Britain extends $100 million finance facility to help food security in Africa
British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, today announced a US$ 100 million finance facility with the Eastern and Southern African Trade and Development…
Iceland's First Green Bond worth 750 million Euros Launched
The Republic of Iceland issued a green bond in the amount of 750 million euros, the equivalent of ISK 111 bn. The bond bears a 3.5% fixed rate coupon, a…
South Korea Introduces a $313 Billion Plan for Eco-Friendly Financing to Fight Climate Change
South Korea has pledged a significant financial commitment to tackling climate change, announcing a $313 billion green financing plan. This initiative aims to slash greenhouse gas emissions by 40% from…
BNP Paribas Asset Management Introduces First Active Global Net Zero Transition Equity Fund
BNP Paribas Asset Management has introduced the BNP Paribas Global Net Zero Transition Equity fund, which is an equity fund based in Luxembourg that gives investors access to a diversified strategy across different sectors,…
Barclays and Lightsource bp have made a $140 million tax equity deal for a solar project in Louisiana
Barclays and Lightsource bp have agreed to a $140 million tax equity deal to fund the building of the Prairie Ronde 180MWdc solar project in St….
Carbon Markets: A Crucial Tool for Climate Finance Needs Reform
Carbon markets have great potential to drive corporate climate action, but significant changes are needed to unlock their full potential. Businesses play a crucial role in achieving global climate goals….
Iberdrola plans to invest €41 billion and hire 10,000 new employees by 2026 to speed up the use of electricity
“The electrification of energy is unstoppable and will expand exponentially in the years ahead, supporting decarbonisation, boosting energy security, and reducing the volatility caused by fossil fuels. Our strategic pillars…
Standard Chartered and DHL are working together to decrease emissions by using sustainable aviation fuel
As part of the agreement, the two organizations have agreed to jointly invest in Sustainable Aviation Fuel (SAF), allowing Standard Chartered to offset CO₂ emissions associated with its upstream logistics using high-quality SAF.
Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) have chosen contractors for a £4 billion project to build the world's first low-carbon power plant with carbon capture
Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) have chosen contractors for engineering, procurement, and construction contracts worth approximately £4bn. The selection…
The Biden-Harris Administration has pledged $750 million to help the hydrogen industry grow in America
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $750 million for 52 projects across 24 states to dramatically reduce the cost of clean…