Investments

               
Singapore, partner to raise $5 billion to support…
Singapore plans to raise $ 5 billion along with its international partners that will help finance climate initiatives in Asia, the Monetary Authority of Singapore…
               
Chevron arm launched $500 million for low-carbon technologies…
Chevron's venture capital arm said it has launched its third fund committing $500 million to invest in renewable energy technologies, as major oil companies seek…
               
Acre Impact Capital launch $100 million fund for…
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…
               
Green data centres help drive investments in Southeast…
A report released Monday highlights a notable rise in green investments across Southeast Asia in 2023, driven partly by green data center projects. However, the…
               
World leader urge nations to ratify UN Ocean…
The European Union, along with the governments of 13 countries, has called upon nations to prioritize the ratification of a UN treaty aimed at protecting…
               
Smart energy company completes Series C funding of…
GridBeyond, a smart energy company, has completed a Series C funding round of €52M ($55 million). This funding will aid the company in scaling up…
               
Sublime Systems receives potential $87 million funding for…
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…
               
EU to invest 3.5 billion euros for ocean,…
The European Union has pledged 3.5 billion euros towards ocean protection and sustainability this year through a series of initiatives, the EU's top environment official…
               
Industrial gas manufacturer receives funding to build hydrogen…
On Monday, Air Products and Chemicals, an industrial gas manufacturer based in Pennsylvania, announced that it had secured funding to construct two hydrogen refueling stations…
               
Singapore’s carbon management firm and Malaysian University collaborate…
Universiti Teknologi Malaysia (UTM) and Climate Resources Exchange International (CRX) from Singapore have signed a Memorandum of Understanding (MoU) to lead carbon-related projects in Malaysia.…
               
Azerbaijan to address disagreements on climate finance at…
The Presidency has begun preparations for the upcoming UN climate talks in Baku this November. Officials from Azerbaijan, the host nation, note early disagreements among…
               
Japan and US partner to reduce floating offshore…
Japan has agreed to collaborate with the United States to lower the expense of floating offshore wind projects in deep waters by 2035, the White…
               
Adani Group unveils approx. $30 billion investment plan…
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…
               
JSW Energy raises $65 million from institutional investors,…
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…
               
Ingka explores offshore wind investments in South Korea…
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…
               
Chevron to invest in ION Clean Energy, aims…
Chevron New Energies (CNE), a division of Chevron Inc., has invested significantly in ION Clean Energy (ION), a technology company based in Boulder. ION specializes…
               
CIP invests £250 million in UK solar developer…
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…
               
Georgia Senators Warnock and Ossoff secure clean 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…
               
Investors show a growing appetite for environment-conscious companies 
Amidst a changing landscape in investment strategies, sustainable investing emerges as a compelling avenue for those seeking broader objectives beyond mere financial gain in portfolio…
               
EU’s $43 billion fund to be the high-stakes…
Early outcomes from the European Union's Innovation Fund, a €40 billion ($43 billion) investment initiative pivotal to Europe's zero-carbon economy goals by mid-century, are surfacing. 
               
Asset management firm to lead $50 billion investment…
Through its offshore wind unit Corio Generation Ltd., Macquarie Asset Management is investing $50 billion in offshore wind projects across various markets over the next…
               
Swedish steelmaker to invest $4.8 bln mln in…
Sweden’s SSAB announced on Tuesday that it plans to invest 4.5 billion euros ($4.83 billion) in constructing a fossil-free mini-mill in Lulea. 
               
Goldman Sachs Renewables MN8 raises $325 million funding
MN8 Energy, a producer of solar energy and energy storage, announced it had secured $325 million through a private placement of convertible preferred stock. The…
               
BlackRock CEO reaffirms investment in oil and gas…
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…
               
First Bus announces £89 million investment in zero-emission…
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…
               
US DOE initiates $1 billion investment for hydrogen-ready…
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…
               
Walmart invests in 19 solar projects across US,…
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…
               
New study reveals 80% of sustainable bonds fail…
New research from the investor-oriented nonprofit Climate Bonds Initiative (CBI) indicates that over 80% of the 768 sustainability-linked bonds issued between 2018 and November of…
               
NATO debuts as a climate tech investor 
NATO, the military alliance, has ventured into startup acceleration with its Defense Innovation Accelerator for the North Atlantic (DIANA) program, an initiative to foster technological…
               
Biden administration to invest $6 billion in industrial…
The US Department of Energy (DOE) announced the selection of 33 projects slated to receive funding of up to $6 billion. These initiatives aim to…
               
Invesco unveils $2.1 billion fund tackling water scarcity,…
On World Water Day, analyst Mahi Roy highlighted five US-based funds and several companies dedicated to enhancing water access quality and tackling various water-related challenges. 
               
Australia faces urgent need for investment to prevent…
According to the grid operator, Australia, a major natural gas exporter, urgently needs investment to avert shortages in several densely populated regions starting in 2025…
               
Morgan Stanley’s asset management arm eyes $1 billion…
According to individuals familiar with the situation, Morgan Stanley's asset management division intends to secure a minimum of $1 billion for a new fund focused…
               
Billions invested in fossil fuels by local government…
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…
               
Swiss National Bank stands firm on investment policy…
The Swiss National Bank (SNB) has reiterated its stance on environmental considerations, stating that it will not alter its investment strategies because of climate change.…
               
UK bank funds Greensphere’s venture into nature, climate…
On Wednesday, Greensphere Capital announced that it had secured backing from the UK Infrastructure Bank (UKIB) for its first fund, which aims to commercialize nature…
               
Britain’s National Grid proposes $74 billion energy system…
Britain's National Grid has proposed a £58 billion ($74 billion) investment plan to enhance grid networks beyond 2030, anticipating the growth in electricity demand and…
               
Global oil and gas industry poised for $125…
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,…
               
US to invest in $750 million to reduce…
The US Department of Energy (DOE) declared its intention to allocate $750 million towards a series of projects with the objective of substantially reducing the…
               
Apple suppliers to join its green investment fund
Taiwan Semiconductor Manufacturing Co. (TSMC) and Murata Manufacturing Co., suppliers to Apple Inc., are joining the iPhone maker’s green investment fund, bringing the total committed…
               
IBM announces $45 million investment in sustainability accelerator…
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…
               
Global investment firm appoints specialized team to identify…
Permira, a global investment firm, has established a dedicated team to identify investment opportunities in the climate transition sector. 
               
Alberta’s ban on renewables could halt $8.24 billion…
According to a study released on Monday, Alberta's prohibition on select renewable projects could jeopardize investments worth C$11.1 billion ($8.24 billion) and impede the development…
               
Morocco allocates 1 million hectors to green hydrogen…
On Monday, the Moroccan government announced its intention to allocate 1 million hectares to green hydrogen projects, with an initial phase starting at 300,000 hectares,…
               
Duferco announces €10 million investment in clean hydrogen…
Duferco plans clean hydrogen project in Sicily with Caronte & Nippon Gases Italia to decarbonize Messina plant, per Kallanish.
               
New Jersey advances bill to divest from fossil…
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…
               
UK trails behind European counterparts in green investment
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…
               
UK to launch £1 billion auction round to…
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…
               
ABC Impact invests in Winnow to accelerate food…
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…
               
Jindal Stainless announces ₹700 crore investment for sustainability…
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…
               
ABP implements stricter ESG standards
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 pension fund plans €30 billion investment with…
ABP, Dutch pension fund, to invest €30B emphasizing impact and sustainability. €10B for domestic projects, half for rental housing.
               
Green bond sales hit record $54.7 billion in…
Green bonds, the largest type of sustainable debt, experienced their busiest February ever amidst a surge of global debt offerings.
               
Invesco becomes the fifth major asset manager to…
On Friday, Invesco became the fifth prominent US investor to withdraw or reduce its participation in the Climate Action 100+ coalition of investors, advocating for…
               
UK ministers accused of shifting aid funds to…
Ministers face allegations of "moving the goalposts" to fulfill the UK’s global climate promises, as £1.7bn from the aid budget is redirected to environmental aid…
               
Glencore to buy Shell’s Singapore assets as earlier…
Glencore, a Swiss miner and commodities trader, is considering purchasing Shell's oil refinery and petrochemical units in Singapore. 
               
US EPA to launch cleanup projects at hazardous…
On Tuesday, the US environmental regulator announced new cleanup initiatives at 25 hazardous waste sites spanning from New Jersey to Oregon, backed by $1 billion…
               
EU inches closer to 2030 wind power goal:…
The European Union is on track to achieve its wind power goal for 2030, thanks to increased investment and better-permitting processes, according to a report…
               
IMF advises Pacific Islands to explore debt-for-nature deals
Pacific Islands facing the most sea-level threats should explore debt-for-nature agreements due to unsustainable traditional loans, suggested a senior IMF official on Tuesday. 
               
Italy approves $6.8 billion package for tech and…
Prime Minister Giorgia Meloni's government has given the green light to a €6.3 billion ($6.8 billion) package to support Italian industries' technological advancement and green…
               
Canada’s 2030 emissions goal at risk as businesses…
A new report warns that Canada is struggling to meet its 2030 emissions target because businesses are holding off on low-carbon projects due to uncertainty…
               
Thermal battery maker raises $150 million investment led…
On Thursday, Antora Energy, a thermal battery manufacturer, announced that it has secured $150 million in funding. 
               
GeoPura secures £56 million investment to accelerate green…
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…
               
KKR raises $6.4 billion for Asia Pacific infrastructure…
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…
               
African Development Bank and OCP Group sign agreements…
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…
               
World’s biggest climate investor group seeks to strengthen…
The largest climate investor group, Climate 100+ (CA100+), reassured its members that its methods comply with US antitrust and securities laws, per Reuters' letters on…
               
SQM Lithium Ventures invests $9.4 million in EV…
SQM Lithium Ventures has put $9.4 million into Altilium, a British electric vehicle battery recycling company, to help it grow. 
               
Brazil to roll out measures to help with…
Brazil's government plans to introduce new measures next Monday to assist foreigners with foreign exchange hedges for their investments in sustainable development. The goal is…
               
Power Grid approves $87.6 million USD investment for…
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…
               
Indonesia’s revised green investment regulations to include coal…
On Tuesday, Indonesia introduced an updated ‘taxonomy’ or green investment guideline. It now includes coal-fired power plants used in nickel facilities, aiming to promote a…
               
Asia pioneers in sustainable aviation fuel projects
Sustainable Aviation Fuel (SAF) are alternative fuels made from renewable sources for airplanes, which is essential for the aviation sector to achieve its goal of…
               
Wall Street gives seal of approval to the…
The recent $26 billion merger of two Texas oil companies marks the latest in a series of deals propelling the era of Big Shale. Wall…
               
Indonesian government advocates green investments for sustainable development
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…
               
Sundaram Alternates Assets plans to raise $135 million…
Sundaram Alternates Assets (SAA), the private equity division of the Sundaram Finance Group, said that it aims to secure approximately $135 million (₹1,000 crore) from…
               
Asian asset owners focus on ESG investment strategies:…
Asian asset owners increasingly prioritise environmental, social, and corporate governance (ESG) factors in their investment strategies, noted a recent survey conducted by Asianinvestor.
               
King & Wood Mallesons advises lenders on $400m…
King & Wood Mallesons (KWM) recently guided a syndicate of lenders, including Westpac Banking Corporation, Standard Chartered Bank, Export Development Canada, and Société Générale, in…
               
ESG takes backseat, sees slowdown in sales of…
Interest in sustainable investing has dwindled over the past year due to political controversies surrounding environmental, social, and governance (ESG) strategies. 
               
JPMorgan, BlackRock backs out of biggest climate-investor group
JPMorgan Asset Management and State Street Global Advisors announced on Thursday that they are pulling out of Climate Action 100+. 
               
ALTÉRRA aims to drive global climate transition, says…
ALTÉRRA, a new $30B catalytic climate investment fund launched at COP28, aims to become the "fund of choice" for the climate transition, HE Ambassador Majid…
               
Aircastle invests in United Airlines Ventures’ Sustainable Flight…
Aircastle Limited announced that it has invested in the United Airlines Ventures’ Sustainable Flight Fund. 
               
India’s Bharat Petroleum to set up first-ever green…
Indian refiner Bharat Petroleum Corp Ltd (BPCL) announced on Wednesday its plan to establish the first green hydrogen plant within an airport in the country. 
               
Political parties should prioritize long-term thinking on climate…
It is important for political parties to adopt long-term thinking and stable policies to finance the transition to a net-zero economy, said Angus Whiteley, CEO…
               
Investors grapple with the Scope 3 emissions in…
As asset managers initially pledged to align their portfolios with net-zero emissions, they largely sidestepped the critical issue of Scope 3 emissions. 
               
India’s investment in upstream sector vital for energy…
It is important for India to continue investing in the upstream sector to bolster oil and gas production, Mannish Mahesshwari, CEO of Invenire Energy, told…
               
Europe may need more private funds to achieve…
The EU may need to push more private funds into sustainable investments to achieve its net zero economy targets, as revealed in an EU discussion…
               
Urgent need for $8 trillion investment in renewables…
A new report by Climate Analytics has pointed out an investment totaling $8 trillion in new renewables and $4 trillion in grid and storage infrastructure…
               
US enterprise investments in ESG initiatives set to…
A recent report by Information Services Group (ISG) has predicted a significant expansion in US enterprise investments in sustainability and other Environmental, Social, and Governance…
               
US Department of Energy to invests $100 million…
The US Department of Energy’s Office of Fossil Energy and Carbon Management announced a $100 million investment to help develop a commercially viable carbon dioxide…
               
Clean energy investment in most developing economies yet…
Clean energy investment in many emerging and developing economies (EMDE) remains low due to reduced capital flows to clean energy projects, notes a new report…
               
Indian Biogas Association proposes over $4000 million investment…
The Indian Biogas Association has proposed an investment of ₹30,000 crore for procuring machinery and equipment needed to supply biomass to compressed biogas plants. This…
               
2023 was a tough year for US sustainable…
The year 2023 was “the worst calendar year on record” for US sustainable funds, according to a new report by Morningstar. Investors pulled $5 billion…
               
Air Liquide to invest over $40 million to…
Air Liquide and Dow renewed their industrial gas supply agreement in Stade, one of Germany’s largest chemical production sites. 
               
US Forged Rings Inc. announces $700M investment in…
US Forged Rings Inc. (USFR) announced a $700M investment in the US offshore wind industry. It will be used to construct a state-of-the-art tower fabrication…
               
Dutch healthcare pension fund divests from fossil fuels…
The Dutch healthcare workers' pension fund PFZW announced on Thursday that it had sold nearly all its investments in fossil fuel companies, including major players…
               
ITFC signs $2.1 billion deal with Bangladesh for…
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…
               
India Energy Week 2024: PM Modi propels $67…
Indian Prime Minister Narendra Modi, inaugurating the second edition of India Energy Week 2024 in Goa on February 6, said India offers opportunities for $67…
               
Schroders Greencoat unveils UK’s first renewable energy LTAF
Schroders Greencoat has announced the launch of Schroders Greencoat Global Renewables+ Long-Term Asset Fund (LTAF), the UK’s first LTAF exclusively dedicated to renewable energy and…
               
Retired teachers lead campaign urging Wisconsin pension fund…
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…
               
Study reveals decline in sustainable fund investments due…
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…
               
Investment stress test: Insurance regulators warn of billions…
A recent analysis titled “The hidden cost of delaying climate action for West Coast insurance markets” has highlighted potential billion-dollar losses for insurance companies if…
               
Disconnect between climate risks and investment strategies: Report
A recent survey conducted by Market Forces has shed light on a significant disconnect between institutional investors’ awareness of climate risks and their investment strategies.…
               
Growing interest in sustainable investing among individual investors:…
A new report titled “Sustainable Signals,” published by Morgan Stanley, has highlighted a surge in global individual investor interest in sustainable investing. 
               
UN climate chief appeals for $2.4 trillion in…
Executive secretary, United Nations Framework Convention on Climate Change Simon Stiell while delivering a lecture at ADA University in Azerbaijan’s Baku on Friday, said at…
               
Indian Oil and Gas PSUs unveil ambitious investment…
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…
               
Italy will invest in Enel’s solar panel production:…
Prime Minister Giorgia Meloni announced that Italy will invest in Enel's new photovoltaic panel factory in Sicily, aiming to increase production and establish itself as…
               
Germany’s climate fund falls short of $10.8 billion,…
Germany's fund for addressing climate issues and transformation may fall short by up to €10 billion ($10.8 billion) next year, which could challenge the country's…
               
Japanese retail investors withdraw $4.5 billion from ESG…
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…
               
UK banks might hold too little funds to…
In a letter to the Bank of England, seen by Reuters, a group of investors, including major pension schemes from the UK and Europe, expressed…
               
Canadian pension manager launches C$1 billion energy transition…
The Alberta Investment Management Corporation (AIMCo), a top Canadian pension manager, has announced the formation of a C$1 billion ($745 million) energy transition fund. This…
               
Brazil’s Amazon Fund raised $640 million in donations…
Amazon Fund, in 2023, which focuses on developing the rainforest sustainably, received $640 million in new pledged donations from developed countries, Tereza Campello, environmental director…
               
Climate software firm raises $100 million in Series…
Watershed, a climate software company, raised $100 million in a Series C funding round led by investment firm Greenoaks, valuing the company at $1.8 billion. 
               
Over half investors planning increased allocations in sustainable…
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…
               
Spain’s Catalonia makes a multi-billion strategy to survive…
In an effort to address water scarcity resulting from less rainfall, Catalonia, home to Spain's second-largest regional economy and the renowned tourist destination Barcelona, is…
               
Global spending on clean energy hit record $1.8…
Global spending on clean energy reached a record-breaking number of $1.8 trillion last year. However, it is still not enough to reach net-zero emissions, as…
               
Climate-focused fund investments drop by 75% in the…
While the world is trying to sprint through the race against climate change, climate investments have taken an antithetical turn in the US. 
               
Power plant boiler market poised for expansion through…
A report published by Allied Market Research has noted that the global power plant boiler market valued at $19.0 billion in 2021, is expected to…
               
EU’s ambitious net zero goal demands 1.5 trillion…
Research by a group of Green EU lawmakers says that the European Union needs to invest 1.5 trillion euros (about $1.6 trillion) every year to…
               
Global standards chief calls for new ethics code…
Companies responsible for verifying environmental, social, and governance (ESG) claims will be urged to adhere to a new ethics code to combat greenwashing, according to…
               
Grow Indigo raises over $8 million in recent…
Grow Indigo (regenerative agriculture startup) announced that it has raised over $8 million in the recent funding round. With this, the cumulative capital raised so…
               
World Bank approves $300 million Resilient Recovery Development…
The World Bank has approved a $300 million Resilient Recovery Development Policy Financing for Ghana. The contribution by the International Development Association (IDA) will help…
               
Trinidad and Tobago explores further gas deals with…
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…
               
SIX launches new climate data offering for informed…
SIX (global financial information provider) announced the launch of a new climate data offering to support the reporting, monitoring, and decision-making of climate factors, climate-related…
               
UNDP and Pegasus Capital advisors partner to mobilize…
UNDP and Pegasus Capital join for climate, energy, and nature-positive investments in emerging economies. Collaboration focuses on substantial infrastructure funding.
               
ADB prioritizes private capital mobilization for climate goals…
The Asian Development Bank (ADB) has announced plans to deploy private capital as a significant part of its strategy to address urgent climate goals. 
               
Investors dread as Green Asset Ratio is set…
European banks are cautioning investors not to focus too much on the upcoming Green Asset Ratio, an ESG metric, as early estimates suggest the industry…
               
Automotive manufacturing giant to invest $1.4 billion in…
General Motors has announced a 7 billion reais ($1.42 billion) investment in Brazil from 2022 to 2028, aiming to enhance "sustainable mobility." 
               
UAE’s Alpha MBM Investments emerges as preferred bidder…
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…
               
Report: US state pensions not doing enough to…
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…
               
UK pension funds & insurers prioritize net-zero goals…
A survey of UK pension funds and insurers, who manage £359.82 billion in assets, found that 72% identified measurable targets and benefits, such as achieving…
               
H2 Green Steel secures €4.2 billion in project…
H2 Green Steel announced that it has secured €4.2 billion in project financing, adding to the previously announced €300 million in equity. 
               
USDA grants more than $173K for clean energy…
The US Department of Agriculture (USDA) announced $173,500 in clean energy project grants for two rural businesses in Arkansas. 
               
Suzano celebrates 100th anniversary with $100 million investment…
Suzano (Brazilian paper and pulp-producing company) marked its 100th year on January 23 by announcing an investment of $100 million to advance initiatives to protect…
               
Global business leaders accelerate sustainability investments: Capgemini report
Over half of the global business leaders plan to increase investments in sustainability this year, notes a report from Capgemini (French multinational IT services and…
               
Pressure mounts over mining firms as investors raise…
A group of investors overseeing $25 trillion has decided to take action against mining companies that have not adopted safety environmental standards for the construction…
               
US allocates $104 million for energy conservation &…
The US Department of Energy (DOE) announced that it has set aside $104 million in funds for energy conservation and clean energy projects at 31…
               
Carbonaires secures strategic investment from KTM to boost…
Carbonaires (London-based carbon asset management company) has announced it has received an investment from KTM Chemicals S.A. (KTM) (distributor and trader of plastics and chemical…
               
AIIB invests $58.4 million in India’s Sustainable Energy…
The Asian Infrastructure Investment Bank (AIIB) has invested around $58.4 million (₹4.86 billion) in India’s Infrastructure Investment Trust, Sustainable Energy Infra Trust (SEIT). AIIB plans…
               
Climate tech venture firm raises $335 million to…
ArcTern Ventures, based in Toronto, announced on Monday that it secured $335 million from TD Bank and other institutions for a climate technology fund. 
               
Inherit joins Sumitomo Corporation to advance carbon capture…
Inherit Carbon Solutions (Norwegian Carbon Capture and Storage company) announced an oversubscribed investment round with Sumitomo Corporation. The collaboration will help Inherit advance its goal…
               
ACP announces first close of SEACEF II: A…
Allied Climate Partners (philanthropic investment organization) announced the first close of Southeast Asia Clean Energy Fund II (SEACEF II), managed by Clime Capital. 
               
Biden announces $207 million for fertilizer, rural clean-energy…
The Biden administration is investing $207 million in domestic fertilizer and renewable energy projects to enhance supplier competition for US farmers and ranchers. 
               
US Supreme Court decision could affect Biden’s ESG…
An impending Supreme Court decision that may restrict federal agency powers could have a big effect on a challenge by Republican-led states against a rule…
               
Derwent Investments strengthens its commitment to ESG investing…
Derwent Investments (Singapore-based wealth management company) announced that it has strengthened its commitment to Environmental, Social, and Corporate Governance (ESG) goals.
               
World’s biggest offshore investor to plan $160 billion…
A major investor in offshore wind farms is starting a new company, Copenhagen Energy Islands, with the aim of constructing artificial islands in the North…
               
Tees Valley secures £7 million for hydrogen-powered transport…
Tees Valley has secured £7 million in government funding for hydrogen projects to decarbonize deliveries and construct a new hydrogen refueling station for heavy goods…
               
Manulife IM releases inaugural nature disclosure aligned with…
Manulife Investment Management has published its inaugural timberland and agriculture nature disclosure, aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD). 
               
Amazon becomes largest purchaser of renewable energy, fourth…
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…
               
$147 million funding secured for Australian hydrogen hubs
Two hydrogen hubs in Australia have secured a total of $147 million in funding. The Government signed an agreement to invest $70 million to develop…
               
Iberdrola and Norges Bank set to invest $2…
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…
               
Bloomberg’s Zero Podcast examines impact of Trump’s comeback…
On this week’s episode of Bloomberg’s Zero Podcast, Tom Steyer, a hedge-fund billionaire, speaks to Zero host Akshat Rathi about the effects of former US…
               
Nestlé Vietnam invests an additional $100 million in…
Nestlé Vietnam announced an additional investment of $100 million to increase the sustainable coffee production capacity of the Nestlé Tri An factory. This brings the…
               
New York’s utilities regulator approves $1.2 billion clean…
On Thursday, the utilities regulator of New York State approved Con Edison's $1.2 billion Idlewild project in Queens, aimed at enhancing the reliability of the…
               
Torrent Power commits $5.7 billion green investment in…
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. 
               
Asset management firm says ESG interest is steady,…
According to the CEO of the global asset management firm Nuveen, investors still hold an interest in environmental, social and governance (ESG) factors despite facing…
               
WEF launches alliance to triple clean energy investment…
The World Economic Forum launched a new alliance at WEF 2024 providing a platform for developing economies to highlight their clean energy needs, exchange best…
               
Terra Natural Capital rebrands as environmental commodities investment…
Terra Natural Capital (“Terra” or the “Company”) announced its launch as a dedicated environmental commodities investment company. 
               
US elections will be significant for global climate…
As the US elections pave the path for many major decisions in 2024, John Kerry, who stepped down from his position as a climate envoy,…
               
General Atlantic acquires Actis forming a $96 billion…
General Atlantic (a global growth equity investor) and Actis (a global investor in sustainable infrastructure) announce that the firms have entered into an agreement under…
               
Mahindra Group & Ontario Teachers’ join hands to…
Mahindra Group (farm equipment, utility vehicles, information technology, and financial services businesses in India), and Ontario Teachers’ Pension Plan Board (a global institutional investor), have…
               
Biodiversity loss requires just as swift action from…
UBS Group AG has warned that investors have largely undermined the effects of biodiversity loss.  UBS Chair Colm Kelleher and Chief Executive Officer Sergio Ermotti…
               
Sweden’s Northvolt raises largest green loan in Europe…
Swedish lithium-ion battery producer Northvolt said that it has raised $5 billion, the largest green loan to have been issued in Europe, to expand the…
               
ArcelorMittal, France to invest €1.8 billion to cut…
The steel giant, ArcelorMittal SA and France are planning to invest €1.8 billion to cut carbon emissions produced by their steel plants in Dunkirk. This…
               
India announces $223 million investment in power &…
An investment totaling approximately $223.05 million (₹17.05 lakh crore) is currently in the pipeline for the power and renewable energy sector, said R. K. Singh,…
               
Asset management firm says Biden’s climate law has…
One of the world’s largest green investment manager, Impax Asset Management, is expressing the problems in President Joe Biden’s landmark climate law.
               
RMB joins hands with KOKO to advance clean…
Rand Merchant Bank (an investment banking business) announced last week a strategic partnership with KOKO (a company that operates within the energy, climate, media, and…
               
Davos 2024: Indian states to pitch innovations, anticipate…
The Annual Meeting of the World Economic Forum commenced on 15 January in Davos, Switzerland. The theme for this year 2024 is “Rebuilding Trust”, with…
               
BBVA and Cabify finalize €15 million to promote…
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…
               
Xpansiv acquires stake in Evident to boost expansion…
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…
               
BNP Paribas Asset Management releases new global sustainability…
BNP Paribas Asset Management released the new version of its Global Sustainability Strategy (GSS) updating the strategic approaches of the organization. The report lays out…
               
Japanese refiner Eneos invests in clean hydrogen production…
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. 
               
Turkish steelmaker to invest $3.2 billion in green…
Turkish steel producer Erdemir intends to invest a combined $3.2 billion in its green transition by 2030, aiming for a 25% reduction in emissions by…
               
Croatian energy giant INA to invest €40 million…
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…
               
Adani’s $24 billion Gujarat investment to drive green…
Indian billionaire Gautam Adani intends to pump $24 billion (2 trillion rupees) into his home state of Gujarat over the next five years. 
               
SK Group-backed company invests $1 billion in ammonia…
In Texas, a $1 billion ammonia production facility with proprietary hydrogen technology is in the works, aiming to reduce carbon emissions from coal-fired power plants,…
               
Singapore firms to invest $5 billion in Tamil…
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…
               
US clears $189 million loan to fund real-time…
The Department of Energy's loan office, on Friday, conditionally approved a $189 million loan to facilitate the establishment of a methane monitoring network in crucial…
               
TAQA’s $10 billion green hydrogen venture in Western…
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…
               
Altus Power secures $100 million credit facility from…
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…
               
Post-election pressures intensify SEC’s struggling climate agenda in…
Environmental activists are anxious as the Securities and Exchange Commission (SEC) faces challenges in fulfilling its ambitious climate-related agenda in 2023. 
               
UAE initiates $30 billion climate venture, offers returns…
The United Arab Emirates (UAE) has entered into a pioneering $30 billion climate initiative involving BlackRock Inc., TPG Inc., and Brookfield Asset Management Ltd., implementing…
               
EBRD and TSKB collaborate to boost solar energy…
In a significant move toward sustainable energy practices, the European Bank for Reconstruction and Development (EBRD) and Türkiye Sinai Kalkinma Bankasi (TSKB) have united forces…
               
Swiss climate activists propose new tax targeting the…
The Young Socialists of Switzerland have announced that they have gathered sufficient signatures to initiate a national vote on a new tax targeting the affluent…
               
Spain confirms closure of nuclear plants, extends renewable…
On Wednesday, Spain officially affirmed its intention to shut down the country's nuclear plants by 2035 and announced a set of energy measures that also…
               
Adani Energy invests $360 million in Gujarat transmission…
Adani Energy Solutions has announced plans to allocate $360 million for the construction of a transmission line linking a solar and wind energy park in…
               
EU approves 17.7 bln euro Italian state aid…
On Thursday, the European Commission announced its approval of a 17.7 billion-euro ($19.4 billion) Italian state aid initiative dedicated to fostering the establishment of a…
               
German utility firm to acquire 3 offshore wind…
On Thursday, German utility RWE announced that it would acquire three offshore wind projects located off the English coast from Sweden's Vattenfall, in a deal…
               
Brazil’s BRF issues its first ‘green loan’ for…
BRF SA, the Brazilian chicken and pork processor, revealed on Thursday that it has linked sustainability objectives to a $150 million credit facility from the…
               
Nedbank, Norfund loan Pele Green $132M for Renewable…
Nedbank and Norfund are extending a $132 million loan to Pele Green Energy for the development of renewable power plants, according to a Bloomberg news…
               
Wizz Air to invest £5 million in biofuel…
Wizz Air has disclosed a £5 million investment in biofuel firm Firefly, marking the airline's first equity involvement in sustainable aviation fuel (SAF) research and…
               
Apax closes $900 million fund to boost sustainable…
Apax, a private equity advisory firm, declared the final closure of the Apax Global Impact Fund (AGI), securing $900 million.
Strategies for accelerated climate finance according to the World Economic Forum

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 invests in GridBeyond to enhance energy management solutions

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

Scotiabank issues first €1 billion green bond in European market 

Scotiabank has launched its first-ever €1 billion, 5-year senior fixed-rate green bond in the European market. This issuance aligns with Scotiabank's Sustainable Issuance Framework, released on April 5, 2024. 

Australia delays environmental law reforms, raising concerns for wildlife

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. 

JDE Peet’s expresses concerns over tight deadline to EU’s deforestation law

JDE Peet's, a major coffee company, raised concerns over the stringent timeline set by the new EU law banning the import of commodities and related goods linked to deforestation worldwide, Reuters reported.

EU carbon price drop threatens funding for green tech

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.