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IFC, MAS, and Temasek Unite for Sustainable Infrastructure Development in Asia

Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced the intent to establish a green investments partnership to address climate finance gaps and increase the bankability of green and sustainable projects in Asia, with an initial focus on Southeast Asia.   Developing Asia needs US$1.7 trillion annually in […]

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Amazon and Clarity AI Advance Sustainable Investing at Scale

Leading sustainability technology platform, Clarity AI, uses AWS’s generative AI, machine learning, and analytics capabilities to measure sustainability and social impact of companies and funds At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced that Clarity AI, a leading technology company that delivers environmental and social insights to ensure that companies and […]

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Indonesia Unveils $20 Billion Investment Plan for Just Energy Transition

The International Partners Group (IPG), co-led by the United States of America and Japan and comprised of Canada, Denmark, the European Union, the Federal Republic of Germany, the French Republic, Norway, the Republic of Italy, and the United Kingdom of Great Britain and Northern Ireland, jointly welcome the launch of Indonesia’s Just Energy Transition Partnership […]

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Sun Pharma, WOTR Partner to Create 5.2 Billion Litre Water Harvesting Capacity in Rural Maharashtra

WOTR (Watershed Organisation Trust) is excited to announce a pivotal partnership with Sun Pharma. The three-year programme aims to address the challenges of water security and climate change in the Ahmednagar and Beed districts of Maharashtra, by creating a water harvesting capacity of over 5.2 billion litres. With the project spanning nearly 30,000 hectares, reaching […]

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Namibia Pioneering Zero-Emissions Iron Production with HyIron Oshivela Project

Namibia charted a way to making global history as the first country to develop the world’s first industrial production of iron at zero emissions. This follows the groundbreaking ceremony of the pioneering HyIron Oshivela Project, a partnership of Namibian and German companies. This is one of the investments facilitated by the NIPDB, and will contribute […]

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CalPERS to Double Climate Investments, Consider Selling Stocks in Companies with Poor Net Zero Plans

CalPERS, the largest public pension fund in the US, will more than double its climate-focused investments to $100 billion by 2030. The fund will also consider selling stocks in companies that do not have credible net zero plans or invest in the energy transition. CalPERS believes that the transition to a lower-carbon economy presents a […]

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Pope Francis to Attend COP28 Climate Change Conference in Dubai

Francis has been vocal about climate issues in recent years Pope Francis will attend the Cop28 climate summit in Dubai next month, marking the first time a pontiff has participated in the UN meeting. “I will go to Dubai. I think that I will leave on December 1 through the 3rd. I’ll spend three days […]

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1PointFive, TD Announce One of the Finance Industry’s Largest Purchases of Direct Air Capture Carbon Removal Credits

1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group (TD), announced a purchase of carbon dioxide removal (CDR) credits from STRATOS – 1PointFive’s first Direct Air Capture (DAC) plant currently under construction in Texas. Under the terms of the agreement, and subject to STRATOS becoming operational, TD Securities has agreed to purchase 27,500 metric […]

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NY Fed Urges Electrification of Small Multifamily Buildings to Meet Clean Energy Goals

The Federal Reserve Bank of New York released a paper on the challenges of electrifying 5- to 50-unit buildings in New York State. Electrifying such buildings, which comprise almost 20% of the state’s housing units, will be necessary to meet clean energy goals set by New York City and New York State laws. The paper, […]

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Japan, Denmark Partner on Floating Offshore Wind Power Technology

Japan and Denmark have officially joined forces to collaborate on the research and development of floating offshore wind power technology. This strategic partnership aims to address the pressing issue of climate change by advancing the emerging floating offshore wind industry, which is anticipated to experience significant expansion over the next decade. Nations worldwide are earnestly […]

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