Facebook, Instagram, and WhatsApp owner Meta announced that it has signed a new agreement with Constellation Energy, extending the life of a nuclear energy facility in Illinois for 20 years, with its 1.1 GW of output supporting Meta’s operations in the region, as well as the company’s clean energy goals. The new agreement, beginning in June 2027, will allow Constellation’s…
A public-private coalition of major financial institutions and governments has revealed its plans to launch a dedicated company aimed at accelerating private investment in sustainable development projects across emerging markets and developing economies (EMDEs). Blended finance brings together public or philanthropic capital and private funding through a common investment structure, enabling investors to invest in certain types of investments that…
BlackRock has been removed from a list of companies published by Texas subject to divestment for “boycotting energy companies,” after the asset management giant exited climate-focused investment groups and updated its energy investment policies, according to a statement released by Texas Comptroller Glenn Hegar. The development of the list in 2022 formed part of an anti-ESG movement in Republican states,…