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Clarity AI acquires ecolytiq to enhance climate engagement solutions. Clarity AI aims to bolster its climate engagement capabilities for global banking institutions through the acquisition of ecolytiq, a firm specialising in climate engagement solutions for financial services….
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EU lawmakers reject deforestation benchmarking system in key regulation. The European Parliament’s decision may delay the EU Deforestation Regulation, aimed at preventing deforestation-linked products on EU markets, as concerns over outdated data and insufficient risk categories persist….
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Microsoft signs a major carbon removal deal with Copenhagen Infrastructure Partners. The agreement involves capturing nearly 3 million tonnes of carbon through a waste-to-energy facility in Denmark, marking a significant step in Microsoft’s environmental strategy….
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UK commits £12 million to enhance disaster risk finance. The funding aims to expedite responses to climate shocks in vulnerable countries, reducing recovery costs. This move is part of the UK’s strategy to become a leader in sustainable finance.
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California’s climate disclosure laws advance amid firm deadlines. The California Air Resources Board has emphasised that companies must prepare for upcoming reporting requirements, with the first public workshop highlighting the importance of meeting these deadlines to ensure compliance….
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ESMA issues guidance to prevent greenwashing in sustainability claims. The European Securities and Markets Authority has released a thematic note advising market participants on sustainability-related claims, focusing on ensuring these are accurate, accessible, substantiated, and up to date, to mitigate greenwashing risks….
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CapitaLand Investment launches framework to measure green investment value. The Singapore-based firm’s Return on Sustainability framework quantifies financial benefits of eco-friendly spending, integrating environmental and commercial outcomes for informed decision-making and capital allocation….
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One-third of global chip production is at drought risk. A new PwC report warns that climate-driven copper disruption could impact 32% of semiconductor capacity by 2035, with supply chains for electronics, cars, and clean energy facing compounding exposure as water-stressed mines falter.
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The Aldbrough Hydrogen Pathfinder secures UK planning consent milestone. ERM has facilitated planning consent for the UK’s inaugural hydrogen-to-power project, advancing the country’s clean energy goals and establishing a foundation for a comprehensive low-carbon hydrogen network.
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EU Commission simplifies Taxonomy rules to ease company burdens. The new measures reduce reporting requirements and exempt non-material activities, effective from 2026, to streamline sustainability reporting within the EU’s sustainable finance framework….