China’s Ministry of Finance (MOF) announced the completion of a new green bond offering, the second-ever by the central government, raising RMB 6 billion (USD$887 million) for environmental initiatives ranging from clean transportation to pollution reduction. The offering drew very strong demand, with the order book reaching RMB 62.4 billion (USD$9.2 billion), with the issuance more than 10 times oversubscribed….
Brazil’s Securities and Exchange Commission (CVM) announced that it has amended its regulation requiring public companies to publicly provide annual ISSB-aligned sustainability and climate-related disclosures, moving instead to a voluntary sustainability reporting system. Mandatory sustainability reporting was set to next year, on 2026 data. While revoking the mandatory requirements, however, CVM’s updated regulation requires companies that opt out of sustainability…
This week in ESG news: IFRS, GRI collaborate to align sustainability reporting standards; SEC launches proposal to scrap corporate climate reporting rules; McDonald’s to miss 2030 supply chain decarbonization goal; tech giants back plan to test clean energy & materials solutions in data centers; global sustainable fund flows turn positive in Q1 2026; bp fires new Chair over governance, conduct…
The U.S. Securities and Exchange Commission (SEC) announced on Friday that it has formally proposed the rescission of the corporate climate disclosure rules introduced by the agency during the Biden administration. The climate reporting rules were adopted by the agency in 2024, under prior Biden-appointed SEC Chair Gary Gensler, establishing for the first time requirements for public companies in the U.S….
UK-based clean energy startup Caudal Energy announced that it has raised £4.3 million (USD$5.6 million) in a seed funding round to support the development of its technology to generate low-cost and reliable baseload power from tidal stream energy. According to the company, while tidal energy has long been recognized for its predictability, commercial deployment has historically been constrained by the…
New York Governor Kathy Hochul signed New York’s 2027 budget on Thursday, following approval by state legislators of the legislation that includes changes to the state’s climate law to significantly push back the state’s key emissions reduction goals, replacing its 2030 target with a new 2040 goal. The changes to New York’s Climate Act follows warnings from Hochul earlier this year that…
Digital infrastructure-focused asset manager DigitalBridge announced the acquisition of electrification infrastructure-focused investor ArcLight Capital Partners, with the transaction aimed at forming a leading alternative asset manager bringing together expertise in power, AI, and digital infrastructure, to address the opportunities presented by the expanding AI buildout, according to the companies. The acquisition values Arclight at up to $1.05 billion, including a…
New Jersey-based fusion startup Thea Energy announced that it has raised $100 million in Series B funding round, with proceeds from the financing aimed at advancing the company’s technology enabling the development of commercial fusion energy plants. Fusion, the process of combining two atoms to form a single atom to release energy, has been long referred to as the “Holy…
Germany-based laser fusion company Focused Energy announced that it has raised $240 million in a Series A funding round, marking the largest-ever Series A financing in the global fusion industry to date. Founded in 2021 as a spinout of the Technical University of Darmstadt, Focused Energy develops laser-driven fusion energy systems, designed to commercialize fusion as a source of virtually…