Foresight Solar Fund’s (FSFL’s) board and investment manager have renegotiated the trust’s fee arrangements to “deliver substantial cost savings to the company” amid a period of challenging performance for the renewable energy sector. In a London Stock Exchange announcement published today (18 February 2025), FSFL’s board said it is “acutely aware of the growing preference… for management fee structures to…
Climate Tech Startup Spark Raises $2.4 Million for Solution to Produce Low Cost Sustainable Aviation Fuel
Climate tech startup Spark e-Fuels announced that it has raised €2.3 million ($2.4 million) in a pre-seed funding round, with proceeds aimed at advancing its solution to produce clean fuels to decarbonize aviation and other hard-to-abate industries with renewable energy. Fuel accounts for the vast majority of the aviation sector’s emissions. While sustainable aviation fuel (SAF) has emerged as a…
ICAO Launches Platform to Connect Aviation Decarbonization Projects with Investors and Financing
The International Civil Aviation Organization (ICAO) announced the launch of ICAO Finvest Hub, a new platform aimed at securing funding for aviation sustainability projects, such as sustainable aviation fuel (SAF) production, clean energy infrastructure and decarbonization initiatives, by connecting projects with investors worldwide. According to the ICAO, SAF, lower carbon aviation fuels (LCAF), and other cleaner energy solutions are expected…
85% of Companies to Stick with Climate Reporting Plans Even if Regulations Change: Workiva Survey
The vast majority of companies will move forward with their sustainability and climate reporting plans, even if regulatory requirements change, as executives see significant strategic value in sustainability data, and nearly all investors report being more likely to invest in companies that provide integrated sustainability and financial information, according to a new survey released by business data and reporting solutions…