France to Receive €3.26 Billion in EU Funds After Hitting Green and Digital Targets
€3.26B greenlit as France meets all milestones under NextGenerationEU’s recovery plan. Investments span 11 projects in energy efficiency, digitalisation, mobility, and public services. Reforms target emissions and spending transparency, reinforcing long-term sustainability. The European Commission has approved a €3.26 billion disbursement to France after concluding the country fulfilled all required milestones under the Recovery and […]
Reforestation Startup Mombak Secures $18 Million Backing from Santander, BNDES
$17.8M Deal: Mombak secures funding from Santander and BNDES—the first reforestation project under Brazil’s R$10B New Climate Fund. Scaling Carbon Removal: With 45,000 acres under management and 8M trees expected by June, Mombak targets massive expansion in the carbon credit market. Institutional Backing Grows: Major banks and corporations like Microsoft, Google, and McLaren are validating […]
UK Softens EV Mandate to Shield Auto Industry From Trump Tariffs
UK eases EV rules to reduce pressure on automakers after 25% U.S. tariffs spark global trade tension. Hybrid vehicle sales extended to 2035, offering carmakers and fleets more transition time. Industry voices mixed reactions, with leaders calling for stronger consumer incentives and EU policy alignment. Britain is rolling back parts of its Zero Emission Vehicle […]
