Philippines to Launch Carbon Credit Policy for Energy Sector
Policy aims to strengthen the country’s role in carbon markets and drive clean energy transition Designed to attract private sector investment in renewables and emissions-reduction projects Builds on international cooperation, including a 2024 carbon credit pact with Singapore The Philippines is preparing to introduce a Carbon Credit Policy for its energy sector, a move the […]
Marsh Delivers Carbon Credit Insurance to Drive $210M Financing for U.S. Carbon Removal Project
Marsh’s insurance solution enables Chestnut Carbon to secure a $210 million landmark financing deal. Microsoft commits to purchase 7 million tons of carbon removal credits to support its 2030 carbon-negative goal. Project to restore 60,000 acres in the Southern U.S. and plant 35 million biodiverse trees, backed by first-of-its-kind project financing in the voluntary carbon […]
Google, Kairos Power and TVA to Deploy First Advanced Nuclear Reactor
First-ever U.S. utility purchase of power from a next-generation nuclear reactor Hermes 2 Plant will deliver 50 MW of clean energy to TVA’s grid starting in 2030 Project expected to strengthen Oak Ridge’s nuclear legacy and create high-paying jobs In a landmark move for U.S. energy, Google has partnered with Kairos Power and the Tennessee […]
California Court Upholds Climate Disclosure Laws, Rejects Chamber of Commerce Challenge
In a decision with far-reaching implications for corporate climate accountability, a federal judge this week ruled that California’s groundbreaking climate disclosure laws—SB 253 (emissions reporting) and SB 261 (climate-related financial risk)—will remain in force. The ruling, which rejected a preemptive challenge by the U.S. Chamber of Commerce and allied business groups, clears the path for […]
Iberdrola Advances Supply Chain Sustainability Training with UN Compact
More than 920 SME suppliers join Iberdrola’s latest sustainability training, spanning four continents. The initiative builds on previous years, where 338 suppliers completed the program with 96% finding it useful. Iberdrola enforces a strict supplier Code of Conduct covering human rights, inclusion, safety, and anti-corruption. Iberdrola has renewed its collaboration with the UN Global Compact […]
