Private finance ambition needs to match government commitments to developing nations, according to high-level expert group. Negotiations for the New Collective Quantified Goal (NCQG) at COP29 have been lent further urgency by a new assessment of the investment needed by emerging markets and developing economies (EMDEs) for Paris-aligned climate action. The Independent High-Level Expert Group on Climate Finance (IHLEG)…
Ahold Delhaize Signs Renewable Energy Deal Covering 30% of its European Electricity Needs
Netherlands-based international food retailer Ahold Delhaize said that it has entered into a Virtual Power Purchase Agreement (VPPA) with Spanish renewable energy company Bruc, supporting the financing and construction of a cluster of five solar power plants in Seville, Spain. Supplying 460 GWh of power per year, the VPPA will cover approximately 30% of Ahold Delhaize’s total electricity demands in…
NitroVolt Raises €3.5 Million to Produce Green Fertilizers for Farmers
Agriculture sustainability-focused startup NitroVolt announced that it has raised €3.5 million euros (USD$3.7 million) in seed funding, with proceeds to be used to help to commercialize its system for producing ammonia for farmers with a minimal carbon impact. Ammonia is used extensively in a number of areas, especially agriculture as a key ingredient in nitrogen fertilizers. Production of fertilizers such…
PUMA Commits to Slash GHG Emissions from Operations by 90% by 2030
Athletic footwear, apparel, and accessories company PUMA announced a new series of climate and sustainability targets, among them a reduction of both its Scope 1 direct and Scope 2 indirect greenhouse gas (GHG) emissions by 90% from their 2017 levels by 2030, as well as a 33% reduction in Scope 3 indirect GHG emissions from its supply chain. Additional new…
1K Daily Profit Review – Is It Worth Your Money?
1K Daily Profit is an automated cryptocurrency trading platform that helps users earn profits with minimal effort through customizable trading parameters and a user-friendly interface. Official Website: Click Here What is 1K Daily Profit? 1K Daily Profit is an automated trading software designed to help users profit from the cryptocurrency markets, particularly Bitcoin. The platform claims that it can…
UK to Ban New Coal Mines
The government of the UK today announced a new commitment to introduce legislation restricting new coal mine licenses, setting the country up as one of the first to effectively ban coal mining. The legislation will be launched as soon as possible, the government said. According to the IEA, coal is by far the largest source of energy-based CO2 emissions, accounting…
Guest Post: Traceability Data Holds the Key to Decarbonization and Green Investment
As COP29 nations gather to discuss climate finance targets, they should know instinctively: You can’t invest in what you can’t measure. By Shameek Ghosh, Co-Founder & CEO of TrusTrace The world is one huge, interconnected, interdependent supply chain. And the race to decarbonize that supply chain is intensifying, as reports indicate the earth may already have warmed more than the…
Paragonix Earn Review – Is It Worth the Hype?
Paragonix Earn is a secure trading platform offering users a seamless experience for cryptocurrency and asset trading, with advanced tools and reliable support. Official Website: Click Here What is Paragonix Earn? Paragonix Earn is an automated cryptocurrency trading platform that leverages advanced artificial intelligence (AI) and machine learning algorithms to analyze market trends and execute trades on behalf of its…
Competing for Top Talent with ESG
Competing for Top Talent with ESG Synopsis: The business case for the adoption of ESG (environment, social, governance) in the race to attract and retain top talent while London is forecast to greatly increase headcount. Three letters can make the difference in a fierce market. Humperdinck Jackman discusses the contribution of ESG. Published in the London Chamber of Commerce magazine…
Ninety One Urges Accelerated SDR Approvals
The investment manager’s environment fund joins select club to receive Sustainability Impact label, but hundreds await FCA rubber stamp. Ninety One said it hopes the UK Financial Conduct Authority (FCA) can expedite the approval process for its Sustainability Disclosure Requirement (SDR) labels for funds under its naming and marketing rules. Having reached the standards required to obtain a label, the…