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Class 3 Technologies secures $3.5 million to advance climate risk tools. The funding aims to expand its Iris software, which uses engineering-based modelling to assess building vulnerabilities, offering property stakeholders precise data for resilience planning….
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Brookfield Asset Management partners with Bloom Energy for AI data centres. Brookfield plans to invest up to $5 billion in deploying Bloom Energy’s fuel cell technology across its global AI data centres to address the rising power demand with efficient, scalable solutions….
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South Korea mandates sustainable aviation fuel for flights by 2027. The new roadmap requires international flights to use sustainable aviation fuel, increasing its blend over time, aiming to decarbonise aviation. SAF producers claim potential emissions reductions of up to 85%….
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Greenly launches EcoPilot to streamline carbon accounting for companies. The platform automates data processing and integrates emission modelling features to aid sustainability efforts. Reports comply with major frameworks, enhancing companies’ climate strategies through advanced AI and language models….
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LEGO Group aims to phase out natural gas to cut emissions. The company targets net zero emissions by 2050 and a 37% reduction by 2032. Key projects include geothermal energy in Hungary, district heating in Denmark, and heat reuse in China….
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Climate Fund Managers closes a US$1 billion adaptation fund. Climate Fund Managers has secured over US$1 billion for its Climate Investor Two fund, aimed at financing climate adaptation infrastructure in developing economies, marking it as the largest fund of its kind globally….
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U.N. labour agency warns of looming staff cuts amid funding crisis. Internal ILO plans show up to 8% of jobs may go if the U.S. and other members fail to pay overdue dues. Geneva headquarters could see relocations and rental changes as the governing body prepares to review proposals.
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Schroders achieves 100% renewable electricity sourcing ahead of schedule. The investment manager met its renewable energy goal in 2024, a year early, for over 70 global offices, marking progress towards its broader climate objectives….
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Stegra enters new financing round for green steel plant. Swedish firm Stegra secures additional funding for its pioneering green steel plant in Boden, Sweden. The company aims to produce five million tons of green steel annually by 2030, using hydrogen and renewable energy to minimise CO2 emissions….
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Seventeen climate-aligned clauses are now part of Mexican law. The Chancery Lane Project collaborated with Nader, Hayaux & Goebel and Hogan Lovells to introduce climate-conscious legal clauses in Mexico, advancing sustainable law frameworks across Latin America.