Aberdeen Investments announced the appointment of Kate McGrath as its new Head of ESG, Fixed Income, with responsibility for ESG oversight across the firm’s Fixed Income department’s ESG and sustainability focused strategies and mandates, and thematic strategies spanning the UN SDGs and climate transition. McGrath takes on her new role after 8 years at Aberdeen serving on the Sustainable Investment…
The European Commission announced that it has approved new schemes by Austria and Spain aimed at compensating energy-intensive companies for higher electricity prices due to the impact of carbon prices under the EU Emission Trading Scheme (ETS). According to the Commission, the schemes are aimed at reducing the risk of companies relocating their activities to countries outside the EU with…
Sustainability software provider Persefoni announced the launch of Persefoni Analytics Agent, a new agentic feature on its platform aimed at enabling companies to accelerate the analysis and understanding of their emissions data. Founded in 2020, Persefoni offers software and AI-driven tools aimed at enabling companies and financial institutions to manage their carbon footprint and sustainability reporting, with capabilities including streamlined…
Germany’s Federal Ministry for Economic Affairs and Energy announced today the launch of its 2026 contracts for difference (CCfDs) bidding process, expected to channel up to €5 billion this year to support investments aimed at decarbonizing energy-intensive industrial companies. The announcement marks the third round of Germany’s 15-year CCfD program, launched in 2023 to help companies in energy intensive industries…
Energy solutions provider Ameresco and sustainable infrastructure investor HA Sustainable Infrastructure Capital (HASI) announced the launch of Neogenyx Fuels, a new joint venture aimed at accelerating the development of advanced biofuels and renewable natural gas (RNG) projects. The companies said that Neogenyx Fuels is expected to become one of the largest biogas project developers in the U.S. upon closing. RNG,…
Materials science startup Barocal announced that it has raised $10 million in a Seed funding round, with proceeds aimed advancing the commercialization of its solid-state cooling and heating platform technology. Heating and cooling sector emissions are responsible for around 15% of annual global greenhouse gas emissions, with cooling alone accounting for more than 4 Gt of CO₂e in 2022, with…