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India
India's First Green Bonds to Fund New Climate Finance Projects
The Indian government's first ever green bonds will focus on funding solar power projects, followed by wind and small hydro projects.
Net Zero Emission
France to Bankroll Development of Zero-Emission Ships With €300 Mln, Backed by $200 Mln From CMA CGM
France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels…
Hydrogen Project
Landmark Green Hydrogen Project Launched at COP27
A green hydrogen project in Ain Sokhna Egypt has been commissioned by project owners Fertiglobe, Scatec, Orascom Construction and The Sovereign Fund of Egypt.
Nuclear Reactor
UK Announces £95m for Advanced Materials’ Research and Development
The Henry Royce Institute at the University of Manchester will use the funding to advance its research in ‘super-materials’ that are critical to sectors inclu…
Carbon Emissions
Brazil's Lula Hopes to Unite Rainforest Nations, Tap Funding at COP27
A new alliance of rainforest nations - sought by Brazil's President-elect Luiz Inácio Lula da Silva - could be key to unlocking conservation funding and bolste…
EU
EU Commission Offers €3bn for Innovative Cleantech Projects
It has launched the third call for projects under the EU Innovation Fund, covering topics including decarbonisation, innovative electrification in industry and …
World Falling Short on Funding for Climate Adaptation - UN Report
The world is falling far short at rounding up money to help struggling nations adapt to the increasingly dangerous impacts of climate change.
Net Zero Emission
UK Government Boosts Hydrogen Buses With £26m
Wrightbus has secured the funding, as it looks to build 3,000 zero-emission buses.
Scotland Awards £2.9m to Tackle Nature and Climate Crises
Projects that restore Scotland’s rainforest and protect some of the country’s most threatened wildlife will share the funding.
Australia
ACEN Australia Bags $75m Funding for 8GW Renewable Energy Projects
This CEFC investment will accelerate the development of ACEN’s renewables portfolio.
Energy Storage Project
GSF Purchases 200 MW Storage Project
GoreStreet Energy Storage Fund (GSF), London’s, UK, first listed energy storage fund supporting the transition to low-carbon power, has announced that it has a…
Net Zero Emission
Baseload Capital Raises US$24 Million to Boost Geothermal
Swedish climate investment fund, Baseload Capital, has raised US$24 million in new financing, corresponding to SEK 250 million.
Net Zero Emission
Saudi Aramco Unveils $1.5BN Sustainability Fund
It will initially focus on sectors such as carbon capture and storage, hydrogen, greenhouse gas emissions and energy efficiency.
Iberdrola Renewables Investment Rises
Iberdrola invested almost €8bn globally in the first nine months of 2022, an increase of 14%, with 90% of funding allocated to renewables and smart grids.
BlackRock Raises $4.5 Bln for Climate-Focused Infrastructure Fund
BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest in infrastructure assets aimed at climate-focused projects.…
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