Rivers are the unsung heroes of our planet, essential to both environmental health and economic resilience. They fuel economies, sustain communities and act as nature’s original infrastructure – yet they remain massively undervalued in climate finance discussions. They only make headlines when disaster strikes, like when the River Rhine’s water levels dropped so low in 2018 and 2022 that commercial shipping…
OneStream Launches New ESG Reporting & Planning Solution for CFOs
Enterprise finance management platform OneStream announced the launch of its new ESG Reporting & Planning solution, aimed at helping CFOs and finance professionals to navigate sustainability reporting requirements and make data-driven decisions. According to OneStream, the new solution unifies ESG data and processes in a single platform, enabling customers to collect, analyze, report and plan for ESG requirements, including Scope…
Tracera Raises $12 Million to Scale AI-Powered ESG Reporting Platform
Sustainability data platform Tracera announced that it has raised $12 million in a Series A funding round, with proceeds aimed at scaling its AI-powered platform to help businesses comply with ESG reporting requirements. Established in 2022, New York-based Tracera – formerly called ESG Flo – provides solutions aimed at enabling companies to streamline sustainability reporting and reduce costs. The company’s…
MUFG Appoints Stephen Jennings as Chief Sustainability Officer for EMEA
Tokyo-based banking group Mitsubishi UFJ Financial Group (MUFG) has announced the appointment of renewable energy finance veteran Stephen Jennings as Chief Sustainability Officer for the firm’s EMEA region. With a focus on how MUFG can support clients with their energy transition in EMEA, in his new role, Jennings will be responsible for developing and enhancing MUFG EMEA’s overall sustainability strategy…
Excelsior Energy Capital Raises $1 Billion for Renewable Energy Investment Fund
Clean energy infrastructure investor Excelsior Energy Capital announced that it has raised over $1 billion in capital commitments at the final close of its second fund, Excelsior Renewable Energy Investment Fund II. The firm said that the fund significantly surpassed its initial $750 million target. The fund also doubles the size of its predecessor, Excelsior Fund I, which closed at…
Carbon Equity Raises €105 Million for Climate Tech Fund
Impact investing platform Carbon Equity announced that it has raised €105 million at the closing of Climate Tech Portfolio Fund III, its third fund of funds targeting investments in climate solution innovations. Founded in 2021, Amsterdam-based Carbon Equity aims to enable individuals to invest in leading climate-focused private equity and venture capital funds. With the new closing, the firm has…