmental Protection Agency (EPA) have announced plans to issue a Funding Opportunity Announcement (FOA) aimed at allocating $1 billion in financial assistance awards. 

Oxford University updates 'Oxford Offsetting Principles' to enhance credibility and guide toward net-zero with clearer directives.

Singapore is set to embark on a groundbreaking project to construct the world's largest ocean-based carbon removal plant over the next 18 months. 

The government of the Special Administrative Region (SAR) of Hong Kong is set to inject tens of millions of Hong Kong dollars into initiatives to transform the city into a Green Shipping Hub. 

China's Ministry of Ecology and Environment (MEE) announced on Monday that the Interim Regulations for the Management of Carbon Emission Trading will take effect on May 1, 2024. These regulations mark a significant step for China, which operates the world's largest carbon market regarding covered greenhouse gas emissions.

Canada is re-entering the sustainable debt market, marking its first issuance since the government amended its sovereign green finance framework last November to include nuclear power. 

Verizon Communications Inc. settled its sixth green bond offering of $1 billion on February 23, with the net proceeds earmarked for renewable energy investments to advance greener electrical grids in the U.S. 

West Virginia State Treasurer Riley Moore has issued warnings to six major banks, including Citibank and HSBC Holdings, threatening to blacklist them from state business due to their support of climate-conscious investing strategies known as ESG (environmental, social, and corporate governance). 

The UK government has announced its withdrawal from the Energy Charter Treaty (ECT), citing the failure to reform the post-Cold War treaty adequately. Initially designed to safeguard investments in petroleum-rich post-Soviet states, the treaty has predominantly been utilized by energy companies to litigate against Western European governments.

GeoPura, a clean energy provider specializing in green hydrogen solutions, announced today that it has successfully raised £56 million (USD$70 million) in an investment round to advance green hydrogen adoption in the UK. 

Global investment firm KKR & Co announced on Wednesday that it had successfully raised $6.4 billion for its fund, focusing on infrastructure and energy-related investments across the fast-growing Asia Pacific region. 

In a significant move to address water scarcity and combat climate change, the African Development Bank (AfDB) and the OCP Group have signed three loan agreements in Rabat totaling $188 million. 

Recent research conducted by University of New Mexico Health Sciences researchers has revealed the presence of microplastics in human placentas, shedding light on a concerning trend in environmental pollution. 

The UK's advertising regulator, the Advertising Standards Authority (ASA), has dropped its investigation into Ford after the carmaker's claims of "zero emission driving" in a recent Google advertisement. The claims, featured in a paid advert for Ford's Explorer SUV model, were deemed unlikely to mislead the public, according to the ASA's ruling.

Lake Stevens is on the brink of a significant upgrade to its public infrastructure with the forthcoming construction of a new library, a collaboration between Sno-Isle Libraries and Seattle-based BuildingWork architects. The library, first introduced to the public in June 2023, has recently achieved a crucial milestone with the submission of a land use application to the city.

The Australian Treasury has launched a consultation to gather feedback on proposed rules regarding climate-related financial disclosure, aiming to align with recommendations from the International Sustainability Standards Board (ISSB). The consultation, open for responses until February 17, 2023, seeks initial views on key considerations for standardized, internationally aligned requirements for disclosing climate-related financial risks and opportunities in Australia.

The Securities Commission of Malaysia has announced the initiation of a consultation process regarding the potential adoption of the International Sustainability Standards Board (ISSB) standards, developed by the IFRS Foundation, as the foundation for mandatory sustainability reporting requirements for listed and large companies in the country.

Negotiators representing the European Parliament and EU member states have reached a provisional agreement on establishing a certification framework for carbon removal within the EU. The framework aims to incentivize carbon removal activities, including those in agriculture and sets minimum sustainability standards.

Shell is poised for expansion in the German biomethane market, aiming to cater to its client base's demand for decarbonized energy while capitalizing on the potential for profitability in a high-value segment. 

Australia is embarking on a consultation process to gather feedback on proposed climate-related financial disclosure rules in line with recommendations from the International Sustainability Standards Board (ISSB). 

The Power Grid Corporation of India has greenlighted a substantial investment of $87.6 million USD aimed at bolstering electricity transmission projects across the nation in a significant move poised to enhance the country's power infrastructure. 

Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have forged a Memorandum of Understanding (MoU) to propel renewable energy projects across India. 

The Rockefeller Foundation has suggested a novel strategy for advancing the transition to clean energy in the Philippines, emphasizing meticulous planning by the recipient countries rather than relying solely on grand political gestures, which have often hindered international energy transition initiatives elsewhere. 

CRIF, a leading provider of consumer and business credit information in Europe, has unveiled ESG Analytics, a revolutionary data repository and scoring service aimed at enabling UK banks to swiftly evaluate the environmental, social, and governance (ESG) profile of their suppliers, partners, and customer portfolio across the UK and EU. 

Japanese cardboard manufacturer Rengo is set to invest $133 million to produce raw materials for sustainable aviation fuels (SAF) from construction waste by 2027. 

As part of its commitment to sustainability, Airbus showcased its A350-1000 aircraft utilizing sustainable aviation fuel (SAF) during the Singapore Airshow 2024, held from Feb 20 to Feb 22. 

The Indonesian Ministry of Environment and Forestry (KLHK) is actively promoting green investments to facilitate a shift towards clean energy and mitigate carbon emissions, aiming for sustainable development in the country. 

US natural gas prices have nosedived to levels not seen in nearly three decades, driven by a combination of record-high production and historically warm winter weather. 

A recent report by the Center for Climate Integrity (CCI) reveals that plastic producers have knowingly misled the public for over 30 years regarding the feasibility and effectiveness of plastic recycling as a waste management solution. 

Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), revealed a series of initiatives to strengthen Egypt's non-banking financial sector while promoting sustainability. 

Differences in opinion among major Indian automobile manufacturers have stalled progress in reaching a consensus on calculating carbon credits. 

The government has released guidelines for initiating pilot projects to utilise Green Hydrogen as fuel in buses, trucks, and four-wheelers, marking a significant step towards decarbonizing the transport sector. 

The International Finance Corporation (IFC) has announced its subscription of up to $10 million in Tajikistan's landmark local currency green bond issued by Eskhata Bank, marking a significant milestone for the country's financial sector. 

King & Wood Mallesons (KWM) recently guided a syndicate of lenders, including Westpac Banking Corporation, Standard Chartered Bank, Export Development Canada, and Société Générale, in a $400 million financing deal. 

Wisconsin Governor Tony Evers recently secured federal funding to purchase 70,000 acres of the Pelican River Forest, marking the state's largest conservation effort. 

The New York State Common Retirement Fund, overseeing $260 billion in assets, announced plans to divest from Exxon Mobil Corp. and seven other oil and gas companies totaling approximately $26.8 million in stocks and bonds. 

European renewable ethanol producers have initiated legal action against the EU's RefuelEU Aviation Regulation, arguing that it unfairly excludes crop-based biofuels from efforts to mitigate greenhouse gas emissions in air transport. 

South Korea’s Financial Services Commission (FSC) announced plans to introduce guidelines for public disclosures on investments aligned with environmental, social, and governance (ESG) objectives by March or April. 

Greenland Resources Inc. has inked a Memorandum of Understanding (MOU) with COWI, Denmark's integrated engineering and environmental firm. 

Tech Mahindra, headquartered in Pune, is charting an ambitious path towards decarbonization, aiming for net-zero emissions by 2035. As part of this endeavor, the company plans to ramp up renewable energy sources to constitute 90% of its energy mix by 2030.

Adani Green Energy Limited (AGEL) has started operationalizing a 551 MW solar capacity in Khavda, Gujarat, marking a significant milestone in India's renewable energy sector. 

European aviation associations, including airlines, airports, civil aeronautics industry, and air navigation service providers, are urging EU policymakers to bolster efforts in developing a leading sustainable aviation fuel (SAF) industry. 

Japan's government is poised to issue its inaugural tranche of bonds to fund the development of clean energy resources, with investors anticipating robust demand due to the scarcity of yen-denominated green bonds.

Dubai Municipality has inked a Memorandum of Understanding (MoU) with global corporations during the World Governments Summit 2024 to revolutionise waste management practices in Dubai. 

Raízen, Brazil’s third-largest energy corporation in terms of revenue, and Wärtsilä, a Finnish manufacturer,  have joined forces to accelerate the decarbonization of the marine sector through the exploration of ethanol as a marine fuel. 

The European Parliament is poised to enforce stringent limits on carbon offsetting arrangements, signalling a crackdown on greenwashing within the EU. 

The Global Environment Facility (GEF) gathered its 186 member governments in Washington for the inaugural meeting of the Council of the Global Biodiversity Framework Fund (GBFF), marking a significant step towards addressing pressing environmental concerns. 

In response to industry recommendations on battery reuse and recycling from the India Battery Manufacturing and Supply Chain Summit 2024, the India Energy Storage Alliance (IESA) has announced the establishment of the India Reuse and Recycling Council (IRRC). 

England is set to introduce a biodiversity credit scheme this week, aiming to ensure that all new construction projects contribute positively to nature conservation. 

Chile is actively seeking European investors to support its transition to renewable energy sources like solar, wind, and green hydrogen. 

After three years of halted fracking activity, Governor Newsom's California Geologic Energy Management Division unveiled its proposal to phase out fracking in the state formally. The plan aims to discontinue the issuance of new fracking permits to curb greenhouse gas emissions and safeguard the well-being of California's residents, wildlife, air, and land.

The Government of the Hong Kong Special Administrative Region (HKSAR) has issued approximately HK$6 billion in digital green bonds, showcasing a groundbreaking integration of fintech and green finance. 

China's surge in renewable energy deployment is poised to bring about an earlier-than-expected peak in greenhouse gas (GHG) emissions, potentially occurring as soon as this year. The country's aggressive investments in renewable energy, highlighted by the installation of 217 gigawatts of solar power and 76 gigawatts of wind power last year alone, have positioned it as a global leader in clean energy adoption. 

Impact investors in Nigeria have emphasized the importance of engaging a broader audience, particularly Small and Medium Enterprises (SMEs), to ensure the successful implementation of the country's International Sustainability Standards Board (ISSB) standards. 

Deputy Prime Minister Datuk Seri Dr. Ahmad Zahid Hamidi has unveiled Malaysia's Environmental, Social, and Governance (ESG) Quick Guide for Micro, Small, and Medium Enterprises (MSMEs). 

The Sol do Sertão Renewable Energy Project in Brazil has garnered acclaim from the Global Carbon Council (GCC), earning a prestigious platinum seal and ranking among the world's top four carbon projects. 

Two significant New York City pension funds pressured the Royal Bank of Canada (RBC) to disclose more information about its clean energy investments. The New York City Employees’ Retirement System and Teachers’ Retirement System of the City of New York have filed a shareholder resolution, urging RBC to fully report the ratio of its clean energy funding compared to its fossil fuel funding. 

The European Commission announced its strategy to significantly boost industrial carbon capture, storage (CCS), and utilization capacity across the EU, marking a pivotal step in its quest to meet ambitious climate targets, including achieving net zero emissions by 2050.

India's HDFC Bank, the country's largest private lender by market capitalization, has successfully raised $750 million through its debut sustainable finance dollar-denominated bond issue and senior unsecured dollar bonds, as stated in a release on Wednesday.

Following its emergence as the leading global market for green bond sales in the fourth quarter of 2023, China is anticipated to witness a surge in green bond issuance in 2024, driven by ambitious domestic policies and favorable financial conditions.

Legislation currently under consideration in Washington state aims to mandate airport operators to offer a minimum blend of 10% sustainable aviation fuel (SAF) for private jets owned by individuals or businesses under specific conditions. 

According to energy officials, the International Islamic Trade Finance Corporation (ITFC) has inked a significant $2.1 billion financing plan with Bangladesh to support the nation's crucial oil and gas imports. 

Anne Steinberg, a retired technical college teacher from Milwaukee, is spearheading a campaign urging the State of Wisconsin Investment Board (SWIB) to divest from fossil fuel-related investments. 

A recent investigation has shed light on allocating millions of euros in purportedly 'climate-friendly' investments to major carbon emitters. Fossil fuel giants, including BP, Chevron, Eni, Exxon, Repsol, Shell, and Total Energies, were identified as beneficiaries, revealing a concerning trend within the green finance landscape.

A recent study conducted by Elise Gourier and Helene Mathurin at ESSEC Business School has uncovered a concerning trend: investments in sustainable funds are dwindling due to a surge in greenwashing and growing skepticism towards Environment, Social, and Governance (ESG) focused investing.

In a move to bolster its position as a digital asset hub, the government of Hong Kong has successfully sold $750 million worth of digital green bonds across four currencies. 

Luxury sports car manufacturer Automobili Lamborghini has unveiled a bold climate commitment, aiming for a 40% reduction in CO2 emissions per car across its entire value chain by 2030. 

Element United, a Utah-based company led by former miner and Jungle Gold star Scott Lomu, has unveiled plans for a tokenized carbon credit marketplace and a subscription-based Offset program. 

Global financial services provider ING has predicted continued growth for the carbon capture and storage (CCS) market, despite facing obstacles at the start of 2024.

India's Ahmedabad Municipal Corporation has successfully accepted bids totaling Rs 200 crore ($24.1 million) for its inaugural green bonds, with a maturity period of five years, according to three bankers familiar with the matter on Monday.

The Global Reporting Initiative (GRI), a pioneer in promoting standardized Environmental, Social, and Governance (ESG) reporting, has unveiled its latest initiative - a dedicated reporting standard tailored for the mining sector. 

In a significant uptick, India's coal production witnessed a notable increase of 10.3% in January, reaching 99.73 million tonnes (MT) compared to the corresponding period last fiscal year. 

Hong Kong will host a three-day green and sustainable finance training event in June, targeting policymakers, regulators, and finance professionals from dozens of developing nations. 

Japanese trading house Itochu has taken on a larger role in developing large-scale solar power plants in the US. 

During India’s Budget 2024 speech, Finance Minister Nirmala Sitharaman announced plans to make 10 million households' rooftops solar-powered. She also mentioned offering funding to tap into offshore wind energy, starting with one gigawatt capacity, in a move to accelerate the country towards its net zero carbon emissions goal.

The Ministry of Municipality in Qatar supports recycling initiatives by offering recyclable materials at no cost to recycling factories in the country. 

In a strategic move to bolster the country's energy infrastructure, major players in India's oil and natural gas sector, including the Oil and Natural Gas Corporation (ONGC) and Indian Oil Corporation (IOC), are gearing up to invest a substantial amount of approximately Rs 1.2 lakh crore in the fiscal year 2024-25. 

The New Mexico House of Representatives has passed a proposal to incentivize fuel companies to invest in cleaner options by allowing them to purchase carbon tax credits. These credits can then be sold to companies producing traditional fossil fuels. 

Generate Capital, a sustainable infrastructure developer based in San Francisco has successfully raised $1.5 billion in capital commitments from institutional investors and pension funds. 

Australia's national science agency, CSIRO, and Swinburne University of Technology have joined forces to spearhead research and development in green steel and mineral processing, contributing to global decarbonization efforts. 

The Japan Bank for International Cooperation (JBIC) has inked a Heads of Agreement (HOA) with the Abu Dhabi National Oil Company (ADNOC), laying the groundwork for discussions on financing within JBIC’s GREEN operations. 

Ajman Bank has joined forces with Mastercard to integrate innovative sustainability solutions into its services. 

TotalEnergies has entered into an agreement with Wenea to build a prominent electric mobility network in Spain, focusing on the development of high-power charging hubs. 

Japanese retail investors have withdrawn ¥660 billion ($4.5 billion) from ESG mutual funds in 2023, marking a significant increase from the ¥150 billion outflows in 2022, according to research firm Morningstar. 

The European Commission has initiated an in-depth investigation to assess the compliance of two Swedish tax exemption schemes for non-food-based biogas and bio-propane with European Union (EU) State aid rules. 

The Asian Development Bank (ADB) has achieved a record commitment of $9.8 billion in climate finance in 2023, marking a more than 46% increase from the previous year. 

The International Energy Agency's (IEA) annual renewables report for 2023 indicates a slowdown in the growth of green hydrogen capacity compared to the previous year's forecast. 

A recent study by World Weather Attribution, an international group of scientists, points to climate change as the primary cause of a historic drought in the Amazon rainforest. 

The State of California is facing a lawsuit against two out of three of its new climate laws, namely the ‘Climate Corporate Data Accountability Act’ (Senate Bill 253) and the ‘Climate-Related Financial Risk Act’ (Senate Bill 261). 

The China Electricity Council (CEC) has predicted that China's installed wind and solar capacity will surpass coal capacity in 2024. 

Emirates has become a member of the Solent Cluster, a cross-sector collaboration consisting of over 100 international organizations, manufacturers, engineering companies, regional businesses, and academic institutions. 

Qualitas Energy, Spain's leading renewable energy fund, has reached an agreement to acquire Heelstone Renewable Energy LLC from Ares Management LLC. 

Berlin-based BlueLayer, a comprehensive software platform for carbon project developers, has raised €9.2 million in seed and pre-seed investment rounds, with Point Nine, an early-stage venture capital firm, leading the seed investment. 

The Canada Pension Plan Investment Board (CPPIB), responsible for managing retirement savings for over 21 million Canadians, is facing criticism for a $100 million investment in liquefied natural gas (LNG) projects. 

The latest Sustainable Signals survey from the Morgan Stanley Institute for Sustainable Investing reveals a significant opportunity for asset managers to better align their sustainable investment practices, products, and reporting with the expectations and priorities of global asset owners. 

The Kenyan government released draft Carbon Market Regulations, on 29th January, inviting public scrutiny and submissions until early February 2024. 

A coalition of 11 state agricultural commissioners and one secretary of agriculture in the US has raised concerns with six major financial institutions regarding their participation in the Net-Zero Banking Alliance (NZBA). 

Companies responsible for verifying environmental, social, and governance (ESG) claims may be required to adhere to a new ethics code to address greenwashing, according to the International Ethics Standards Board for Accountants (IESBA). 

The Indian central government has introduced a ‘Framework for Voluntary Carbon Market in Agriculture Sector and Accreditation Protocol of Agroforestry Nurseries’ to encourage voluntary carbon markets in the agriculture sector. 

The European Council on Monday announced the adoption of new legislation aimed at phasing down highly potent greenhouse gases, including fluorinated gases (F-gases) and ozone-depleting substances (ODSs). 

While the world is trying to sprint through the race against climate change, climate investments have taken an antithetical turn in the US. 

Ireland is increasingly susceptible to the effects of climate change, as highlighted by the Environmental Protection Agency's (EPA) groundbreaking Climate Change Assessment Report, which serves as the country's first comprehensive scientific evaluation of its changing climate and the necessary measures to avert catastrophic impacts. 

India's natural gas demand is poised for a 6% increase in 2024, rebounding from a 7% year-on-year decline observed in 2022, according to the latest report from the International Energy Agency (IEA). 

A new computer model developed by scientists from the University of Lausanne, in collaboration with the University of Grenoble, ETHZ, and the University of Zurich, predicts a minimum loss of 34% in the volume of ice in the European Alps by 2050. 

Repsol Norge, a Norwegian multi-energy company has entered into a contract with Vissim to deploy an advanced oil spill detection system at the Yme Field on the Norwegian Continental Shelf. 

A report by the International Energy Agency (IEA) predicted that nuclear power generation is on track to break records in 2025, driven by investments in reactors to support the global shift toward a low-carbon economy. 

Environmental experts, aspiring city planners, and students participated in a guided tour of Bhopal’s wetland on Sunday, on the occasion of World Wetlands Day. 

Trinidad and Tobago is set to enhance their natural gas supply by pursuing additional deals with Venezuela after receiving a license to extract from the […]

UNDP and Pegasus Capital join for climate, energy, and nature-positive investments in emerging economies. Collaboration focuses on substantial infrastructure funding.

Senators Grassley, Moran, Ernst, Klobuchar, Duckworth introduce Farm to Fly Act, leveraging USDA programs to advance sustainable aviation fuel development.

The Asian Development Bank (ADB) has announced plans to deploy private capital as a significant part of its strategy to address urgent climate goals. 

China's voluntary carbon market has resumed trading after a four-year hiatus, marking a significant step toward funding emission reduction projects. Also known as the China Certified Emission Reduction (CCER) scheme it is now open for businesses for voluntary trade. 

A recent study from the University of California, Berkeley, has shed light on a significant overestimation of carbon savings attributed to the distribution of efficient cookstoves in developing countries. 

The European Banking Authority (EBA) has initiated a public consultation on draft Guidelines addressing the management of Environmental, Social, and Governance (ESG) risks. 

The Ugandan government has chosen Alpha MBM Investments from the United Arab Emirates (UAE) as the preferred bidder for its ambitious $4 billion oil refinery project. 

According to a report released on Tuesday by Stop the Money Pipeline, Sierra Club, and Stand.earth, state pensions are not doing enough to protect beneficiaries from the rapidly growing environmental and climate-related financial risks. 

The US Department of Agriculture (USDA) announced $173,500 in clean energy project grants for two rural businesses in Arkansas. 

Mukesh Ambani's Reliance Industries announced its plans to commission a colossal energy giga complex in Gujarat in the second half of 2024. 

Ankara Metropolitan Municipality's subsidiary, BUGSAŞ AŞ, is installing a Solar Power Plant at the AŞTİ transportation hub to save energy consumption. 

Trillion Energy International Inc. has reiterated its production guidance for the SASB natural gas field offshore Turkey. 

EVE Energy's Malaysian subsidiary, EVE Energy Malaysia, has inked a Memorandum of Understanding (MoU) with Invest Kedah Bhd to create 'EVE Energy Storage Malaysia Company.' 

House Bill 41, aiming to reduce the carbon intensity of transportation fuels by rewarding companies investing in cleaner options was passed by the House Energy, Environment, and Natural Resources Committee in New Mexico. 

In a ministerial briefing on Friday, Xin Guobin, a vice minister at China’s Ministry of Industry and Information Technology, expressed concern over the excessive number of new energy vehicle (NEV) investment projects launched by local authorities in China. 

Oil and gas companies operating offshore Norway, including Equinor, Aker BP, and Vår Energi, are intensifying their exploration efforts in the Arctic Barents Sea to unlock new natural gas supplies.

Shell is set to conclude almost 100 years of onshore oil and gas operations in Nigeria by selling its subsidiary to a consortium of local companies for up to $2.4 billion. 

Berlin's city center faced a standstill as thousands of German farmers, supported by workers from various industries, protested against rising costs and the government's plan to phase out agricultural fuel subsidies. 

The Justice Department and Commodity Futures Trading Commission are reportedly investigating Aspiration, a California fintech, over potential misconduct related to its carbon offset sales. 

Amazon announced that it invested in 100 new solar and wind energy projects in 2023. This makes Amazon the largest purchaser of renewable energy in the world for the fourth consecutive year. 

Iberdrola and the Norwegian sovereign wealth fund, managed by Norges Bank Investment Management, are set to invest $2 billion in renewable energy projects based in Spain and Portugal over the next three years. 

Torrent Power Ltd, a leading Indian integrated power utility, has pledged a substantial investment of INR 47,350 crore (approximately $5.7 billion) in Gujarat. 

Shares of the Indian Renewable Energy Development Agency (IREDA) experienced a notable uptick following the announcement of a collaboration with the Indian Overseas Bank to jointly finance renewable energy projects. 

The Indian Institute of Petroleum (IIP) is set to sign a Memorandum of Understanding (MoU) with Airbus, a European global aerospace corporation, to collaborate on the development, testing, and certification of indigenous Sustainable Aviation Fuel (SAF) in India. 

In a five-point plan announced in Davos, Switzerland, mining and metals companies representing a third of the global industry acknowledged past harm and said decarbonization must not be at the expense of nature.

On Tuesday, over 100 financial institutions across the globe including Schroders, Robeco, Nomura Asset Management, Mirova, Fidelity International, Federated Hermes, and Candriam, declared that they will begin releasing TNFD-aligned financial disclosures, either starting in 2024 or 2025 at the latest. 

The EU parliament on Wednesday voted to ban the use of terms such as “climate neutral” or “climate positive” for products and services. This decision comes amidst rising greenwashing concerns amongst companies that rely on carbon offsets for these claims. 

The Financial Conduct Authority (FCA) has established a new working group to enhance sustainable finance capabilities across the financial advice sector. 

The World Bank's International Bank for Reconstruction and Development (IBRD) has successfully priced a new 5-year CAD $1.4 billion benchmark bond maturing in January 2029. 

The UK government has granted approval to Drax for its planning application to convert two biomass units at the Drax power station to utilize bioenergy with carbon capture and storage (BECCS) technology. 

Automotive Cells Co (ACC), a joint venture between Stellantis, TotalEnergies, and Mercedes-Benz Group, has joined forces with UK startup Circulor to verify the origin and embedded carbon emissions of raw materials used in electric vehicle (EV) battery cells. 

London is inadequately prepared for the imminent challenges of heatwaves, flooding, and rising sea levels, according to a report commissioned by Mayor Sadiq Khan.

Posco, South Korean steel giant, has achieved a significant milestone by securing $500 million through a three-year US dollar green bond, as disclosed in a term sheet reviewed by Reuters. 

Market economics are likely to slash Bulgaria's use of coal-fuelled power years before the government's official 2038 phase out date, the country's climate minister said on Monday.

Juneau, Alaska, is addressing the impact of tourism-related emissions on its environment with a distinctive initiative. 

A breakthrough innovation in India’s nuclear energy industry, called ANEEL (Advanced Nuclear Energy for Enriched Life), is gaining attention. 

China has announced plans to conduct an annual inventory of its greenhouse gas emissions, a move aimed at enhancing its carbon trading capabilities and meeting […]

A Reuters report published today claims that India’s JSW has proposed to outbid Adani Power for the possession of a thermal power plant, the Amarkantak project. 

BBVA Spark, a multinational financial services company, on Thursday announced its approval of a €15 million 'Venture Debt' facility for Cabify, in a bid to promote sustainable mobility in Spain. 

The US Environmental Protection Agency (EPA) has come under fire from House Republicans for its Methane Emissions Reduction Program. 

Speaking at the Vibrant Gujarat Global Summit 2024, Finance Minister Nirmala Sithraman announced the creation of a fin-tech lab at GIFT City, to facilitate the trade of green credits. 

Xpansiv Limited, an infrastructure provider for global energy transition, and Evident Group Limited, a clean economy registry provider and certification body, have reached an agreement in which Xpansiv has acquired a minority interest in Evident.

Electrolux Group yesterday announced its second round of science-based climate targets after they reached their previous targets three years before planned. 

In a strategic move towards fostering a sustainable energy future, Japan's leading refiner, Eneos Corp, has announced a significant investment in MVCE Gulf Coast. 

INA, the Croatian energy company, is set to invest €40 million in transforming a former petroleum refinery in Sisak into a biogas and biomethane production facility. 

Finnish energy company Gasum has entered a significant agreement with Nordic Ren-Gas for the purchase of all e-methane produced at the Tampere power-to-gas plant from 2026 onwards. 

The 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change concluded in Dubai with countries failing to reach an agreement on Article 6 of the Paris Agreement. 

In a move for carbon markets worldwide, Switzerland and Thailand have finalized the first-ever transaction involving Article 6.2 carbon credits, signifying a significant step in emissions reductions under the Paris Agreement.

Experts are forecasting that 2024 might surpass 2023 as the hottest year in recorded history, attributing this prediction to the exacerbating effects of climate change and the influence of the El Niño phenomenon.

Singaporean companies have unveiled plans to invest a staggering $5 billion in diverse sectors including infrastructure, technology, sustainability, and data centers in Tamil Nadu, marking an expansion of Singapore's footprint within the southern Indian state.

A collective force of more than 67 organizations has united in an open call urging the world's largest banks to cease financial support for new metallurgical coal production and expansions.

Abu Dhabi's TAQA, the national energy company, is entering into sustainable energy with plans to invest 100 billion Moroccan dirhams, equivalent to $10 billion, in a colossal 6-gigawatt (GW) green hydrogen project. 

Altus Power, a clean energy giant,  has successfully closed a secured credit facility valued at $100 million, courtesy of an affiliate of Goldman Sachs Asset Management and CPPIB Credit Investments III Inc., a subsidiary of Canada Pension Plan Investment Board. 

A breakthrough discovery at Heriot-Watt University Edinburgh Campus in Scotland has potentially revolutionized the future of sustainable fuel production by utilizing wastewater from the whisky industry to generate green hydrogen. 

In a bid to foster sustainable practices in the financial sector, the Reserve Bank of India (RBI) has recently released comprehensive guidelines for green deposits. 

New regulations have tightened the rules around the availability of tax credits for electric vehicles (EVs), potentially reducing the number of eligible vehicles by up to $7,500 starting January 1. 

As the sun hangs perpetually in the sky of the Antarctic summer, scientists have witnessed unprecedented environmental upheavals in 2023, prompting concerns about humanity's lasting impact on the continent.

Australia's Agriculture Minister, Murray Watt, addressed the challenges in predicting extreme weather events, attributing the difficulty to climate change effects. Speaking on the Australian Broadcasting Corp. radio, Watt highlighted the evolving impact of climate change on traditional weather models.

The Swiss organization of older women, KlimaSeniorinne, is taking the government to the European Court of Human Rights, alleging insufficient efforts in addressing the climate crisis.