BCG Signs 15-Year, 80,000 Ton DAC Carbon Removal Deal
Boston Consulting Group (BCG) announced today a purchase agreement with Direct Air Capture (DAC) company Climeworks. Spanning 15 years, the agreement is the largest...
Ara Partners Raises $3 Billion to Invest in Industrial Decarbonization
Industrial decarbonization-focused private equity investor Ara Partners announced that it has closed on more than $3 billion in new capital commitments, and concluded fund...
EU Lawmakers Agree on New Law Requiring Companies to Address Environmental, Human Rights Impact in Value Chains
Lawmakers in the European Parliament and Council announced today that they have reached a provisional agreement on the EU’s proposed corporate sustainability due diligence...
Cleantech Startup Dimensional Energy Raises $20 Million to Advance Carbon Utilization Tech
CO2 utilization company Dimensional Energy announced today that it has raised $20 million in a Series A funding round, with proceeds to be used...
Thermal Energy Storage Tech Startup Fourth Power Raises $19 Million
Thermal energy storage developer Fourth Power announced today that it has raised $19 million in a series A financing round, with proceeds aimed at...
BNP Paribas Launches New Climate Impact Infrastructure Debt Fund
Paris-based global bank BNP Paribas announced today the launch of BNP Paribas Climate Impact Infrastructure Debt, a new fund aimed at financing climate change...
UK Eliminates Cap on Penalties on Polluting Companies
The UK government announced that it has scrapped a limit on penalties that its EnvironmentalEnvironmental criteria consider how a company performs as a steward...
Sustainable Infrastructure-Focused Generate Capital Appoints William Sonneborn as New President
Sustainable infrastructure investor and operator company Generate Capital announced the appointment of William (Bill) Sonneborn as President. Founded in 2014, Generate builds, owns, operates and...
COP28 Ends with Agreement to Transition Away from Fossil Fuels
Following a marathon overnight negotiating session, a final agreement was approved at the UN’s COP28 climate conference in Dubai, which for the first time...
Microsoft Signs Carbon Removal Deal with Startup Inherit Carbon Solutions
Microsoft announced today that it has signed a carbon removal deal with Inherit Carbon Solutions, a startup that captures and permanently stores CO2 released...