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European Commission to Withdraw Anti-Greenwashing Regulation

The European Commission revealed on Friday that it plans to withdraw the Green Claims Directive just days prior to trilogue negotiations to finalize the proposed rules aimed at protecting consumers from greenwashing claims about the environmental attributes of products and services, following objections from lawmakers that brought its ability to be adopted into doubt. Following a question about the Commission’s…

La Caisse Targets $400 Billion in Climate Investments by 2030

Canadian institutional investor, Caisse de dépôt et placement du Québec (La Caisse, formerly CDPQ), announced a new sustainable investing target, aiming to reach $400 billion in “climate action” investments by the end of this decade. The pledge, unveiled as part of La Caisse’s 2025–2030 climate strategy, marks a major acceleration in the asset owner’s efforts to drive global decarbonization and…

Coldplay to Re-release All Albums on Recycled Plastic Records

Rock band Coldplay announced that it will re-release each of its albums on “EcoRecords” made from recycled plastic bottles. The band said that the move forms part of its sustainability mission, and its efforts to make music more sustainable, including cutting the carbon footprint of its ‘Music Of The Spheres World Tour’ by 59% to date. The band’s most recent…

EPP Calls on EU Commission to Scrap Anti-Greenwashing Legislation

The European People’s Party,  the largest political party in the EU Parliament, has called on the European Commission to withdraw the proposed Green Claims Directive, aimed at protecting consumers from greenwashing claims about the environmental attributes of products and services, arguing that the new rules would be overly burdensome and complex, and that the positive impact  of the directive is…

Nvidia Backs $650 Million Capital Raise for Bill Gates’ Nuclear Tech Company TerraPower

Nuclear technology company TerraPower announced the closing of a funding round which raised $650 million, securing investment from a mix of existing and new backers, including NVentures, the venture capital arm of NVIDIA. This is a significant milestone for the U.S.-based nuclear innovation company – which was founded by Microsoft’s Bill Gates, who currently serves as Chairman of the Board…