Archive

Decarbonization Partners leads $69m funding round in carbon removal business

People Moves, 7 June: Abrdn, Savills IM, CPP IB, South Pole ... and more

Brookfield offers $6.1bn to delist French energy developer

Brookfield has reached an agreement to take a majority stake in French renewable energy developer Neoen and take the company private, in a deal that values the company at €6.1 billion ($6.6 billion).

SBTi updates criteria to enable 'ambitious' near-term targets

The Science Based Targets initiative (SBTi) has released criteria updates and resources for financial institutions to set "ambitious" near-term emission-reduction targets to keep warming to 1.5°C as well as the introduction of fossil fuel finance criteria.

People Moves, 17 May: Impact Investing Institute, Abrdn, Basel Committee and HSBC

Thedéen appointed Basel Committee chair

SBTi gives carbon credits update in corporate net zero standard revision

The Science-Based Targets initiative (SBTi) has explained how it intends to incorporate views on environmental attribute certificates (EACs), including carbon credits, into a major revision of its Corporate Net-Zero Standard.

US banks lament data gaps in first Fed climate scenario analysis

The Federal Reserve's first climate scenario analysis of the country's six largest banks exposed widespread data gaps that threaten to undermine the accurate assessment of climate-related risks.

Palatine receives SBTi validation for emission reduction targets

BlackRock and Temasek's Decarbonization Partners closes debut fund at $1.4bn

Decarbonization Partners - a joint-venture between BlackRock and Temasek - has closed its first fund, a late-stage venture capital and growth private equity vehicle, at $1.4 billion.