RIFT Raises $132 Million to Decarbonize Industrial Heat with “Iron Fuel”
Netherlands-based cleantech startup RIFT announced that it has raised €113.8 million (USD$132 million) in combined funding through a Series B round and a European...
Galvanize Raises $370 Million for Real Estate Decarbonization Fund
Climate-focused investment firm Galvanize announced today the final close of Galvanize Real Estate Fund I (GRE), raising $370 million in commitments for the investment...
Svante Acquires Carbon Alpha To Expand Carbon Removal Projects In Canada
• Svante acquires Carbon Alpha, adding the North Star BECCS project designed to capture up to 140,000 tonnes of CO₂ annually in Saskatchewan.• The...
Carlsberg Raises Climate Ambition With Updated Brewing Tomorrow ESG Programme
Carlsberg introduces new absolute Scope 3 emissions reduction targets aligned with the Science Based Targets initiative while reaffirming its goal of a net zero...
South Korea Moves Toward Mandatory ISSB-Aligned Climate Disclosures For Large KOSPI Firms
South Korea proposes mandatory sustainability reporting for KOSPI-listed firms with assets above KRW 30 trillion ($20.4 billion) beginning in 2028 based on 2027 data....
China Targets 17% Carbon Intensity Cut By 2030 In New Climate Plan
China plans to cut carbon intensity by 17% between 2026 and 2030 while expanding renewable energy capacity. The strategy prioritizes replacing 30 million metric...
EIB Commits $1.1 Billion To Expand Renewable Power Access Across Sub-Saharan Africa
The European Investment Bank pledged more than €1 billion ($1.1 billion) to renewable energy projects supporting Mission 300, a global effort to connect 300...
Korea Plans Mandatory Sustainability Reporting Beginning in 2028
Korea’s Financial Services Commission announced the release of its draft roadmap for the implementation of mandatory sustainability disclosures, with a proposed start date for...
EU States Approve Target to Reduce Emissions 90% by 2040
EU member states in the European Council voted on Thursday to approve amendments to the EU Climate Law requiring the EU to reduce greenhouse...
EU Proposes Industrial Accelerator Act To Boost Low Carbon Manufacturing
The European Commission proposes the Industrial Accelerator Act to expand demand for low carbon and European made industrial technologies across sectors including steel, cement,...