Sustainability technology company Clarity AI announced today the acquisition of ecolytiq, a provider of in-app climate engagement solutions for financial institutions, in a move described by Clarity AI as aimed at expanding its climate engagement offering for global retail and commercial banking financial institutions, as well as its consumer engagement capabilities. Founded in 2020, Berlin-based ecolytiq provides solutions to banks…
The European Commission announced the launch of its “Roadmap towards Nature Credits,” aimed at helping to develop a new market for nature credits, enabling farmers and foresters to fund activities to protect and preserve biodiversity and ecosystems through the facilitation of private capital flows from companies and investors. Similar in concept to carbon credits, which represent actions to reduce and…
The costs of a hotter and more volatile climate are rising, and pose significant risks to economic and fiscal outcomes in the UK, according to the Office for Budget Responsibility (OBR). As a result, sustainable investment professionals have issued fresh warnings to the UK government to rapidly accelerate its transition plans or face serious threats to the UK finances. In…