ICJ releases advisory opinion on states’ climate change obligations. The International Court of Justice has clarified that nations must reduce greenhouse gas emissions and adapt to climate change under international law, potentially requiring wealthier countries to compensate those most affected by climate change….

Standard Chartered launches Sustainable Escrow and Account Bank solution. The initiative assists clients in integrating sustainability into cash management by aligning funds with the bank’s sustainable loans and projects, enhancing its suite of sustainability-focused financial solutions….

EU seeks input on new environmental legislation simplification proposal. The European Commission aims to streamline environmental laws and reduce administrative burdens in areas such as circular economy, industrial emissions, and waste management, enhancing effectiveness while maintaining environmental protection….

Meta partners with Enbridge for Texas solar energy project. Meta has entered a deal with Enbridge for a 600 MW solar facility in Texas, marking another step towards its 2030 net-zero emissions goal. The project, Clear Fork, is expected to be operational by summer 2027….

Goldman Sachs to acquire Liquid Environmental Solutions from Audax. Texas-based Liquid Environmental Solutions, founded in 2002, manages non-hazardous liquid waste for various sectors across the U.S. Goldman Sachs plans to support its growth through organisational, technological, and operational investments….

Jupiter Intelligence enhances its platform with new climate risk tools. The tools help financial institutions quantify climate risk and assess resilience investments. This development addresses the growing need for precise climate-informed decision-making amid increasing severe weather impacts….

Lloyds Bank launches centre for Voluntary Carbon and Nature Markets. The centre, based in London, will guide clients in these evolving markets. Lloyds appointed Emily Martin and Gabriella Carden to co-lead the unit, reinforcing the bank’s commitment to sustainability and clean growth strategies….

Chestnut Carbon secures $210 million credit facility from J.P. Morgan. The facility supports large-scale nature-based carbon removal projects. The deal, underpinned by an agreement with Microsoft, marks a pioneering financing model for the voluntary carbon sector….