SEB Manages $152 Million IFC Green Bond with a focus on Boost Biodiversity Finance
Mobilizing private capital for biodiversity: IFC’s 2 billion SEK green bond focuses on restoring ecosystems and promoting biodiversity in emerging markets. COP16 drives biodiversity finance agenda: The bond aligns with the Global Biodiversity Framework, a key outcome of COP16. Strategic partnerships for sustainable impact: SEB and IFC continue their collaboration to innovate green finance solutions. […]
Accenture Acquires IQT Group to Boost Net-Zero Infrastructure Expertise
Strategic acquisition: Accenture integrates IQT Group’s engineering expertise to enhance net-zero infrastructure project capabilities. Focus on clean energy and efficiency: IQT Group specializes in electricity, water, and telecom infrastructure for private and public organizations. Supports Italy’s energy transition: Projects align with the EU’s National Recovery and Resilience Plan (PNRR). Accenture has agreed to acquire IQT […]
IOSCO Launches Network to Support Emerging Markets in Adopting ISSB Sustainability Standards
Global collaboration: A dedicated network of 32 jurisdictions aims to streamline the adoption of ISSB sustainability standards in emerging markets. Wide-reaching economic impact: Members represent 4.3 billion people, more than 90% of BRICS GDP, and significant portions of global market capitalization and emissions. Capacity-building focus: The network offers support for supervisory, regulatory, and implementation aspects […]
Bill Gates’ Breakthrough Energy Backs Canadian Carbon Tech Hub with $40M Grant
$40M grant accelerates carbon removal tech: Breakthrough Energy’s funding supports Deep Sky’s Alberta-based Direct Air Capture (DAC) testing facility. Push for scalable carbon removal: The “Alpha” test ground will host eight companies developing DAC technologies for commercial-scale plants. Fast-tracked development: Deep Sky is taking a high-risk, parallel development approach to speed up carbon capture solutions. […]
DP World Launches Carbon Inset Programme to Help Importers Cut Scope 3 Emissions
Innovative emissions reduction trial: Importers through DP World UK ports earn carbon inset certificates for reducing supply chain emissions. Potential for significant impact: A 50% participation rate could replace 11,000 tonnes of fossil fuel, cutting 10,000 tonnes of CO₂. Certified, non-transferable credits: Inset credits, verified by Bureau Veritas, are issued quarterly and tied directly to […]