France Unveils Roadmap to Quit Fossil Fuels by 2050
The government of France published its “Roadmap for Transitioning away from Fossil Fuels,” highlighting its initiatives to end its consumption of coal by 2030,...
Middle East War Triggers $100 Oil Shock As Governments Cut Demand And Intervene In Energy Markets
Global oil supply dropped by more than 10 million barrels per day, pushing prices above $100 and straining economies Governments are deploying demand-reduction policies,...
UpLink Launches Global Land Restoration Challenge Targeting $23 Trillion Risk
Up to 40% of global land is degraded, putting half of global GDP at risk and exposing a projected $23 trillion loss by 2050...
Scotiabank Drops Net Zero Goal As RBC Retains 2050 Target In Climate Reset
Canada’s two largest lenders scrap 2030 financed emissions targets, citing policy shifts and market uncertainty Royal Bank of Canada maintains its 2050 net zero...
NYC Pension Funds Flag BlackRock, Fidelity Misalignment as $300B System Tightens Net Zero Mandates
NYC pension funds, managing nearly $300 billion, warn BlackRock and Fidelity remain “insufficiently aligned” with net zero goals System may re-bid or terminate mandates,...
ERM has Appointed Louise Pearce as Global Leader of Sustainability and Risk
ERM consolidates sustainability, enterprise risk, and corporate affairs under a single global leadership role Appointment reflects rising investor focus on hard assets, mining, and...
Solaria Raises €300 Million to Build Out Renewables, Storage, Data Center Infrastructure Platform
Clean energy developer Solaria Energia announced that it has raised €300 million (USD$350 million) through an equity transaction representing 10% of its share capital,...
Engie Signs DAC Carbon Removal Deal with Deep Sky
Carbon removal project developer Deep Sky and power company Engie announced, encompassing covering carbon credit procurement, joint research, and market development, and including the...
CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition
Energy infrastructure investment manager Copenhagen Infrastructure Partners (CIP) announced the launch of Perigus Energy, its new European renewable energy platform created through its now-completed acquisition of...
Boeing Buys 20,000-Ton Portfolio of Biochar, ERW Carbon Removals
Carbon removal marketplace Supercritical announced a new agreement with Boeing for the purchase of 20,000 tons of durable carbon dioxide removal (CDR), sourced from...