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May 04, 2022
ReNew Energy inks PPAs for almost 2 GW solar power in India
ReNew Energy Global, an Indian renewable energy company, announced on Tuesday that it has entered into several power purchase agreements (PPAs) with utilities and corporate off-takers in India totaling about 2 GW of solar energy.
April 21, 2022EU carbon prices jumps 9% as the bloc moves closer to market reform
The benchmark European carbon contract soared to nearly an eight-week high following news of potential European Union market reform, and technical purchasing drove the contract through resistance levels of the past few weeks.
April 19, 2022BlackRock expects 75% of its assets to be backed by science-based climate targets by 2030
BlackRock announced last week that by 2030, at least 75% of the corporate and sovereign assets it manages on behalf of clients will be in issuers with science-based targets for climate change.
April 13, 2022Clean energy investment soared 50% as governments ramp up economic recovery
Clean energy investment in recovery plans for the Covid-19 crisis has increased by 50% in last five months and currently surpasses US$710 billion globally, according to International Energy Agency’s evaluation report released on Tuesday.
April 13, 2022Science Based Targets initiative develops net-zero standard for financial institutions
The Science Based Targets initiative (SBTi), a global organization that helps businesses set emissions reduction goals based on climate science, is developing a standard for financial institutions to set net-zero goals.
April 08, 2022Microsoft Chile inks PPA with AES Andes to power data center with 100% renewables
Microsoft Chile announced that it has signed a renewable power purchase agreement (PPA) with Chilean electricity provider AES Andes S.A., allowing customers to cut their carbon footprint while speeding up their digitization.
March 30, 2022Abu Dhabi to launch world's first regulated carbon trading exchange
Abu Dhabi Global Market announced on Tuesday the partnership with AirCarbon Exchange (ACX), a Singapore-based commodities exchange, which will allow ADGM to establish in Abu Dhabi the world’s first fully regulated carbon trading exchange and carbon cleari
March 23, 2022Singapore and Indonesia to collaborate on regional carbon trading hub
Singapore's National Climate Change Secretariat (NCCS) stated on March 21 that the country has signed a Memorandum of Understanding (MoU) with Indonesia on cooperation in carbon pricing, climate change, and sustainability.
March 22, 2022SEC’s draft carbon disclosure rules for companies with Scope 3 in dispute
The Securities and Exchange Commission (SEC) of the United States has released on Monday its long-awaited draft rule. If the rules are approved by the regulators, companies would be required to disclose their direct and indirect greenhouse gas emissions,
March 21, 2022Voluntary carbon market expected to grow 100 times as firms vowing net zero
The carbon credit market, which consists of the voluntary and regulatory markets, has the potential to boom as the world approaches its 2050 goal of net zero carbon emissions. “The demand for voluntary carbon credits is estimated to grow 15 times by 2030,