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The European Commission adopts a new voluntary sustainability standard. The Voluntary Standard for SMEs (VSME) aims to simplify sustainability reporting for smaller businesses, enabling them to address ESG data requests from financial institutions and large companies, amidst potential changes to the CSRD’s scope….
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Australia expands clean energy scheme to target 40 GW by 2030. The government aims to accelerate renewable infrastructure, supporting its 82% renewable electricity goal by 2030. The initiative is set to attract investments worth A$73 billion in storage and solar technologies….
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Nuveen secures $785 million for sustainable real estate projects. The C-PACE fund enables insurance investors to finance energy efficiency and sustainability initiatives in commercial real estate, offering a cost-effective alternative to traditional financing methods….
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EPA proposes to rescind Greenhouse Gas Endangerment Finding. The move could significantly impact regulations on emissions from carbon-intensive industries. Environmental groups have criticised the proposal, which is likely to face legal challenges, as it removes the EPA’s authority to regulate greenhouse gases….
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Ares forms joint venture with Shell subsidiary to boost solar. Tango Holdings will manage 496 megawatts of solar projects across several U.S. states, enhancing renewable energy output and supporting critical infrastructure development as part of a strategic partnership….
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CRH to acquire Eco Material for $2.1 billion. The acquisition of Eco Material will enhance CRH’s supply chain, expand its distribution network, and strengthen its position in sustainable cement alternatives, addressing the growing demand for low-carbon construction solutions in North America….
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European ESG start-ups face challenges in global scalability. Despite Europe’s strong regulatory framework, start-ups struggle with international interoperability. Improvements in scalability and integration are necessary for global success….
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KKR partners with CleanPeak Energy to boost solar energy growth. The A$500 million investment aims to enhance CleanPeak Energy’s distributed solar and battery solutions for Australia’s commercial and industrial sectors, supporting the transition to a low-carbon economy with significant cost benefits….
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NatWest sets a £200 billion sustainable finance target by 2030. The bank aims to significantly boost climate and transition finance, expanding its previous goal. This new initiative supports NatWest’s net zero ambitions and aligns with the 2015 Paris Agreement….
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Google partners with Energy Dome for global energy storage deployment. The collaboration aims to enhance the use of clean energy by implementing Energy Dome’s long-duration storage solutions, addressing renewable energy intermittency, and supporting Google’s goal for 24/7 carbon-free energy….