85% of consumers report being concerned about environmental sustainability, increasing for the first time in three years, and growing across both developed and developing markets, driven by factors including experiences with extreme weather, according to a new survey released by global management consultancy Bain & Company. The survey also found a significant increase in the adoption of sustainable behaviors by…
Brazil-based carbon project developer Mombak announced the first close of The Amazon Reforestation Fund II, its second fund focused on financing restoration projects in the Brazilian Amazon. Mombak said that it is targeting raising $150 million for the new fund, which would surpass the predecessor fund’s $120 million. Founded in 2021, Mombak develops large-scale carbon removal projects, starting with native,…
AI-powered renewable energy asset management platform Metris announced that it has raised $5 million in a seed funding round, with the proceeds aimed at expanding the company’s platform, AI capabilities and European operations. Launched in 2025, London-based Metris provides an AI-powered platform for renewable energy owners and operators, integrating asset data, performance monitoring, revenue management and operational workflows. The company…
Global carbon and environmental commodities market infrastructure platform Xpansiv and decarbonization-focused growth investor Verdane announced today a new strategic partnership, with Verdane leading a major capital raise by Xpansiv. The companies said that the new capital will support Xpansiv’s acquisition strategy and expansion into new products, asset classes and geographies. John Melby, CEO of Xpansiv, said: “This partnership enables us…
The European Commission has published the finalized revised European Sustainability Reporting Standards (ESRS) for companies covered by the EU’s mandatory Corporate Sustainability Reporting Directive (CSRD) and its voluntary reporting standard for smaller companies in the Official Journal of the EU. The publication follows the adoption of the revised ESRS and voluntary reporting standard by the EU Commission in July, and…
New York State Comptroller Thomas P. DiNapoli announced the completion of a new sustainability bonds issuance, raising $318.9 million, with proceeds earmarked to fund investments in transportation, education and environmental projects. The sale marks the state’s first-ever offering of ESG-designated General Obligation (GO) bonds. According to the Comptroller’s office, proceeds from the new bonds will help finance projects authorized by…
The European Commission announced the release of a proposed regulation to establish a new rating scheme and a related sustainability label for data centers, providing information including energy efficiency, water use, energy sourcing and contribution to grid flexibility. Under the new regulation, a sustainability label would be generated for all EU data centers with a capacity above 500 kW. According…
Morgan Stanley Investment Management (MSIM) announced that it has led a €49 million (USD$56 million) Series E financing round for Australian residential energy solutions provider Amber Electric, with proceeds aimed at supporting the international expansion of the company’s battery automation technology. MSIM’s investment was made through 1GT, the firm’s private climate equity strategy targeting the elimination of 1 gigaton of CO2 emissions…
Investment data and research provider MSCI has appointed Sonia Kim as its new Head of Sustainability, responsible for leading the firm’s global sustainability business. In her new role, Kim will have responsibility for MSCI’s sustainability business’ strategy, product, commercial growth, and organizational performance, including driving the evolution of its sustainability intelligence and analytics offering, combining data, research, technology and AI to…