UNDP Launches Global Sustainable Finance Project Office in Dublin with €7.5M from Irish Government
€7.5M investment over three years positions Dublin as a global center for sustainable finance innovation. New UNDP Project Office will drive financial alignment with climate, nature, and sustainable development goals. Over 40 countries to benefit from practical tools and policy support through the Dublin-based platform Ireland and the United Nations Development Programme (UNDP) have officially […]
Microsoft Signs 44,000-Tonne Carbon Removal Deal with Carba Using Biochar Burial
Long-term Partnership: Microsoft will purchase 44,000 carbon removal credits from Carba, with deliveries beginning in 2025. Scalable Carbon Tech: Carba’s patented pyrolysis reactor converts biogenic waste into stable biochar with potential environmental co-benefits. Public-Private Backing: Carba’s project also received a $7 million U.S. Department of Energy grant under the Carbon Negative Shot initiative. Microsoft is […]
Zelestra Secures $113 Million Green Financing for Indiana Solar Project Supplying Meta
$113M green financing closed with Banco Santander to advance an 81 MWdc solar project in Indiana. Meta signs long-term environmental attributes purchase agreement (EAPA), deepening its partnership with Zelestra. Zelestra’s U.S. pipeline tops 7 GW, with over 1 GW of fully contracted projects set for construction within two years. Zelestra has secured a $113 million […]
Eni, UK Government Move Forward with Liverpool Bay Carbon Storage Network
£2B in Local Supply Chain Contracts: Financial close unlocks major investments and 2,000 new construction jobs. Backbone of UK CCS Strategy: Liverpool Bay project anchors the HyNet Cluster, one of the world’s most advanced carbon capture systems. Strategic CCS Expansion: Eni positions itself as a global CCS leader, with plans for dedicated business and international […]
Green Steel Startup Electra Raises $186 Million to Scale Clean Iron Production
$186M Series B led by Capricorn and Temasek boosts Electra’s total funding to $214M and accelerates the path to commercial-scale clean iron production. Backed by key players across mining, steelmaking, and investment, including BHP, Rio Tinto, Nucor, and Breakthrough Energy Ventures. Demo plant in Colorado set for 2025 to validate technology, support partner testing, and […]
