Denmark has launched the Green Fuels Alliance India (GFAI) to strengthen collaboration with India in sustainable energy solutions and advance their joint goal towards carbon neutrality. The alliance, led by the Danish Embassy and Consulate in India, aims to foster innovation and partnerships between Danish industries and their Indian counterparts, focusing on the Green Fuels…

December 27, 2023 Only eight days after the Dept. of Treasury and IRS released its proposed rules for Section 45X manufacturing tax credits within the Inflation Reduction Act, First Solar signed two agreements to sell $700 million of its credits to Firserv, a financial services company. Under the terms of the agreements signed on Dec. 22,…

December 18, 2023 The Canadian government is poised to pass rules requiring all new vehicles sold in the country to be zero-emissions by 2035, according to news reports. The federal government will announce the regulation, called the Electric Vehicle Availability Standard, in the coming days, with the aim of phasing out the sale of new combustion vehicles,…

December 20, 2023 In support of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) is now accepting applications for competitive funding to upskill the workforce with energy efficiency certifications. Authorized by President Biden’s Bipartisan Infrastructure Law, the Energy Auditor Training program (EAT) will provide up to $40 million in grants for states…

December 20, 2023 As part of President Biden’s Investing in America agenda, the Biden-Harris Administration announced on Wednesday $600 million for 11 selected Grantmakers under EPA’s Environmental Justice Thriving Communities Grantmaking program, created by President Biden’s Inflation Reduction Act, the largest investment in climate action in history. This new grant program, which will make it easier…

Environmental, Social and Governance (ESG) rating activities play an important role in the EU sustainable finance market as they provide information to investors and financial institutions regarding, for example, investment strategies and risk management on ESG factors. ESG ratings have an increasingly important impact on the operation of capital markets and on investor confidence in sustainable…

The Government of Canada has proposed a national emissions cap-and-trade system to limit greenhouse gas (GHG) emissions from the oil and gas sector, aiming to achieve net-zero GHG emissions by 2050. The system will establish reporting and verification requirements, and a legal upper bound on emissions. The regulations will identify regulated parties, establish terms for…

December 8, 2023 China’s State Council has released an action plan aimed at improving air quality and promoting high-quality economic development. The plan outlines measures to achieve cleaner air by 2025, including green industrial shifts, a cleaner energy mix, and a low-carbon transport system. The plan’s objectives include reducing PM2.5 density in cities at the prefecture level…

December 10, 2023 On Food and Agriculture Day at COP28, Environment and Climate Change Canada announced a new draft protocol under Canada’s Greenhouse Gas Offset Credit System. The protocol, known as Reducing Enteric Methane Emissions from Beef Cattle (REME), aims to incentivize farmers to reduce enteric methane emissions from their beef cattle operations. Enteric methane emissions are…

December 11, 2023 The United Nations (UN) has appealed for $46.4 billion in 2024 to assist 181 million people worldwide who are grappling with catastrophic hunger, mass displacement, and diseases due to escalating conflicts, climate emergencies, and collapsing economies. The appeal was made by Martin Griffiths, the UN Emergency Relief Coordinator, during the launch of the…

December 13, 2023 We're excited to share some big news with you! Integix ESG is evolving and taking on a new identity – meet EcoActive ESG. As we launch EcoActive as its own entity, our focus is clearer than ever: delivering exceptional Sustainability Solutions. EcoActive ESG is more than just a rebrand, we understand the challenges of…

December 4, 2023 The European Supervisory Authorities (ESAs) have published their Final Report amending the draft Regulatory Technical Standards (RTS), proposing new mandatory reporting on social factors and greenhouse gas (GHG) emission reduction targets for financial products under the Sustainable Finance Disclosure Regulation (SFDR). The SFDR is part of the EU’s Action Plan on financing sustainable…