Fortescue Secures $2 Billion Yuan Loan to Advance Decarbonization Push
Fortescue has secured a 14.2 billion yuan ($1.98 billion) loan to fund its decarbonization strategy and general corporate purposes. The five-year syndicated loan is the first of its kind for an Australian company with unrestricted use of proceeds. The deal signals Fortescue’s strategic pivot towards China amid a U.S. pullback from green energy investment. Fortescue […]
Emerge, EDM Partner to Advance Solar Project Development and Financing in UAE
Emerge will identify solar project opportunities, with EDB offering tailored financing to support deployment. The collaboration aims to help commercial and industrial players reduce costs, increase resilience, and meet clean energy targets. The initiative aligns with the UAE’s broader push for Net Zero and industrial transformation through clean energy infrastructure. Emerge, the joint venture between […]
UBS Exits Net-Zero Banking Alliance Amid Broader Retreat by Global Banks
UBS has exited the Net-Zero Banking Alliance (NZBA), joining a growing list of major banks distancing themselves from the climate-focused initiative. The decision follows similar moves by Barclays, HSBC, JPMorgan, Citi, Morgan Stanley, Macquarie, and Bank of Montreal amid rising political and regulatory scrutiny. UBS says it has developed internal sustainability capabilities, reducing the need […]
BeZero to Provide Independent Risk Analysis of Article 6.2 Credits for Switzerland
BeZero Carbon will assess project-level risks for carbon credits under the Paris Agreement’s Article 6.2 framework. The mandate supports Switzerland’s push for transparency and integrity in its international carbon trading efforts. The partnership sets a precedent for other governments integrating independent quality assessment into carbon markets. BeZero Carbon has been appointed by the Swiss Federal […]
Speeki to Integrate Agentic AI into ESG Platform for Proactive Sustainability Management
Speeki will enhance its ESG platform with agentic AI to automate and proactively manage sustainability tasks. Nicole®, Speeki’s digital ESG expert, will evolve to anticipate user needs and execute actions aligned with global reporting standards. The move aims to help companies meet rising disclosure demands without scaling ESG teams at the same rate. Speeki is […]
