Lander Urges NYC Pension Funds to Drop BlackRock, Fidelity, and PanAgora Over Weak Climate Stewardship
• New York City’s pension systems have achieved a 37% cut in financed emissions since 2019 but identify three major asset managers that fall short of net-zero expectations.• BlackRock’s rollback on proactive U.S. proxy engagement affects $42.3 billion in index mandates and is seen as incompatible with the systems’ decarbonization requirements.• Fidelity and PanAgora face […]
Vietnam Launches National Cooling Overhaul to Anchor Its 2050 Net Zero Strategy
• Vietnam’s first National Sustainable Cooling Plan projects more than 800 TWh of electricity savings by 2050 and a 97 per cent reduction in cooling-related emissions compared with business-as-usual.• The plan aligns with the Kigali Amendment, phasing out HCFCs by 2040 and cutting HFC consumption by 80 per cent by 2045, while requiring all new […]
EU Weighs Delay to Automotive Package as Germany Pushes to Reopen 2035 Engine Phase Out
• Brussels is considering a delay of several weeks to an automotive support package that could reshape the EU’s 2035 combustion engine phase out.• Germany and parts of the car industry are lobbying to allow plug-in hybrids and “highly efficient” combustion engines beyond 2035.• The file has grown into a test of Europe’s industrial strategy, […]
Vestas to Double Polish Blade Production as Europe’s Onshore Wind Buildout Accelerates
• Vestas will double output at its Goleniow, Poland blade plant to meet rising European demand, adding a second line for its V172-7.2 MW turbine and hiring more than 300 workers.• The expansion is driven primarily by Germany’s accelerating onshore market, which installed 2.2 GW in the first half of 2025 and is on track […]
CVC, Low Carbon Secure $1.39 Billion to Accelerate European Clean Energy Expansion
• New financing package totals approximately £1.1 billion ($1.39 Billion), combining CVC DIF’s equity stake, MassMutual follow-on investment, project debt refinancing and a new Holdco facility.• Capital will support Low Carbon’s 16 GW development pipeline and scale a 3 GW portfolio across the UK, Germany, and Poland toward operations.• Investment aligns with UK and EU […]
