London-based sustainable infrastructure investment firm Pioneer Point Partners announced that it has raised over €1.1 billion (USD$1.2 billion) for its second sustainable institutional fund, Pioneer Infrastructure Partners II. The firm noted strong demand for the sustainable infrastructure-focused fund, with fundraising reached only twelve months following launch, and significantly exceeding its initial €800 million target. The fund is classified as Article…
We’re only four months into 2025, and if you’ve blinked, you might’ve missed half a dozen new climate regulations, a few game-changing discoveries, and a wildfire season that came way too early.
Royal Bank of Canada (RBC) announced that it has decided to drop its target to mobilize $500 billion in sustainable finance, and has held off on providing some climate finance-related disclosures, following changes to greenwashing regulations in Canada. The announcement, revealed in RBC’s 2024 Sustainability Report, follows the passage of amendments last year to Canada’s Competition Act, aimed at tackling…