ADB Issues 1st Biodiversity and Nature Bond of $100M at CBD COP 16
The landmark biodiversity bond will be used to mobilize nature projects in Asia-Pacific, supporting climate action and the UN SDGs.
Superconductivity’s Role in Climate Change and Creating a Cooler Planet
Superconductivity can serve as the foundation for a carbon-neutral society thanks to its compatibility with hydrogen and renewable energy sources.
Saudi Arabia’s PIF Earmarks Capital Expenditure of $19.4B for Green Projects
The sovereign fund will park significant investments in renewable energy, green buildings and sustainable water management projects.
UAE’s ESG Sukuk Soars 43% in Q3, Fueling Middle East Green Finance Boom
ESG constitutes around 15.6 percent of the UAE’s overall sukuk issuance as of Q3 2023, up from 12.7 percent in the same period last year.
US-based BrightNight closes $440M investment from Goldman Sachs
The investment is expected to fully fund BrightNight’s five-year business plan and execute its 31-gigawatt renewable power project portfolio.
Fujitsu and Supermicro Join Forces to Advance Green Computing
Fujitsu and Supermicro partner to develop advanced green computing technologies and liquid-cooled data center solutions.
Morgan Stanley Arm Raises $750M to Eliminate 1 GT of Carbon Emissions by 2050
The fund will focus on sustainable mobility, power, agriculture, and the circular economy while leveraging ESG principles.
Atlas Metrics Raises $13.6M Series A Funding to Make ESG Compliance Effortless
The capital will be used to expand globally, simplify ESG compliance and help businesses manage corporate sustainability reporting directive reporting.
New Siemens Tool Tackles Building Decarbonization with Data-Driven Solutions
Siemens Financial Services launched a cloud-based tool to help address the overwhelming complexity of decarbonizing buildings and the financing needed for net-zero emissions.
REC Raises $500M Through Green Bonds to Support Clean Energy Projects
REC Ltd. makes a significant contribution to green finance by issuing $500 million green bonds. The funds will be allocated to renewable energy projects.