On September 16, 2024, Brazil’s Attorney General filed a lawsuit seeking compensation for climate damage resulting from environmental infractions allegedly perpetrated by livestock farmers inside a Conservation Unit, more specifically the Jamanxim National Park, located in the Amazon Rainforest. In Brazil, a Conservation Unit is a type of specially protected area, legally established by public authorities, to which a special…
Brazil’s Attorney General Files Climate Lawsuit to Protect Conservation Unit
On September 16, 2024, Brazil’s Attorney General filed a lawsuit seeking compensation for climate damage resulting from environmental infractions allegedly perpetrated by livestock farmers inside a Conservation Unit, more specifically the Jamanxim National Park, located in the Amazon Rainforest. In Brazil, a Conservation Unit is a type of specially protected area, legally established by public authorities, to which a special…
CRH, Holcim Invest $75 Million in Low Carbon Cement Developer Sublime
Sublime Systems, which specializes in producing low-carbon cement, announced today a new partnership with building materials giants CRH and Holcim, including a $75 million equity investment and a binding offtake reservation, aimed at supporting the near-term development and operations of Sublime’s first commercial manufacturing facility in Holyoke, Mass. Cement production is a significant contributor to global greenhouse gas emissions, and…
Air France-KLM Signs Deal for 1.9 Billion Liters of Sustainable Aviation Fuel with TotalEnergies
TotalEnergies, one of the world’s largest energy companies, has signed a Memorandum of Understanding (MoU) with Air France-KLM for the delivery of an additional 1.5 million tons, or nearly 1.9 billion liters, of sustainable aviation fuel over a 10-year period until 2035. The new deal builds on a contract that was signed between the companies in 2022, in which TotalEnergies…
TPG Raises $1.25 Billion for Global South-focused Climate Solutions Investment Strategy
TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform, TPG Rise, announced that it has raised $1.25 billion in initial capital commitments for its new Global South Initiative (GSI) strategy, aimed at accelerating transformative climate solutions across the Global South, including a $500 million commitment from UAE-backed climate investment platform ALTÉRRA. The new GSI strategy was…