30-Out-2023
Petronas, GIC, Gentari to produce green ammonia by 2025
GIC has teamed up with Gentari in Malaysia and the founders of India’s Greenko Group to produce five million tonnes per annum (MTPA) of green ammonia by 2030.
30-Out-2023
Rwanda first launches sustainability-linked bond
The Development Bank of Rwanda (BRD) launched and opened the public offer of its inaugural sustainability-linked bond, partially credit-enhanced by the World Bank.
30-Out-2023
Infinity eyes 10GW of renewables by 2030
Infinity Power, a joint venture between Egypt’s Infinity and the UAE’s Masdar, is targeting 10GW of operational renewable energy by 2030.
30-Out-2023
Adani to raise USD 4b to fund green hydrogen plans
Conglomerate Adani Group is seeking to raise as much as USD 4 billion to help develop manufacturing plants that would produce low-cost green hydrogen.
30-Out-2023
Stellantis unveils EUR 1.5 euros investment in Leapmotor
Manufacturer Stellantis announced a plan to invest about EUR 1.5 billions to acquire 20 percent of Chinese EV maker Leapmotor.
30-Out-2023
South Pole pulls plug on Zimbabwe project amid allegations
South Pole has terminated its involvement in its flagship forest protection project in Zimbabwe, Kariba REDD+.
30-Out-2023
EU adds removals to NZIA, votes on Certification Framework
The European Parliament recently adopted a report on the Net-Zero Industry Act (NZIA) which differs from the Commission’s initial proposal by adding carbon dioxide removal (CDR) to the list of net zero technologies, as well as the recognition of CO2 capture, infrastructure, and storage projects as net zero strategic projects. The addition will allow faster permit-granting processes, easier access to financing and investments, and direct funding at the EU and/or member state level for carbon removal projects.
30-Out-2023
Chevron buys Hess Corporation for USD 53 billion
Chevron is buying energy titan Hess Corporation for USD 53 billion in the second largest acquisition in the energy sector this month.
30-Out-2023
Deutsche Bank sets net zero targets for polluting sectors
Deutsche Bank set new emission reduction goals that were published in its initial Transition Plan as well as net zero pathways for three additional carbon-intensive industries in the bank’s corporate loan portfolio.
30-Out-2023
Apple, partners launch Clean Energy Procurement Academy
Apple, Nike and other companies established an initiative aimed at promoting the adoption of clean energy and reducing greenhouse gas emissions in supply chains.
30-Out-2023
BP buys USD 100 million worth of Tesla chargers
Oil and gas company BP is set to purchase USD 100 million worth of electric vehicle chargers from Tesla.
30-Out-2023
Iraq launches first carbon bond-funded project
Iraq's Oil Minister, Hayan Abdul Ghani, has announced the launch of the country's first project funded by carbon bonds.
30-Out-2023
Dubai’s DEWA targets net zero by 2050, circular focus
Dubai Electricity and Water Authority (DEWA) aims to achieve net-zero carbon emissions by 2050 and focus on circular economy initiatives.
30-Out-2023
China closer to relaunch of CCER program
The Ministry of Ecology and Environment has made significant progress toward relaunching the China Certified Emission Reduction program.
30-Out-2023
GCF approves USD 736m for new projects
The Green Climate Fund's (GCF) Board approved 15 proposals totaling USD 736.4 million to fund new climate projects in developing countries.
30-Out-2023
EU adopts European Green Bond Standard
After two years in the pipeline, the Council of the EU adopted a regulation creating a European Green Bond Standard (EGBS) on 23 October 2023.
30-Out-2023
Nature tech investment reaches a total of USD 7.5b
Billions are being invested in nature tech startups due to increased emphasis on corporate impact reporting, according to new research.
30-Out-2023
WMBC companies pen letter for fossil fuel phase-out
More than 130 companies, as part of the We Mean Business Coalition (WMBC), signed a letter calling on governments to adopt a global plan to phase out fossil fuels without carbon capture during upcoming climate negotiations.
30-Out-2023
Amazon plans for 39 new renewable energy projects
The new projects include 15 rooftop solar installations on Amazon facilities and 24 utility-scale wind and solar projects, including a solar farm in Greece.
30-Out-2023
Report: Australian bank loans play role in climate breakdown
More than a fifth of the loans issued by Australian banks have gone to high-risk sectors that degrade and destroy nature, new analysis shows.