SBTi Opens Consultation On Updated Automotive Net Zero Standard Targeting Use Phase Emissions
Updated draft centers on scope 3 “use of sold products,” which accounts for roughly 70 to 80 percent of automakers’ emissions New framework introduces zero emission vehicle metrics alongside emissions targets to improve flexibility and comparability Consultation running from February 3 to March 22, 2026 will shape how global automakers align with net zero governance […]
SAF One Secures Up To $30 Million For Middle East SAF Project
SAFFA Fund to invest up to $30 million in SAF One’s Middle East SAF facility, with production targeted by end-2028 Tata Projects and Honeywell UOP selected as EPC and process technology partners for a first-of-its-kind SAF plant in the region Project adds momentum to global SAF scale-up as aviation faces tightening decarbonisation mandates and supply […]
IFAD Raises $72 Million Through Sustainable Bond to Fund Rural Development
• SEK 750 million ($72 million) sustainable bond channels long-term capital into food security, rural livelihoods, and climate resilience across developing economies.• Swedish pension and insurance capital deepens exposure to multilateral development finance aligned with ESG mandates.• Deal reinforces the role of private placements in funding agriculture-led growth as pressure mounts on global food systems. […]
Iberdrola Signs Contract Worth $2.5 billion for New Submarine Electricity Interconnector
$2.5 billion HVDC cable contract underpins a 2,000 MW interconnector critical to UK electrification and grid resilience. Project strengthens north to south power transfer, easing congestion and enabling large scale renewable integration. Forms part of a broader multibillion dollar network investment wave aligned with the UK Clean Power 2030 Plan. Iberdrola has moved to deepen […]
Garanti BBVA Scales Sustainable Finance to $30 Billion
Garanti BBVA exceeded TL 1 trillion ($30 Billion) in sustainable finance by January 2026, advancing toward a TL 3.5 trillion commitment for 2018 to 2029. Capital deployment spans renewable energy, women’s entrepreneurship, and social infrastructure, paired with advisory support on decarbonization and climate risk. The bank earned an ‘A’ rating across climate change, water security, […]
