July 20, 2023 During their first two years, the EU Missions in Horizon Europe have supported the Commission’s work on the European Green Deal, making Europe fit for the Digital Age, and Europe’s Beating Cancer Plan. Since their inception, EU Missions have demonstrated their potential to accelerate change. Supported primarily by Horizon Europe funding, they have…

July 20, 2023 A landmark new investment by IFC is aiming to boost access to finance for Türkiye’s SMEs–with a focus on women-owned smaller businesses and those helping the country adapt to climate change. IFC is providing $75 million in subordinated debt financing, as part of a $300 million financing package, to Akbank T.A.Ş., a longstanding client,…

July 20, 2023 Energy storage startup Energy Dome announced today that it has raised €55 million ($60 million) in the second tranche of its Series B funding round, with proceeds aimed at scaling the global commercialization of its utility-scale storage solution, the CO2 Battery. Founded in 2019, Milan, Italy-based Energy Dome enables expanded use of renewable energy…

July 20, 2023 Research coincides with the launch of the firm’s ESG Performance Score, a data-driven assessment of corporate sustainability performance inspired by International Sustainability Standards Board (ISSB) standards.   ESG Book’s analysis reveals that European companies lead global peers on ESG performance, but are falling behind on the disclosure of financially material, industry-led sustainability…

July 12, 2023 – Brussels, Belgium On 12th July, ahead of the seventh Ministerial on Climate Action (MoCA7), the Honourable Steven Guilbeault, Minister of Environment and Climate Change, on behalf of the Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada, announced a $450 million contribution…

July 10, 2023 A coalition of investment and sustainable investing groups – including Eurosif, PRI, IIGCC, EFAMA, UNEP FI – alongside more than 90 asset managers announced the publication of a joint statement calling on the European Commission to reconsider its recent proposed changes to the European Sustainability Reporting Standards (ESRS), which would ease several aspects…

July 10, 2023 Public and large private companies in Singapore will be required to provide climate-related disclosures aligned with the IFRS’ newly published ISSB disclosure standards, according to a proposal by Singapore’s business reporting, accounting and corporate services and markets regulators Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo). The plan for mandatory…

July 5, 2023 This USGS research marks the first time anyone has tested for and compared PFAS in tap water from both private and government-regulated public water supplies on a broad scale throughout the country. Those data were used to model and estimate PFAS contamination nationwide. This USGS study can help members of the public to…

June 20, 2023 SA-H2 is an innovative blended finance fund, that will facilitate and accelerate the development of a green hydrogen sector and circular economy in South Africa The fund will give private sector developers access to risk capital from an early stage of development, throughout construction and into operations “Succeeding in a…

June 20, 2023 EIB continues to lead innovation in capital markets with a digital native green bond issuance denominated in Swedish krona. The SEK 1 billion digital green bond has a maturity of 2 years and bears a 3.638% fixed rate coupon, with Crédit Agricole CIB and SEB as joint lead managers. The…

June 19, 2023 The Financial Reporting Council (FRC) has today published a research report about Audit Committee Chairs’ views on, and approach to Environmental, Social and Corporate Governance (ESG) activities and reporting. The report, commissioned by the FRC and conducted by independent research agency YouGov, involved qualitative interviews with 40 ACCs of Public Interest Entities (PIEs), representing…

June 15, 2023 The Royal Bank of Canada estimates that building a net-zero economy could create up to 400,000 new jobs in Canada by the end of this decade alone. As of last fall, Canadian employers were trying to fill more than one million job vacancies. A significant number of those vacancies (243,400) were in the professional,…