UK Unveils Historic Clean Power Plan to Secure Energy Independence by 2030
Energy Independence by 2030: The UK’s Clean Power Action Plan targets a renewable and nuclear-dominated energy mix to secure energy independence and lower costs. £40 Billion Annual Investment: The plan aims to unlock private investment in clean power infrastructure, creating thousands of skilled jobs nationwide. Streamlined Infrastructure: Bold reforms will accelerate grid connections, simplify planning […]
Global Reporting Initiative (GRI) Appoints Robin Hodess as New CEO
New Leadership for GRI: Robin Hodess will assume the CEO role in February 2025, bringing extensive experience in governance, strategy, and sustainability. Strengthening Transparency Standards: Hodess aims to advance GRI’s mission of corporate transparency and strengthen its sustainability reporting framework. Global Perspective: With a career spanning international leadership roles, Hodess is poised to lead GRI […]
Invesco Launches Record-Breaking $2.4 Billion Climate ETF Backed by Varma
Largest ETF Launch Funding: Finnish pension insurer Varma’s $2.4 billion investment sets a global record for new ETF launches. Focused Climate Strategy: The ETF targets North American companies aligned with greenhouse gas and carbon reduction goals. Collaborative Customization: Developed in partnership with MSCI, the ETF aligns with institutional climate-focused investment needs. Invesco Unveils Climate-Focused ETF […]
Kansai Electric Purchases 49% Stake in Iberdrola’s €1.3 bln Offshore Wind Project in Germany
Strategic Partnership: Iberdrola sells a 49% stake in Germany’s Windanker offshore wind farm to Japan’s Kansai Electric, retaining operational control. Expanding Renewable Capacity: The 315 MW wind farm is set to be operational by late 2026, part of Iberdrola’s €15 billion offshore wind investment. Global Decarbonization Push: Iberdrola leverages alliances to accelerate renewable energy growth […]
Canada Proposes $15 Billion to Boost AI Green Data Centers
Major Investment in Green AI: Canada considers a $15 billion incentive to attract pension fund investments in green-powered AI data centers. Tackling Energy Challenges: AI’s growing energy demands spotlight the need for clean power to replace reliance on fossil fuels. Global Competitiveness: Proposal aligns with Canada’s push to lead in sustainable tech infrastructure amid a […]
