ECB Begins Applying Climate Risk Factors in Collateral Framework
The European Central Bank (ECB) revealed that it has started the application of a new “climate factor” in its collateral framework, enabling the central...
Catalyst Fund Raises $30 Million to Back Climate Tech Startups in Africa
Africa-focused climate technology venture capital firm Catalyst Fund announced the launch of Catalyst Climate Resilience Fund I, raising $30 million at the fund’s second...
Permira Invests in Energy Transition and Infrastructure-Focused Consulting Firm Quadrante
Global private equity and credit investment firm Permira announced a strategic investment through its Energy Transition strategy in engineering, architecture, environment and sustainability-focused consulting...
Walmart signs nuclear PPA with Constellation to support Illinois operations
ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments....
Analysts expect rising PPA prices as clean energy tax credits phase out
ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments....
3M Appoints Amanda Yates as Chief Sustainability Officer
Industrial technology company 3M has appointed Amanda Yates as its new Chief Sustainability Officer, succeeding outgoing CSO Gayle Schueller, who has announced her retirement...
EU Lawmakers Vote to Expand List of Products Under CBAM Carbon Import Tax
Lawmakers in the European Parliament’s Environment Committee (ENVI) adopted a position supporting a European Commission proposal to help avoid a shift in production away...
Google Backs Proxima’s Record $468 Million Raise in Race to First Fusion Power Plant
German fusion technology startup Proxima Fusion announced that it has raised €411 million (USD$468 million) in a new funding round, marking the largest-ever private...
Avantium Spinout Carbeau Raises $40 Million to Convert CO2 into Sustainable Materials
Renewable and circular polymer materials provider Avantium announced the spin-out of its electrochemical platform, Volta Technology, focused on converting CO2 into raw materials, into...
British Solar Renewables Signs $174 Million Financing Deal with Eiffel
UK-based renewable energy producer British Solar Renewables (BSR) announced that it has secured up to £130 million (USD$174 million) in a financing agreement with...