Achmea, ILX Partner to Launch Emerging Markets-Focused Impact Investing Platform

Netherlands-based insurance group Achmea’s investment unit, Achmea Investment Management, and asset manager ILX Management announced a partnership aimed at providing an emerging markets debt impact vehicle for Dutch pension funds. According to the companies, the new platform is being proposed…

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Reverion Raises $175 Million to Scale Production of Carbon Negative-Capable Power Plants

Fuel cell technology startup Reverion announced today that it has raised $175 in a Series B funding round, with proceeds aimed at significantly scaling up production of its power plants, capable of generating carbon negative energy to power industrial sites…

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ISO’s Proposed Net Zero Standard Fails Initial Vote Amid Record Feedback

The International Organization for Standardization’s (ISO) long-awaited proposed net zero standard, ISO 14040, failed to pass a vote by member organizations required to advance to become a final standard in its current form, ESG Today has confirmed, after receiving record feedback…

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NYC Comptroller Proposes $5 Billion in New Private Markets Climate Solutions Investments

New York City Comptroller Mark Levine announced that he is recommending a strategic expansion in private markets climate solutions investments for three of the City’s public pension funds, with plans to present $5 billion in new private market investment opportunities.…

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JPMorgan Natural Capital, Paraguay Launch $200 Million Sustainable Forestry Platform

J.P. Morgan Asset Management’s (JPMAM) natural capital unit, J.P. Morgan Natural Capital, and the Office of the President of the Republic of Paraguay announced the launch of a new large-scale sustainable forestry platform, with an investment of approximately $200 million. According…

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Crédit Agricole Launches New Natural Capital Finance and Investment Division

Paris-based international banking and investment group Crédit Agricole announced Monday the launch of Crédit Agricole Capital Naturel, a new division focused on supporting companies, investors and other stakeholders in addressing challenges related to the preservation and restoration of natural resources, with…

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Barclays Appoints Paul Williams as Global Head of Operational Sustainability

UK-based banking group Barclays has appointed Paul Williams as its new Global Head of Operational Sustainability. In his new role, Williams will be responsible for leading Barclays’ sustainable operations strategy, embedding sustainability across Procurement, Global Real Estate, Technology and wider…

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