Green Climate Fund Approves Record $1.225B for Climate Projects
$1.225B in climate finance approved—the largest single-meeting allocation in GCF’s history—supporting 17 new projects in vulnerable developing countries. Major accreditation reforms adopted to accelerate approval timelines, enhance transparency, and expand access for national and regional partners. Global expansion underway, with GCF inviting bids to host regional offices and strengthening staff regulations to support growth. The […]
UK Launches First Onshore Wind Strategy to Double Capacity, Unlock 45,000 Jobs
Job Growth & Investment: Up to 45,000 new skilled jobs and £70 million in annual community funding projected by 2030 through the new onshore wind strategy. Policy Reset After 9-Year Stagnation: Over 40 new measures introduced to reverse the near-decade-long de facto ban on onshore wind in England. Clean Energy Push: Strategy aims to achieve […]
Phlair, Carbon Removal AS Launch Europe’s First Large-Scale DAC and CO₂ Storage Project
Major Climate Milestone: Project targets up to 500,000 tonnes of CO₂ removed annually, marking a significant advancement in European carbon management. Grid-Stabilizing DAC Tech: Phlair’s load-flexible, electrochemical system supports electricity networks while reducing the cost of carbon removal. Exclusive National Partnership: Carbon Removal AS becomes Phlair’s exclusive DAC customer in Norway for the duration of […]
ISSB Launches Major Review of SASB Standards to Strengthen Climate and Industry Alignment
Comprehensive overhaul: The ISSB proposes updates to SASB Standards across nine priority industries and targeted metrics across 41 others to enhance alignment with IFRS S2. First global input opportunity: Stakeholders worldwide are invited to comment on SASB metrics related to climate, nature, and human capital by 30 November 2025. Focus on interoperability: Drafts were shaped […]
IKEA to Cut 1,400 Tons of Plastic Annually with Paper-Based Fitting Bags
IKEA Components will replace plastic fitting bags with paper-based alternatives during FY25, reducing virgin plastic use by 1,400 tons annually. The initiative supports IKEA’s broader Plastics Out Agenda to phase out plastic consumer packaging by 2028. Paper bags are produced in-house using recycled wood waste and will remain recyclable despite a thin plastic coating. IKEA […]
