Decarbonization technology investment firm Climate Investment announced that it has raised $450 million for its Decarbonization Acceleration Fund (DAF), aimed at scaling commercially proven decarbonization solutions. The company said that DAF targets the commercialization and scale-up of technologies across emissions-intensive sectors, including energy, industry, transport and buildings, and is designed to provide the “missing middle” between early-stage venture funding and…
Radisson Hotel Group announced a new target, with the company aiming to reach 100 Verified Net Zero hotels globally by 2030, enabling travelers to experience net zero footprint stays, including 100% renewable energy, low carbon menus and minimal waste. The announcement marks the global rollout of Radisson’s Verified Net Zero Hotels (VNZ) program, transitioning from its 2025 pilot phase into…
The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced today the publication of new exposure drafts with proposed amendments to three of its sector-focused SASB sustainability reporting standards, including those covering the Agricultural Products, Meat, Poultry & Dairy, and Electric Utilities & Power Generators sectors. The Sustainability Accounting Standards Board (SASB) was founded in 2011 with a mission to establish…
LaSalle Investment Management, the global investment management business of real estate-focused professional services firm JLL, announced that it has raised $370 million for the LaSalle Property Planet Protection Fund (Lp3F), its new fund aimed at accelerating the delivery of decarbonization solutions across commercial real estate portfolios globally. The company said that the fund will focus on properties requiring capital expenditures,…
Cleantech startup Renasens announced today that it has raised €10 million (USD$11.5 million) in a seed funding round, with proceeds aimed at scaling its waterless, chemical-free textile recycling platform in Europe. Founded in 2022 by Dr. Jade Bouledjouidja, Sweden-based Renasens has developed a waterless textile recycling solution designed to convert mixed textile waste into high-quality fibers, supporting circular material use…
Climate solutions provider Watershed announced the launch of a series of new capabilities within its platform, aimed at enabling companies to manage ESG data and produce sustainability reports across all ESG metrics and reporting requirements. According to Watershed, the new offering is being launched to address increasing challenges facing sustainability teams, driven by new and changing sustainability reporting regulations as…
The government of Germany announced Wednesday the adoption of its new Climate Protection Program, setting out its action plan to achieve its goal to reduce emissions by 65% by 2030 on a 1990 basis, backed by €8 billion in investments over the next four years. The program details 67 measures across the energy, transport, buildings and agriculture sectors, which the…
Global alternative asset and private equity investor KKR an agreement with by water, hygiene and infection prevention solutions provider Ecolab Water, hygiene and infection prevention solutions provider Ecolab announced today an agreement to acquire liquid data center cooling solutions provider CoolIT from KKR, in a deal valuing the company at $4.75 billion, generating a return of approximately 15 times the…
Madrid-based renewable energy company Zelestra announced today that it has secured a $600 million green financing credit facility to support the development of two solar projects in Texas, backed by long-term power purchase agreements (PPAs) with Meta, the owner of Facebook, Instagram, and WhatsApp. The two projects, the 252 MW Echols Grove and 187 MW Cedar Range facilities, are currently…