Delta Air Lines announced a new agreement with Shell Aviation, aimed at expanding its use of sustainable aviation fuel (SAF) at key U.S. hubs and priority cities through increased supply and the development of infrastructure to enable the fuel to reach aircraft. Under the five-year agreement, the two companies said that they will expand the supply of SAF for flights…
Deutsche Bank and the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) announced the launch of a new partnership to create a $1 billion platform aimed at increasing access to trade finance in frontier and emerging markets. MIGA promotes investment in developing countries to support economic growth, reduce poverty, and improve people’s lives, by reducing risk and fostering confidence among…
Circular textile technology startup Syntetica announced that it has raised $30 million in a Series A funding round, aimed at supporting the commercialization of its nylon recycling technology, with investors in the round including athletic apparel company lululemon and apparel manufacturer MAS Holdings. Founded in 2023 by Bertone and Louis Monsigny, Paris-based Syntetica develops chemical recycling technology that converts nylon-containing…
Walmart, General Mills, global agriculture company ADM announced a new strategic collaboration to accelerate regenerative agriculture by helping farmers in the U.S. Midwest adopt practices to improve soil health, water quality and carbon sequestration. Under the new collaboration, targeting 40,000 Midwest wheat acres, the companies said that the program will focus on key growing regions where General Mills sources wheat from…
UN-backed Green Climate Fund (GCF), the largest global climate fund for developing countries, announced that it has roughly quadrupled its capacity to financing new climate projects, adding $4 billion for investments through a change in its balance sheet management approach. The new approach comes as state-backed funding for the GCF has fallen, particularly due to a move earlier this year…
Energy giant BP announced an agreement to sell the majority of the portfolio of its venture capital business, bp Ventures, to digitalization and decarbonization-focused growth investor Verdane. The sale includes minority stakes in more than 10 businesses, which Verdane described as “helping to make the energy transition more efficient through innovative use of technology,” with solutions focused on the digitalization…
Agri-tech startup Rize announced today that it has raised $31 million in a Series B funding round, with proceeds aimed at scaling its platform to reduce emissions from the cultivation of rice, the most-consumed and most carbon-intensive crop globally. Rice is the largest crop market in the world, with an annual market size of more than $300 billion, but it…
Venture capital investment in climate technology grew significantly in the first half of 2026, rising by more than 50% over the same period in the prior year to levels not seen in several years, driven largely by an increasing focus on technologies that can address the rapidly growing demand for energy by data centers, according to a new report by…
Global investment manager Nuveen announced a strategic partnership with the California State Teachers’ Retirement System (CalSTRS), under which CalSTRS will commit up to $2 billion to sustainable infrastructure investments, serving as a anchor investor for Nuveen’s Energy & Power Infrastructure Credit Fund II (EPIC II). In addition to the EPIC II fund, the new partnership also positions CalSTRS to anchor…
The European Commission announced that it has sent letters to all 27 EU member states, opening infringement procedures over the states’ failure to fully transpose new rules aimed at achieving a zero emissions building stock across the EU by 2050 into their national laws. Adopted by European lawmakers in 2024, the updated Energy Performance of Buildings Directive (EPBD) introduced a series…