ICJ Opinion Opens the Door for Climate Change Lawsuits Against Developed Nations
The International Court of Justice (ICJ), the UN’s principal judicial body, announced the release of its Advisory Opinion on the Obligations of States in...
SEC Declines to Say if it Will Uphold Climate Disclosure Rule if Lawsuit Against it Fails
The U.S. Securities and Exchange Commission (SEC) has told the U.S. Court of Appeals that it does not intend to review or revisit its climate...
Guest Post: Insurance Must Adapt to the New Climate Reality
By: Pierre du Rostu, CEO of AXA Digital Commercial Platform The protection gap describes the difference between the total losses caused by an event...
Gold Standard Releases Certification Requirements for Engineered Carbon Removals
Sustainability standards body Gold Standard announced the publication of its Engineered Removals Activity Requirements, a new framework aimed at setting benchmark requirements for the...
Jupiter Intelligence Launches New Solutions Enabling Banks, Investors to Quantify Climate Risk
Climate data solutions provider Jupiter Intelligence announced the launch of a series of new tools, aimed at enabling banks and asset managers to quantify...
Lloyds Launches Carbon and Nature Markets Practice
Lloyds Bank Business and Commercial unit announced the launch of a new center of excellence for Voluntary Carbon and Nature Markets (VCNM), aimed at...
Goldman Sachs Acquires Liquid Waste Solutions Provider LES
Goldman Sachs Alternatives announced an agreement by its infrastructure team to acquire non-hazardous liquid waste management services provider Liquid EnvironmentalEnvironmental criteria consider how a...
Meta Buys 100% of Renewable Energy from New $900 Million Solar Project to Power U.S. Data Centers
Facebook, Instagram, and WhatsApp owner Meta and Alberta-based energy company Enbridge announced a new long-term contract with Enbridge supplying Meta with 100% of the...
JPMorgan, Microsoft Back New Financing Model to Scale Nature-Based Carbon Removal Projects
Nature-based carbon removal startup Chestnut Carbon announced that it has secured a new $210 million project finance credit facility, led by J.P. Morgan and...
Ambienta Acquires Sustainable Agriculture Platform Agronova
Sustainability-focused European asset manager Ambienta announced the acquisition of Agronova Biotech, marking its first investment in the sustainable agriculture sector. Agronova Biotech, which is...