The fund flows picture for global sustainable funds improved in the second quarter, despite the geopolitical tensions, regulatory uncertainty and ESG backlash. Morningstar’s latest update shows global sustainable funds saw $4.9bn in net inflows in the three months to 30 June – a “notable rebound” from the record-high $11.8bn outflows in Q1. This was largely driven by European investors that directed $8.6bn…
Google Partners with Energy Dome to Globally Deploy Advanced Clean Energy Storage Tech
Google and energy storage startup Energy Dome announced the launch of a new long-term partnership, alongside a strategic investment by Google, aimed at deploying Energy Dome’s advanced long-term energy storage (LDES) solution globally, and addressing a key challenge enabling the use of 24/7 clean energy. Energy storage forms one of the key building blocks for the rapidly expanding clean energy…
NatWest Unveils Target to Provide £200 Billion in Climate, Transition Finance by 2030
UK-based financial services company NatWest Group announced the launch of a new sustainable finance target, aiming to provide £200 billion in climate and transition finance between July 2025 and the end of 2030. The new goal marks a significant increase from NatWest’s prior target, to provide £100 billion in climate and sustainable funding and financing between July 2021 and the…