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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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YouTube surpasses ITV as the UK’s second most-watched media brand. Ofcom’s report highlights the platform’s growing popularity, especially among younger viewers. Average daily viewing time for traditional broadcast TV decreased as on-demand services gained traction.
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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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Investor interest shifts from AI to defence amid tensions. Retail investors show increased interest in the defence sector due to geopolitical tensions, with over 50% expecting it to grow the most in the next six months, surpassing AI and semiconductor equipment.
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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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Trump criticises UK’s North Sea oil taxation as excessive. US President Donald Trump has criticised the UK for high taxes on North Sea oil, calling it a “TREASURE CHEST” for the country. He urged for incentives to attract drillers, highlighting potential financial gains and reduced energy costs.
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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….