The EU has made significant progress towards meeting its climate goals, including reducing greenhouse gas emissions by well over a third since 1990, despite economic growth, but continues to face growing risks to its competitiveness from climate change and environmental degradation, according to a new report by the European Environment Agency (EEA). The new publication forms part of a series…

Banking is no longer only about balance sheets and compliance. A new question hangs over the sector: what kind of future are you financing? Increasingly, the answer is framed through sustainability — not as a marketing slogan, but as a core strategic principle that cuts across credit, investment and client engagement. The shift is not just about green products. It…

Alternative asset and private equity investor KKR announced an agreement to acquire a 50% stake in a portfolio of solar energy assets from TotalEnergies, in a transaction valuing the portfolio at an enterprise value of $1.25 billion. The portfolio includes six large-scale solar projects totalling 1.3 GW and 41 smaller distributed generation sites adding another 140 MW, primarily based in…

China’s President Xi Jinping announced a series of new interim climate goals, including a target to reduce economy-wide net greenhouse gas (GHG) emissions by 7%-10% from peak levels by 2035, marking the country’s first-ever absolute emissions reduction target. Speaking by video in a speech to a UN Climate Summit, President Xi also announced 2035 targets to expand China’s installed capacity…

In this Q&A, Ed Mountney, investment manager at Foresight Environmental Infrastructure (FGEN), sits down with Natalie Kenway to discuss the opportunities for infrastructure, wholesale portfolios and his outlook for sustainable investment. Provide us with some background on FGEN… when was it launched? Who for? What does it invest in and aim to achieve?  Foresight Environmental Infrastructure is a listed environmental…

In this Q&A, Ed Mountney, investment manager at Foresight Environmental Infrastructure (FGEN), sits down with Natalie Kenway to discuss the opportunities for infrastructure, wholesale portfolios and his outlook for sustainable investment. Provide us with some background on FGEN… when was it launched? Who for? What does it invest in and aim to achieve?  Foresight Environmental Infrastructure is a listed environmental…

Italian energy company Eni announced today that it has signed a power purchase agreement (PPA) worth more than $1 billion with Commonwealth Fusion Systems (CFS), to offtake energy from CFS’ first commercial fusion plant, which is anticipated to come online in Chesterfield County, Virginia in the early 2030s. Fusion, the process of combining two atoms to form a single atom to…

The European Council released a “statement of intent” committing to set a 2035 emissions reduction target for the EU prior to the COP30 international climate conference in November, shortly after lawmakers acknowledged that they will miss the end of September deadline to submit its goal at the conference, as required by the Paris Agreement, as member states have not yet…

VoLo Earth Ventures, an early-stage climate tech-focused venture capital firm, announced it has closed its second fund at $135 million. The firm said that the closing of Fund II marks an increase of 50% over its predecessor fund’s $88 million, despite a challenging environment for venture fundraising, and for climate tech in particular. VoLo Earth targets investments in capital-efficient solutions…

Responsible investing has morphed from a movement into a an industry on course to command $50trn in assets by 2025— a third of the capital at work in the markets, says Nuveen’s global head of responsible investing. Yet approaching responsible investing has remained as difficult as ever with hard to define and hard to measure dynamics, critics who’ve branded the…