Trump Admin Halts $5 Billion New York Offshore Wind Project
The U.S. Department of the Interior announced an order to stop construction activities on the Empire Wind project, a large scale offshore wind project...
NovoMOF Raises $5.4 Million to Scale Up Low-Cost Carbon Capture Materials
Swiss materials tech company novoMOF said it has raised CHF 4.4 million (USD $5.4 million) to further advance its sustainable materials for low-cost carbon...
Fintech Startup Crux Raises $50 Million to Build Capital Market Platform for Clean Energy Developers
Fintech startup Crux announced that it has raised $50 million in a Series B funding round to further develop its capital market platform for...
Guest Post: What the SBTi’s Draft Corporate Net-Zero Standard Version 2.0 Means for Businesses
By: Ruaridh Welsh, Consultant at EcoAct, a wholly owned subsidiary of Schneider Electric Last month, the SBTi launched the draft of its revised Corporate...
EU to Set Sustainable Design Requirements for Apparel, Steel, Furniture Products
The European Commission announced the adoption of its 2025-2030 working plan for its Ecodesign for Sustainable Products Regulation (ESPR) and Energy Labelling Regulation, aimed...
Oxy Acquires Carbon Removal Tech Startup Holocene
Direct air capture technology startup Holocene announced that it has been acquired by energy giant Occidental (Oxy), marking the latest in a series of...
Microsoft Signs Largest-Ever Permanent Carbon Removal Purchase Agreement
Microsoft announced that it has signed an offtake agreement to purchase 6.75 million metric tons of engineered carbon removal over 15 years, making it...
EU Commission Unveils Series of Changes to Reduce Compliance Burden of New Supply Chain Deforestation Law
The European Commission announced a series of measures aimed at simplifying the application of its EU Deforestation Regulation (EUDR), a new law aimed at...
SEC Approves Launch of U.S.’ First Sustainability-Focused Stock Exchange
The Green Impact Exchange (GIX) announced that the U.S. Securities and Exchange Commission (SEC) has approved its Form 1 application for registration as a...
Net Zero Banking Alliance Drops Requirement to Align Financing with 1.5°C
The Net-Zero Banking Alliance, a UN-backed coalition of banks aimed at advancing global Paris Agreement climate goals through their financing activities, announced a series...