The European Commission announced that it has adopted Greece’s €4.8 billion (USD$5.6 billion) Social Climate Plan to use the revenues from emission allowances to advance the clean transition and support vulnerable consumers and enterprises. The Greek plan is the fifth…
Issuance of green bonds globally reached a new record in the second quarter of 2026, hitting $193 billion in the quarter, driven by strong growth by European issuers, and lifting overall issuance of labelled sustainable bonds higher compared to the…
Amazon announced the signing of four new long-term power purchase agreements (PPAs) for carbon-free electricity from new wind power projects in southern and central Sweden. The company said that the new projects will add nearly 200 MW of new carbon-free…
Global investment manager Nuveen and its sustainable commercial real estate financing solutions business Nuveen Green Capital (NGC), announced that it has raised over $1 billion in capital commitments at the first close of Nuveen CPACE Lending Fund IV, providing investors…
The U.S. Department of Justice (DOJ) announced that it has reached a settlement with Deloitte, with the global professional services firm agreeing to pay $21.5 million to settle allegations that it discriminated against employees and applicants on the basis of…
Energy storage technology company Certain Energy announced today that it has raised £10 million (USD$13.6 million) in a Series A funding round, with proceeds aimed at supporting the deployment of its long-duration, low cost solution to store energy to help…
Health technology company Philips announced the pricing of its new €650 million green bond offering, he first by the company – and in the healthcare industry – to be issued under the EU’s European Green Bond (EuGB) standard. Adopted by…
AI data center grid flexibility technology company Emerald AI announced that it has raised $150 million in a Series A funding round, with proceeds aimed at accelerating commercial deployment of its technology to transform AI data centers into flexible assets…
Singapore-based environmental markets exchange Climate Impact X (CIX) and London-based carbon market platform Carbonplace announced today an agreement to merge, in a transaction described by the companies as bridging two of the world’s leading financial and carbon market hubs, backed…
MassMutual Ventures (MMV), the venture capital investment arm of financial services and insurance company MassMutual, announced the launch of Climate Technology Fund II (CTF II), a $150 million venture capital fund targeting early-stage companies applying climate technology and artificial intelligence…