EU Launches $108B Investment Plan to Accelerate Clean Fuels for Aviation
• Europe targets 20 million tonnes of sustainable fuels by 2035, requiring €100 billion in investments.• The plan integrates the EU’s Clean Industrial Deal...
Neustark Partners with Puro.earth to Verify Concrete-Based Carbon Removals
Neustark to certify carbon removals under Puro.earth’s Carbonated Materials methodology, with first credits expected in 2026. The partnership expands Puro.earth’s supplier network to more...
Inter IKEA Group Invests $108M in Brazilian Forest Restoration to Accelerate Carbon Removal
• Inter IKEA commits US$108 million (€100 million) to global forest-based carbon removal, launching its first project in Brazil’s Atlantic Forest biome.• The partnership...
Executive Committee of the Principles, Backed by ICMA, Issues Climate Transition Bond Guidelines
• The Principles, backed by ICMA, unveiled Climate Transition Bond Guidelines to structure funding for decarbonization projects.• The framework defines Climate Transition Projects that...
Molins Extends $324 Million Sustainability-Linked Loan to 2030
• The extension marks one of Europe’s earliest sustainability-linked financings in the building materials sector, now renewed through 2030.• The €300 million (US$324 million)...
TD Bank Secures Multi-Year Forest Carbon Deal with Chestnut Carbon
• TD Bank secures a four-year supply of Improved Forest Management (IFM) removal credits from Chestnut Carbon.• Agreement supports TD’s operational decarbonization and sustainable...
Mitsubishi, Shell Back Avnos with $17M to Build Flagship Carbon Removal Facility in the U.S.
The hybrid direct air capture (HDAC) specialist Avnos has secured up to $17 million in phased project financing from Shell US Gas and Power,...
Singapore Names Three Carbon-Rating Firms to Enhance Integrity of International Carbon Credits
The National Environment Agency (NEA) has selected three firms—BeZero Carbon Ltd, Calyx Global, Inc and Sylvera Ltd—to provide independent assessments of carbon-credit methodologies and...
HSBC Shifts Climate Targets While Maintaining 2050 Net Zero Ambition
HSBC reports US$54.1 billion in sustainable finance for the first half of 2025 and total mobilization of US$447.7 billion since 2020. The bank replaces...
ESG News Week in Review: 02 November – 09 November
In this week’s ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to...