Alternative asset and private equity investor KKR announced that it has entered into a strategic partnership with German energy service provider EGC, aimed at driving decarbonization in the real estate sector. Buildings are a key source of global greenhouse gas (GHG) emissions, and also one of the hardest to replace, given their long-term nature. According to the European Commission, buildings…

Decarbonization-focused consultancy and carbon project developer and solutions provider South Pole announced the appointment of Dara Olufon as Co-Head of its Global Climate Advisory arm. Olufon will begin serving in his new role in March, alongside climate advisory co-lead Franziska Sinner. Olufon joins South Pole after ten years at McKinsey’s UK office, most recently serving as a partner in the…

Sustainable building materials startup Terra CO2 announced that it has raised $82 million in commitments in a Series B financing round, with proceeds aimed at accelerating the commercial deployment of its low carbon cement solution. Building materials are a key source of global greenhouse gas emissions. Cement production, an ingredient in concrete, accounts for approximately 8% of global carbon dioxide…

HSBC revealed today a series of major changes to its climate goals, including a decision to push back its 2030 target to achieve net zero emissions in its operations and supply chain by 20 years, citing the “slower pace of the transition across the real economy,” in areas including climate technology, energy transition, and government policy. The bank also announced…

Lawmakers in the European Parliament and Council announced that they have reached a provisional agreement on a series of new measures aimed at preventing and reducing waste in the textile and food sectors, including rules that would require fashion brands to pay for the collection and recycling of their products, with fees based on the products’ circularity and sustainability. The…

While the current administration has prioritized fossil fuel expansion and rolled back federal climate policies, the global green transition continues to accelerate. In fact, the green job market is booming. Companies and investors are still riding the green career sustainability wave, creating new jobs and stronger demand for professionals with expertise in renewable energy and similar fields. Market forces, state-level…

Carbon transformation-focused cleantech company Twelve announced that it has raised $83 million in additional Series C funding, with proceeds aimed at supporting its projects to use captured CO2 to produce critical materials and fuels, such as sustainable aviation fuel (SAF). In September, the company announced that it had raised $645 million of capital in a mix of project equity, a…