Neste and DB Schenker Launch Singapore’s First Trial of Renewable Diesel for Road Transport
Up to 90% emissions cut: Trial shows potential to reduce GHG emissions in land transport across APAC. No infrastructure overhaul needed: Neste MY Renewable Diesel is drop-in ready for existing diesel engines. Major regional milestone: First use of Neste’s renewable diesel for road transport in Singapore. Neste and DB Schenker have joined forces to accelerate […]
Microsoft, IAG Sign Largest-Ever Scope 3 SAF Deal to Cut Emissions from Business Travel and Air Freight
Microsoft to co-fund 39,000 tonnes of SAF, cutting 113,000 tonnes of lifecycle emissions — the largest and longest Scope 3 SAF agreement between an airline and corporate customer. SAF to be sourced from UK’s Phillips 66 and US-based LanzaJet, both using sustainable feedstocks and certified by ISCC. IAG’s total SAF-related investment surpasses $3.5B, supporting long-term […]
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 […]
