To assist in scaling up transactions of voluntary carbon credits and make it simpler for their customers to participate in the market, nine international banks have invested a combined total of $45 million in a new platform, Carbonplace, based out of London. Companies looking to use the credits to help fulfill net-zero emissions objectives […]
9 international banks invest $45 million into Carbonplace Read More »
The Climate Solutions Prize launched the most significant climate incentive prize in Quebec history. The Breakthrough Research prize for nonprofits and the Startups prize make up the two tracks of the Quebec Climate Solutions Prize, which has a combined value of over $250,000. During the event, Quebec’s Minister of Environment, the Fight Against Climate Change,
Largest Cleantech Award in Quebec History Read More »
The agreement made in Davos, Switzerland, will boost Indonesia’s national blue carbon roadmap. In turn, this will encourage the financing of blue carbon credits to support ocean conservation and restoration initiatives. To use its blue carbon resources to achieve climate goals, Indonesia will be the first national government to enter into this relationship with the
Indonesia and WEF Work Together to Expand Blue Carbon Credits Read More »
On Saturday, India, France, and the United Arab Emirates announced their intention to formally establish a framework to work together on nuclear energy and look into the business potential in the Indian Ocean region. In this regard, the foreign ministers of the three nations spoke on the phone and decided to cooperate in solar and
Trilateral Framework for Nuclear Energy and Collaboration Read More »
Adani Renewable Energy Holding Two Ltd, a division of Adani Green Energy, would pay Rs 15 crore to Essel Infraprojects to purchase 50% of the ownership in Essel Saurya Urja Company of Rajasthan Ltd. According to a regulatory filing from Adani Green Energy, Adani Renewable Energy Holding Two Ltd (ESUCRL) and Essel Infraprojects Ltd engaged
Adani Green Energy to be 50% stakeholder in Essel Saurya Urja. Read More »
Ecozen, a climate-smart deep tech company based in Pune, has raised $25 million in a new funding round headed by Dare Ventures, the venture capital arm of Coromandel International, and Nuveen, the Chicago-based asset management owned by US pension fund TIAA. Export-Import Bank of India (India EXIM Bank) and current investors Caspian and Hivos-Triodos Fonds
Ecozen, climate-deeptech startup raises $25 million from Nuveen and others Read More »
The Indian government gave Amazon the go-ahead to begin trading renewable energy sources there. The e-commerce giant is developing many wind and solar projects in India after obtaining a category-III energy trading license. The business is permitted to trade up to 4,000 million units of electricity annually under a category III license. In India, Amazon
Amazon will launch its renewable energy trading business in India Read More »
The Bureau of Energy Efficiency (BEE) has been selected to manage the voluntary carbon market, which is scheduled to launch in 2023. This year, the framework might be made public, and the need for voluntary carbon trading could also start up. BEE would support the electricity and environment ministries when they each provide notifications on
India Carbon Trading framework getting ready for 2023 launch Read More »
The newest fundraising round for the climate technology company Living Carbon, which seeks to boost trees’ capacity to absorb Carbon, was headed by Singapore’s Temasek, according to the startup’s chief executive Maddie Hall. Toyota, the largest carmaker in the world, Lowercarbon Capital, and Felicis Ventures contributed to the biotech’s $21 million Series A round, bringing
Toyota and Temasek support the climate biotech company Living Carbon Read More »
In addition to its unpredictable weather, Madagascar is renowned for its flora and animals. While there is a drought in the south, cyclonic showers affect the country’s northern and central regions. More than 2.2 million people in the southern areas, according to the World Food Program, experience food insecurity, which contributes to high rates of
Innovative Project Brings Green Energy to Madagascar’s Vulnerable Communities Read More »