Spain’s BBVA, KKR Forge Strategic Partnership on Decarbonization Initiatives
BBVA has committed $200 million to KKR´s Global Climate Strategy, which invests in solutions at scale focused on transitioning to a low-carbon economy.
British Airways to Purchase $11M Worth of Innovative Carbon Credits
In India, the airline is backing a biochar project that empowers female farmers while enhancing soil biodiversity and farm yields.
IIT Roorkee, Uzbekistan’s SSU to Create PG Program for Sustainable Future
IIT Roorkee and Samarkand State University will foster research in hydrology, environmental science, renewable energy and sustainable development goals.
Suzlon Secures Wind Energy Order of 1,166 MW from NTPC Green Energy
This landmark deal will contribute significantly to India’s renewable energy goals and strengthen Suzlon’s position as a leading player in the sector.
BNP Paribas Cleantech Fund Raises $166M, Eyes 20 Ventures
The fund has raised €150 million to invest in European and North American startups driving sustainable solutions in energy and agriculture.
IFC Launches ClimaLab to Enable European Banks Mitigate Climate Risks
IFC launches ClimaLab to help European banks manage climate risks, promoting sustainable investments in line with the Paris Agreement.
Danish Energy Group Orsted Shuts Down its Last Coal-Fired Plant
The yearly coal consumption at Esbjerg Power Station has been about 500,000 tonnes, equivalent to about 1.2 million tonnes of CO2 emissions.
SAIL Takes a Leap Toward Carbon Neutrality with Biochar
SAIL’s groundbreaking use of biochar marks a significant step towards reducing carbon emissions in steel production.
UAE’s IFFCO Group Sets New Landmarks on its Climate Roadmap
The group has announced significant progress in its ESG efforts, including increased waste recycling and reduced water intensity.
Nearly 80% of Middle East Executives Have Formal Sustainable Strategies: PwC
PwC’s Middle East Sustainability Survey reveals a significant shift towards prioritizing sustainability in corporate agendas.