‘Old Wives’’ win against the Swiss government, explained

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.

German farmers block Berlin as protests erupt against fuel subsidy cuts and rising costs

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. 

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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. 
               
Taiwan hit by the strongest earthquake in a…
Taiwan experienced its most powerful earthquake in twenty-five years, which collapsed numerous buildings on the eastern side of the island, injured over 50 people, and…
               
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…
               
CARB files motion to dismiss lawsuit challenging California’s…
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),…
               
Canadian airlines and shippers urge Ottawa for increased…
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…
               
Maersk’s ECO Delivery Ocean product slashes 683,000 tons…
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…
               
GenZero and Allen & Gledhill call for legal…
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…
               
Malaysia’s Petronas and JERA signs agreement for carbon…
Malaysia's state-run energy firm Petronas announced on Tuesday a partnership with Japanese power generation company JERA to assess the viability of the carbon capture and…
               
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…
               
China’s power firm revamps natural gas business post…
GCL Holdings, a privately owned Chinese energy company, is shifting its focus to developing a natural gas business. According to company executives interviewed by Reuters,…
               
Climate-driven Amazon drought spurs devastating wildfires in Venezuela
On Monday, data showed Venezuela facing a surge in wildfires due to a drought linked to climate change in the Amazon rainforest region.
               
Business schools embrace sustainability and cultural diversity to…
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…
               
German companies eager to invest in Vietnam’s sustainable…
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…
               
Australian energy giant foresees green hydrogen as viable…
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…
               
Adani Green’s wind power project raises environmental concerns…
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…
               
NIKE sets new sustainability targets for 2025 
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…
               
JX Nippon and Chevron sign MOU to explore…
In a significant move towards advancing lower carbon solutions, JX Nippon Oil & Gas Exploration Corporation and Chevron New Energies, a division of Chevron U.S.A.…
               
India’s hydropower plummets to 38-year low amid erratic…
According to a Reuters analysis of government data, India experienced its most significant decline in hydropower output in at least 38 years, with a 16.3%…
               
Citi says 40% energy clients lack greenhouse gas…
Nearly half of the energy companies Citi Bank provides lending to lack strategies for reducing greenhouse gas emissions, as disclosed in a climate report released…
               
The focus of govt incentives will go into…
Global investment in clean energy has surged to unprecedented levels, reaching a staggering US$1.77 trillion, as revealed by the latest Energy Transition Investment Trends 2024…
               
US finalizes tighter tailpipe emissions standards for heavy-duty…
On Friday, the US government announced it was in the final stages of implementing more stringent tailpipe emissions standards for heavy-duty vehicles such as semi-trucks…
               
Solar industry set to soar as US grapples…
As Dan Shugar, the CEO of Nextracker Inc., stated, the unyielding demand for electricity in the United States is poised to overshadow obstacles confronting the…
               
Citi agrees to disclose clean energy financing ratios…
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,…
               
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…
               
New York achieves record wind and solar generation
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…
               
Adani Group unveils plan for world’s largest renewable…
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…
               
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 York set new records for hourly wind…
On Monday, New York's power grid operator announced that the state achieved new hourly wind and solar generation records.
               
Shipping industry faces regulatory hurdles in the race…
Global shipping companies are feeling mounting pressure to reduce their carbon emissions. However, executives point to the complexity arising from vague regulatory frameworks, especially regarding…
               
China faces infrastructure strain amid record solar and…
Following a surge in solar and wind power installations last year, multiple regions across China are experiencing difficulties managing fluctuations in electricity supply linked to…
               
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…
               
Africa’s ambitious plan to harness carbon markets for…
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…
               
Challenges abound for green investment trusts in Europe
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…
               
EU countries call for urgent revision of anti-deforestation…
According to a document examined by Reuters on Monday, a coalition of EU nations, led by Austria, is urging immediate revisions to the bloc's forthcoming…
               
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…
               
Regulators address seabed mining challenges amidst EV battery…
A marine scientist has emerged as a potential new leader for the International Seabed Authority (ISA), signalling a possible shift in the organization's approach to…
               
Audubon Zoo teams up with Entergy & NASA…
In collaboration with conservation allies such as Entergy and NASA, Audubon Zoo is set to host "Party for the Planet: Spring into Action," marking the…
               
Real estate investors grapple with CO2 shock, turn…
Real estate investors, already struggling with high interest rates, are now confronting the potential for substantial losses prompted by recent European regulations.
               
Vietnam receives $51.5 million payment for carbon credits…
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…
               
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. 
               
US judge issues temporary block on $649 million…
According to attorneys involved in the case, a federal judge, on Friday, temporarily blocked a land swap needed before developers can build a major clean…
               
AI is a key tool in businesses reducing…
During a climate change dialogue at the China Development Forum, Tim Cook, the CEO of Apple Inc., emphasized the importance of artificial intelligence (AI) in…
               
Activists urge major banks to halt financing for…
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,…
               
Canadian Banks acknowledge challenges in green financing emission…
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…
               
BNPP AM launches new fund targeting global net…
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…
               
Biden administration reassures oil and gas executives amid…
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…
               
Singapore-backed climate action data trust boosts transparency in…
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…
               
Chip giant NVIDIA launches cloud platform to address…
To accelerate the fight against the $140 billion in economic losses stemming from climate change-induced extreme weather events, NVIDIA has unveiled its Earth-2 climate digital…
               
Fossil fuel firms could face homicide charges for…
A groundbreaking legal theory is gaining traction among researchers, suggesting that fossil fuel companies, identified as the primary contributors to planet-warming emissions, could be held…
               
HSBC, NatWest face allegations of funding North Sea…
Two prominent UK high street banks stand accused of continuing to finance the expansion of fossil fuels in the North Sea despite having pledged to…
               
Highly accurate AI model by Google to predict…
Globally, climate change is exacerbating the frequency and severity of flooding events. However, artificial intelligence (AI) holds promise in mitigating some of these impacts by…
               
Multilateral lender approves $85 million investment for North…
The Climate Investment Funds (CIF), a multilateral lender, announced on Wednesday its approval of an $85 million investment aimed at assisting North Macedonia in transitioning…
               
Enpal secures EUR 1.1 billion to accelerate residential…
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…
               
UBS names Jack Collings as Asia Pacific head…
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…
               
Axpo secures €7 billion sustainability-linked credit facility led…
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…
               
Survey reveals business skepticism toward carbon offsets
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…
               
Canada’s carbon pricing increase sparks debate over affordability…
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…
               
Chevron resolves Kern County oil spills with $13…
According to the California natural resources agency on Wednesday, Chevron has agreed to settle with two California state agencies for previous oil spills in Kern…
               
US raises alarm over foreign hackers carrying out…
In a letter made public on Tuesday, National Security Advisor Jake Sullivan and Environmental Protection Agency Administrator Michael Regan cautioned state governors about disruptive cyberattacks…
               
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…
               
International Day of Forests 2024: Forests and Innovation
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…
               
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…
               
The world is ‘losing the battle’ against electronic…
On Wednesday, a UN expert warned that the global struggle against electronic waste is faltering. This caution comes in the wake of a report revealing…
               
Biden’s latest move on auto emissions expected to…
On Wednesday, the Biden administration implemented strict tailpipe emission limits to curb pollution from the country's cars and light trucks. These measures are so stringent…
               
Google commits $35 million to carbon removal credits,…
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…
               
Constellation Energy raises $900 million in green bond…
Constellation Energy has made history by announcing the successful completion of a $900 million green bond offering, marking the first of its kind in the…
               
New Energy Blue launches new subsidiary to accelerate…
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…
               
Germany calls for greater international cooperation to accelerate…
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.…
               
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…
               
CFC launches innovative carbon delivery insurance to boost…
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…
               
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.…
               
Stellantis and California reach an agreement on vehicle…
On Tuesday, Stellantis, Chrysler's parent company, and the state of California finalized an emissions agreement. This accord comes after Stellantis attempted to join an agreement…
               
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…
               
Only 10 countries met air quality guidelines by…
A recent analysis revealed that in the past year, only 10 nations and approximately 9% of cities worldwide met the air quality standards outlined by…
               
Air New Zealand explores partnership for green fuel…
On Wednesday, Air New Zealand invited startups operating in the sustainable aviation fuel (SAF) sector to seek potential supply partners as part of its commitment…
               
US-China take proactive steps in methane emission reduction,…
According to the deputy US special envoy on climate change, cooperation between the United States and China regarding methane reduction is progressing. He highlighted an…
               
Major developments in SAFs marked by IATA
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…
               
UAE strikes 15-year LNG deal with Germany
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)…
               
EU urged to lead in strengthening carbon intensity…
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…
               
China opens consultation for aluminum smelters in ETS…
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…
               
Japan initiates testing of ammonia-coal mix to reduce…
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…
               
Malaysia’s Ministry of NRES developing National Carbon Market…
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…
               
Ed Miliband warns of Sunak and ministers dividing…
In a speech, Ed Miliband, Labour shadow energy minister, warned that Sunak and other ministers are fueling division over the UK's net zero target rather…
               
World’s largest solar manufacturer to slashes one-third of…
The largest solar manufacturer globally has decided to downsize its workforce by almost a third following an unsuccessful cost-cutting initiative, which included instructing employees to…
               
Hedge fund veteran proposes carbon footprint strategy for…
To tackle climate change, alternative investment expert Andrew Hohns is pioneering a strategy to help banks slash their carbon footprint. Formerly of Mariner Investment Group…
               
Germany & Canada agree to kickstart trade of…
Canada and Germany have agreed on steps to promote the trade of hydrogen, a cleaner alternative to fossil fuels. Both countries will contribute €200 million…
               
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…
               
China falls short of reaching 2025 green steel…
Researchers, on Tuesday, said that China is not meeting expectations in reducing the carbon footprint of its vast steel industry. They attributed this shortfall to…
               
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,…
               
Warwickshire introduces new policy to enhance EV charging…
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…
               
Delhi government unveils ambitious solar policy 
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…
               
Zimbabwe urged to embrace renewable energy funding and…
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…
               
African Development Bank chief calls for end to…
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…
               
Transition finance key to achieving Southeast Asia’s net-zero…
Experts suggest that Southeast Asia has the potential to lead the global push towards achieving net-zero emissions, contingent upon the region's ability to secure over…
               
Building Information Modelling tech to develop sustainable projects…
Building Information Modelling (BIM) is emerging as a highly influential initiative for creating sustainable real estate projects. BIM involves designing projects based on models incorporating…
               
Why recycling needs a new perspective?
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.…
               
US appeals court temporarily halts SEC climate disclosure…
On Friday, a US appeals court temporarily halted the implementation of new Securities and Exchange Commission (SEC) rules mandating public companies to disclose climate-related risks. 
               
Exxon CEO takes aggressive climate stance amid industry…
Darren Woods, the CEO of Exxon Mobil Corp., is fighting back after facing criticism from both environmentalists and investors during his seven years in charge. 
               
Top oil executives & ministers arrive at the…
This week, oil industry leaders and government officials gather in Houston for a significant energy conference, encouraged by major mergers, stable oil prices, and less…
               
US Senate passes bipartisan legislation to boost recycling…
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…
               
Shell warns of energy shortages amidst low investment…
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…
               
Adani Green Energy operationalizes additional 126 MW wind…
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…
               
$30 million facility to boost renewable energy financing…
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…
               
Swiss-Colombian startup Cotierra secures $1 million for farming…
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. 
               
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…
               
CIWM launches new fund for circular economy businesses
The Chartered Institution of Wastes Management (CIWM) has introduced a new fund to assist circular economy businesses in their growth by providing "fully-funded brand communications,…
               
Google joins US DOE with $35 million carbon…
Google unveiled a new pledge to secure a minimum of $35 million worth of carbon removal credits within 12 months. This commitment is aligned with…
               
Solar battery sales jump 26% in German households…
On Thursday, the industry association BVES announced that sales of home solar electricity storage batteries in Germany could increase by 26% this year, driven by…
               
Antarctic scientists raise alarm on bird flu following…
Antarctic scientists are issuing warnings about the transmission of a highly contagious H5N1 avian flu virus, initially identified on the continent's mainland last month and…
               
US Chamber of Commerce files lawsuit against SEC…
On Thursday, the US Chamber of Commerce announced that it has initiated legal action against the US Securities and Exchange Commission's recently implemented regulations mandating…
               
Switzerland witnesses increase in pension funds decarbonizing portfolios
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…
               
Biden administration proposes significant fuel tax hike for…
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…
               
NZBA members commit to emissions reduction goals for…
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…
               
Study finds US oil and gas industry methane…
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…
               
Germany’s offshore wind expansion to occupy quarter of…
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…
               
Shell revises 2030 carbon emissions reduction target 
Shell announced on Thursday that it had revised its target to reduce the intensity of its overall carbon emissions by 2030, attributing this adjustment to…
               
Banking climate coalition to report on capital markets…
On Wednesday, a climate coalition supported by the United Nations and focused on banking released revised guidelines for its members. 
               
‘Water for All’ resounds on 27th celebration of…
March 14: Global celebration of rivers - vital for ecosystems. Advocates unite to protect and raise awareness for International Day of Action for Rivers.
               
Texas fires release record carbon dioxide in January,…
In January and February, extensive wildfires in Texas emitted 920,000 metric tons of carbon dioxide, marking the second-highest release for that period ever on record.
               
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…
               
US climate envoy urges Japan to accelerate renewables,…
During his visit to Japan, John Podesta, the top US climate envoy, stressed the importance of speeding up the use of renewable energy, especially offshore…
               
Climate Change Commission urges government action to cut…
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…
               
Carbon strips market set to soar to $4.15…
The Carbon Strips Market is poised for significant growth, with CoherentMI estimating its value to reach US$ 4.15 Billion by 2031, up from US$ 2.66…
               
IT firms prioritize sustainability reporting and compliance over…
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…
               
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…
               
Innovative solutions: the XPRIZE Water Scarcity Competition
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,…
               
Insurers express concerns over greenwashing amid tightening ESG…
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…
               
African nations block solar geoengineering proposal at UN…
Last week, during the UN Environmental Assembly in Nairobi, African countries spearheaded a successful resistance against a proposed resolution by Switzerland. 
               
Waste-to-energy technology raises environmental concerns 
Waste-to-energy technology, a waste disposal method by incinerating materials like paper, plastic and wood, has created concerns among environmental groups method as a ‘quick fix’…
               
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. 
               
EU Parliament passes law to make buildings energy-efficient 
On Tuesday, the European Parliament passed new legislation mandating member states to accelerate building renovations to enhance energy efficiency and lower the EU's carbon emissions. 
               
Mango to choose adaptable clothing as climate change…
Mango, the Spanish retailer, is focusing on adaptable clothing to assist customers in coping with unpredictable temperature fluctuations due to climate change, according to Chief…
               
US power consumption to reach record highs in…
According to the US Energy Information Administration's Short-Term Energy Outlook released on Tuesday, power consumption in the United States is set to reach unprecedented levels…
               
37th International Cotton Conference in Bremen to address…
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…
               
Germany’s onshore wind power expansion gathers pace
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…
               
Bank of America expands energy transition business amid…
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…
               
PNGRB advances green hydrogen transport via natural gas…
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…
               
Sylvera becomes first carbon credit agency to adopt…
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…
               
Blended finance key for India’s $1 trillion climate…
India requires approximately $1 trillion by 2030 to fulfill its climate change adaptation objectives. To mobilize private investments, India will need to pursue blended finance.
               
Climate fund investors, Microsoft pour $18 million into…
Konexa, a UK-based integrated energy development and investment platform, has finalized financial arrangements and invested $18 million. 
               
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,…
               
Canada & US to review cross-border dispute over…
As announced on Monday, Canada and the United States have jointly agreed to assess a longstanding cross-border conflict concerning the contamination of coal mines in…
               
Japan approves installation of offshore wind power in…
On Tuesday, Japan's government greenlit a proposed amendment to current laws, enabling the establishment of offshore wind power within exclusive economic zones (EEZ). 
               
AIIB and BNDES strengthen cooperation for sustainable development…
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…
               
Biofuels poised to drive global green transition, but…
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…
               
Canadian Banks undermine net-zero commitments, report finds
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…
               
Former coal plant in Queensland to transform into…
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…
               
Volkswagen quits Australian auto lobby over fuel standards…
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…
               
Blended-wing aircraft pushes aviation towards net zero goals
In the history of aviation design, the landscape remained unchanged for a century, characterized by conventional tube-and-wing aircraft. Yet, amidst this conformity, 'flying wings' like…
               
AI could fuel climate misinformation, not solutions, warn…
A coalition of environmental groups has cautioned against the notion that artificial intelligence will alleviate the climate crisis, warning that instead, it could contribute to…
               
Deforestation in Brazil’s Amazon rainforest fell 30% in…
Government data released on Friday revealed a 30% decrease in deforestation across Brazil's Amazon rainforest in February compared to the previous year. 
               
Texas pushes back against EPA’s new methane rule
In a move against federal regulations, Texas, the largest energy-producing state in the nation, lodged a complaint urging a court to halt a recent rule…
               
Extreme heat causes mass coral bleaching of Great…
A government agency reports that a mass coral bleaching event has impacted Australia's Great Barrier Reef. The event was likely triggered by heat stress accumulated…
               
Ethanol plant in North Dakota leads the way…
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,…
               
US Treasury steps away from collecting insurer data…
The US government is shifting away from collecting data on home insurance prices and availability at the zip code level as premiums rise and climate…
               
Rondo Energy partners with battery startup to cut…
A fresh collaboration between a multinational energy corporation and a battery startup utilizing heated bricks could alleviate Europe's energy crisis and reduce carbon emissions.
               
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.
               
February 2024: Hottest on record amidst alarming climate…
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…
               
Unilever announces new climate goals despite ESG concerns
Unilever Plc is setting more ambitious goals to reduce emissions, targeting suppliers and stores that sell its brands, despite investor concerns that non-financial goals divert…
               
Valmet Oyj raises EUR 200 million with inaugural…
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.…
               
Osun State secures $80 million investment for infrastructure…
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…
               
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…
               
Bengaluru’s acute water shortage hurts international firms
Bengaluru's severe water scarcity is impeding production at its garment factories, doubling restaurant water expenses, and compelling managers at certain global companies to address unconventional…
               
Green groups slam SEC over exclusion of Scope…
The US Securities and Exchange Commission approved new climate disclosure requirements for public companies, part of the Biden administration's climate policy. 
               
Haryana unveils draft Green Hydrogen Policy to drive…
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.…
               
Amazon and Glacier partner to advance recycling technology…
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…
               
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…
               
Royal Bank of Canada to triple renewable energy…
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…
               
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…
               
USDA announces major clean energy investments to strengthen…
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…
               
Ocean temperatures hit a record high in February
In February, ocean temperatures reached an unprecedented peak, according to the European Union's Copernicus Climate Change Service (C3S). 
               
Tesla cuts ties with Australian auto lobby over…
On Thursday, Tesla announced its decision to withdraw from Australia's major auto lobby and resign from its board, alleging that the organization had misled consumers…
               
GE’s energy spin-off expects offshore wind boost
During an investor day in New York, executives of General Electric's energy spin-off, GE Vernova, announced on Wednesday their anticipation of resolving a substantial backlog…
               
Republicans, industry groups file lawsuit against EPA over…
On Wednesday, a coalition of Republican-led states and industry groups filed three lawsuits contesting a recent US Environmental Protection Agency regulation strengthening air quality guidelines…
               
US SEC adopts climate-related risk disclosure rules 
A West Virginia Attorney General's Office spokesperson announced on Wednesday that ten states led by Republicans have initiated legal action to contest new federal regulations…
               
Renewable energy costs plummet in Asia Pacific, outpacing…
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…
               
Urja Sathi secures INR 3.5 million seed funding…
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.
               
IBM study reveals embedding sustainability boosts business performance
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…
               
Epson partners with Earth Hour to drive global…
Epson, a leading technology company, has joined forces with Earth Hour, marking its first international corporate support for the global environmental movement. 
               
US solar industry to benefit from Inflation Reduction…
In 2024, the US solar industry is projected to maintain its growth, following its significant contribution of over 50% of new electricity capacity added to…
               
EU strikes deal to ban single-use plastics
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…
               
Major US banks withdraw from Equator Principles
Four of the largest US banks have withdrawn from the Equator Principles, an industry standard for assessing environmental and social risks in project financing. 
               
Apple pulls the plug on its EV building…
According to reports, Apple has canceled its electric vehicle (EV) project, a decade after rumors first emerged about the iPhone maker's involvement in it. 
               
Brazil’s energy industry pushes for new hydroelectric plants…
Brazil's energy sector is initiating a new effort to construct additional hydroelectric plants alongside the rising number of solar and wind power initiatives. However, past…
               
EU wins WTO battle over palm oil biodiesel
On Tuesday, the European Union succeeded at the World Trade Organization when a panel dismissed Malaysia's complaint against the EU's decision to exclude palm oil…
               
Singapore’s biggest bank grows sustainable financing to $52…
Singapore's largest bank, DBS Group, announced on Wednesday that it had increased its sustainable financing commitments by 37.3% to 70 billion Singapore dollars ($52.10 billion)…
               
US refiner joins Summit’s carbon capture project 
On Monday, Summit Carbon Solutions, an Iowa-based private company, announced that US refiner Valero Energy Corp would participate in its proposed carbon capture and storage…
               
Indian companies eye major investments in coal-fired power
Private Indian companies have shown interest in constructing at least 10 gigawatts (GW) of coal-fired power capacity over the next ten years, according to four…
               
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…
               
EcoOnline unveils financial-grade sustainability reporting software
EcoOnline launches Sustainability Reporting SaaS for accurate greenhouse gas measurement and ESG compliance in line with sustainability laws.
               
BlackRock acknowledges risks in ESG ventures amid growing…
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…
               
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.
               
Africa set to fall $2.5 trillion short of…
A UN official stated that Africa will lack $2.5 trillion in climate finance by 2030 despite contributing the least to greenhouse gas emissions and facing…
               
France aims to curb fast fashion’s environmental impact…
French ruling-majority MPs propose a new bill suggesting penalties of up to 50% of the selling price for fast fashion brands like Shein. 
               
Climate tech firm trials fast-paying flood insurance in…
Floodbase, a New York-based climate tech firm specializing in satellite flood tracking, announced plans to roll out parametric flood insurance for small farmers in Malawi…
               
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.