Sustainable finance
US awards $20bn funding for clean energy in low-income communities
US Vice-President Kamala Harris and Environmental Protection Agency (EPA) Administrator Michael Regan announced on Thursday the eight organisations that will…
US awards $6bn to industrial decarbonisation and electrification
A new arm of the US DOE on Monday announced a $6bn federal funding package for the decarbonisation of 33…
RWE boosted earnings in 2023 but expects profits fall in 2024
German energy major RWE saw an uptick in profits last year thanks to boosted renewables sales but expects earnings to…
NatPower pledges £10bn to UK’s green energy sector
Renewables developer NatPower UK has pledged to drive £10bn ($12.85bn) of investment into the UK’s green energy sector in a…
UK pledges additional £120m to clean industry fund
The UK Government has announced up to £120m ($152.27m) in additional funding for its Green Industries Growth Accelerator (GIGA) fund…
Australia to join clean energy subsidies race with multibillion green fund
Australia plans to unveil a multibillion-dollar green subsidies package to rival those of the US and the EU as it…
Alberta pension manager launches C$1bn energy transition fund
Canadian pension manager the Alberta Investment Management Corporation (AIMCo) on Thursday launched a C$1bn ($745m) fund dedicated to investing in…
How COP28 accelerated the conversation on coal phase-out
DUBAI – COP26, which took place in Glasgow in 2021, was supposed to be the COP that “consigned coal to…