Alternative asset manager Blackstone announced today an investment of up to €2 billion (USD$2.3 billion) to acquire a significant stake in Denmark-based renewable developer Eurowind Energy, with the new capital aimed at scaling the company’s renewable energy development activities across Europe. Founded in 2006 by CEO Jens Rasmussen, Søren Rasmussen and Jakob Kortbæk, and jointly owned by Danish integrated energy…
More than four out of five companies are maintaining or accelerating their climate goals, and more companies are on track to achieve their operational and value chain decarbonization targets, challenging the narrative that sustainability efforts have peaked with increased political scrutiny, according to a new study released by professional services firm PwC. The study also indicated that sustainability efforts are…
Guest post by: Kristina Wyatt, and Executive Vice President and General Counsel at The Conservation Fund When the California Air Resources Board votes on how Scope 3 reporting will roll out in 2027, it will do more than set compliance deadlines. It will define the seriousness of California’s climate ambitions. What is at stake is not simply a technical question…
Voluntary carbon markets-focused finance company Climate Impact Partners and Aviva Investors, the global asset management business of Aviva plc, announced the launch of the Llanos Vivos project, a large-scale afforestation and restoration initiative in Colombia, designed to generate high-integrity carbon removal credits while restoring degraded land. The project, located in the Vichada region of Colombia’s eastern plains, will cover up…